Qualifying Refinancing means any Refinancing that will give rise to a Refinancing Gain greater than zero that is not an Exempt Refinancing;

Qualifying Refinancing means any refinancing, replacement, renewal, modification, restatement, substitution, supplement, reissuance, resale or extension of any Specified Contract that does not contain provisions restricting the ability of the Company to make dividends or distributions that are not, taken as a whole, more restrictive than the most restrictive of such provisions contained in a Specified Contract as of the date of this Agreement.

Qualifying Refinancing means any Refinancing of any Secured Obligations that is not prohibited by the Primary Secured Instruments.

Examples of Qualifying Refinancing in a sentence

The Authority’s share will be calculated as at the time of each Qualifying Refinancing.
Developer shall obtain the Authority’s prior written consent to any Qualifying Refinancing.
The Authority shall (before, during and at any time after any Refinancing) have unrestricted rights of audit over any financial model and documentation (including any aspect of the calculation of the Refinancing Gain) used in connection with that Refinancing whether the Refinancing is a Qualifying Refinancing or not.
The Authority will be entitled to receive a 50% share of any Refinancing Gain arising from a Qualifying Refinancing.
If Project Co intends to undertake a Qualifying Refinancing or a Planned Refinancing, Project Co will notify the Authority of such intention at least 120 days (or such later date agreed by the Authority, acting reasonably) before the anticipated completion date of such Refinancing and will include with such notice all applicable information then available to Project Co (including any of the information set out below in this Section 5.4 if and to the extent available to Project Co at that time).

More Definitions of Qualifying Refinancing

Qualifying Refinancing means any Refinancing that will give rise to a Refinancing Gain that is not an Exempt Refinancing.

Qualifying Refinancing means one or more refinancings of Financed Properties with an aggregate principal amount of not less than $200 million, which refinancings consist of term loans and/or term securitization transactions that are conducted pursuant to either a Rule 144A or a registered public offering, or a similar form of securitization transaction that is reasonably acceptable to the Administrative Agent and to which the Majority Lenders do not object within five (5) Business Days after the Lenders are notified thereof.

Qualifying Refinancing any Refinancing that will give rise to a Refinancing Gain greater than zero that is not an Exempt Refinancing "Qualifying Variation" either:-

Qualifying Refinancing any Refinancing that will give rise to a Refinancing Gain that is not an Exempt Refinancing

Qualifying Refinancing means any Refinancing that will give rise to a Refinancing Gain greater than zero that is not an Exempt Refinancing; Qualifying Variation means either a) a change in the New Works and/or the O&M Works in respect of which either a Scottish Ministers Notice of Change or a Company Notice of Change has been served and: i) in the case of a Scottish Ministers Notice of Change, the Scottish Ministers have confirmed the Estimate and, where the Company is not funding all or part of the required Capital Expenditure, the Scottish Ministers have agreed to meet all or the remaining part (as appropriate) of such Capital Expenditure; and

Qualifying Refinancing means any Refinancing that will give rise to a Refinancing Gain greater than zero that is not an Exempt Refinancing; Real Equity IRR means the projected blended rate of return to the Shareholders over the full Contract Period, having regard to Distributions made and projected to be made as set out in cell E13 of tab "A02_Inputs" of the Effective Date Financial Model (as updated from time to time in the Pre Variation Financial Model);