Applicable Prepayment Date definition

Applicable Prepayment Date means, in connection with any Disposition Prepayment Event, (i) in the case of prepayments of Loans, the second Business Day following the date on which such Disposition Prepayment Event occurs, (ii) in the case of the prepayment or redemption of any Prepayable Indebtedness pursuant to the agreements or instruments governing such Prepayable Indebtedness, the earliest date on or after the Prepayment Period Start Date on which such prepayment or redemption could be consummated pursuant to the agreements or instruments governing such Prepayable Indebtedness (assuming any required notice or deposit of funds with an agent or trustee was given or made on such Prepayment Period Start Date), (iii) in the case of any purchase or acquisition of such Prepayable Indebtedness in open market or privately negotiated purchases or pursuant to a tender offer, the date that is 45 days after the Prepayment Period Start Date and (iv) in the case of any contribution of funds to a Pension Plan, the date occurring 90 days after the date on which such Disposition Prepayment Event occurs. For purposes of this definition, “Prepayment Period Start Date” means (i) if the Net Cash Proceeds of such Disposition Prepayment Event required to be applied pursuant to Section 2.05(b) to prepay, redeem or purchase (and concurrently retire) Prepayable Indebtedness (x) have been deposited in a deposit account of the Borrower maintained with Bank of America and remain in such account until utilized to effect such prepayment, redemption or purchase (including pursuant to a deposit with a trustee or agent in connection with a prepayment or redemption) or (y) applied to the temporary reduction of Permitted Receivables Financings or the repayment of Revolving Loans, in each case not later than the second Business Day following the date on which such Disposition Prepayment Event occurs, the date on which the Borrower’s consolidated financial statements covering the fiscal quarter in which such Disposition Prepayment Event occurs are filed by the Borrower with the SEC pursuant to the periodic reporting requirements of the Exchange Act or (ii) if clause (i) is inapplicable, the second Business Day following the date on which such Disposition Prepayment Event occurs. In addition, it is further understood and agreed that (x) any Net Cash Proceeds of a Disposition Prepayment Event placed in such deposit account maintained with Bank of America pending the application thereof to the prepayment or purchase (an...
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Applicable Prepayment Date is defined in Section 8.2(f).
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Applicable Prepayment Date means, in connection with any Disposition Prepayment Event, (i) in the case of prepayments of Revolving Loans, the second Business Day following the date on which such Disposition Prepayment Event occurs, (ii) in the case of the prepayment or redemption of any Prepayable Indebtedness, the earliest date on or after the second Business Day after the date on which such Disposition Prepayment Event occurs on which such prepayment or redemption could be consummated pursuant to the agreements or instruments governing such Prepayable Indebtedness (assuming any required notice or deposit of funds with an agent or trustee was given or made on such second following Business Day) and (iii) in the case of any contribution of funds to a Pension Plan, the date occurring 90 days after the date on which such Disposition Prepayment Event occurs.
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Examples of Applicable Prepayment Date in a sentence

  • If the Applicable Prepayment Date shall not be specified in such notice, the Applicable Prepayment Date shall be the thirtieth (30th) day after the date of such notice.

  • If the duly called General Shareholders’ Meeting, regardless of its type, cannot be held on first call, nor has the date of the second call been provided for in the notice, the second call must be announced, with the same Agenda and the same publicity requirements as the first call.

  • If so accepted by any holder of a Note, such offered prepayment (equal to not less than such holder’s Ratable Portion of the Net Cash Proceeds in respect of such Debt Prepayment Transfer or of 50% of the Net Cash Proceeds of such Capital Stock Issuance, as the case may be) shall be due and payable on the Applicable Prepayment Date.

  • Subject to clause (ii)(E) below, in the event a Disposition Prepayment Event occurs, the Borrower shall, not later than the Applicable Prepayment Date, prepay the Tranche B Term Loans in an aggregate amount equal to 100% of the Net Cash Proceeds of the related Disposition not applied (or caused to be applied) by the Loan Parties during the related Application Period to make Eligible Reinvestments (such prepayment to be applied as set forth in clauses (iii)(A) and (iii)(C) below).

  • Exchange: Nasdaq Global Select Market Related Exchange(s): All Exchanges Prepayment: Applicable Prepayment Date: One Currency Business Day after the Trade Date.

  • Such offered prepayment shall be made at one hundred percent (100%) of the principal amount of such Notes being so prepaid, together with interest on such principal amount then being prepaid accrued to the Applicable Prepayment Date determined as of the date of such prepayment.


More Definitions of Applicable Prepayment Date

Applicable Prepayment Date is defined in Section 8.2(f). CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO 17 C.F.R. SECTION 200.83
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Applicable Prepayment Date means, in connection with any Disposition Prepayment Event or Involuntary Disposition Prepayment Event, the fifth Business Day following the date on which such Disposition Prepayment Event or Involuntary Disposition Prepayment Event occurs.
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Applicable Prepayment Date in Section 1.01 of the Existing Credit Agreement is hereby amended by replacing each of the references to “Bank of America” therein with “a Lender or an Affiliate of BlackRock, Inc.”.
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Related to Applicable Prepayment Date

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Applicable Prepayment Percentage means, at any time, for purposes of Section 4.02(e) and the definition of “Retained Excess Cash Flow Amount,” 50%; provided that, so long as no Default or Event of Default is then in existence, if the Total Leverage Ratio is less than 3.50:1.00 as at the last day of the most recently ended Fiscal Year of the U.S. Borrower (as set forth in an officer’s certificate delivered pursuant to Section 8.01(d) for the Fiscal Year of the U.S. Borrower then last ended), the Applicable Prepayment Percentage shall instead be 0%.

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

  • Required Prepayment Date as defined in Section 2.15(c).

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

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

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • 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.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Prepayment Price Has the meaning specified in Section 6.02(b) of the Indenture.

  • 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.

  • 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.

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

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).