Committed Debt Financing definition
Committed Debt Financing means the debt financing to be incurred pursuant to the Debt Commitment Letter.
Committed Debt Financing has the meaning set forth in Section 5.8(a).
Committed Debt Financing has the meaning set forth in Section 3.2(g) below.
Examples of Committed Debt Financing in a sentence
B▇▇▇▇ has delivered to the Company true, complete and fully executed copies of the Subscription Agreements, dated as of the date hereof, pursuant to which the Equity Investors thereto have agreed, subject to the terms and conditions therein, to invest the amounts set forth therein as described therein (the “Committed Equity Financing” and, together with the Committed Debt Financing, the “Committed Financing”).
More Definitions of Committed Debt Financing
Committed Debt Financing has the meaning assigned to such term in Section 3.12(a) of the Agreement.
Committed Debt Financing shall include the financing contemplated by the New Commitment Letter(s) and related fee letters. If any Equity Financing Failure Event occurs, Buyer shall promptly notify the Company and, to the extent applicable, in consultation with the Company, use commercially reasonable efforts to arrange for alternative equity financing (“Equity Replacement Financing”) in an amount that when added with the Committed Debt Financing and any cash, marketable securities, available lines of credit or other sources of immediately available funds of Buyer would be sufficient to pay the Required Amounts and which satisfies the Syndication Conditions (as defined in the Subscription Agreements). Buyer shall deliver to the Company true, correct and complete copies of all contracts or other arrangements pursuant to which any alternative source shall have committed to provide any portion of the Equity Replacement Financing. For the avoidance of doubt, the foregoing shall not release any Equity Investor or Guarantor of its obligations under the Subscription Agreements or the ▇▇▇▇▇▇▇ Guarantee, as applicable.