MFN Protection definition

MFN Protection has the meaning set forth in Section 2.14(e)(iii).

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MFN Protection has the meaning assigned to such term in Section 2.20(b).

MFN Protection as defined in Section 2.27(i).

Examples of MFN Protection in a sentence

Each Incremental Term Loan may otherwise have terms and conditions different from those of the Term Loans or Revolving Loans, as applicable; provided, that the MFN Protection may be waived at any time with the consent of the Required Lenders.
Each Incremental Term Loan may otherwise have terms and conditions different from those of the Initial Term Loans or Revolving Loans, as applicable; provided, further, that the MFN Protection may be waived at any time with the consent of the Required Lenders.
Each Incremental Term Loan may otherwise have terms and conditions different from those of the Term Loans or Revolving Loans, as applicable; provided, that the MFN Protection may be waived at any time with the consent of the Required Term B-2 Lenders.
It is understood and agreed that any Indebtedness in the form of loans secured by Liens on the Collateral having a priority ranking equal to the priority of the Liens on the Collateral securing the Secured Obligations (but without regard to control of remedies) shall be subject to the MFN Protection set forth in Section 2.20(c) (but subject to the MFN Exceptions to such MFN Protection) as if such Indebtedness were an Incremental Term Loan.

More Definitions of MFN Protection

MFN Protection has the meaning specified in Section 2.24(h).

MFN Protection has the meaning specified therefor in Section 2.17(e)(ii) of this Agreement.

MFN Protection means the provisions of Section 2.14(h).

MFN Protection as defined in Section 2.20(d). “Moody’s” means ▇▇▇▇▇’▇ Investors Service, Inc.

MFN Protection as defined in Section 2.27(i). “Minority Lender”: as defined in Section 10.1(b). “Moody’s”: ▇▇▇▇▇’▇ Investors Service, Inc. “Mortgaged Properties”: the real properties as to which, pursuant to Section 6.12(b) or otherwise, the Administrative Agent, for the benefit of the Secured Parties, shall be granted a Lien pursuant to the Mortgages. “Mortgages”: each of the mortgages, deeds of trust, deeds to secure debt or such equivalent documents hereafter entered into and executed and delivered by one or more of the Loan Parties to the Administrative Agent, in each case, as such documents may be amended, amended and restated,

MFN Protection has the meaning set forth in Section 2.14(e)(iii). “MFN Trigger Amount” has the meaning set forth in Section 2.14(e)(iii). “▇▇▇▇▇’▇” means ▇▇▇▇▇’▇ Investors Service, Inc. and any successor thereto. “Mortgage Policies” has the meaning set forth in the definition of “Collateral and Guarantee Requirement.”

MFN Protection shall have the meaning provided in Section 2.14(d)(iii). “Minimum Borrowing Amount” shall mean with respect to a Borrowing, $500,000. “Minimum Collateral Amount” shall mean, at any time, (i) with respect to Cash Collateral consisting of cash or Cash Equivalents or deposit account balances provided to reduce or eliminate Fronting Exposure during the existence of a Defaulting Lender, an amount equal to 103% of the Fronting outstanding at Equivalents or Exposure of the Letter of Credit Issuer with respect to Letters of Credit issued and such time and (ii) with deposit account balances respect to Cash Collateral consisting of cash or Cash provided in accordance with the provisions of Section equal to 101% of the outstanding amount of all L/C 3.8(a)(i), (a)(ii), or (a)(iii), an amount Obligations. “Minimum Tender Condition” shall have the meaning provided in Section 2.15(b). “Moody’s” shall mean ▇▇▇▇▇’▇ Investors Service, Inc. or any successor by merger or consolidation to its business. “Mortgage” shall mean a mortgage, deed of trust, deed to secure debt, trust deed, or other security document entered into by the owner of a Mortgaged Property and the Collateral Agent for the benefit of the Secured Parties in respect of that Mortgaged Property to secure the Obligations, in form and substance reasonably acceptable to the Collateral Agent and the Borrower, together with such terms and provisions as may be required by local laws. “Mortgaged Property” shall mean each parcel of real property and improvements thereto with respect to which a Mortgage is granted pursuant to Section 9.14. “Multiemployer Plan” shall mean a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA to which any Credit Party or ERISA Affiliate makes or is obligated to make contributions, orduring the five preceding calendar years, has made or been obligated to make #8983238089847286v115 -67- contributions. #8983238089847286v115 -68-