PPI Transaction definition

PPI Transaction means those transactions that have been initiated by the PPI Consumer and/or upon instructions by the PPI Consumer on the Platform and/or Website utilising the PPI Services;
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PPI Transaction means the substantially simultaneous consummation of the following transactions: (a) the issuance by the Trust of Preferred Participation Interests to Persons that are not Affiliates in exchange for cash in an aggregate amount not exceeding $300,000,000, (b) the issuance by the Trust of Common Participation Interests to the Designated Company in exchange for cash in an aggregate amount not exceeding $9,500,000, (c) the transfer of cash in an amount equal to the PPI Transaction Amount by the Trust to the Designated Company in exchange for the KDSM Senior Debentures, (d) the transfer of cash in an amount equal to the PPI Transaction Amount by the Designated Company to the Borrower in exchange for the Preferred Stock, (e) the Guarantee by the Borrower of payments by the Trust in respect of the Preferred Participation Interests as permitted by Section 9.08(j) hereof and (f) the other transactions contemplated by the PPI Offering Materials to be consummated substantially simultaneously with the transactions referred to in the foregoing clauses (a) through (e), all substantially as set forth in the PPI Offering Materials or as otherwise expressly agreed to by the Majority Lenders."
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PPI Transaction means the consummation on March 12, 1997 of the transactions described in Offering Memorandum dated March 5, 1997 for the issuance by the Trust of its 11 5/8% Preferred Participation Interests.
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Examples of PPI Transaction in a sentence

  • The Agent shall have received letters from ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇, P.A. and from ▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ permitting the Agent and the Lenders to rely on any opinions rendered by them in connection with the PPI Transaction.

Related to PPI Transaction

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Roll-Up Transaction means a transaction involving the acquisition, merger, conversion or consolidation either directly or indirectly of the Company and the issuance of securities of a Roll-Up Entity to the holders of Common Shares. Such term does not include:

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Acquisition Transaction means any transaction or series of transactions involving: