Subject Proceeds definition
Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).
Subject Proceeds has the meaning specified in Section 2.03(b)(ii).
Subject Proceeds has the meaning specified in Section 5.4(c)(iii).
Examples of Subject Proceeds in a sentence
The Borrower shall promptly notify the Administrative Agent of the receipt by the Parent or its Subsidiaries of any such Subject Proceeds and the Administrative Agent will promptly notify each Lender of its receipt of each such notice.
More Definitions of Subject Proceeds
Subject Proceeds means any Subject Refinancing Proceeds and/or Subject Disposition Proceeds.
Subject Proceeds shall have the meaning given to such term in Section 2.06(f).
Subject Proceeds shall have the meaning assigned to that term in Section 2.1.4 hereof.
Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii). LEGAL_US_E # 159035042.9
Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii). “Subject Transaction” means:
Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii). “Subject Transaction” means (a) the Transactions, (b) any Permitted Acquisition or any other acquisition, whether by purchase, merger or otherwise, of all or substantially all of the assets of, or any business line, unit or division of, any Person or of a majority of the outstanding Capital Stock of any Person (including (i) to the extent applicable, any Investment in (A) any Restricted Subsidiary the effect of which is to increase the Borrower’s or any Restricted Subsidiary’s respective equity ownership in such Restricted Subsidiary or (B) any joint venture for the purpose of increasing the Borrower’s or its relevant Restricted Subsidiary’s ownership interest in such joint venture and (ii) and any transaction resulting in any Person that was not previously a Restricted Subsidiary becoming a Restricted Subsidiary or being merged, amalgamated or consolidated with or into the Borrower or a Restricted Subsidiary), in each case that is not prohibited by this Agreement, (c) any Disposition of all or substantially all of the assets or Capital Stock of any subsidiary (or any business unit, line of business or division of the Borrower or a Restricted Subsidiary) not prohibited by this Agreement, (d) the designation of a Restricted Subsidiary as an Unrestricted Subsidiary or an Unrestricted Subsidiary as a Restricted Subsidiary in accordance with Section 5.10 hereof[reserved], (e) any incurrence or repayment (or redemption, repurchase or other retirement) of Indebtedness and/or (f) any other event that by the terms of the Loan Documents requires pro forma compliance with a test or covenant hereunder or requires such test or covenant to be calculated on a pro forma basis.
Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii). “Subject Transactions” has the meaning ascribed to such term in the definition of “Pro Forma Basis”. “Subordinated Indebtedness” means any Indebtedness of the Lead Borrower or any of its Restricted Subsidiaries that is expressly subordinated in right of payment to the Obligations. “Subsidiary” or “Subsidiaries” or “subsidiary” means, with respect to any Person, any corporation, partnership, limited liability company, association, joint venture or other business entity of which more than 50% of the total voting power of stock or other ownership interests entitled (without regard to the occurrence of any contingency) to vote in the election of the Person or Persons (whether directors, trustees or other Persons performing similar functions) having the power to direct or cause the direction of the management and policies thereof is at the time owned or controlled, directly or indirectly, by such Person or one or more of the other subsidiaries of such Person or a combination thereof; provided that in determining the percentage of ownership interests of any Person controlled by another Person, no ownership interests in the nature of a “qualifying share” of the former Person shall be deemed to be outstanding. Unless otherwise specified, “subsidiary” means any subsidiary of the Lead Borrower. “Subsidiary Guarantor” means (x) on the Closing Date, each subsidiary of the Lead Borrower (other than any subsidiary that is an Excluded Subsidiary on the Closing Date) and (y) thereafter, each subsidiary of the Lead Borrower that guarantees the Secured Obligations pursuant to -75- #96942867v160458181 #96942867v1