Collateral Asset Sale Offer definition

Collateral Asset Sale Offer has the meaning set forth under Section 4.10(h) hereof.

Collateral Asset Sale Offer has the meaning set forth in Section 4.10.

Collateral Asset Sale Offer has the meaning set forth in Section 2.05(b)(i)(B)(1).

Examples of Collateral Asset Sale Offer in a sentence

• The Notes shall be subject to repurchase by the Issuer pursuant to an Asset Sale Offer or a Collateral Asset Sale Offer as provided in Section 4.10 hereof or a Change of Control Offer as provided in Section 4.14 hereof.

• Such funds shall also be released to repurchase Notes and to make related payments in connection with a Collateral Asset Sale Offer pursuant to Section 4.10(h) hereof and/or upon consummation of any Collateral Asset Sale Offer, whether or not any Collateral Excess Proceeds remain.

• The Notes shall be subject to repurchase by the Issuer pursuant an Asset Sale Offer or Collateral Asset Sale Offer as provided in Section 4.08 hereof or a Change of Control Offer as provided in Section 4.07 hereof.

• Additionally, the Issuer (and, if applicable, EFH Corp.) may, at its option, make a Collateral Asset Sale Offer using proceeds from any Asset Sale of Collateral or other Oncor-related Assets at any time after consummation of such Asset Sale; provided that such Collateral Asset Sale Offer shall be in an aggregate amount of not less than $25.0 million.

• For the avoidance of doubt, “final application” of Net Proceeds that represent proceeds from the sale of Collateral or other Oncor-related Assets includes, without limitation, the consummation of a Collateral Asset Sale Offer.

More Definitions of Collateral Asset Sale Offer

Collateral Asset Sale Offer in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Net Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C Obligations in the manner set forth in Section 2.04(b) in such amounts as shall excuse such Loan Party from making any such “Asset Sale Offer” or “Collateral Asset Sale Offer”, as applicable.

Collateral Asset Sale Offer. (as each such term is defined in the Indenture Documentation, or any other terms used in the Indenture Documentation having the same or similar meaning) in connection with such “Asset Sale”, and such Loan Party shall have failed to so commit or to so apply an amount equal to such “Net Proceeds” at least 60 days before the applicable Commitment Date or Application Date, as the case may be, or (ii) if such Loan Party at any other time shall have failed to apply or commit or cause to be applied an amount equal to any such “Net Proceeds”, and, within 60 days thereafter assuming no further application or commitment of an amount equal to such “Net Proceeds” such Loan Party would otherwise be required to make an “Asset Sale Offer” or “Collateral Asset Sale Offer” in respect thereof, then in either such case the Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Net Proceeds” to be applied to the payment of the Loans in the manner set forth in Section 2.04(b) in such amounts as shall excuse such Loan Party from making any such “Asset Sale Offer” or “Collateral Asset Sale Offer”, as applicable.

Collateral Asset Sale Offer. 4.10(c) “Covenant Defeasance” 8.03 “Declined Collateral Proceeds” 4.10(d) “Declined Proceeds” 4.10(f) “Designation” 4.19 “DTC” 2.03 “Equal Payment Priority Indebtedness” 4.10(b) “Event of Default” 6.01 “Excess Proceeds” 4.10 First Commitment Application Period 4.10(b) “Fixed Amounts” 1.04(b) “Incurrence-Based Amounts” 1.04(b) “Investment Grade Status” 4.20(a) “Junior Lien Intercreditor Agreement” 9.01 “LCT Test Date” 1.04(a) “Legal Defeasance” 8.02 “Paying Agent” 2.03 “Permitted Debt” 4.09 “Purchase Date” 3.09 “Registrar” 2.03 “Related Person” 12.08(b) “Restricted Payments” 4.07 “Reversion Date” 4.20(b) “Revocation” 4.19(c) “Second Commitment” 4.10(b) “Subject Lien” 4.12 “Successor Guarantor” 10.04(a) “Suspended Covenants” 4.20(a) “Tax Group” 4.07(b) “Tax Jurisdiction” 4.21 “Tax Redemption Date” 3.10

Collateral Asset Sale Offer. 4.06(b) “Collateral Excess Proceeds” 4.06(b) -48- “covenant defeasance option” 8.01 “Covenant Suspension Event” 4.13(a) “Custodian” 6.01

Collateral Asset Sale Offer. ‎Section 4.7(d) “Collateral Retained Declined Proceeds” ‎Section 4.7(i) “covenant defeasance option” ‎Section 8.1(b) “Covenant Suspension Event” ‎Section 4.20(a) “Defaulted Interest” ‎Section 2.11 “EXXXX” ‎ Section 4.2(c) “Excess Proceeds” ‎Section 4.7(c) “Financial Reports” ‎Section 4.2 “Foreign Guarantors” ‎Section 12.7(c) “IFRS” ‎Section 1.1 “incur” ‎ Section 4.3(a) “Initial Notes” Preamble “Judgment Currency” ‎ Section 12.7(a) “legal defeasance option” ‎Section 8.1(b) “Legal Holiday” ‎Section 12.6 “Obligations” ‎Section 10.1 “Paying Agent” ‎Section 2.3 “Payment Default” ‎Section 6.1(4) “Payor” ‎ Section 4.21(a) “Permitted Debt” ‎Section 4.3(b) “Registrar” ‎Section 2.3 “Reinstatement Date” ‎Section 4.20(c) “Related Person” ‎Section 11.8(b) “Relevant Taxing Jurisdiction” ‎Section 4.21(a) “Restricted Payment” ‎Section 4.4(a)(4) “Retained Declined Proceeds” ‎Section 4.7(g) “Second Commitment” ‎Section 4.7(b) “SEDAR” ‎Section 4.2(c) “Suspended Covenants” ‎Section 4.20(a) “Suspension Period” ‎Section 4.20(a) “Tax Group” ‎ Section 4.4(c)(18)(H)

Collateral Asset Sale Offer. 4.10(g) “Collateral Excess Proceeds” 4.10(g) “Change of Control Offer” 4.14(a) “Change of Control Payment” 4.14(a) “Change of Control Payment Date” 4.14(a)(2)

Collateral Asset Sale Offer as defined in Section 6.5(c).