Common use of Replacement Assets Clause in Contracts

Replacement Assets. For the purposes of this provision, any securities, notes or other obligations received by the Issuer or any of its Restricted Subsidiaries from the transferee that are converted by the Issuer or any of its Restricted Subsidiaries into cash or Temporary Cash Investments within 180 days of their receipt by the Issuer or any of its Restricted Subsidiaries shall be deemed to be cash, but only to the extent of the cash or Temporary Cash Investments received.

Appears in 2 contracts

Sources: Indenture (Verasun Energy Corp), Indenture (Aventine Renewable Energy Holdings Inc)