Mandatory Prepayment Event definition

Mandatory Prepayment Event means any of the following:
Mandatory Prepayment Event has the meaning set forth in Section 3.2(b).
Mandatory Prepayment Event is defined in Section 3.05.

Examples of Mandatory Prepayment Event in a sentence

  • Notwithstanding the foregoing, following a failure to make any prepayment pursuant to a Mandatory Prepayment Event, unless the Borrower shall have caused a Sponsor Guaranty to be provided in accordance with Section 2.11(e), the Borrower shall not pay any cash dividends, distributions or other Restricted Payments in excess of the Minimum REIT Distribution until the Mandatory Prepayment Amount is prepaid (or such Sponsor Guaranty is provided).


More Definitions of Mandatory Prepayment Event

Mandatory Prepayment Event means the occurrence of (a) a Change of Control or (b) an Issuer Event.
Mandatory Prepayment Event has the meaning set forth in Section 1.7.
Mandatory Prepayment Event means any of the events or circumstances specified as such in Clause 11.1 (Listing of Mandatory Prepayment Events).
Mandatory Prepayment Event means the sale, lease, transfer, assignment, financing or other disposition of any Production Facility (as defined in the Amendment and Exchange Agreements), except as approved in writing by the Required Holders.
Mandatory Prepayment Event means any of the events referred to in Clause 6 (Prepayment and Cancellation) as a result of which the Owner is obliged to prepay any one or more of the Loans or any Lender’s participation in the Loans.
Mandatory Prepayment Event means:
Mandatory Prepayment Event means any of the events or circumstances described in clause 17.2;