Specified Refinancing Cash Proceeds definition
Specified Refinancing Cash Proceeds means, with respect to any person, the net proceeds of any issuance of debt securities of the Issuer or any of its Subsidiaries to a third party that are reserved to be applied within 90 days of the receipt thereof to repay, repurchase or redeem other debt securities of such person or any of its Subsidiaries held by third parties.
Specified Refinancing Cash Proceeds means any net cash proceeds from any issuance of debt securities of the Borrower or any of its restricted subsidiaries to a third party that is applied within 90 days of the receipt thereof to repurchase or redeem other debt securities of the Borrower or any of its restricted subsidiaries held by third parties.