Specified Contribution definition

Specified Contribution shall have the meaning set forth in Section 6.5(d).

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Specified Contribution means (a) an equity contribution made by holders of Capital Stock in the Issuer or (b) the issuance of Junior Indebtedness, in either case, the proceeds of which are used in accordance with the provisions set forth in Section 8.13.

Specified Contribution has the meaning set forth in Section 8.04.

Examples of Specified Contribution in a sentence

Upon timely receipt by Agent in cash of the applicable Specified Contribution and application of the Specified Contribution to the Obligations, the applicable Curable Defaults shall be deemed waived.
Notwithstanding the foregoing, Loans and Letters of Credit shall not be available during (x) any Specified Contribution Period unless and until such time as a Specified Equity Contribution has been made and (y) any Representation Cure Period unless and until the applicable curable representation and warranty Default has been cured within the 30 day grace period set forth in Section 8.01(c).
Upon timely receipt by the Borrowers in cash of the applicable Specified Contribution and payment of the mandatory prepayment pursuant to the terms of this Agreement, the applicable Events of Default shall be deemed waived.
Subject to Section 2.4(f)(ii), concurrently with receipt by Borrower of a Specified Contribution, Borrower shall prepay the outstanding principal amount of the Term Loan in accordance with Section 2.4(f)(i) in an amount equal to 100% of such Specified Contribution.
Upon Holdings’ receipt of such Specified Contribution, the Financial Covenant shall be deemed to be satisfied and complied with as of the end of the relevant Fiscal Quarter with the same effect as though there had been no failure to comply with the Financial Covenant and any Default or Event of Default under such Financial Covenant shall be deemed not to have occurred for purposes of the Loan Documents.

More Definitions of Specified Contribution

Specified Contribution shall have the meaning assigned to such term in Section 6.3.

Specified Contribution has the meaning specified therefor in Section 7(b) of the Agreement.

Specified Contribution has the meaning assigned to such term in Section 7.02.

Specified Contribution has the meaning set forth in Section 10.4.

Specified Contribution has the meaning set forth in paragraph 1D. ----------------------

Specified Contribution as defined in Section 8.3.

Specified Contribution means at any time, without duplication, the amount of cash proceeds received by the Borrower from (x) an issuance of Equity Interests (other than Disqualified Equity Interests), (y) a cash capital contribution or (z) the incurrence of Subordinated Shareholder PIK Loans (such cash proceeds not to be less than the principal amount of such Subordinated Shareholder PIK Loans), which is made for the exclusive purpose of curing a failure to comply with Section 6.11(b) or Section 6.11(c) that would otherwise occur, but for the exercise of a Cure Right pursuant to Section 7.02(a).