Target Debt Refinancing definition
Target Debt Refinancing means refinancing, repayment, redemption, defeasance or other discharge of the Existing Target Notes, the release and extinguishment of any liens and security interests securing such obligations and the release and extinguishment of any guarantees in respect of such obligations.
Target Debt Refinancing means the settlement and/or repayment in full, immediately after giving effect to the Acquisition of all Financing Debt (as defined in the Target Purchase Agreement) in connection with the other Transactions and the termination of all commitments to extend credit under any documentation governing such Financial Debt and the termination and/or release of any security interests and guarantees in connection therewith.
Target Debt Refinancing means the refinancing of the existing Indebtedness of Target and its Subsidiaries set forth on Schedule 1.1(a).
Examples of Target Debt Refinancing in a sentence
The Target Debt Refinancing shall have been consummated or, substantially concurrently with the funding of the initial Loans, shall occur, and Agent shall have received such payoff letters and Lien releases as it shall have reasonably requested with respect to the Target Debt Refinancing.