Specified Prepayment Event means any sale, transfer or other disposition constituting an Acquisition Lease Financing.
Specified Prepayment Event means any sale, transfer or other disposition constituting an Acquisition Lease Financing. “Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the
Specified Prepayment Event limited to any Prepayment Event described in clause (b) of the definition of “Prepayment Event”.
Examples of Specified Prepayment Event in a sentence
Concurrently with the consummation of any Specified Prepayment Event, the Companies shall jointly and severally prepay the Loan, together with accrued interest thereon and the applicable Redemption Charge as set forth in Section 1.6(c), by the amount of Net Proceeds received in connection with such Specified Prepayment Event (and by the full outstanding amount of the Loan, together with accrued interest thereon, in the event of a Change of Control).
More Definitions of Specified Prepayment Event
Specified Prepayment Event means any voluntary or mandatory prepayment by the Borrower in respect of the Term Loans pursuant to Section 2.05.
Specified Prepayment Event means each of (i) the receipt by any Company of Net Proceeds of an Asset Disposition, excluding only sales of obsolete assets, (ii) the receipt by any Company of Net Proceeds from the issuance of any debt and/or equity securities, and (iii) the occurrence of a Change of Control;