Tender Offer Debt definition

Tender Offer Debt means the Debt owing to each of the following Persons, as evidenced by certain promissory notes in the original principal amounts set forth opposite each such Person’s name below, each dated August 20, 2009, executed by Colonial and payable to each such Person: ▇▇▇▇ ▇▇▇▇▇▇ $ 100,000 ▇▇▇▇▇▇▇ Associates of New York, Inc. $ 171,033 ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ $ 50,000 ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇ $ 90,000 ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ $ 35,000
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Tender Offer Debt has the meaning given to such term in the fourth WHEREAS clause hereof.
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Examples of Tender Offer Debt in a sentence

  • Simultaneously with the completion of the Merger, all Tender Offer Debt shall be refinanced with the proceeds of the Term Loans and all Liens granted in connection therewith shall have been released and terminated.

  • The Extensions of Credit will be used to refinance the Tender Offer Debt, refinance other existing Funded Debt, and to finance working capital and other corporate purposes (including without limitation the payment of fees and expenses related to the purchase of the ASI Shares and the Merger).

Related to Tender Offer Debt

  • Tender Offer means a takeover offer, tender offer, exchange offer, solicitation, proposal or other event by any entity or person that results in such entity or person purchasing, or otherwise obtaining or having the right to obtain, by conversion or other means, greater than 10 per cent. and less than 100 per cent. of the outstanding voting shares of the Share Company, as determined by the Determination Agent, based upon the making of filings with governmental or self-regulatory agencies or such other information as the Determination Agent deems relevant.

  • Tender Offer Date means, in respect of a Tender Offer, the date on which the relevant Reference Assets in the amount of the applicable percentage threshold are actually purchased or otherwise obtained (as determined by the Calculation Agent).

  • Tender Offer Documents means the documents provided to the holders of the Auction Preferred Shares by or on behalf of the Fund in connection with the Tender Offer.

  • Bid /Tender/Offer means the proposal along with required supporting documents submitted by the Bidder/Service Provider for consideration by the Employer.

  • Acquisition Debt means any Indebtedness for Borrowed Money of the Borrower or any of its Subsidiaries that has been issued for the purpose of financing, in whole or in part, a Material Acquisition and any related transactions or series of related transactions (including for the purpose of refinancing or replacing all or a portion of any pre-existing Indebtedness for Borrowed Money of the Borrower, any of its Subsidiaries or the Person(s) or assets to be acquired); provided that (a)(i) the release of the proceeds thereof to the Borrower and its Subsidiaries is contingent upon the consummation of such Material Acquisition and, pending such release, such proceeds are held pursuant to an escrow or similar arrangement and (ii) if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such Material Acquisition is terminated prior to the consummation of such Material Acquisition or if such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness for Borrowed Money, such proceeds shall be promptly applied to satisfy and discharge all obligations of the Borrower and its Subsidiaries in respect of such Indebtedness for Borrowed Money or (b)(i) such Indebtedness for Borrowed Money contains a “special mandatory redemption” provision (or other similar provision) or otherwise permits such Indebtedness for Borrowed Money to be redeemed or prepaid if such Material Acquisition is not consummated by the date specified in the definitive documentation relating to such Indebtedness for Borrowed Money, and (ii) if the definitive agreement (or, in the case of a tender offer or similar transaction, the definitive offer document) for such Material Acquisition is terminated in accordance with its terms prior to the consummation of such Material Acquisition or such Material Acquisition is otherwise not consummated by the date specified in the definitive documentation relating to such Indebtedness for Borrowed Money, such Indebtedness for Borrowed Money is so redeemed or prepaid within ninety (90) days of such termination or such specified date, as the case may be.