Resizing definition

Resizing has the meaning provided in Section 15(k).
Resizing means the minimal cutting, breaking, or sawing, but does not include planing, grinding, chipping, sanding, shredding, mulching, or other mechanical handling or any other treatment.
Resizing means there has occurred a mandatory redemption of a Tax-Exempt Bond resulting from a reduction (by prepayment or otherwise) of the underlying project loan to reflect a debt service coverage of at least 1.10 as selected by the Borrowers, for such project loan based on the then current operating income generated by the applicable Project.

Examples of Resizing in a sentence

  • If the Lead Securitization Note Holder so requests, the Resizing Entity holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

  • The Resizing Holder whose Note is being reallocated or split pursuant to this Section 18(a) shall reimburse the other Holders for all costs and expenses incurred by the other Holders in connection with the reallocation or split.

  • If the Lead Securitization Note Holder so requests, the Resizing Holder (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

  • In connection with the foregoing (provided the conditions set forth in (i) through (v) above are satisfied, with respect to (i) through (iv), as certified by the Resizing Holder, on which certification the Master Servicer can rely), the Master Servicer is hereby authorized and directed to execute amendments to the Mortgage Loan Documents and this Agreement on behalf of any or all of the Note Holders, as applicable, solely for the purpose of reflecting such reallocation of principal.

  • In connection with the foregoing (provided the conditions set forth in (i) through (v) above are satisfied, with respect to (i) through (iv), as certified by the Resizing Entity, on which certification the Master Servicer can rely), the Master Servicer is hereby authorized and directed to execute amendments to the Mortgage Loan Documents and this Agreement on behalf of any or all of the Note Holders, as applicable, solely for the purpose of reflecting such reallocation of principal.

  • If the Lead Securitization Note Holder so requests, the Resizing Holder holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

  • This Resizing Amendment may be executed in any number of counterparts and all of such counterparts shall together constitute one and the same instrument.

  • If the Lead Note Holder so requests, the Resizing Entity holding the New Notes (and any subsequent holder of such Notes) shall execute a confirmation of the continuing applicability of this Agreement to the New Notes, as so modified.

  • The titles and headings of the paragraphs of this Resizing Amendment have been inserted for convenience of reference only and are not intended to summarize or otherwise describe the subject matter of the paragraphs and shall not be given any consideration in the construction of this Resizing Amendment.

  • Delivery of an executed counterpart of a signature page of this Resizing Amendment in Portable Document Format (PDF) or by facsimile transmission shall be effective as delivery of a manually executed original counterpart of this Resizing Amendment.


More Definitions of Resizing

Resizing. 9.3.1 “Review Waiver” - 10.3(b) “Scheduled PIP” – 3.1.38
Resizing. 9.3.1 “Review Waiver” - 10.3(b) “Scheduled PIP” – 3.1.38 “Second Extended Maturity Date” - 2.7.1 “Second Extended Term” - 2.7.1 “Second Extension Notice” - 2.7.1 “Second Extension Option” - 2.7.1 “Secondary Market Transaction” - 9.1(a) “Securities” - 9.1(a) “Securities Act - 9.2(a) “Securitization” - 9.1(a) “Servicer” - 10.21 “Servicing Agreement” - 10.21 “Sole Member” – Schedule VSpecial Member” - Schedule V “Springing Recourse Event” - 10.1 “Stated Maturity Date” – Section 1.1 - Definition of Maturity DateSubstitute Guarantor” – 7.1(h) “Summary Financial Information” – 9.5(b) “Third Extended Maturity Date” - 2.7.1

Related to Resizing

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.