AS Stock definition

AS Stock has the meaning provided in Section 6(b)(1).
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AS Stock means Capital Stock of AlliedSignal Inc., a Delaware corporation, which is common stock, owned by a Borrower, and subject to a Lien in favor of the Administrative Agent for the benefit of the Holders, junior to no other Liens or escrow agreement prior to the initial advance under the Margin Loan and execution and delivery of the Margin Loan Intercreditor Agreement and, after the initial advance under the Margin Loan, junior only to Liens permitted under Section 10.03(h).
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AS Stock. Borrowing Base", "Borrowing Base Certificate", "Borrowers", "EBITDA", "Fixed Charge Coverage Ratio", "Interest Coverage Ratio", and "Leverage Ratio" in their entirety and substitute the following therefor:
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Examples of AS Stock in a sentence

  • To the extent that the excess of (x) the sum of the Essef Stock Option Tax Benefit plus the Surplus over (y) the sum of the A&S Stock Tax plus the Parachute Cost plus the Shortfall (which excess is referred to as the "Net Tax Benefit") is less than $4.2 million, A&S will pay to Essef the amount by which $4.2 million exceeds the Net Tax Benefit.

  • AS Subsidiary shall engage solely in (a) the business of holding AS Stock, (b) such other activities as are incidental thereto and to its being a party to this Agreement, including, without limitation, entering into Contractual Obligations with respect to Hedge Agreements permitted under the terms of this Agreement, and (c) activities attendant to incurring Indebtedness with respect to the Margin Loan and the grant of Liens in connection therewith as permitted by Section 10.03(h).

  • The Lenders hereby consent to (i) the release of the Lien in favor of the Administrative Agent for the benefit of the Holders against 44,964 shares of AS Stock (the "Bonus Stock") and direct the Administrative Agent to deliver share certificates representing the Bonus Stock to AS Subsidiary upon its written request therefor stating that the Bonus Stock will be transferred to officers and employees of Banner in payment of deferred bonuses payable to them under the Banner Aerospace, Inc.

  • Aleris Aluminum Norway AS Stock Company Norway Aleris Recycling Holding B.V. 100.00 % 35.

  • Alumox AS Stock Company Norway Aleris Holding Norway AS 100.00% 64.

  • The amount of the Banner Stock Availability shall fail, at any time while both (i) any subordinated unsecured loans to Fair▇▇▇▇▇ ▇▇▇mitted pursuant to Section 10.04(i) are outstanding and (ii) 100% of the Capital Stock of Banner is not owned by Fair▇▇▇▇▇ ▇▇▇/or RHI, to equal or exceed the sum of (I) the amount equal to the Market Value of the AS Stock minus the outstanding balance of the Margin Loan and accrued and unpaid interest thereon, plus (II) Cash Collateral.

  • Reox AS Stock Company Norway Aleris Holding Norway AS 100.00% 77.