ML Transactions definition

ML Transactions means, collectively, (a) the ML Acquisition, (including all transactions contemplated thereunder), (b) the consummation of the Initial Closing Date Equity Contribution, (c) the entering into the Loan Documents by the Loan Parties, the borrowings thereunder on the Initial Closing Date and the application of the proceeds thereof as contemplated hereby and thereby, (d) the entering into the Second Lien Loan Documents by the Loan Parties, the borrowings thereunder on the Initial Closing Date and the application of the proceeds thereof as contemplated thereby, (e) the payment of the ML Specified Payments, (f) the consummation of the ML Refinancing and (g) the payment of the fees and expenses incurred in connection with the consummation of the foregoing.
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Examples of ML Transactions in a sentence

  • After giving effect to the ML Acquisition and the other ML Transactions (as defined below), Initial Borrower will own ML Target directly or through one or more of its subsidiaries.

  • As of the Initial Closing Date after giving effect to the ML Transactions, the shares of capital stock or other Equity Interests so indicated on Schedule 5.12 are fully paid and non-assessable and are owned by Holdings, the Borrowers or the applicable Subsidiary, directly or indirectly, free and clear of all Liens (other than Liens created under the Loan Documents and the Second Lien Loan Documents).

  • The proceeds of the Term Facility funded on the Initial Closing Date shall be used, together with the proceeds of the First Lien Loans funded on the Initial Closing Date and the proceeds of the Initial Closing Date Equity Contribution, to fund a portion of the ML Transactions and to pay the transaction fees and expenses related thereto.

  • The proceeds of the Term Facilities Funded on the Initial Closing Date shall be used, together with the proceeds of the Second Lien Loans funded on the Initial Closing Date and the proceeds of the Initial Closing Date Equity Contribution, to fund a portion of the ML Transactions and to pay the transaction fees and expenses related thereto.

  • As of the Initial Closing Date after giving effect to the ML Transactions, the shares of capital stock or other Equity Interests so indicated on Schedule 5.12 are fully paid and non-assessable and are owned by Holdings, the Borrowers or the applicable Subsidiary, directly or indirectly, free and clear of all Liens (other than Liens created under the Loan Documents and the First Lien Loan Documents).