Debt Interests definition
Examples of Debt Interests in a sentence
Each of the Debt Interests is duly authorized, validly issued and constitutes the legal, valid and binding obligation of the Issuers thereof enforceable against each such Issuer in accordance with their respective terms.
There is no agreement or arrangement restricting the voting or transfer of the Equity Interests or the Debt Interests or any other Investment Property, except as provided in this Agreement.
No Person is subject to any obligation, contingent or otherwise, to repurchase or otherwise acquire or retire any of the Equity Interests or the Debt Interests.
Part II of Schedule 4.11 sets forth a true, correct and complete list and description of all of the Investment Property constituting indebtedness (the "Debt Interests") and the issuers thereof (the "Debt Issuers", and together with the Equity Issuers, the "Issuers").
There are no legal, contractual or other restrictions on the payment of (i) dividends or other distributions on any shares of the capital stock or securities of any Equity Issuer, including, without limitation, the Equity Interests, or (ii) principal or interest on any indebtedness of any Debt Issuer, including, without limitation, the Debt Interests, in each case, except for restrictions imposed by this Agreement and the Credit Agreement.
Section 3.09(b) of the Sellers’ Disclosure Schedules sets forth (i) the tranche or class of such Equity Interests and Debt Interests owned by the Company and (ii) the percentage as of the date hereof of each such tranche or class represented by such Equity Interests and Debt Interests.
For the avoidance of doubt, neither a holder of Debt Interests or Equity Interests in a CLO nor any Person (other than any CLO) to whom a Retained Entity (directly or indirectly) provides investment advisory or related services shall, as such, be a Person described in clause (b) of the immediately preceding sentence.
Upon the purchase by Buyer of the Holdco Shares, the KEUK Shares and the KEC Shares at Closing, Buyer shall obtain, through such entities, all right, title and interest to the Related Party Interests and the Subordinated Debt Interests.
Upon the written direction of Buyer and upon the consent of Seller (which consent will not be unreasonably withheld), Seller shall cause the appropriate controlled Affiliate of Seller, prior to the Closing, to convert any convertible debt included in the Subordinated Debt Interests into shares of capital stock of the issuer thereof.
As used herein, the "Center Plaza Subordinate Debt Interests" shall mean (A) the Center Plaza First Tier Notes, (B) the Center Plaza Beacon Note and (C) either the option to acquire the Center Plaza Second Tier Note pursuant to the Center Plaza Option Agreement (Second Tier Notes) or, if such option is exercised, the Center Plaza Second Tier Note itself.