Definition of Tender Premium

  1. Tender Premium means, as of any date, the amount described in clause (y)(A) of the second sentence of the definition of "Funded Indebtedness" as of such date, other than the unpaid principal amount of, and accrued and unpaid interest on, the Senior Notes as of such date.

Examples of Tender Premium in a sentence

  1. (a) The proceeds of the Term Loans, together with the proceeds of the Revolving Facility Loan, shall be utilized by the Borrowers on the Effective Date solely to (i) pay the Debt Tender Premium and other fees and expenses incurred in connection with the Transaction in an aggregate amount not to exceed $35,000,000 (the "Transaction Costs"), (ii) consummate the Debt Tender Offer and (iii) pay the Existing Credit Agreement Indebtedness.

Definition of Tender Premium in Plan of Merger

Tender Premium means, as of any date, the amount described in clause (y)(A) of the second sentence of the definition of "Funded Indebtedness" as of such date, other than the unpaid principal amount of, and accrued and unpaid interest on, the Senior Notes as of such date.