Discretionary Sale. The meaning specified in Section 2.14(c).
Discretionary Sale is defined in Section 2.16.
Discretionary Sale. Defined in Section 2.20(a).
Examples of Discretionary Sale in a sentence
Except as otherwise permitted herein and in respect of any Discretionary Sale, Substitution, Optional Sale, or other sale permitted hereunder or required under the Sale Agreement, the Borrower will not sell, pledge, assign or transfer to any other Person, or grant, create, incur, assume or suffer to exist any Lien (other than Permitted Liens) on any Collateral, whether now existing or hereafter transferred hereunder, or any interest therein.
More Definitions of Discretionary Sale
Discretionary Sale is defined in Section 11.1(a).
Discretionary Sale has the meaning assigned to that term in Section 2.07(a). "Diversity Score" means, as of any day, a single number that indicates collateral concentration in terms of both issuer and industry concentration, calculated as set forth in Schedule VI hereto, as such Schedule VI may be updated at the option of the Administrative Agent, with the consent of the Borrower, to reflect any revisions to criteria published by the Global Industry Classification Standard.
Discretionary Sale. Any sale of any Inventoried Spare(s) by Grid Assurance other than a sale that is: (a) made to a Transmission Group Member; (b) due to damage or destruction caused by a Qualifying Event affecting the electric transmission system of that Transmission Group Member; (c) from an Equipment Class in which such Transmission Group Member is participating; and (d) in a quantity, for each such Equipment Class, no greater than the Nominated Quantity of such Transmission Group Member in that Equipment Class.
Discretionary Sale is defined in Section 2.14. “Discretionary Sale Notice” is defined in Section 2.14. “Discretionary Sale Settlement Date” means the Business Day specified by the Borrower to the Administrative Agent in a Discretionary Sale Notice as the proposed settlement date of a Discretionary Sale. “Discretionary Sale Trade Date” means the Business Day specified by the Borrower to the Administrative Agent in a Discretionary Sale Notice as the proposed trade date of a Discretionary Sale. “Disruption Event” means, with respect to any Advance as to which Interest accrues or is to accrue at a rate based upon the Adjusted Term SOFR Rate, any of the following: (a) on any date for determining the interest rate applicable to any Term SOFR Loan for any Interest Period that, by reason of any changes arising after the Effective Date, adequate and fair means do not exist for ascertaining the applicable interest rate on the basis provided for in this Agreement for such Term SOFR Loan; or (b) a determination by a Lender at any time that the making or continuance of any Term SOFR Loan has become unlawful by compliance by such Lender in good faith with any Regulatory Change since the Effective Date, or has become impracticable as a result of a contingency occurring after the Effective Date that materially adversely affects the availability of Term SOFR. “Distribution” is defined in Section 5.1(j). “Document Custodian” means U.S. Bank National Association, in its capacity as Document Custodian under the Custody Agreement, together with its successors and assigns. “Document Custody Agreement” means the Document Custody Agreement dated as of May 31, 2019 among the Borrower, the Administrative Agent and U.S. Bank National Association, as Document Custodian, as the same may from time to time be amended, restated, supplemented, waived or modified “Documentation Agent” is defined in the preamble hereto. “Dollar” means the United States dollar. “Early Opt-in Election” means the occurrence of:
Discretionary Sale. Defined in Section 7.4(a).
Discretionary Sale means one or more sales by the Borrower of the Discretionary Shares to an unaffiliated third party.
Discretionary Sale has the meaning specified therefor in Section 2.19(g) of this Agreement.