Replacement Entity definition

Replacement Entity means an entity which is either:
Replacement Entity has the meaning specified in the definition ofPermitted Reorganization”.
Replacement Entity has the meaning set forth in Section 8.3(f).

Examples of Replacement Entity in a sentence

  • The Calculation Agent shall give notice to the parties of the Replacement Entity so selected as soon as reasonably practicable after making such selection.

  • In respect of each Proposed Replacement, the Replacement Entity shall comply with the Replacement Entity Criteria as of the Replacement Compliance Date in respect of such Replacement.

  • The approval or refusal, as the case may be, of the Portfolio Administrator shall be based solely on whether the Recommended Replacement as of the Replacement Compliance Date complies with the Replacement Procedures and the Replacement Guidelines (save for sub-paragraph 2(ii) of the definition of Replacement Entity Criteria) being applied to the information contained in the Recommended Replacement Notice.

  • Buyer shall determine the Transaction Type of any Successor or Replacement Entity in its sole and absolute discretion taking into account its hedging transactions and market practice at the relevant time.

  • The Replacement Entity must not be an Upfront Quotation Reference Entity.

  • Delta means, in respect of a Replacement and the related Replaced Entity or the related Replacement Entity in respect of a Series of Notes, a notional amount between zero and the Floating Rate Payer Calculation Amount of such Replaced Entity specified by the Structured Credit Desk of Buyer in its sole discretion on the Replacement Compliance Date in connection with such Replacement.

  • At any time after the Issue Date in respect of the Series of Notes, any LPN (as defined in the Swap Agreement) specified as a Reference Obligation in respect of a Replacement Entity in respect of which the Transaction Type "Russian Corporate" applies, must have a rating equal to or better than the applicable Moody's Rating of the related Replacement Entity.

  • Buyer shall determine the Transaction Type of any Successor or Replacement Entity in its sole and absolute discretion.

  • Crossover Rating Reference Entity means a Reference Entity with a Crossover Rating.Delta means, in respect of a Replacement and the related Replaced Entity or the related Replacement Entity, a notional amount between zero and the Floating Rate Payer Calculation Amount of such Replaced Entity specified by the Structured Credit Desk of Buyer in its sole discretion on the Replacement Compliance Date in connection with such Replacement.

  • If a replacement security is issued to a Holder under a Winding Up in a Replacement Entity, in a manner contemplated in this definition, a reference to QTMB in these Terms will be read as a reference to that Replacement Entity.


