Discharge definition

Discharge means, with respect to any Shared Collateral and any Series of First Lien Obligations, the date on which such Series of First Lien Obligations is no longer secured by such Shared Collateral. The term “Discharged” shall have a corresponding meaning.
Discharge means the injection, deposit, dumping, spilling, leaking, placing, or failing to remove any pollutant so that it or any constituent thereof may enter into state waters, including ground water.
Discharge means, with respect to any Shared Collateral and any Debt Facility, the date on which such Debt Facility and the Senior Obligations or Second Priority Debt Obligations thereunder, as the case may be, are no longer secured by such Shared Collateral pursuant to the terms of the documentation governing such Debt Facility. The term “Discharged” shall have a corresponding meaning.

Examples of Discharge in a sentence

  • Notwithstanding anything to the contrary contained in this Satisfaction and Discharge, PubCo shall not be required to register any EFH Ordinary Shares or Remaining EFH Ordinary Shares that have been sold, or may permanently be sold, without any restrictions pursuant to Rule 144 promulgated under the Securities Act, as amended, as determined by counsel to the Company pursuant to a written opinion letter to such effect, addressed and acceptable to the Company’s transfer agent.

  • When Discharge of First-Priority Obligations Deemed to Not Have Occurred 19 Section 5.08.

  • Discharge by a Loan Party of a Collateral Agent Claim will discharge the corresponding Secured Party Claim in the same amount.

  • Notwithstanding any other provision of this Agreement, no Person may, prior to the date which is one year (or if longer, any applicable preference period) and one day after the Discharge of Senior Secured Debt Obligations, institute against, or join any other Person in instituting against, the SPV Parties any Insolvency or Liquidation Proceeding, or other proceedings under Cayman Islands, U.S. federal or state bankruptcy or similar laws.

  • This Satisfaction and Discharge and all rights, liabilities and obligations hereunder shall be binding upon and inure to the benefit of each party’s successors and assigns but may not be assigned without the prior written approval of the other party.


More Definitions of Discharge

Discharge means the termination of hospital medical
Discharge means the termination of hospital medical authority. The commitment may remain in place, be terminated, or be amended by court order;
Discharge means any spilling, leaking, pumping, pouring, emitting, emptying, or dumping.
Discharge means any manner of spilling, leaking, dumping, discharging, releasing or emitting, as any of such terms may further be defined in any Environmental Law, into any medium including, without limitation, ground water, surface water, soil or air.
Discharge means dispose, deposit, spill, pour, inject, seep, dump, leak or place by any means, or that which is disposed, deposited, spilled, poured, injected, seeped, dumped, leaked, or placed by any means including any direct or indirect entry of any solid or liquid matter into the municipal separate storm sewer system.
Discharge means termination of a contract during the contract period.
Discharge means, with respect to any Indebtedness, the repayment, prepayment, repurchase (including pursuant to an offer to purchase), redemption, defeasance or other discharge of such Indebtedness, in any such case in whole or in part.