PARENT CPEC definition
PARENT CPEC means convertible preferred equity certificates issued by Parent having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Final Maturity Date; provided that cash distributions and/or payments may be made thereon only to the extent permitted by Section 6.02(b)(iv) or 6.02(b)(viii)(A).
PARENT CPEC means convertible preferred equity certificates issued by Parent having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Term Loan Maturity Date, provided that cash distributions and/or payments may be made thereon only to the extent permitted by Section 6.06(b) or (c). "Parent Guarantee and Pledge Agreement" shall mean the Parent Guarantee and Pledge Agreement, as amended, supplemented or otherwise modified from time to time, substantially in the form of Exhibit G between Parent and the Collateral Agent, pursuant to which Parent guarantees the Obligations of the Subsidiary Borrowers and, if Parent remains the parent corporation of US Holdco after the Restructuring Date, of US Holdco, as Term Borrower, and pledges the CAC Note and the stock of US Holdco to secure its Obligations and such guarantee, with such guarantee and pledge agreement to terminate on the Restructuring Date if Parent ceases to be the parent company of US Holdco at such time.
PARENT CPEC means convertible preferred equity certificates issued by Parent having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Term Loan Maturity Date, PROVIDED that cash distributions and/or payments may be made thereon only to the extent permitted by Section 6.06(b) or (c). "PARENT GUARANTEE AND PLEDGE AGREEMENT" shall mean the Parent Guarantee and Pledge Agreement, as amended, supplemented or otherwise modified from time to time, substantially in the form of EXHIBIT G between Parent and the Collateral Agent, pursuant to which Parent guarantees the Obligations of the Subsidiary Borrowers and, if Parent remains the parent corporation of US Holdco after the Restructuring Date, of US Holdco, as Term Borrower, and pledges the CAC Note and the stock of US Holdco to secure its Obligations and such guarantee, with such guarantee and pledge agreement to terminate on the Restructuring Date if Parent ceases to be the parent company of US Holdco at such time.