Temporary Excess Cash means cash proceeds received by the Company from the issuance of Subordinated Indebtedness permitted by Section 7.03(i), which cash (as set forth in a notice delivered by the Company to the Administrative Agent within five (5) Business Days of the Company’s receipt of such cash proceeds) is intended by the Company to be applied to the prepayment or purchase (whether by open market purchase or pursuant to a tender offer) of other Subordinated Indebtedness, but has not yet been so applied solely because the Company has not completed such prepayment, repurchase or refinancing, so long as such cash is so applied within six (6) months of receipt thereof.
Temporary Excess Cash means cash proceeds received by the Company from the issuance of Subordinated Indebtedness permitted by Section 7.03(i), Additional Unsecured Indebtedness permitted by Section 7.03(l) or Bridge Indebtedness permitted by Section 7.03(i), which cash (as set forth in a notice delivered by the Company to the Administrative Agent within five (5) Business Days of the Company’s receipt of such cash proceeds) is intended by the Company to be applied to the prepayment or purchase (whether by open market purchase or pursuant to a tender offer) of other Specified Permitted Unsecured Indebtedness, but has not yet been so applied solely because the Company has not completed such prepayment, repurchase or refinancing, so long as such cash is so applied within six (6) months of receipt thereof.
Temporary Excess Cash means cash proceeds received by the Company from the issuance of Subordinated Indebtedness permitted by Section 7.03(i), Additional Unsecured Indebtedness permitted by Section 7.03(i) or Bridge Indebtedness permitted by Section 7.03(i) which cash (as set forth in a notice delivered by the Company to the Administrative Agent within five (5) Business Days of the Company’s receipt of such cash proceeds) is intended by the Company to be applied to the prepayment or purchase (whether by open market purchase or pursuant to a tender offer) of other Specified Permitted Unsecured Indebtedness, but has not yet been so applied solely because the Company has not completed such prepayment, repurchase or refinancing, so long as such cash is so applied within six (6) months of receipt thereof.
More Definitions of Temporary Excess Cash
Temporary Excess Cash means cash proceeds received by the Company from the issuance of Additional Indebtedness permitted by Section 7.03(k) or Permitted Indenture Refinancing Indebtedness permitted by Section 7.03(h), (i) or (j), which cash (as set forth in a notice delivered by the Company to the Administrative Agent within five (5) Business Days of the Company’s receipt of such cash proceeds) is intended by the Company to be applied to the prepayment or purchase (whether by open market purchase or pursuant to a tender offer) of the Indenture Notes, but has not yet been so applied solely because the Company has not completed such prepayment, repurchase or refinancing, so long as such cash is so applied within 45 days of receipt thereof. To the extent and for so long as the cash proceeds described above are “Temporary Excess Cash”, the Indenture Notes intended to be repaid with the proceeds thereof shall be referred to herein as “Temporary Indebtedness”.
Temporary Excess Cash means cash proceeds received by the Company from the issuance of Subordinated Indebtedness permitted by Section 7.03(i) or Additional Unsecured Indebtedness permitted by Section 7.03(j), which cash (as set forth in a notice delivered by the Company to the Administrative Agent within five (5) Business Days of the Company’s receipt of such cash proceeds) is intended by the Company to be applied to the prepayment or purchase (whether by open market purchase or pursuant to a tender offer) of other Subordinated Indebtedness or Additional Unsecured Indebtedness, but has not yet been so applied solely because the Company has not completed such prepayment, repurchase or refinancing, so long as such cash is so applied within six (6) months of receipt thereof.
Temporary Excess Cash means cash proceeds received by the Company from the issuance of Additional Indebtedness permitted bySection 7.03(k) or (l) or Permitted Indenture