Liability Management Transactions definition

Liability Management Transactions means the series of transactions described on Schedule 1.01(g) hereto.
Liability Management Transactions means (A) redemption in full of the following debt issues: (i) ADESA Corporation 7.7% Senior Notes, Series A, due 2006 and (ii) ADESA Corporation 8.10% Senior Notes, Series B, Due 2010, (B) repayment in full of the following debt issues: (i) a note payable in the amount of $45 million relating to the Company’s used vehicle auction facility locate in Tracy, California, (ii) a note payable in the amount of $28.4 million relating to the Company’s used vehicle auction facilities located in Boston, Massachusetts, Charlotte, North Carolina and Knoxville, Tennessee and (iii) a note payable to Interstate Auto Auction in the amount of $1.8 million; (C) consents relating to the following documents: (i) Master Lease Agreement, dated December 4, 2001, between LaSalle National Leasing Corporation and ADESA Corporation, (ii) Revolving Credit Agreement, dated January 19, 2001, between Automotive Recovery Services, Inc. and Fleet National Bank, (iii) Amended and Restated Credit Agreement, dated as of July 25, 2003, between ADESA Corporation and Bank One, N.A., and (iv) Revolving Loan Agreement, dated as of November 14, 2000, by and between A&H, LLC and Suntrust Bank; and (D) refinancing of the Automotive Finance Corporation Receivables Facility.
Liability Management Transactions means (A) redemption in full of the following debt issues: (i) ADESA Corporation 7.7% Senior Notes, Series A, due 2006, and (ii) ADESA Corporation 8.10% Senior Notes, Series B, Due 2010; (B) repayment in full of the following: (i) a note payable in the amount of $45 million relating to the Company’s used vehicle auction facility located in Tracy, California, (ii) a note payable in the amount of $28.4 million relating to the Company’s used vehicle auction facilities located in Boston, Massachusetts, Charlotte, North Carolina and Knoxville, Tennessee, (iii) a note payable to Interstate Auto Auction in the amount of $1.8 million; and (iv) all amounts outstanding under the Amended and Restated Credit Agreement, dated of July 25, 2003, between ADESA Corporation and Bank One, N.A.; (C) consents relating to the Revolving Credit Agreement, dated March 22, 2001, between Automotive Recovery Services, Inc. and Fleet National Bank; (D) amendment of the Receivables Purchase Agreement; and (E) termination of the guaranty by ALLETE, Inc. of the Master Lease Agreement, dated December 4, 2001, between LaSalle National Leasing Corporation and ADESA Corporation.

Examples of Liability Management Transactions in a sentence

  • TRENDS AND DEVELOPMENTS USA Trends and DevelopmentsContributed by:James A Florack, Meyer C Dworkin, Vanessa L Jackson and Adela Troconis Davis Polk & Wardwell LLP see p.27 Recent Liability Management Transactions For many borrowers, the COVID-19 pandemic has had and continues to have wide-ranging implications for their financial results and, as a result, their loan facilities.

  • Notwithstanding the foregoing, the effectiveness of any proposed amendments to the Impax Indenture contemplated by the Impax Liability Management Transactions hall be conditioned upon the occurrence of the Closing and any proposed amendments to the Impax Indenture contemplated by the Impax Liability Management Transaction shall revert to the form in effect prior to the effectiveness of any proposed amendments and be of no further effect if this Agreement is terminated pursuant to Article VIII.

  • Frequently Discussed Liability Management Transactions 3 Neiman Marcus <..

  • Tender and Exchange Offers and Liability Management Transactions.

  • The provision of this Section 10.19 are for the sole benefit of the Lenders and shall not afford any right to, or constitute a defense available to, any Loan Party., including with respect to the Specified Liability Management Transactions that are released pursuant to Section 10.25.

  • The proceeds of the Loans will be used only for general corporate purposes not prohibited by the Credit Agreement and other Loan Documents, including, without limitation, for Liability Management Transactions, Acquisitions, payment of transaction fees, costs and expenses, capital expenditures, Investments, satisfying lease obligations and any other purpose not prohibited by the terms hereof.

  • In addition, the Company is required to use reasonable best efforts to cause the Trustee to agree to proceed with one or more Liability Management Transactions on notice of at least 30 days, but not more than 60 days, before the applicable repurchase and/or redemption date or such other reasonable time.