More Definitions of Replacement Entity

Replacement Entity means an entity which is either:(v) one of the Successors to the Original Reference Entity (including, if applicable, the Original Reference Entity); or(vi) an entity that is incorporated within the same Geographical Area as the Original Reference Entity and which is of a similar or better credit quality than the Original Reference Entity, as measured by Standard & Poor's Ratings Services and/or by Moody's Investors Services Limited, at the date of the relevant Succession Event.(C) In relation to a Sovereign Reference Entity, “Successor ” means any direct or indirect successor(s) to that Reference Entity irrespective of whether such successor(s) assumes any of the obligations of such Reference Entity.
Replacement Entity has the meaning specified in the definition ofPermitted Reorganization.” “Responsible Officer” means, when used with respect to the Trustee, any of- ficer in the corporate trust department of the Trustee including any director, vice president, assistant vice president or any other officer of the Trustee who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, in each case having direct responsibility for the administration of this Indenture, and any other officer to whom any corporate trust matter is referred because of such officer’s knowledge of and familiarity with the particular subject. “Restricted Global Note” means a Global Note that is a Restricted Note. “Restricted Note” has the same meaning as “restricted security” set forth in Rule 144(a)(3) promulgated under the Securities Act; provided that the Trustee shall be enti- tled to request (at the expense of the Issuer) and conclusively rely upon an Opinion of Coun- sel with respect to whether any Note is a Restricted Note. “Restricted Payment” means any of the following: (a) the declaration or payment of any dividend or any other distribution on Equity Interests of Holdings or any payment made to the direct or indirect holders (in their capacities as such) of Equity Interests of Holdings, including, without limitation, any payment in connection with any merger or consolidation involving Holdings but excluding dividends or distributions payable solely in Qualified Equity Interests of Holdings or through accretion or accumulation of such dividends on such Equity In- terests; (b) the redemption of any Equity Interests of Holdings, including, without limitation, any payment in connection with any merger or consolidation involving Holdings; or (c) any Investment in an Unrestricted Subsidiary. “Restricted Payments Basket” has the meaning set forth in clause (c) of the first paragraph of Section 4.10.
Replacement Entity has the meaning ascribed to it in section 124-780 of the ITAA 1997.
Replacement Entity has the meaning specified in the definition ofPermitted Reorganization”. “Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (C) with respect to a Swing Line Loan, a Swing Line Loan Notice. “Required Lenders” means, at any time, Lenders having Total Credit Exposures representing more than 50% of the Total Credit Exposures of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time; provided that, the amount of any participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination. “Responsible Officer” means the chief executive officer, president, chief financial officer, treasurer, assistant treasurer or controller of a Loan Party and solely for purposes of the delivery of incumbency certificates pursuant to Section 4.01, the secretary or any assistant secretary of a Loan Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. “Restricted Payment” means any of the following: (a) the declaration or payment of any dividend or any other distribution on Equity Interests of Holdings or any payment made to the direct or indirect holders (in their capacities as such) of Equity Interests of Holdings, including, without limitation, any payment in connection with any merger or consolidation involving Holdings but excluding dividends or distributions payable solely in Qualified Equity Interests of Holdings or through accretion or accumulation of such dividends on such Equity Interests; (b) the redemption of any Equity Interests of Holdings, including, without limitation, any payment in connection with any merger or consolidation involving Holdings; or (c) any Investment in an Unrestricted Subsidiary. 39 Xxxxx Xxxxxx Amended and Restated Credit and Guaranty Agreement NYDOCS03/1067767.15

Related to Replacement Entity

  • Investment Entity means any Entity that conducts as a business (or is managed by an entity that conducts as a business) one or more of the following activities or operations for or on behalf of a customer:

  • Replacement Engine means a [Engine Manufacturer and Model] engine (or an engine of the same or another manufacturer of a comparable or an improved model and suitable for installation and use on the Airframe with the other Engine (or any other Replacement Engine being substituted simultaneously therewith)) that shall have been made subject to the Lien of the Indenture pursuant to Section 7.04 or Section 7.05 thereof, together with all Parts relating to such engine, but excluding items installed or incorporated in or attached to any such engine from time to time that are excluded from the definition of Parts.

  • Replacement Facility means 1 of the following:

  • Replacement Agent means the Fiscal Agent or, in respect of any Tranche of Notes, the Paying Agent named as such in the relevant Final Terms or Drawdown Prospectus (as the case may be);

  • Replacement unit means a landfill, surface impoundment, or waste pile unit (1) from which all or substantially all of the waste is removed, and (2) that is subsequently reused to treat, store, or dispose of hazardous waste. “Replacement unit” does not apply to a unit from which waste is removed during closure, if the subsequent reuse solely involves the disposal of waste from that unit and other closing units or corrective action areas at the facility, in accordance with an approved closure plan or EPA or State approved corrective action.

  • Redevelopment entity means a municipality or an entity

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Owner or operator means any person who owns, leases, operates, controls, or supervises a stationary source.

  • Qualified Manager means in the reasonable judgment of Lender, a reputable and experienced management organization (which may be an Affiliate of Borrower) possessing experience in managing properties similar in size, scope, use and value as the Property, provided, that Borrower shall have obtained (i) prior written confirmation from the applicable Rating Agencies that management of the Property by such Person will not cause a downgrade, withdrawal or qualification of the then current ratings of the Securities or any class thereof and (ii) if such Person is an Affiliate of Borrower, an Additional Insolvency Opinion.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • replacement grant means an option that a reasonable person would consider to be granted in relation to a prior or potential cancellation of an option;