Specified Intercompany Loans definition

Specified Intercompany Loans means any intercompany loan evidenced by a promissory note, an intercompany loan agreement or similar debt instrument made by the Issuer to the PIK Toggle Issuer used to consummate a Permitted Deleveraging Transaction so long as the net cash proceeds from such intercompany loan are used by the PIK Toggle Issuer to purchase or acquire such PIK Toggle Notes at or below par (and pay related fees and expenses) and it results in cancellation thereof and are not used for any other purpose.
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Specified Intercompany Loans means any intercompany loan evidenced by a promissory note, an intercompany loan agreement or similar debt instrument made by the Borrower to the PIK Toggle Issuer used to consummate a Permitted Deleveraging Transaction so long as (1) the net cash proceeds from such intercompany loan are used by the PIK Toggle Issuer to purchase or acquire such PIK Toggle Notes at or below par (and pay related professional fees and expenses) and it results in cancellation thereof and are not used for any other purpose; and (2) to the extent such cash proceeds are cash proceeds from the Loans, such cash proceeds are used, within 120 days after the Closing Date, to consummate the Permitted Deleveraging Transaction as described in clause (1) of the definition “Permitted Deleveraging Transactions”.
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Specified Intercompany Loans means intercompany loans owing at any time by DGHL to DL and/or to one or more of DL’s Subsidiaries, and any intercompany receivables, rights and/or claims that DL or any of its Subsidiaries have or may have at any time in respect of any Future DPL Sale Proceeds or any remaining assets DGHL, and/or against DGHL, and includes the Specified Intercompany Loans referred to (and as defined) in Annex IV to the Proxy Statement under the heading “Description of the Exit Preferred Shares.”
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More Definitions of Specified Intercompany Loans

Specified Intercompany Loans means the notes, loan agreements and other instruments evidencing Indebtedness described on Schedule 1.01(D).
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Specified Intercompany Loans means any intercompany loan evidenced by a promissory note, an intercompany loan agreement or similar debt instrument made by the Borrower to the PIK Toggle Issuer used to consummate a Permitted Deleveraging Transaction so long as (1) the net cash proceeds from such intercompany loan are used by the PIK Toggle Issuer to purchase or acquire such PIK Toggle Notes at or below par (and pay related professional fees and expenses) and it results in cancellation thereof and are not used for any other purpose; and (2) to the extent such cash proceeds are cash proceeds from the Loans, such cash proceeds are used, within 120
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Specified Intercompany Loans means one or more loans (including revolving loans) made by Holdings or any of its Subsidiaries to AmCo TopCo or any of its Subsidiaries in an aggregate principal amount not to exceed $30,000,000 at any time.
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Specified Intercompany Loans means any intercompany loan evidenced by a promissory note, an intercompany loan agreement or similar debt instrument made by the Borrower to the PIK Toggle Issuer used to consummate a Permitted Deleveraging Transaction so long as (1) the net cash proceeds from such intercompany loan are used by the PIK Toggle Issuer to purchase or acquire such PIK Toggle Notes at or below par and it results in cancellation thereof and are not used for any other purpose; and (2) to the extent such cash proceeds are cash proceeds from the Loans, such cash proceeds are used, within 120 days after the Closing Date, to consummate the Permitted Deleveraging Transaction as described in clause (1) of the definition “Permitted Deleveraging Transactions”.
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Related to Specified Intercompany Loans

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party and (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Tax Receivable Agreements means this Agreement, the Investors Tax Receivable Agreement (Exchanges) and the Management Tax Receivable Agreement.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by the Acquired Companies, on the one hand, from Seller or any of its Affiliates (other than the Acquired Companies), on the other hand.

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Anticipation Notes means the following Municipal Bonds: revenue anticipation notes, tax anticipation notes, tax and revenue anticipation notes, grant anticipation notes and bond anticipation notes.

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Seller Notes means the series of unsecured, subordinated promissory notes in the initial aggregate principal amount of $100 million issued to Globetrotter Co-Investment B LP and to the selling equity holders of Lakeland Holdings, LLC (including the intragroup back-to-back notes issued by certain Debtors to other Debtors related thereto) and the guarantees provided by Lakeland Seller Finance, LLC in respect thereof, in connection with that certain Sale and Merger Agreement dated as of November 8, 2017, by and among WS Holdings Acquisition, Inc., as Purchaser, WS Holdings, Inc. as Blocker Corp., Lakeland Holdings, LLC as the Company, Lakeland Merger Sub II, LLC as Merger Sub, Globetrotter Co-Investment B LP as Blocker Seller and, solely in its capacity as Representative in accordance with the terms of the Sale and Merger Agreement, Metalmark Management II LLC.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Specified Acquisition Agreement Representations means such of the representations and warranties made by, or with respect to, the Company and its Subsidiaries in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates has the right to terminate its (or their) obligations under the Acquisition Agreement, or decline to consummate the Acquisition in accordance with the terms of the Acquisition Agreement, as a result of a breach of such representations and warranties.

  • Tax Receivable Agreement means the Tax Receivable Agreement, dated on or about the date hereof, among the Managing Member and the Holdings Unitholders (as defined in the Exchange Agreement) from time to time party thereto, as it may be amended or supplemented from time to time.