More Definitions of Liability Management Transactions

Liability Management Transactions means the series of transactions described on SCHEDULE 1.01(g) hereto.
Liability Management Transactions means the series of transactions described on Schedule 1.01(g) hereto. and by adding at the end of the definition of "Subsidiary" the parenthetical phrase "(including SCC RMMI and SCC AMMI)".
Liability Management Transactions means the series of transactions described on Schedule 1.1(i) hereto. The Definitional Appendix is further amended by adding thereto a new penultimate paragraph to read as follows:

Related to Liability Management Transactions

  • Rate Management Transaction means any transaction (including an agreement with respect thereto) now existing or hereafter entered into between the Borrower and any Lender or Affiliate thereof which is a rate swap, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, forward transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether linked to one or more interest rates, foreign currencies, commodity prices, equity prices or other financial measures.

  • Replacement Transaction means, with respect to any Terminated Transaction or group of Terminated Transactions, a transaction or group of transactions that (i) would have the effect of preserving for Party B the economic equivalent of any payment or delivery (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) by the parties under Section 2(a)(i) in respect of such Terminated Transaction or group of Terminated Transactions that would, but for the occurrence of the relevant Early Termination Date, have been required after that Date, and (ii) has terms which are substantially the same as this Agreement, including, without limitation, rating triggers, Regulation AB compliance, and credit support documentation, save for the exclusion of provisions relating to Transactions that are not Terminated Transaction, as determined by Party B in its sole discretion, acting in a commercially reasonable manner.

  • Co-Investment Transaction means any transaction in which a Regulated Fund (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Restricted Payment Transaction means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception contained in clause (i) and the parenthetical exclusions contained in clauses (ii) and (iii) of such definition).

  • Payment Transaction means an act, initiated by the payer or on his behalf or by the payee, of placing, transferring or withdrawing funds, irrespective of any underlying obligations between the payer and the payee;

  • Related Transactions Documents means the Loan Documents and all other agreements or instruments executed in connection with the Related Transactions.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Related Transactions means the initial borrowing under the Revolving Loan on the Closing Date, the Refinancing, the payment of all fees, costs and expenses associated with all of the foregoing and the execution and delivery of all of the Related Transactions Documents.

  • Hedging Transaction of any Person shall mean (a) any transaction (including an agreement with respect to any such transaction) now existing or hereafter entered into by such Person that is a rate swap transaction, swap option, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap or option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option, spot transaction, credit protection transaction, credit swap, credit default swap, credit default option, total return swap, credit spread transaction, repurchase transaction, reverse repurchase transaction, buy/sell-back transaction, securities lending transaction, or any other similar transaction (including any option with respect to any of these transactions) or any combination thereof, whether or not any such transaction is governed by or subject to any master agreement and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement.

  • Hedging Transactions means any transactions or assets the Issuer or any of its affiliates (in the meaning of § 1 paragraph 7 German Banking Act (KWG), § 290 paragraph 2 German Commercial Law (HGB)) may have entered into or purchased in order to hedge the risk of entering into and performing its obligations with respect to the Certificates.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • M&A Transaction means (i) the consolidation of the Company with, or a merger with or into, any third party, following which the Company’s stockholders immediately prior to such transaction, will own less than 50.1% of the surviving entity or the Company, as applicable, immediately following such transaction, or (ii) an acquisition or other transfer of all or substantially all of the Company’s securities or assets.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Significant Transaction means a transaction which meets any one of the tests below:

  • Credit transaction means any transaction by the terms of which the repayment of money loaned or loan commitment made, or payment for goods, services, or properties sold or leased, is to be made at a future date or dates.

  • Terminated Transactions means with respect to any Early Termination Date (a) if resulting from a Termination Event, all Affected Transactions and (b) if resulting from an Event of Default, all Transactions (in either case) in effect immediately before the effectiveness of the notice designating that Early Termination Date (or, if "Automatic Early Termination" applies, immediately before that Early Termination Date).

  • Subsequent Transaction has the meaning set forth in Section 1.08.

  • Permitted Affiliate Transactions means the following:

  • Consumer credit transaction means a consumer credit sale or consumer loan, or a refinancing or consolidation thereof, or a consumer lease, or a consumer rental purchase agreement.

  • Treasury Transactions means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price.

  • Excluded Transactions means:

  • Designated Transaction means a Transaction which fulfils the following requirements: