Debt Share definition

Debt Share means, with respect to any party hereto, that percentage calculated by dividing (i) the proceeds of any issue of the Bonds to be used for the Projects of such party by
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Examples of Debt Share in a sentence

  • The contribution by PNRC of a Non Taxable Fraction undivided interest in the No. 2 Assets (the "PNRC Contributed Assets") to Buyer in exchange for (1) the assumption by Buyer of debt in an amount equal to the product of (x) the PNRC Debt Share and (y) the aggregate stated principal amount of the PNRC Notes and (2) the Units.

  • Such transfer is divided into two transactions that are as follows: A sale by PNRC and a purchase by Buyer of a Taxable Fraction undivided interest in the No. 2 LLC Assets in exchange for the assumption by Buyer of debt in an amount equal to the product of (1) 1.0 minus the PNRC Debt Share and (2) the aggregate stated principal amount of the PNRC Notes.

  • Seller does not presently have any Contract, undertaking, agreement or arrangement with any Person to sell, transfer or grant participations to such Person or to any other Person with respect to any of such Buyer Shares except with regards to the Debt Share Transfer.

  • If the Bendon Final Net Debt Share Adjustment is greater than the Bendon Estimated Net Debt Share Adjustment, then Holdco shall issue, in the aggregate, that number of Holdco Ordinary Shares equal to the difference between the Bendon Final Net Debt Share Adjustment and the Bendon Estimated Net Debt Share Adjustment to the shareholders of Bendon as of immediately prior to the Reorganization, allocated in accordance with the Reorganization Agreement.

Related to Debt Share

  • Preference Share means a preference share of a par value of US$0.0001 in the share capital of the Company.

  • Capital Share means a share of any class or series of stock of the General Partner now or hereafter authorized other than a REIT Share.

  • Preferred Share means a share of capital stock of the General Partner now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of the Issuer under Additional Provision 14.2º of Law 11/2015 and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.