Successful Auction definition
Successful Auction. An auction held pursuant to Section 9.04 at which at least three Qualified Bidders submitted bids and at least one of those bids was an Acceptable Bid Amount.
Successful Auction means an Auction for which there were Sufficient Clearing Bids.
Successful Auction. (i) An Auction which is conducted in accordance with Section 9.2(b) or (ii) the purchase of Collateral Debt Securities by the Collateral Manager or its Affiliates for a price equal to the Total Redemption Price pursuant to Section 12.4(c).
Examples of Successful Auction in a sentence
Notes shall be redeemed by the Issuer, in whole but not in part, at their respective Redemption Prices if a Successful Auction is completed pursuant to the procedures set forth on Exhibit N hereto (each, an “Auction Call Redemption”).
More Definitions of Successful Auction
Successful Auction. As defined in Section 3.18(b).
Successful Auction. Either (i) an auction that is conducted in accordance with the provisions specified in the Indenture, which includes the requirement that the aggregate cash purchase price for all the Mortgage Assets, together with the balance of all Eligible Investments and cash in the Payment Account, will be at least equal to the Total Redemption Price or (ii) the purchase of all of the Mortgage Assets by the Majority of Class G Noteholders for a price that, together with the balance of all Eligible Investments and cash in the Payment Account, is equal to the Total Redemption Price.
Successful Auction. The meaning specified in the Servicing Agreement.
Successful Auction means either Cricket Reauction or Denali License or both of them is the Winning Bidder for one or more FCC Licenses pursuant to Auction 66.
Successful Auction. As defined in Section 3.18(b). “Successor”: As defined in Section 6.03(b). “Taxes”: Any income or other taxes (including withholding taxes), levies, imposts, duties, fees, assessments or other charges of whatever nature, now or hereafter imposed by any jurisdiction or by any department, agency, state or other political subdivision thereof or therein. “Total Redemption Price”: As defined in the Indenture. “Transaction Documents”: As defined in the Indenture. “Trustee”: As defined in the Preamble hereto. “Trustee Termination Event”: As defined in Section 7.07. ▇▇▇▇▇▇▇▇.