Replacement Financing definition

Replacement Financing has the meaning set forth in Section 6.20(d).

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Replacement Financing has the meaning set forth in Section 5.9(b).

Replacement Financing means any Alternative Financing or other debt financing, including the offering of debt securities, undertaken by Parent or its Subsidiaries for the purpose of funding the Merger and the other Transactions, the net cash proceeds of which are or will be, together with cash and cash equivalents available to Parent, sufficient to pay the Required Amount and will be provided to (and used by) Parent to consummate the Transactions in accordance with the terms of this Agreement.

Examples of Replacement Financing in a sentence

The representations, warranties, covenants and other restrictions of Parent and Merger Sub contained in this Agreement with respect to the Financing and the Debt Commitment Letter shall apply equally to any Replacement Financing and Replacement Financing Documents.
The Borrower shall be responsible for the payment of any customary commitment fee and other fees in connection with obtaining a Replacement Financing Arrangement.
For purposes of this Section, diligent negotiation shall mean negotiation in good faith and without denial or unreasonable delay of any reasonable request by any such bank for information in connection with its consideration of providing a Replacement Financing Arrangement to Borrower.
Following receipt of the Extension Certificate, the Agent and/or the Lenders shall have the right (without any obligation to do so) to obtain for the Borrower a Replacement Financing Arrangement on terms equal to or better than those provided hereunder.
For the avoidance of doubt, nothing herein is intended to prevent Borrower from obtaining a Replacement Financing Arrangement on terms equal to or better than those provided hereunder.

More Definitions of Replacement Financing

Replacement Financing has the meaning assigned to such term in Section 2.20(a).

Replacement Financing has the meaning assigned to such term in Section 6.3(a).

Replacement Financing means any financing, including from alternative sources, in an amount (together with any remaining Financing and other financial resources of the Buyer including unrestricted cash, cash equivalents and marketable securities of the Buyer on the Closing Date) sufficient to consummate the transactions contemplated by this Agreement and the Ancillary Agreements, so long as (unless the Seller provides prior consent) such financing shall not (i) reduce the aggregate amount of the Financing available on the Closing Date from that contemplated in the Financing Commitments, (ii) expand upon the conditions precedent to the Financing as set forth in the Financing Commitments or (iii) be reasonably expected to prevent, impede or delay the consummation of the transactions contemplated by this Agreement or the Ancillary Agreements.

Replacement Financing means a refinancing (satisfying all of the requirements of Section 5.02(b)(x)) by the Loan Parties of all (but not less than all) of the principal amount outstanding under the First Lien Loan Documents and the termination of all of the First Lien Loan Documents upon the consummation of such refinancing, in connection with which the Loan Parties may incur additional Debt in excess of the amount necessary to refinance the entire amount of the First Lien Loan Documents up to the aggregate amount specified in Section 5.02(b)(x).

Replacement Financing means a refinancing (satisfying all of the requirements of Section 5.02(b)(ix)) by the Loan Parties of (a) first, all (but not less than all) of the principal amount outstanding under the First Lien Loan Documents and the termination of all of the First Lien Loan Documents upon the consummation of such refinancing and (b) thereafter, all (or such lesser amount as shall be acceptable to the Required Lenders under and as defined in the Second Lien Loan Documents) of the principal amount outstanding under the Second Lien Loan Documents and if paid in full in cash, the termination of all of the Second Lien Loan Documents upon the consummation of such refinancing.

Replacement Financing shall have the meaning ascribed to it in Section 5.1(e).

Replacement Financing means debt financing which will result in net proceeds in the same amount as the amount committed to in the Commitment Letter and on terms and conditions not materially less favorable to DigitalGlobe or the Surviving Corporation than those set forth in the Commitment Letter.