Waivable Mandatory Repayment definition

Waivable Mandatory Repayment shall have the meaning provided in Section 5.2(g).

Waivable Mandatory Repayment shall have the meaning provided in Section 3.02(C).

Waivable Mandatory Repayment shall have the meaning provided in Section 4.02(j).

Examples of Waivable Mandatory Repayment in a sentence

• In the event that any such Bank waives all or part of such right to receive any such Waivable Mandatory Repayment, the Administrative Agent shall apply 100% of the amount so waived by such Bank to the A Term Loans in accordance with Section 4.02(B).

• In the event any such B Bank desires to waive such Bank's right to receive any such Waivable Mandatory Repayment in whole or in part, such Bank shall so advise the Agent no later than the close of business two Business Days after the date of such notice from the Agent, which notice shall also include the amount such Bank desires to receive in respect of such repayment.

• The Borrower's offer to permit such Banks to waive any such Waivable Mandatory Repayment may apply to all or part of such repayment, provided that any offer to waive part of such repayment must be made ratably to such Banks on the basis of their outstanding B Term Loans.

• Notwithstanding anything to the contrary contained in this Section 3.02 or elsewhere in this Agreement (including, without limitation, in Section 12.12), the Borrower shall have the option, in its sole discretion, to give the Banks with outstanding B Term Loans (the "B Banks") the option to waive a mandatory repayment of such Loans pursuant to Section 3.02(A) (each such repayment, a "Waivable Mandatory Repayment") upon the terms and provisions set forth in this Section 3.02(C).

• If the Borrower elects to exercise the option referred to in the preceding sentence, the Borrower shall give to the Agent written notice of its intention to give the B Banks the right to waive a Waivable Mandatory Repayment at least five Business Days prior to the applicable Scheduled B Term Repayment Date, which notice the Agent shall promptly forward to all B Banks (indicating in such notice the amount of such repayment to be applied to each such Bank's outstanding B Term Loans).

More Definitions of Waivable Mandatory Repayment

Waivable Mandatory Repayment has the meaning ascribed to that term in paragraph (c) (Waivable Mandatory Repayment) of Clause 13.3 (Application of Mandatory Prepayments).

Waivable Mandatory Repayment has the meaning specified in Section 2.07(j).

Waivable Mandatory Repayment shall have the meaning provided in Section 5.2(i).

Waivable Mandatory Repayment is defined in Section 3.1(i).

Waivable Mandatory Repayment has the meaning provided in Section 2.11(A)(1). "Welsh, Carson, Xxxxxxxx & Xxxxx Partnerships" means each Welsh, Carson, Xxxxxxxx & Xxxxx limited partnership, as constituted on the Restatement Effective Date, as may be constituted in the future and any partner, partnership or affiliate of any of them.

Waivable Mandatory Repayment upon the terms and provisions set forth in this Section 5.02(i). Notwithstanding anything to the contrary contained above, if one or more Term Loan Lenders waives its right to receive all or any part of any Waivable Mandatory Repayment, but fewer than all the Term Loan Lenders waive in full their right to receive 100% of the total repayment otherwise required with respect to the Term Loans, then of the amount actually applied to the repayment of Term Loans of the Term Loan Lenders that have waived all or any of part their right to receive 100% of such repayment, such amount shall be applied to each then outstanding Borrowing of Term Loans on a pro rata basis (so that each Term Loan Lender shall, after giving effect to the application of the respective repayment, maintain the same percentage (as determined for such Term Loan Lender, but not the same percentage as the other Term Loan Lenders hold and not the same percentage held by such Term Loan Lender prior to repayment) of each Borrowing of Term Loans which remains outstanding after giving effect to such application).

Waivable Mandatory Repayment has the meaning assigned to that term in subsection 2.4B(iv)(d).