Distressed Person definition

Distressed Person has the meaning set forth in the definition of “Lender-Related Distress Event.”
Distressed Person shall have the meaning provided in the definition of the term Lender-Related Distress Event.
Distressed Person has the meaning specified in Section 10.14.

Examples of Distressed Person in a sentence

  • Distressed Person Response Guide - To assist a person in distress, please refer to the Distressed Person Response Guide which can be accessed at: https://www.

  • It is believed that this will enhance our agency’s ability to perform community outreach and modify our practices as we learn about the community’s needs.To further build on our ability to serve persons in crisis, our agency has coordinated with the Rensselaer County Office of Mental Health to set up an Emotionally Distressed Person Response Team training.

  • In this scenario, which is depicted in Figure 2, the environment E consists of the beach and the ocean, and the task is to rescue the Distressed Person (DP) in the shortest time possible.

  • Soil and Water Conservation Board Meeting Minutes from September 8.

  • If the Administrative Agent becomes a Distressed Person (as defined in the definition of “Lender-Related Distress Event”), then such Administrative Agent may be removed as the Administrative Agent at the reasonable request of the Borrower and the Required Lenders.


More Definitions of Distressed Person

Distressed Person has the meaning specified in the definition ofDefaulting Lender”.
Distressed Person as defined in the defined term, “Lender Related Distress Event” in this Section 1.1.
Distressed Person shall have the meaning provided in the definition of “Lender-Related Distress Event”. “Dollar Denominated Loan” shall mean each Loan denominated in Dollars, which shall include each Initial Term Loan, each Incremental Term Loan denominated in Dollars and each Revolving Credit Loan denominated in Dollars. “Dollar Equivalent” shall mean, with respect to any amount denominated in an Alternative Currency (or other currency) as of any date of determination, the amount of Dollars that would be required to purchase the amount of such Alternative Currency (or other currency) based upon the Exchange Rate. “Dollars”, “U.S. Dollars” and “$” shall mean dollars in lawful currency of the United States of America. “Domestic Restricted Subsidiary” shall mean each Restricted Subsidiary of the Borrower that is a Domestic Subsidiary. “Domestic Subsidiary” shall mean each Subsidiary of the Borrower that is organized under the Applicable Laws of the United States, any state thereof, or the District of Columbia. “Drawing” shall have the meaning provided in Section 3.4(b). “Early Opt-in Election” shall mean, if the then-current Benchmark is the Eurocurrency Rate, the occurrence of: (a) a notification by the Administrative Agent to (or the request by the Borrower to the Administrative Agent to notify) each of the other parties hereto that at least five currently outstanding syndicated credit facilities of similarly situated borrowers of the same currency as the Credit Facilities, each available for review (including by way of availability through posting on DebtDomain, Intralinks, Debt X, SyndTrak Online or by similar electronic means) and identified by the Administrative Agent in such notice, contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a -40- #95203802v2296160609v3 #96160609v5
Distressed Person means any Person (a) that files a petition or ----------------- seeks relief under or takes advantage of any insolvency law; makes an assignment for the benefit of its creditors; commences a proceeding for the appointment of a receiver, trustee, liquidator, custodian or conservator of itself or of the whole or substantially all of its property; files a petition or an answer to a petition under any chapter of the United States Bankruptcy Code, as amended (11 U.S.C. (S) 101 et seq.), or files a petition or seeks relief under or takes ------- advantage of any other similar law or statute of the United States of America, any state thereof or any foreign country; or
Distressed Person has the meaning specified in the definition ofDistress Event.” 18-22178-rdd Doc 51-1 Filed 02/06/18 Entered 02/06/18 17:00:35 Exhibit Pg 48 of 432
Distressed Person means any Person (a) that files a petition or ----------------- seeks relief under or takes advantage of any insolvency law; makes an assignment for the benefit of its creditors;
Distressed Person shall have the meaning assigned to such term in the definition of “Lender-Related Distress Event”. “Disqualified Lenders” shall mean any bank, financial institution or other institutional lender or investor and those Persons who are competitors of the Borrower that have been, in each case, separately identified in writing by the Borrower to MSSF on or prior to February 19, 2021.