Specified Prepayment definition

Specified Prepayment as defined in Section 6.8.
Specified Prepayment any prepayment to which the provi- sions of subsection 2.16 are applicable.
Specified Prepayment has the meaning specified in Section 7.14.

Examples of Specified Prepayment in a sentence

  • All prepayments under the Specified Prepayment Sections shall be accompanied by accrued but unpaid interest on the principal amount being prepaid to (but not including) the date of prepayment, plus any fees, losses, costs and expenses referenced in such Specified Prepayment Sections.


More Definitions of Specified Prepayment

Specified Prepayment means the application by the Borrower of the net cash proceeds of any Asset Sale to repay up to $172,000,000 of (a) the aggregate principal amount outstanding of the 2019 Notes or (b) amounts outstanding under the ABL Credit Agreement drawn to repay the aggregate principal amount outstanding of the 2019 Notes; provided, however, that the Specified Prepayment must occur on or prior to December 31, 2019.
Specified Prepayment means any voluntary prepayment of the Third-Party Term Loan Obligations (or any declaration of any such prepayment). “Springing Trigger Event” means if at any time Availability is less than the greater of (i) 12.5% of the Combined Line Cap (excluding the effect, if any, of any Term Pushdown Reserve), and (ii) $11,000,000. “Standard Letter of Credit Practice” means, for Issuing Bank, any domestic or foreign law or letter of credit practices applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as chosen in the applicable Letter of Credit. “Subject Holder” has the meaning specified therefor in Section 2.4(e)(v) of this Agreement. “Subsidiary” of a Person means a corporation, partnership, limited liability company, or other entity in which that Person directly or indirectly owns or controls the Equity Interests having ordinary voting power to elect a majority of the Board of Directors of such corporation, partnership, limited liability company, or other entity. “Supermajority Lenders” means, at any time, Revolving Lenders having or holding more than 66-2/3% of the aggregate Revolving Loan Exposure of all Revolving Lenders; provided, that (i) the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the determination of the Supermajority Lenders, and (ii) at any time there are two or more Revolving Lenders (who are not Affiliates of one another), “Supermajority Lenders” must include at least two Revolving Lenders (who are not Affiliates of one another or Defaulting Lenders). “Supported QFC” has the meaning specified therefor in Section 17.15 of this Agreement. “Swap Obligation” means, with respect to any Loan Party, any obligation to pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. “Swing Lender” means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Xxxxxx’s sole discretion, to become the Swing Lender under Section 2.3(b) of this Agreement.
Specified Prepayment has the meaning set forth in Section 2.06(c).
Specified Prepayment means the principal payment in respect of the Committed Loans in an amount at least equal to $8,157,000.00 occurring on or about July 30, 2021.
Specified Prepayment means any prepayment in part of the Notes or the U.S. Notes to the extent not made (i) out of the proceeds of the sale or - disposition of any Mortgaged Property, (ii) out of the proceeds from the -- enforcement of any Mortgage Document or U.S. Mortgage Document, (iii) out of --- amounts released from the Lien of any Mortgage Document (other than any Excess Reserved Amounts, to the extent that such Excess Reserved Amounts do not constitute Net Proceeds Allocable to Payee) or (iv) otherwise pursuant to any -- Mortgage Document.
Specified Prepayment. As defined in the Forward Purchase Agreement.
Specified Prepayment has the meaning specified in Section 2.03(b)(ii).