Exit Conversion Date definition

Exit Conversion Date means the first date on which the Exit Facility Option has been exercised and the conditions to the occurrence of the Exit Conversion Date as set forth in Clause
Exit Conversion Date means the date all the conditions on Annex E have been satisfied and the Officer’s Certificate has been delivered as required in clause I. of Article 4 hereof.
Exit Conversion Date means November 3, 2022.

Examples of Exit Conversion Date in a sentence

  • After the occurrence of the Exit Conversion Date, the covenants applicable to the Chilean Issuer and its Restricted Subsidiaries shall be as set forth below in this Article 4, and the covenants set forth on Annex A shall no longer be applicable to the Notes.

  • The Exit Conversion Date shall occur on the date that the Trustee receives an Officer’s Certificate from the Chilean Issuer, pursuant to Section 13.03 hereof, and upon which the Trustee and the Collateral Trustee shall be entitled to rely absolutely without further investigation, certifying that the Exit Conditions have been satisfied.

  • From the Issue Date and for so long as any of the Notes remain outstanding until the Exit Conversion Date, the definitions set out in Annex A hereto shall apply to the covenants in Annex B hereto and the Events of Default in Annex C hereto.

  • If the Exit Conversion Date shall occur after January 10, 2023 and on or before the date of expiration of the Exit Condition Event Offer, then the Exit Condition Event Offer shall be automatically terminated, the Initial Purchasers shall not be obligated to purchase any Initial Notes in the Exit Condition Event Offer and any Initial Notes tendered in the Exit Condition Event Offer on or prior to such termination date shall be returned to the Holders thereof.

  • From the Issue Date until the Exit Conversion Date, the covenants applicable to the Chilean Issuer and its Restricted Subsidiaries shall be (a) those negative covenants set forth on Annex A hereto and (b) the covenants set forth below in this Article 4 except Sections 4.06, 4.07, 4.08, 4.09, 4.10, 4.19, 4.21, 4.22 and 4.23.

  • After the occurrence of the Exit Conversion Date, the covenants applicable to the Chilean Issuer and its Restricted Subsidiaries shall be as set forth below in this Article 5, and Section 4.5 of Annex B shall no longer be applicable to the Chilean Issuer and its Restricted Subsidiaries.

  • If the Trustee or Collateral Trustee should receive any Net Proceeds directly from the insurer in respect of a Recovery Event, the Trustee or the Collateral Trustee, as applicable, shall promptly cause such proceeds to be paid to the applicable Issuer or Guarantor, or to be applied, as applicable, in accordance with ‎Section 4.08 (or, prior to the Exit Conversion Date, Section 4.01 of Annex B).

  • From the Issue Date until the Exit Conversion Date, Section 4.5 of Annex B shall apply to the Chilean Issuer and its Restricted Subsidiaries, and this Article 5 shall not be applicable to the Chilean Issuer and its Restricted Subsidiaries.