Base QPI definition

Base QPI means up to $250,000,000 of outstanding principal amount of Qualifying Parent Indebtedness, which shall be the initial $250,000,000 of Qualifying Parent Indebtedness issued (and shall include that portion of any particular issuance that, when taken together with any Base QPI already outstanding, would not cause Base QPI to exceed $250,000,000). In the event any Base QPI is permanently repaid, the Parent may, by written notice to the Agent, specifically designate other issues (or specified portions thereof) of Qualifying Parent Indebtedness as Base QPI in such amounts as will not result in Base QPI exceeding $250,000,000. Any Qualifying Parent Indebtedness deemed to be Base QPI or designated as Base QPI pursuant to the foregoing will continue to constitute Base QPI so long as such Qualifying Parent Indebtedness is outstanding.
View Source
Base QPI means up to $750,000,000 of aggregate principal amount of Qualifying Parent Indebtedness at any time outstanding.
View Source

Related to Base QPI

  • Non-Monitoring RTO means the Party that does not have operational control of a M2M Flowgate.

  • Monitoring RTO means the Party that has operational control of a M2M Flowgate.

  • Cost-effectiveness means the ability of a particular product or service to efficiently provide goods or services to the State. In determining the cost effectiveness of a particular product or service, the appropriate chief procurement officer shall list the relevant factors in the bid notice or solicitation and use only those listed relevant factors in determining the award.

  • Incremental Effective Date has the meaning specified in Section 2.15(c).

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.