Specified Refinancing Indebtedness definition

Specified Refinancing Indebtedness. Indebtedness incurred by the Borrower pursuant to and in accordance with Subsection 2.11.

Specified Refinancing Indebtedness means any Indebtedness of the Borrower or any Subsidiary Loan Party that Refinances the 2021 Notes, the 2022 Notes, the Term B-1 Facility or the Second Priority Senior Secured Notes (or previous Refinancings thereof constituting Specified Refinancing Indebtedness).

Specified Refinancing Indebtedness has the meaning set forth in Section 6.01(a)(v).

Examples of Specified Refinancing Indebtedness in a sentence

• Notwithstanding the foregoing, the obligations under the Senior Notes or any Specified Refinancing Indebtedness shall be permitted to be secured if, and only if, the US Obligations are secured on an equal and ratable basis to the obligations of the Company under the Senior Notes or any Specified Refinancing Indebtedness, as applicable, pursuant to documentation reasonably satisfactory to the Administrative Agent.

• Notwithstanding the foregoing, the obligations under the Senior Notes, the Term Loan Agreement or any Specified Refinancing Indebtedness shall be permitted to be secured if, and only if, the US Obligations are secured on an equal and ratable basis to the obligations of the Company under the Senior Notes, the Term Loan Agreement or any Specified Refinancing Indebtedness, as applicable, pursuant to documentation reasonably satisfactory to the Administrative Agent.

• Upon the incurrence or issuance by Holdings or any of its Restricted Subsidiaries of any Specified Refinancing Indebtedness or Indebtedness not expressly permitted to be incurred or issued pursuant to Section 7.03, the applicable Borrower shall prepay an aggregate principal amount of Loans in an amount equal to 100% of all Net Cash Proceeds received therefrom immediately upon receipt thereof by Holdings or such Restricted Subsidiary.

• Immediately upon receipt by HoldCo or any Subsidiary of the Net Cash Proceeds of any Specified Refinancing Indebtedness, the Borrower shall prepay the Loans being refinanced or replaced in an aggregate amount equal to 100% of such Net Cash Proceeds.

More Definitions of Specified Refinancing Indebtedness

Specified Refinancing Indebtedness means (i) as used in the definition of “2021 Revolving Facility Maturity Date”, any Indebtedness of the Borrower or any Subsidiary Loan Party that Refinances the 2022 Notes, the 2023 Notes, the 2024 First Lien Notes or the 2026 First Lien Notes and (ii) as used in the definition of “Term B-1 Facility Maturity Date”, any Indebtedness of the Borrower or any Subsidiary Loan Party that Refinances the 2026 First Lien Notes, the 2027 First Lien Notes, the 2028 Second Lien Notes or the 2029 First Lien Notes (or, in each case, previous Refinancings thereof constituting Specified Refinancing Indebtedness).

Specified Refinancing Indebtedness means (i) as used in the definition of “2016 Revolving Facility Maturity Date”, any Indebtedness of the Borrower or any Subsidiary Loan Party that Refinances the 2021 Notes, the 2022 Notes, the Term B-1 Facility or the Second Priority Senior Secured Notes and (ii) as used in the definition of “Term B-1 Facility Maturity Date”, any Indebtedness of the Borrower or any Subsidiary Loan Party that Refinances the 2021 Notes, the 2022 Notes or the Second Priority Senior Secured Notes (or, in each case, previous Refinancings thereof constituting Specified Refinancing Indebtedness).

Specified Refinancing Indebtedness has the meaning specified in Section 7.03(k).

Specified Refinancing Indebtedness has the meaning given to such term in Section 8.1(t).

Specified Refinancing Indebtedness means any senior or subordinated notes of the Borrower issued pursuant to the documentation therefor following the Second Restatement Effective Date, and the Indebtedness represented thereby; provided that (a) the terms thereof do not provide for any scheduled amortization, repayment of principal, mandatory redemption or sinking fund obligations prior to the date that is ninety-one (91) days after the Latest Maturity Date of any Loans or Revolving Credit Commitments outstanding at such time (other than customary offers to repurchase upon a change of control, asset sale or event of loss and customary acceleration right after an event of default), (b) the stated maturity date is no earlier than the date that is ninety-one (91) days after the Latest Maturity Date of any Loans or Revolving Credit Commitments outstanding at such time, (c) such Indebtedness is not Guaranteed by any person other than a Loan Party or a Parent Guarantor that Guarantees the Obligations and the terms of such Guarantees are no more favorable to the parties under such notes than the terms of the Guaranty are to the Lenders, (d) the Borrower prepays Term Loans with the proceeds therefrom in compliance with Section 2.05(c), (e) the Borrower shall be the issuer in respect thereof, (f) the covenants and events of default and other terms of which (other than interest rate and redemption premiums) are not, taken as a whole, more restrictive to Holdings, Foreign Holdings, Parent, the Borrower and their respective Subsidiaries than those in this Agreement; provided that the terms thereof shall not include (i) any mandatory prepayment (or reinvestment right) (other than customary offers to repurchase upon a change of control) that is more restrictive with respect to such entities than those in this Agreement or (ii) any financial maintenance covenant, (g) the obligations in respect thereof shall not be secured by any Lien on any asset of the Borrower, any Subsidiary or any other Affiliate of the Borrower (including any asset constituting Collateral) and (h) the terms of such Specified Refinancing Indebtedness, if subordinated, provide for its subordination upon customary terms no less favorable to the Lenders than the subordination terms set forth in the Senior Subordinated Notes Indenture as of the Closing Date; provided further that, with respect to clauses (a) and (b) above, Indebtedness constituting Specified Refinancing Indebtedness when issued shall not cease to constitute Specified Refin...

Specified Refinancing Indebtedness. Indebtedness incurred by the Borrower pursuant to and in accordance with Subsection 2.11. “Specified Refinancing Lenders”: as defined in Subsection 2.11(b). “Specified Refinancing Term Loans”: as defined in Subsection 2.11(a). “Specified Refinancing Tranche”: Specified Refinancing Facilities with the same terms and conditions made on the same day and any Supplemental Term Loan added to such Tranche pursuant to Subsection 2.8. “Specified Representations”: the representations set forth in (x) the last sentence of Subsection 5.2, (y) Subsections 5.3(a) (with respect to due organization and valid existence), 5.4 (other than the second sentence thereof), 5.5(c) (with respect to the incurrence of the Loans, the provision of guarantees and granting of security not violating the Organizational Documents of any Loan Party), 5.11, 5.13 (subject to the limitations set forth in the proviso to Subsections 6.1(a), 6.1(g), 6.1

Specified Refinancing Indebtedness has the meaning specified in Section 2.17(a).