ECF Prepayment Offer definition

ECF Prepayment Offer has the meaning assigned to such term in Section 2.05(b)(iv).
ECF Prepayment Offer shall have the meaning set forth in Section 2.02(d)(iii)(A). “ECF Prepayment Offer Date” shall have the meaning set forth in Section 2.02(d)(iii)(A). “EEA Financial Institution” shall mean (i) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (ii) any entity established in an EEA Member Country which is a parent of an institution described in clause (i) of this definition, or (iii) any financial institution established in an EEA Member Country which is a Subsidiary of an institution described in clauses (i) or (ii) of this definition and is subject to consolidated supervision with its parent. “EEA Member Country” shall mean any of the member states of the European Union, Iceland, Liechtenstein and Norway. “EEA Resolution Authority” shall mean any public administrative authority or any Person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. “Enhanced Rate” shall mean, as of any date of determination, an interest rate per annum equal to the sum of (i) an amount equal to (a) one and one-half percent (1.50%) multiplied by (b) a fraction the numerator of which is the Achieved Collateral Enhancement Value, and the denominator of which is the Collateral Enhancement Requirement, and (ii) the rate per annum otherwise applicable on such date. 6 KE 52826770.15
ECF Prepayment Offer shall have the meaning set forth in Section 2.02(d)(iii)(A).

Examples of ECF Prepayment Offer in a sentence

  • Notwithstanding the foregoing clauses (i) through (iv), Borrower shall be permitted to request a waiver of the requirement to deliver an Event of Loss Prepayment Offer, a Disposition Proceeds Prepayment Offer, a Debt Prepayment Offer, or an ECF Prepayment Offer, which waiver may be accepted or rejected by the Administrative Agent in its sole and absolute discretion.

  • The offer to prepay Loans contemplated by this Section 2.02(d)(iii) shall be an offer to prepay, in accordance with and subject to this Section 2.02(d), the Loans held by each Lender on the date of such ECF Prepayment Offer Date in accordance with Section 2.04(d).

  • The prepayment shall be made within two (2) Business Days of the acceptance or rejection (if Borrower so elects to make such prepayment in accordance with Section 2.02(d)(iii)(C)) of the ECF Prepayment Offer.

  • Prepayment of the Loans to be prepaid pursuant to this Section 2.02(d)(iii) (whether as part of an acceptance by the Required Lenders of an ECF Prepayment Offer or as part of a rejection of such ECF Prepayment Offer) shall be accompanied with the applicable Prepayment Premium on the principal amount of such Loans being prepaid, together with accrued and unpaid interest on such Loans accrued to the date of prepayment and will be payable in cash only.


More Definitions of ECF Prepayment Offer

ECF Prepayment Offer has the meaning assigned to such term in Section 2.06(b)(v). Bakersfield Refinery – Senior Credit Agreement

Related to ECF Prepayment Offer

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Company Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Term Loans at a specified range of discounts to par pursuant to Section 2.05(a)(v)(C).

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by any Company Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.05(a)(v)(D).

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • 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.

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Acceptable Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Prepayment Notice means a notice by the Borrower to prepay Loans, which shall be in such form as the Appropriate Party may approve.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Prepayment Date has the meaning specified in Section 2.05(c).

  • Notice of Prepayment has the meaning assigned thereto in Section 2.4(c).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.