VNR Finance definition

VNR Finance has the meaning assigned to such term in Section 5.1(a).
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VNR Finance means VNR Finance Corp.
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VNR Finance means VNR Finance Corp., a Delaware corporation and a Wholly-Owned Subsidiary.
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Examples of VNR Finance in a sentence

  • DESCRIPTION OF OUR DEBT SECURITIES GeneralThe debt securities will be:• our direct general obligations, either secured or unsecured;• either senior debt securities or subordinated debt securities; and• issued under separate indentures among us, any subsidiary guarantors and a trustee.Vanguard Natural Resources, LLC may issue debt securities in one or more series, and VNR Finance Corp.

  • When used in this section ‘‘Description of Debt Securities,’’ the terms ‘‘we,’’ ‘‘us,’’ ‘‘our’’ and ‘‘issuers’’ refer jointly to Vanguard Natural Resources, LLC and VNR Finance Corp., and the terms ‘‘Vanguard’’ and ‘‘VNR Finance’’ refer strictly to Vanguard Natural Resources, LLC and VNR Finance Corp., respectively.If we offer senior debt securities, we will issue them under a senior indenture.

  • Tax Issues The Plan and the corporate form of reorganized VNR and reorganized VNR Finance Corp.

  • Its activities are limited to co-issuing our debt securities and engaging in other activities incidental thereto.When used in this section “Description of Debt Securities,” the terms “we,” “us,” “our” and “issuers” refer jointly to Vanguard Natural Resources, LLC and VNR Finance Corp., and the terms “Vanguard” and “VNR Finance” refer strictly to Vanguard Natural Resources, LLC and VNR Finance Corp., respectively.If we offer senior debt securities, we will issue them under a senior indenture.

  • The term “Second Lien Noteholders” shall mean the ad hoc committee of certain holders of 7.0% Senior Secured Second Liens Notes due 2023 issued under the indenture dated February 10, 2016, by and among Vanguard Natural Resources, LLC, VNR Finance Corp., and U.S. Bank National Association, as trustee.

  • This request must be made in writing, and must be accompanied by the administrative hearing fee set by Council.

  • The term “Senior Noteholders” shall mean the ad hoc committee of certain holders of senior notes issued by Vanguard Natural Resources, LLC or one or more of its subsidiaries who hold, control or otherwise have discretionary authority over the disposition of certain unsecured indebtedness arising under or in connection with: (1) certain 7.875% unsecured senior notes (the “ 2020 Senior Notes”) issued by VNR Finance Corp.

  • Upon exercise of the GUC Rights by the GUC Rights Offering Participants pursuant to the terms of the GUC Rights Offering Procedures, Reorganized VNR Finance shall be authorized to issue the New Common Stock issuable pursuant to such exercise in accordance in accordance with Article IV.C.6.

  • Vanguard Natural Resources, LLC may issue debt securities in one or more series, and VNR Finance Corp.

  • Reorganized VNR Finance shall be authorized to issue the New Common Stock to certain Holders of Claims or Equity Interests pursuant to Article III.B. Reorganized VNR Finance shall issue all securities, instruments, certificates, and other documents required to be issued by it with respect to all such shares of New Common Stock.


More Definitions of VNR Finance

VNR Finance set forth in Section 1.02 of the Original Credit Agreement is hereby deleted from the Original Credit Agreement.
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Related to VNR Finance

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Special Purpose Securitization Subsidiary means (i) a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by the Borrower in good faith) intended to reduce the likelihood that it would be substantively consolidated with Holdings (prior to a Qualified IPO), the Borrower or any of the Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event Holdings (prior to a Qualified IPO), the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary.

  • Junior Financing has the meaning set forth in Section 7.13(a).

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Finance means the Division of Finance.

  • Securitization Financing means any transaction or series of transactions that may be entered into by the Borrower or any of its Subsidiaries pursuant to which the Borrower or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Borrower or any of its Subsidiaries) or (b) any other Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets of the Borrower or any of its Subsidiaries, and any assets related thereto, including all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • Securitization Subsidiary means any Subsidiary formed for the purpose of, and that solely engages only in one or more Qualified Securitization Facilities and other activities reasonably related thereto.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Qualified Securitization Financing means any Securitization Financing of a Securitization Subsidiary that meets the following conditions: (a) the Board of Directors shall have determined in good faith that such Qualified Securitization Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate economically fair and reasonable to the Issuer and the Securitization Subsidiary, (b) all sales of Securitization Assets and related assets to the Securitization Subsidiary are made at fair market value (as determined in good faith by the Issuer) and (c) the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined in good faith by the Issuer) and may include Standard Securitization Undertakings. The grant of a security interest in any Securitization Assets of the Issuer or any of its Subsidiaries (other than a Securitization Subsidiary) to secure Indebtedness under the Credit Agreement and any Refinancing Indebtedness with respect thereto shall not be deemed a Qualified Securitization Financing.

  • Special Purpose Financing means any financing or refinancing of assets consisting of or including Receivables of the Company or any Restricted Subsidiary that have been transferred to a Special Purpose Entity or made subject to a Lien in a Financing Disposition.

  • Subsidiary Financing Agreement means any agreement to be entered into between the Borrower and a Participating Bank pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time;

  • Other Financing shall have the meaning assigned to such term in Section 5.6(ii) hereof.

  • Public-finance transaction means a secured transaction in connection with which:

  • Refunding Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.

  • Series Company refers to the form of registered open-end investment company described in Section 18(f)(2) of the 1940 Act or in any successor statutory provision;

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Project Finance Entity means: (a) a holder, trustee or agent for holders, of any component of Project Financing; or (b) any purchaser of capacity and/or energy produced by the Customer Facility to which Interconnection Customer has granted a mortgage or other lien as security for some or all of Interconnection Customer’s obligations under the corresponding power purchase agreement. Provisional Interconnection Service:

  • Senior Finance Documents means the Senior Facilities Agreement and such other documents identified as “Senior Finance Documents” pursuant to the Senior Facilities Agreement.

  • Project Finance Debt means Debt of any Subsidiary of the Borrower (i) that is (A) not recourse to the Borrower other than with respect to Liens granted by the Borrower on direct or indirect equity interests in such Subsidiary to secure such Debt and limited Guaranties of, or equity commitments with respect to, such Debt by the Borrower, which Liens, limited Guaranties and equity commitments are of a type consistent with other limited recourse project financings, and other than customary contractual carve-outs to the non-recourse nature of such Debt consistent with other limited recourse project financings, and (B) incurred in connection with the acquisition, development, construction or improvement of any project, single purpose or other fixed assets of such Subsidiary, including Debt assumed in connection with the acquisition of such assets, or (ii) that represents an extension, renewal, replacement or refinancing of the foregoing, provided that, in the case of a replacement or refinancing, the principal amount of such new Debt shall not exceed the principal amount of the Debt being replaced or refinanced plus 10% of such principal amount.

  • Finance Corp. means the Person named as “Finance Corp.” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable terms of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person.

  • Special Purpose Receivables Subsidiary means a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with the Borrower or any of the Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law).

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.