Reinvestment Event definition

Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.
Reinvestment Event means any Disposition or Recovery Event constituting a Prepayment Event in respect of which the Borrower has delivered a Reinvestment Notice.
Reinvestment Event means any Property Loss Event in respect of which the Borrower has delivered a Reinvestment Notice.

Examples of Reinvestment Event in a sentence

  • Pursuant to Section 9.01 of the Receivables Purchase Agreement, Centurion and RFC III have given prior notice of this Amendment to the Trustee and each Rating Agency, and Centurion has delivered to RFC III an Officer’s Certificate of Centurion, dated the date of this Amendment, stating that Centurion reasonably believes that this Amendment will not cause a Pay-Out Event or a Reinvestment Event.

  • Pursuant to Section 9.01 of the Receivables Purchase Agreement, FSB and RFC IV have given prior notice of this Amendment to the Trustee and each Rating Agency, and FSB has delivered to RFC IV an Officer’s Certificate of FSB, dated the date of this Amendment, stating that FSB reasonably believes that this Amendment will not cause a Pay-Out Event or a Reinvestment Event.

  • If a Reinvestment Notice has been delivered with respect to a Reinvestment Event, then on the relevant Reinvestment Prepayment Date an amount equal to the Reinvestment Prepayment Amount with respect to such Reinvestment Event shall be applied toward the prepayment of the Term Loan B Loans of each Term Loan B Lender that accepts an offer of such prepayment as set forth in Section 2.12(b).

  • Where this Indenture provides for notice to any Rating Agency, failure to give such notice shall not affect any other rights or obligations created hereunder and shall not under any circumstances constitute a Default, an Event of Default, an Early Redemption Event or a Reinvestment Event.

  • Executive will perform his duties and responsibilities to the best of his abilities.


More Definitions of Reinvestment Event

Reinvestment Event as defined in Section 2.11(c).
Reinvestment Event means, if applicable with respect to any Series, any Reinvestment Event specified in the related Indenture Supplement.
Reinvestment Event any Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.
Reinvestment Event means any Asset Sale in respect of which Issuer has delivered a Reinvestment Notice.
Reinvestment Event shall have the meaning specified in the Indenture.
Reinvestment Event means the receipt of Net Cash Proceeds with respect to any Asset Sale or Property Loss Event in respect of which the Borrower has delivered a Reinvestment Notice.
Reinvestment Event means any disposition of assets or Recovery Event in respect of which, so long as no Event of Default has occurred and is continuing, the Company has determined that it (directly or indirectly through the Parent or a Subsidiary) intends and expects to use all or a specified portion of the Net Cash Proceeds of such disposition of assets or Recovery Event to acquire or construct assets useful in its business.