Reply Discount definition

Reply Discount has the meaning specified in the definition ofDutch Auction.”
Reply Discount shall have the meaning assigned to such term in Section 2.12(e).
Reply Discount as defined in Section 5.19(b).

Examples of Reply Discount in a sentence

  • If a Participating Lender has submitted a Return Bid containing multiple bids at different Reply Discounts, only the bid with the highest Reply Discount that is equal to or more than the Applicable Discount will be deemed the Qualifying Bid of such Participating Lender.

  • In no event shall any purchase of Term Loans in an Auction be made at a Reply Discount lower than the Applicable Discount for such Auction.


More Definitions of Reply Discount

Reply Discount has the meaning assigned to such term in Section 3.04(d)(ii).
Reply Discount as defined in Section 2.12(c)(ii).
Reply Discount has the meaning specified in the definition ofDutch Auction.” “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30-day notice period has been waived. “Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Loans, a Committed Loan Notice, and (b) with respect to an L/C Credit Extension, a Letter of Credit Application. “Required Facility Lenders” of any Tranche means (x) in respect of any Revolving Tranche, the Required Revolving Lenders in respect of such Revolving Tranche, and (b) in respect of any other Tranche, those Non-Defaulting Lenders which would constitute the Required Lenders under, and as defined in, this Agreement if all outstanding Obligations of the other Tranches under this Agreement were repaid in full and all Commitments with respect thereto were terminated. “Required Lenders” means, as of any date of determination, Lenders having more than 50% of the sum of the (a) Total Outstandings, with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations and Swingline Loans being deemed “held” by such Lender for purposes of this definition, (b) aggregate unused Term Commitments and (c) aggregate unused Revolving Credit Commitments; provided that the unused Term Commitments of, unused Revolving Credit Commitments of and the portion of the Total Outstandings held or deemed held by (x) any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders (provided that the amount of any participation in any Swingline Loan or Unreimbursed Amount that such Defaulting Lender has failed to fund that has not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swingline Lender or applicable L/C Issuer, as the case may be, in making
Reply Discount shall have the meaning set forth in Section 2.5(a)(iii).
Reply Discount as defined in Section 3.18(b).
Reply Discount has the meaning specified in the definition ofDutch Auction.” “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA or the regulations issued thereunder, other than events for which the 30-day notice period has been waived. “Repricing Event” means (i) any prepayment or repayment of the InitialTranche B Term Loans, in whole or in part, with the proceeds of, or conversion of any portion of the InitialTranche B Term Loans into, any new or replacement tranche of syndicated term loans under credit facilities incurred for the primary purpose of repaying, refinancing, or replacing InitialTranche B Term Loans with loans bearing interest with an All-in Yield less than the All-in Yield applicable to such portion of the InitialTranche B Term Loans (as such comparative yields are determined in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices) and (ii) any amendment to the Tranche B Term FacilityLoans which reduces the All-in Yield applicable to the InitialTranche B Term Loans; provided that a Repricing Event shall not include any event described above that is not

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