Permitted Reinvestment Transaction definition

Permitted Reinvestment Transaction means either (a) a ---------------------------------- Subsequent Acquisition permitted under Section 9.05(e)(iii) or a Capital Expenditure permitted under Section 9.05(b), or (b) a reimbursement of the Borrower or any Subsidiary for monies expended by the Borrower or a Subsidiary within the previous 180 days with respect to any such acquisition or Capital Expenditure.
Sample 1Sample 2
Permitted Reinvestment Transaction means (a) the acquisition, by merger or otherwise, by the Borrower or any of the Subsidiaries of any assets (including any assets constituting a business unit, line of business or division) or Equity Interests, so long as (i) the Acquisition Conditions are satisfied and (ii) such acquisition is funded solely with Reinvestment ​ ​ Proceeds or (b) to the extent the Payment Conditions are satisfied at the time of making thereof, the making by the Borrower or any of its Subsidiaries of any Capital Expenditures funded solely with Reinvestment Proceeds.
Sample 1Sample 2

Examples of Permitted Reinvestment Transaction in a sentence

  • If in the event that, as contemplated by Section 2.10(e), the Borrower shall prepay Facility A Revolving Credit Loans from the proceeds of a Disposition, then an amount of Facility A Revolving Credit Commitments equal to the amount of such prepayment (herein the "Reserved Commitment Amount") shall be -------------------------- reserved and shall not be available for borrowings hereunder except and to the extent that the proceeds of such borrowings are to be applied to a Permitted Reinvestment Transaction.

Related to Permitted Reinvestment Transaction

  • Co-Investment Transaction means any transaction in which one or more Regulated Funds (or its Wholly-Owned Investment Sub (defined below)) participated together with one or more Affiliated Funds and/or one or more other Regulated Funds in reliance on the Order.

  • Permitted Acquisition means any acquisition by Borrower or any of its wholly-owned Subsidiaries, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all of the Equity Interests of, or a business line or unit or a division of, any Person; provided that:

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Securitization Transaction Any transaction involving either (1) a sale or other transfer of some or all of the Mortgage Loans directly or indirectly to an issuing entity in connection with an issuance of publicly offered or privately placed, rated or unrated mortgage-backed securities or (2) an issuance of publicly offered or privately placed, rated or unrated securities, the payments on which are determined primarily by reference to one or more portfolios of residential mortgage loans consisting, in whole or in part, of some or all of the Mortgage Loans.