used as a verb has a corresponding meaning.
used as a verb has a corresponding meaning. The term "Guarantor" shall mean any Person Guaranteeing any obligation.
used as a verb means, when used with respect to an entity, the ability, directly or indirectly through one or more intermediaries, to direct or cause the direction of the management and policies of such entity through (i) the legal or beneficial ownership of voting securities or membership interests; (ii) the right to appoint managers, directors or corporate management; (iii) contract; (iv) operating agreement; (v) voting trust; or otherwise; and, when used with respect to a person, means the actual or legal ability to control the actions of another, through family relationship, agency, contract or otherwise; and "Control" used as a noun means an interest which gives the holder the ability to exercise any of the foregoing powers.
More Definitions of used as a verb
used as a verb has a corresponding meaning. The term "GUARANTOR" shall mean any Person Guaranteeing any obligation.
used as a verb has a corresponding meaning. The term "Guarantor" shall mean any person Guaranteeing any obligation.
used as a verb has a corresponding meaning. For purposes of the definitions of "Non-Recourse Subsidiary," "Unrestricted Subsidiary" and "Restricted Payment" and for purposes of Section 4.04, any property transferred to a Non-Recourse Subsidiary or an Unrestricted Subsidiary shall be valued at its fair market value at the time of such transfer, in each case as determined in good faith by the Board of Managers of the Company (or of RCPC in the case of a Non-Recourse Subsidiary), and if such property so transferred (including in a series of related transactions) has a fair market value, as so determined by such Board of Managers, in excess of $10 million, such determination shall be confirmed by an independent appraiser.
used as a verb has a corresponding meaning. For purposes hereof, the amount of any Guarantee shall be deemed to be equal to the lesser of (i) any stated amount of the guarantee or (ii) the outstanding amount of the obligation directly or indirectly guaranteed.
used as a verb has a corresponding meaning. "Hazardous Substances" shall mean all hazardous and toxic substances, --------- ---------- wastes or materials, hydrocarbons (including naturally occurring or man-made petroleum and hydrocarbons), flammable explosives, urea formaldehyde insulation. radioactive materials. biological substances, PCBs, pesticides, herbicides and any other kind and/or type of pollutants, or contaminates and/or any other similar substances or materials which, because of toxic, flammable, explosive, corrosive, reactive, radioactive or other properties that may be hazardous to human health or the environment, are included under or regulated by any Environmental Laws. "Indebtedness" of any Person at any date shall mean, la) all ------------- indebtedness of such Person for borrowed money or for the deferred purchase price of property or services (excluding current trade liabilities Incurred in the ordinary course of business and payable in accordance with customary practices, but including any class of capital stock of such Person with fixed payment obligations or with redemption at the option of the holder), or which is evidenced by a note, bond, debenture or similar instrument, (b) all obligations of such Person under leases that should be treated as capitalized leases in accordance with GAAP, (c) all obligations of such Person in respect of acceptances issued or created for the account of such Person, and all reimbursement obligations (contingent or otherwise) of such Person in respect of any letters of credit issued for the account of such Person, and (d) all liabilities secured by any Lien on any property owned by such Person even though such Person has not assumed or otherwise become liable for the payment thereof. "Intellectual Property" shall have the meaning specified in Section ------------ --------- 5.16. "Investments" means, with respect to any Person (the "Investor"), (a) ----------- any investment by the Investor in any other Person, whether by means of share purchase, capital contribution, purchase or other acquisition of a partnership or joint venture interest, loan, time deposit, demand deposit or otherwise and (b) any Guarantee by the Borrower of any Indebtedness or other obligation of any other Person. "Letter of Credit" means any commercial letter of credit or standby ------ -- ------ letter of credit issued by the Bank for the account of the Borrower as provided in this Agreement. "Letter of Credit Usage" means, at any time. the ag...
used as a verb has a corresponding meaning. "Interest Period" means: (1) with respect to each CD Loan, at the Borrower's option, the period commencing on the date of such Loan and ending 30, 60, 90 or 180 days thereafter, (2) with respect to each Eurodollar Loan, at the Borrower's option, the period commencing on the date of such Loan and ending one, two, three or six months thereafter and (3) with respect to each Base Rate Loan the period commencing on the date of such Loan and ending 30 days thereafter provided, that: (a) any Interest Period which would otherwise end on a PAGE
used as a verb means, when used with respect to an entity, the ability, directly or indirectly through one or more intermediaries, to direct or cause the direction of the management and policies of such entity through the legal or beneficial ownership of voting securities or membership interests, the right to appoint managers, directors or corporate officers, rights arising under operating agreements or other contracts, a voting trust or otherwise; and "Control" used as a noun means an interest which gives the holder the ability to exercise any of the foregoing powers;