Demand for Repayment definition

Demand for Repayment means delivery of an Acceleration Notice, a Swap Demand for Payment, a Bilateral Operating Facility Demand for Repayment or a Cash Management Facility Demand for Repayment;
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Demand for Repayment means delivery of an Acceleration Notice, a Swap Demand for Payment, an Operating Facility Demand for Repayment or a Cash Management Facility Demand for Repayment;
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Demand for Repayment means an Acceleration Notice given hereunder;
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Examples of Demand for Repayment in a sentence

  • If a Secured Document is entered into with an Affiliate of a Lender, that Lender shall cause such Affiliate to be bound by this Agreement, including for certainty, any requirements to deliver a Demand for Repayment as required by this Section 10.3 and such obligations shall survive such Lender ceasing to be a Lender hereunder.

  • If any Secured Lender (other than the Agent and the Lenders) proposes to deliver a Demand for Repayment, such Secured Lender shall notify the Agent of its determination (who shall thereupon promptly notify each Lender), and the Agent, within a further five (5) Business Days after receipt of the aforesaid notice, shall notify all such Secured Lenders whether the Agent, on behalf of the Majority Lenders, proposes to deliver an Acceleration Notice hereunder.

  • If the Agent does notify such Secured Lenders that the Majority Lenders do not propose, or the Agent is deemed to have advised that the Majority Lenders do not propose, to deliver an Acceleration Notice, the Secured Lender which delivered the notice to the Agent may, if it has not already delivered its Demand for Repayment, at any time within thirty (30) days thereafter deliver the Demand for Repayment under its Secured Document.

  • If the Secured Lender delivering any such Demand for Repayment does not receive the amount so demanded on or prior to the time stated in such Demand for Repayment, such Secured Lender shall so notify the Agent, and the Agent and each other Secured Lender shall forthwith concurrently deliver such Demands for Repayment as may be necessary to ensure that all Secured Obligations are thereafter due and payable under all Secured Documents.

  • If the Secured Lender delivering any such Demand for Repayment does not receive the amount so demanded on or prior to the time stated in such Demand for Repayment, such Secured Lender shall so notify the Agent and the Agent and each other Secured Lender shall forthwith concurrently deliver such Demands for Repayment as may be necessary to ensure that all Secured Obligations are thereafter due and payable under all Secured Documents.

  • Prior to a cancellation of the availability of the Tranche A Facility or the issuance of a Facility Demand for Repayment, the Tranche A Facility shall be a revolving credit facility; that is, principal amounts borrowed thereunder may be repaid and reborrowed from time to time subject to the terms of this Agreement.

  • Upon timely satisfaction or waiver of all applicable conditions specified in this Agreement, and provided that no Lender has cancelled the availability of the Demand Facilities or issued a Facility Demand for Repayment, the Borrower may request (which request shall be irrevocable) a Rollover or a Conversion by delivering an Conversion Notice or Rollover Notice to the Administrative Agent.

  • If the Agent does notify such Secured Lenders that the Majority Lenders do not propose, or the Agent is deemed to have advised that the Majority Lenders do not propose, to deliver an Acceleration Notice, the Secured Lender which delivered the notice to the Agent may at any time within thirty (30) days thereafter deliver the Demand for Repayment under its Secured Document.


More Definitions of Demand for Repayment

Demand for Repayment means delivery of an Acceleration Notice or a Swap Demand for Repayment; "Distribution" by a Person means:
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Related to Demand for Repayment

  • Borrower Offer of Specified Discount Prepayment means the offer by the Borrower to make a voluntary prepayment of Term Loans at a specified discount to par pursuant to Section 2.11(a)(ii)(B).

  • Waivable Mandatory Prepayment as defined in Section 2.15(c).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Shelf Takedown Request shall have the meaning set forth in Section 3.2.5(a).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.