Offering Prepayment definition

Offering Prepayment means a prepayment made in accordance with Clause 8.9 (c);
Sample 1

Examples of Offering Prepayment in a sentence

  • Such notice shall specify (a) the date fixed for such prepayment, (b) the principal amount to be prepaid on such date, (c) the amount of accrued interest to be paid or anticipated to be paid on such date, and (d) the amount of the Prepayment Premium or Qualified Public Offering Prepayment Premium, if any, to be paid in connection therewith.

  • The Issuer will duly and punctually pay the principal of, Prepayment Premium and Qualified Public Offering Prepayment Premium (if any) and interest on the Notes and will timely pay and perform all other Obligations in accordance with the terms the Note Documents.

  • Notice of prepayment having been so given, the aggregate principal amount of the Notes so to be prepaid as specified in such notice, together with interest accrued thereon to such date fixed for prepayment, plus the applicable Prepayment Premium or Qualified Public Offering Prepayment Premium, if any, shall become due and payable on the specified prepayment date.

  • The Administrative Agent shall have received, in immediately available funds, the Rights Offering Prepayment from Milacron for application to the outstanding principal amount of the Loans pursuant to Section 2.05(b)(i) of the Financing Agreement.

  • The Loan Parties shall have delivered to the Agents a certificate of a duly authorized officer of each Loan Party dated the date of this Amendment, in form and substance satisfactory to the Agents, certifying that (i) the representations and warranties set forth in Section 4.3 hereof are true and correct as of such date and (ii) the Rights Offering Prepayment has been duly authorized by the Board of Directors of Parent and has been paid with proceeds from the Rights Offering.

  • Any such Subsequent Offering Exchange or Subsequent Offering Prepayment shall constitute a Prepayment (as defined in the Offering Notes) and may trigger the Company’s obligations to issue Warrants pursuant to the Offering Notes (but not the Exchange Notes).

  • Subject to the satisfaction of the conditions set forth in Section 3 below, and in reliance on the representations and warranties contained in Section 5 below, Agent and Lenders hereby consent to the Offering Prepayment in lieu of the Borrower's obligation, pursuant to Section 2.20(b)(iii) of the Credit Agreement, to prepay the outstanding principal amount of the Obligations in an amount equal to one hundred percent (100%) of the Net Cash Proceeds received by Borrower as a result of the Offering.

  • For purposes of clarification, the Offering Prepayment shall be a Mandatory Prepayment under Section 2.20(b)(iii) of the Credit Agreement and shall be applied to the outstanding principal balance of the Term Loan in accordance with Sections 2.20(c) and 2.20(d).

Related to Offering Prepayment

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Discount Range Prepayment Offer means the written offer by a Lender, substantially in the form of Exhibit K, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.11(a)(ii)(C) substantially in the form of Exhibit K.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Borrower Offer of Specified Discount Prepayment means the offer by the Borrower to make a voluntary prepayment of Term Loans at a specified discount to par pursuant to Section 2.11(a)(ii)(B).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.