LBO definition

LBO or "Leveraged Buyout" means, as determined by the Determination Agent] by reference to publicly available news information and/or market data, a highly leveraged transaction involving the acquisition of the Reference Entity by another company (including through a purchase of a majority of the Reference Entity's equity and the act of converting a Reference Entity which is a public company into a private company via an acquisition) using a significant amount of borrowed money to meet such cost of acquisition and using the revenues of the Reference Entity to fund all or a significant portion of the repayment obligations in respect of such borrowed money;
LBO means the 2005 transaction in which the Sponsors became the direct and indirect equity holders of the Debtors.
LBO or "Leveraged Buyout" means, as determined by the Determination Agent by reference to publicly available news information and/or market data, a highly leveraged transaction involving the acquisition of

Examples of LBO in a sentence

  • LBO Signature:State Cost (Savings) Calculation DetailsThis table shows direct impact to state government only.

  • LBO Signature:Joel EndersState Cost (Savings) Calculation DetailsThis table shows direct impact to state government only.

  • DLJ LBO Plans Management Corporation II ("DLJLBO"), a Delaware corporation, is the general partner of IX Plan and Plan Investors and, as such, is responsible for each of their day-to-day management.

  • Financial analysts and rating agencies were not alone in recognizing the devastating consequences of the proposed LBO.

  • LBO Signature: State Cost (Savings) Calculation DetailsThis table shows direct impact to state government only.

  • On July 14, 2008, for example, the Associated Press reported that the Los Angeles Times planned to cut 250 positions because the Company was “struggling to service th[e] debt” taken on in connection with the LBO.

  • As soon as the LBO was announced, a growing chorus of news outlets also began reporting the substantial risk of the proposed transaction, openly questioned the proposal’s soundness, and highlighted the crushing debtload that the LBO would create.

  • Indeed, as made clear by a cascade of contemporaneous news reports and ratings downgrades, the generally unfavorable reaction to the LBO came swiftly and loudly.

  • Of course, the Company had been highly leveraged in comparison to its peers even before the LBO.

  • On or about December 20, 2007, Tribune transferred approximately $4.0 billion of Step Two Shareholder Transfers to the Shareholders — including the Shareholder Defendants — in connection with Step Two of the LBO.


More Definitions of LBO

LBO means the Legislative Budget Office. In matters arising out of this proposal or out of any resulting contract, the authorized agent for the LBO is the Director of the Legislative Budget Office.
LBO means licensed betting office and includes, in respect of each licensed betting office, the whole or substantially the whole of the rights, assets, interests and obligations solely of or associated with that licensed betting office as operated at the date of entry into a legally binding agreement to divest that licensed betting office, including without prejudice to the foregoing, save as required or permitted by the OFT:
LBO refers to a last time buy order in the event of a vendor’s obsolescence of a Component(s).
LBO or “leveraged buyout” is defined as the acquisition of a company through a leveraged transaction, as referenced in the Fifth Amended Class Action Complaint for Violations of the Federal Antitrust Laws filed in this Action (the “Complaint”).
LBO means one licensed betting office owned by Ladbroke and/or Hilton Group (to be chosen by Ladbroke and/or Hilton Group) from each of the addresses listed in Annex 1;
LBO means the Sponsors’ acquisition of CEC in a $30.7 billion leveraged buyout that closed on January 28, 2008.

Related to LBO

  • Prepetition means arising or accruing prior to the Petition Date.

  • General Unsecured Claims means Claims against any Debtor that are not Secured Claims, Administrative Claims, Priority Claims, Professional Compensation Claims, Intercompany Claims, or Equity Interests.

  • CCH Charter Communications Holdings, LLC, a Delaware limited liability company, together with its successors.

  • General Unsecured Claim means any Claim that is not a/an: Administrative Claim; DIP Facility Claim; Professional Fee Claim; Priority Tax Claim; Secured Tax Claim; Other Priority Claim; Other Secured Claim; Intercompany Claim; Prepetition Debt Claim; or 510(b) Equity Claim.

  • Unsecured Claims means claims which are not secured by any property of the Debtor’s Estate and which are not part of any other class defined in this Plan.

  • Class P designation on the face thereof, substantially in the form of Exhibit A-5 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Second Lien With respect to each Mortgaged Property, the lien of the mortgage, deed of trust or other instrument securing a Mortgage Note which creates a second lien on the Mortgaged Property.

  • Unsecured Creditors means, collectively, the Preferred Creditors and the Ordinary Creditors; and

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Senior Unsecured Notes means, collectively, the: (a) 6.50% Senior Notes due 2016, issued in the original principal amount of $214,800,000 pursuant to the 6.50% Senior Unsecured Notes Indenture; and (b) 5.75% Senior Notes due 2017, issued in the original principal amount of $750,000,000 pursuant to the 5.75% Senior Unsecured Notes Indenture.

  • CCG means a clinical commissioning group;

  • Ad Hoc Group means the ad hoc group of Consenting Noteholders advised by the Ad Hoc Group Advisers.

  • MiFID II means Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU;

  • Class P Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class P Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • Class A-3 Note means any of the 1.34% Asset Backed Notes, Class A-3, issued under the Indenture, substantially in the form of Exhibit A to the Indenture.

  • Class H designation on the face thereof, substantially in the form of Exhibit A-4 attached hereto, and evidencing a portion of a class of "regular interests" in REMIC III for purposes of the REMIC Provisions.

  • Senior Unsecured Debt means the Indebtedness represented by the Senior Unsecured Notes (including the Note Guarantees, Exchange Notes (each as defined in the Senior Unsecured Debt Documents), guarantees of Exchange Notes and any replacement Exchange Notes).

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-4 Notes means the 0.62% Asset Backed Notes, Class A-4, substantially in the form of Exhibit A-4 to the Indenture.

  • Class HI B-2 Formula Interest Distribution Amount" means, as to any Payment Date, the sum of (a) the amount specified in clause (a) of the definition of the term "Class HI: B-2 Formula Distribution Amount" and (b) the Unpaid Class HI: B-2 Interest Shortfall, if any.

  • Class 2 A-1 and Class 2-A-2 Certificates and the Class A-X-2 and Class PO-2 Component. Group 2 Certificates................... Group 2 Senior Certificates and the portions of the Group II Subordinated Certificates related to Loan Group 2.

  • Postpetition means arising or accruing on or after the Petition Date and before the Effective Date.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent”, the “Company” or any other person shall be construed so as to include its successors in title, permitted assigns and permitted transferees and, in the case of the Security Agent, any person for the time being appointed as Security Agent or Security Agents in accordance with this Agreement;

  • Permitted Unsecured Refinancing Debt means Credit Agreement Refinancing Indebtedness in the form of unsecured Indebtedness (including any Registered Equivalent Notes) incurred by the Borrower in the form of one or more series of senior unsecured notes or loans; provided that such Indebtedness (i) constitutes Credit Agreement Refinancing Indebtedness and (ii) meets the Permitted Other Debt Conditions.