Rescue Refinancing definition
Rescue Refinancing means any Refinancing which takes place due to the failure or prospective failure of Project Co to comply with any material financial obligation under the Lending Agreements, or any of them, which does not increase any liability of the City, whether actual or potential.
Rescue Refinancing means a Refinancing that meets the Rescue Refinancing Conditions;
Rescue Refinancing means any Refinancing (other than a Qualifying Refinancing) which occurs after the occurrence of:
Examples of Rescue Refinancing in a sentence
If Developer believes the Refinancing is an Exempt Refinancing or Rescue Refinancing, it shall concurrently provide Notice to IFA that Developer considers the Refinancing to be an Exempt Refinancing or Rescue Refinancing.
Developer shall include in such Notice facts to support the basis on which Developer believes the Refinancing is an Exempt Refinancing or Rescue Refinancing.
The Concessionaire shall notify RTD of any Qualifying Refinancing at least 45 days in advance before such Qualifying Refinancing is proposed to become effective; provided that where such Qualifying Refinancing is also a Rescue Refinancing, the Concessionaire shall so notify RTD at least 21 days in advance.
More Definitions of Rescue Refinancing
Rescue Refinancing has the meaning given in Schedule 28 – Refinancing.
Rescue Refinancing means any Refinancing which takes place due to the failure or prospective failure of Project Co to comply with any material financial obligation under the Senior Financing Agreements, or any of them, which does not increase any liability of HMQ, whether actual or potential;
Rescue Refinancing means any amendment to the Supplemental Funding Documents entered into by the Contractor or any increase in borrowing whose principal purpose is to avoid or cure as the case may be:
Rescue Refinancing means a Refinancing by the Lenders upon the occurrence of a Designated Credit Agreement Event of Default.
Rescue Refinancing means a Refinancing the purpose of which is as described in clause 44.5(a)45.5(a).
Rescue Refinancing means any refinancing, rescheduling, novation, substitution, replacement or other refinancing of the liabilities and obligations under the Funding Agreements when an event has occurred, which with the giving of notice and/or effluxion of time would constitute an [Event of Default] (as defined in the [Senior Credit Providers’ Agreement]), or an event of Force Majeure has occurred and is continuing, the principal purpose of such refinancing being to remedy and address such [Event