Call Protection shall have the meaning set forth in Section 2.7(a).
Call Protection. The New Notes shall not be redeemable by Xxxxx prior to the date that is two years from the issue date of the New Notes (the “New Notes Issue Date”), subject to a customary make-whole redemption feature during such two-year period. On or after the date that is two years from the New Notes Issue Date, Cazoo, at its option, may redeem the New Notes subject to a prepayment premium equal to (i) 4.00% of the outstanding principal amount (including capitalized interest (if any)), if redeemed on or after the date that is two years from the New Notes Issue Date, but prior to the date that is three years from the New Notes Issue Date, and (ii) 2.00% of the outstanding principal amount (including capitalized interest (if any)), if redeemed on or after the date that is three years from the New Notes Issue Date, but prior to the New Notes Maturity Date, plus in each case, accrued and unpaid interest (and, for the avoidance of doubt, any applicable capitalized interest, without duplication). Indenture to include express agreement by Cazoo to pay applicable redemption premiums following acceleration caused by insolvency / bankruptcy event.
Call Protection. All prepayments of Tranche 4 Term Loans effected on or prior to (a) the first anniversary of the Amendment Effective Date shall be accompanied by a prepayment fee equal to 5.00% of the aggregate principal amount of such prepayment, (b) the second anniversary of the Amendment Effective Date shall be accompanied by a prepayment fee equal to 3.00% of the aggregate principal amount of such prepayment and (c) the third anniversary of the Amendment Effective Date shall be accompanied by a prepayment fee equal to 1.00% of the aggregate principal amount of such prepayment. Such fee shall be paid by the Borrower to the Administrative Agent, for the account of the Tranche 4 Term Lenders, on the date of such prepayment. SCHEDULE A SUBSIDIARY GUARANTORS
Examples of Call Protection in a sentence
You can link "Call Protection" settings to the "Do Not Disturb" presence status.
Call ProtectionThe settings for Call Protection are also valid for cell phones connected via Bluetooth with the PBX Call Assist 4 client.
Such Call Protection Period, Call Premiums and Call Premium Periods shall be established in accordance with optional call redemption provisions which, in the judgment of the Remarketing Agent, are generally accepted at the time of determination as the standard features for obligations such as the Bonds, given the length of the Long-Term Interest Rate Period.
Call ProtectionThe settings for Call Protection are also valid for cell phones connected via Bluetooth with the PBX Call Assist 3 client.
Call ProtectionThe settings for Call Protection are also valid for cell phones connected via Bluetooth with the estos ProCall client.
More Definitions of Call Protection
Call Protection. Locked out for Eff. Term Release of Collateral: o Defeasance of 125% of the allocated loan balance o DSCR greater than the initial DSCR and the DSCR immediately preceding the release. Net Cash Flow: $55,811,194 Adjusted as of 10/96 Debt Service Coverage Ratio: 2.03X Appraised Value: $642,530,000 Loan to Value: 50% Loan Per Square Foot: $71.67 Cross-Collateralization/Default: Fully Crossed The Borrower:
Call Protection. All prepayments of Tranche 5 Term Loans effected on or prior to the first anniversary of the Amendment Effective Date with the proceeds of a substantially concurrent incurrence of new loans or other Indebtedness incurred for the primary purpose of repaying, refinancing or replacing the Tranche 5 Term Loans, in whole or in part (such new loans or Indebtedness, “Tranche 5 Refinancing Indebtedness”), and having an initial yield (calculated as (a) the applicable rate of such Tranche 5 Refinancing Indebtedness (increased by the amount that any applicable “LIBOR floor” of such Indebtedness exceeds the Adjusted LIBO Rate for a one-month interest period on the date of incurrence of such Indebtedness) plus (b) an amount equal to (i) the sum of all upfront fees and original issue discount in respect of such Tranche 5 Refinancing Indebtedness, expressed as a percentage of the face amount of such Indebtedness, divided by (ii) the lesser of (A) the actual weighted average life to maturity of such Tranche 5 Refinancing Indebtedness and (B) four) that is less than the yield then applicable to the Tranche 5 Term Loans (calculated in the manner set forth above) shall be accompanied by a prepayment fee equal to 1.00% of the aggregate principal amount of such prepayment. Such fee shall be paid by the Borrower to the Administrative Agent, for the account of the Tranche 5 Term Lenders, on the date of such prepayment. SCHEDULE A SUBSIDIARY GUARANTORS
Call Protection as defined in Section 2.13(c).
Call Protection. All prepayments of Xxxxxxx 0X Xxxx Loans effected on or prior to (a) June 10, 2010 shall be accompanied by a prepayment fee equal to 5.00% of the aggregate
Call Protection shall have the meaning accorded to such term in the ----------------- Note.
Call Protection. Notes not callable in first 4 years; thereafter notes may be called in whole or in part subject to a premium equalling half the coupon in year 5, with the premium reducing rateably thereafter each year until maturity. FINAL DRAFT EXHIBIT A TO PLAN SUPPORT AGREEMENT PRIVATE AND CONFIDENTIAL Senior B Notes -------------- Issuer: PGS Amount: $250m Interest: 8% per annum Call Option: Notes callable in first year at 103, 102 in the second year; and 101% during the third year. On maturity the Notes can be redeemed at 100% Final repayment date: 3 years after Completion Terms common to Senior A Notes and Senior B Notes: Guarantors: Senior A Notes and Senior B Notes to be unsecured. All direct and indirect Material Subsidiaries of PGS (to the extent legally and contractually possible and to the extent reasonable in the context of a cost/benefit analysis of providing any such guarantee) to guarantee the facility. Ordinary Shares: Upon Completion, Holders who have elected for (or have otherwise been allocated) Package B receive ordinary shares equalling 91% of the ordinary share capital of PGS as composed immediately post-Restructuring (subject to adjustment as described in Section D and as provided for in the underwriting agreement to be made between the Equity Investors and the Holders).
Call Protection. Notwithstanding the foregoing, in the event that on or prior to the date that is six (6) months after the First Amendment Effective Date, any Borrower or Subsidiary thereof (i) prepays, refinances, substitutes or replaces all or any portion of the Term Loan in connection with a Repricing Transaction, or (ii) effects any consent, waiver or amendment of this Agreement resulting in a Repricing Transaction, the Borrowers shall jointly and severally pay to the Administrative Agent, for the ratable account of each of the Lenders (including, if applicable, any Non-Consenting Lender), (A) in the case of clause (i), a prepayment premium of 1.00% of the aggregate principal amount of the Term Loan so prepaid, refinanced, substituted or replaced and (B) in the case of clause (ii), a fee equal to 1.00% of the aggregate principal amount of the Term Loan outstanding immediately prior to such consent, waiver or amendment. Such amounts shall be due and payable on the date of effectiveness of such Repricing Transaction.