Deferred Financing definition

Deferred Financing means a promotional credit offer under which purchases of Merchandise may be financed at 0% interest (including through any installment sales), subject to any applicable terms of the offer.
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Examples of Deferred Financing in a sentence

  • The Agent shall have received a copy, certified by the chief financial officer of the Borrower as true and complete, of the TI Deferred Financing Note as originally executed and delivered, and no amendment or modification thereof shall have been entered into on or prior to the Amendment No. 3 Effective Date which shall not have been approved by the Agent.

  • If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with accrued interest through such date on the amount prepaid and the applicable Deferred Financing Fee.

  • As of the Original Closing Date the Term Loan Lenders became entitled to a fee (the “Initial Deferred Financing Fee”) from the Borrower equal to 3% of the Initial Commitments as of the Original Closing Date.

  • Deferred Financing Costs In conjunction with the Recapitalization, the Company incurred $2,503,000 in deferred financing costs which are being amortized over the term of the agreements.

  • Deferred Financing Fees Deferred financing fees relate to the revolving credit agreement (see Note 8) and the senior subordinated notes (see Note 9) and are being amortized over the term of the related debt.

  • Sears may, at its sole discretion, continue to offer Deferred Financing promotions to Sears Customers, and the parties shall support such programs in accordance with Section 7.5 of the Disclosure Letter.

  • Deferred Financing Costs — Deferred financing costs of $354, net of amortization of $737, were recorded on the accompanying balance sheet at December 31, 2009, representing the unamortized costs incurred by the Company related to various debt financings (see Note 6).

  • The Initial Deferred Financing Fee has been earned in full as of the Original Closing Date and each Additional Deferred Financing Fee shall be earned in full on the date the related Additional Loan is made.

  • The Deferred Financing Fee shall accrue and be fully earned on the date of closing and funding of the Loan, and shall be payable on the Applicable Maturity Date, or upon the earlier repayment of the Loan, at maturity, by acceleration or otherwise.

  • Sagent Advisors Fee Legal Fees Accounting Fees Termination Expenses relating to B of A Swap Agreement Deferred Financing Charges Write-Off Misc transaction expenses Investment Banking Expenses Investment Banking Deal Fee Expenses relating to Stock Options None.

Related to Deferred Financing

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Structured Finance Obligation means any obligation of a special purpose vehicle secured directly by, referenced to, or representing ownership of, a pool of receivables or other assets, including collateralized debt obligations and single asset repackages.

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Additional Senior Debt means any Indebtedness that is issued or guaranteed by the Issuer and/or any Obligor (other than Indebtedness constituting Notes Obligations) which Indebtedness and Guarantees are secured by the Senior Collateral (or a portion thereof) on a basis that is senior to the Second Priority Debt Obligations and equal priority (but without regard to control of remedies) with the Notes Obligations; provided, however, that (i) such Indebtedness is permitted to be incurred, secured and guaranteed on such basis by each Senior Debt Document and Second Priority Debt Document then in effect and (ii) the Representative for the holders of such Indebtedness shall have (A) become party to this Agreement pursuant to, and by satisfying the conditions set forth in, Section 8.09 hereof and (B) become a party to the First Lien Intercreditor Agreement pursuant to, and by satisfying the conditions set forth in, Section 5.12 thereof; provided, further, that, if such Indebtedness will be the initial Additional Senior Debt incurred by the Issuer or Obligors, then the Obligors, the Collateral Agent and the Representative for such Indebtedness shall have executed and delivered the First Lien Intercreditor Agreement. Additional Senior Debt shall include any Registered Equivalent Notes and Guarantees thereof by the Obligors issued in exchange therefor.

  • Qualified Financing is a transaction or series of transactions pursuant to which the Company issues and sells shares of its capital stock for aggregate gross proceeds of at least $5,000,000 (excluding all proceeds from the incurrence of indebtedness that is converted into such capital stock, or otherwise cancelled in consideration for the issuance of such capital stock) with the principal purpose of raising capital.