Debt Exchange definition

Debt Exchange has the meaning set forth in Section 2.01(c).

Debt Exchange shall have the meaning set forth in the Merger Agreement.

Debt Exchange has the meaning set forth in the Recitals to this Agreement.

Examples of Debt Exchange in a sentence

• If each of the Debt Exchanges is treated as a taxable exchange, each U.S. holder of a Debt Claim should recognize gain or loss equal to the difference between (x) the amount realized on a Debt Exchange and(y) such U.S. holder’s adjusted basis in such Debt Claim with respect to such Debt Exchange.

• A U.S. holder’s initial tax basis in the Reorganized SMI Topco Interests received in a Debt Exchange treated as a taxable exchange generally will be equal to the fair market value of such Reorganized SMI Topco Interests.

• Entergy shall use its reasonable best efforts to cause the TransCo Subs to arrange and obtain a one (1) year term funded bridge facility (the “TransCo Subs Financing” and, together with the Entergy Exchangeable Debt, the TransCo Securities Issuance, the Working Capital Facility and the Debt Exchange, the “Financings”).

More Definitions of Debt Exchange

Debt Exchange means the exchange for its outstanding debt securities or other transfer to its creditors of the 2016 Notes by Alltel.

Debt Exchange has the meaning set forth in the Distribution Agreement.

Debt Exchange means the exchange by the Company of SpinCo Exchange Debt in an aggregate principal amount equal to the Above Basis Amount for outstanding Company Exchange Debt.

Debt Exchange means the exchange expected to be effected by MWV pursuant to which MWV will exchange the Spinco debt instruments received in the Special Distribution for debt obligations of MWV.

Debt Exchange means the exchange of approximately $20,124,000.00 aggregate principal amount of subordinated promissory notes issued by Matrix, Matrix Operator and the Matrix LPs by the holders thereof for shares of the Parent’s Series B Preferred Stock pursuant to terms of certain definitive exchange agreements providing for execution of such exchange concurrently with consummation of the Mergers.

Debt Exchange has the meaning set forth in the Recitals.

Debt Exchange has the meaning given to such term in the Separation Agreement.