Waivable Repayment definition

Waivable Repayment shall have the meaning provided in Section 4.02(k).
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Waivable Repayment means a Waivable Mandatory Repayment and a Waivable Voluntary Repayment.
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Waivable Repayment has the meaning specified in Section 2.4(b)(ix).
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Examples of Waivable Repayment in a sentence

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

  • Any offer by the Borrower to permit such Lenders to waive any such Waivable 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 Lenders on the basis of their outstanding Term Loans of the selected Tranche or Tranches; provided, further, that no Lender may waive any mandatory repayment if the effect of such Waiver would be to reduce the Total Revolving Loan Commitment to less than $100,000,000.

  • In the event that any such Lender waives all or part of such right to receive any such Waivable Repayment, the amount so waived will be retained by the Borrower.

  • In the event that any such Lender waives all or part of such right to receive any such Waivable Repayment, the amount so waived shall be applied to the reduction of the Total Revolving Loan Commitment.

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  • Any offer by the Borrower to permit such Lenders to waive any such Waivable 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 Lenders on the basis of their outstanding Term Loans of the selected Tranche or Tranches.

  • In the event that any such Lender desires to waive its pro rata share of such Lender's right to receive any such Waivable Repayment in whole or in part, such Lender shall so advise the Administrative Agent no later than 4:00 P.M. (New York time) on the date which is two Business Days after the date of such notice from the Administrative Agent, which notice shall also include the amounts that Lender desires to receive in respect of such repayment.

  • The U.S. Borrower's offer to permit the Lenders holding Longer Maturity Term Loans or Tranche C Term Loans, as the case may be, to waive any such Waivable 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 the Lenders holding Longer Maturity Term Loans or Tranche C Term Loans, as the case may be, on the basis of their outstanding such Loans.

  • In the event any such Lender with a Term Loan desires to waive such Lender’s right to receive its share any such Waivable Repayment, in whole or in part, such Lender shall so advise the Administrative Agent no later than 5:00 P.M. (New York time) five (5) Business Days after the date of such notice from the Administrative Agent which notice shall also include the amount the Lender desires to receive.

  • In the event that any such Lender waives all or part of such right to receive any such Waivable Repayment, the amount (the “Declined Proceeds”) so waived shall be retained by the Borrower.


More Definitions of Waivable Repayment

Waivable Repayment. Waivable Mandatory Repayment" and "Waivable Voluntary Prepayment" set forth in Section 11 of the Credit Agreement are hereby deleted in their entirety and substituted in lieu thereof is the following:
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Related to Waivable Repayment

  • Waivable Mandatory Prepayment shall have the meaning assigned to such term in Section 2.11(e).

  • Loan repayment means the cancellation and repayment of loans

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Agent Advance shall have the meaning provided in Section 2.01(e).

  • Mandatory Prepayment Event means any of the following:

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Mandatory Prepayment shall have the meaning set forth in Section 2.1(c).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Mandatory Prepayments has the meaning given to such term in Section 1.2(b).

  • Prepayment Date has the meaning specified in Section 2.05(c).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).