Bond Refinancing definition

Bond Refinancing means a Refinancing in the form of or represented by the issuance of bonds, notes, debt instruments or debentures (whether in each case guaranteed by a financial guarantor or not) by a Debt Finance Recipient to any Debt Financier in either the domestic or international capital markets. BSPL means Bridge Security Pty Ltd ACN 010 610 572. Business Day means:
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Bond Refinancing means, on or prior to the Effective Date, to the extent consummated, (a) the execution, delivery and performance by each Loan Party of the Senior Debt Documents, if any, to which it is to be a party, (b) the issuance of the Senior Debt and (c) the use of the proceeds thereof to repurchase not less than a majority of the outstanding principal amount of the Subordinated Debt in accordance with the Debt Tender Offer Materials.
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Bond Refinancing means any facility entered into for the purposes of refinancing or replacing (however described) the Bonds that meets the conditions in the NAIF Facility.
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Examples of Bond Refinancing in a sentence

  • The Loan Parties hereby acknowledge and agree that the Agent and the Lender’s agreement to enter into this Amendment shall not be deemed or otherwise construed to constitute an approval or consent by the Agent or the Lender to any of the terms or provisions of any of the agreements or loan documents in connection with the Permitted Bond Refinancing.

  • The Bond Refinancing and the Transactions to be entered into by each Loan Party are within such Loan Party's corporate or other organizational powers and have been duly authorized by all necessary corporate or other organizational action and, if required, equity holder action.

  • Borrower shall deliver to Agent, as soon as possible, but in no event later than 2 Business Days after its receipt, true, correct and complete copies of any term sheet, commitment or approval for the Permitted Bond Refinancing which Permitted Bond Refinancing must be consummated on terms satisfactory in all respects to Agent and each Lender in their sole and absolute discretion.

  • The consummation of the Transactions and the Bond Refinancing will not give rise to any right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which Holdings, the Borrower or any Subsidiary is bound.

  • In addition to the terms and conditions of Section 3.03 of the Credit Agreement, the parties to this Amendment hereby agree that in the event the Permitted Bond Refinancing has not been consummated on or before the Maturity Date, then, Borrower shall immediately pay to Agent, in cash, a fully-earned and non-refundable fee in the amount equal to the Applicable Prepayment Premium, measured as of the Maturity Date.

  • The proceeds of the Tranche B Term Loan will be used only to consummate the Transactions and, if the Borrower consummates the Bond Refinancing, the Bond Refinancing, and to pay fees and expenses payable in connection with the Transactions.

  • The proceeds of the Revolving Loans will be used only (i) to pay fees and expenses payable in connection with the Transactions and, if the Borrower consummates the Bond Refinancing, the Bond Refinancing, on the Effective Date and (ii) for general corporate purposes of the Borrower and the Subsidiary Loan Parties.