Specified Terms definition

Specified Terms those terms and conditions of the Subsidiary Loan Documents that (a) are defined in the Loan Documents with reference to a definition in the Mortgage Loan Documents, and any constituent definitions component thereof, (b) relate to the definition ofCash Trap Event” (as defined in the Mortgage Loan Document), the result of an occurrence of a Cash Trap Event including the application of funds therefrom and any constituent definitions component thereof, including, without limitation, the percentage of “Debt Yield” (as defined in the Mortgage Loan Agreement) used for purposes of calculating a “Debt Yield Trigger Event” (as defined in the Mortgage Loan Agreement), and (c) upon any amendment, supplement or modification thereof, would result in the aggregate principal amount of Indebtedness under the Subsidiary Loan Documents being greater than such Indebtedness immediately prior to such amendment, supplement or modification. Notwithstanding the above, after the occurrence and during the continuation of a Trigger Event or Adjusted Trigger Event, terms and conditions of the Subsidiary Loan Documents related to the restriction on amendment, termination or other modification or waiver of the Operating Lease, including Section 5.2.12 of the Mortgage Loan Agreement shall be deemed to be “Specified Terms” for the purpose of this definition.
Specified Terms means the contract terms specified in the direction.
Specified Terms those terms and conditions of the Subsidiary Loan Documents that (a) are defined in the Loan Documents with reference to a definition in the Mortgage Loan Documents, and any constituent definitions component thereof as used therein, (b) relate to the definition ofCash Trap Event” (as defined in the Mortgage Loan Agreement), the result of an occurrence of a “Cash Trap Event” under the Mortgage Loan Agreement including the application of funds therefrom and any constituent definitions component thereof as used therein, including, without limitation, the percentage of “Debt Yield” (as defined in the Mortgage Loan Agreement) used for purposes of calculating a “Debt Yield Trigger Event” (as defined in the Mortgage Loan Agreement) or (c) relate to (i) Holdings’ and the Borrower’s ability to directly and indirectly pledge the Capital Stock of the Mortgage Loan Parties to secure the Obligations or the ability to foreclose (or accept a conveyance in lieu of foreclosure) of such Capital Stock (except to the extent such Capital Stock constitutes Excluded Property other than due to the terms of the Subsidiary Loan Documents) or (ii) the ability of any direct or indirect Subsidiary of the Borrower (other than a Subsidiary that constitutes an Excluded Subsidiary other than due to the terms of the Subsidiary Loan Documents) that directly or indirectly owns any Capital Stock in a Mortgage Loan Party to guaranty the Obligations.

Examples of Specified Terms in a sentence

  • All information in Vendor Specified Terms shall be provided without fail to avoid unnecessary correspondence / delay in process.

  • Bidders are expected to comply with commercial and other terms and conditions given in Vendor Specified Terms of this tender.

  • In case of any difference between General Terms & Conditions enclosed and Terms & Conditions specific to this tender i.e. technical specifications & Vendor Specified Terms, Terms and Conditions specific to this tender will prevail.

  • In case of any difference between General Terms & Conditions enclosed and Terms & Conditions specific to this tender i.e. technical specifications & Vendor Specified Terms, terms and conditions specific to this tender will prevail.

  • In case of any deviation, the reasons thereof should be clearly specified in the Vendor Specified Terms column.


More Definitions of Specified Terms

Specified Terms has the meaning set forth in Section 2.5(b).
Specified Terms has the meaning set forth in Section 9.4(b) of the Agreement.
Specified Terms means the terms set forth on Section 8.12(yy) of the Company Disclosure Letter.
Specified Terms means restrictions of the type listed in subclauses (1) through (4) of Section 7.17(b).
Specified Terms means the terms set forth in Rule 404(a)(6)(i).
Specified Terms has the meaning set forth in Section 11.5.
Specified Terms means the specified terms agreed between the Borrower and the Lender in respect of the Loan and detailed in the Schedule.