used as a verb definition
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. 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. "Increased Commitments" has the meaning set forth in Section 2.17(a). "Indemnitee" has the meaning set forth in Section 9.03(b). "Interest Period" means: (1) with respect to each Euro- Dollar Loan, the period commencing on the date of borrowing specified in the applicable Notice of Borrowing or on the date specified in the applicable Notice of Interest Rate Election and ending one, two, three or six months thereafter, as the Borrower may elect in such notice; provided that: (a) any Interest Period which would otherwise end on a day which is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; (b) any Interest Period which begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to clause 1(c) below, end on the last Business Day of a calendar month; and (c) no Interest Period may end after the Termination Date.
used as a verb has a corresponding meaning. "Guarantor" means (i) any Initial Guarantor and (ii) any other Subsidiary that, pursuant to Section 4.22, has executed and delivered an indenture supplemental hereto guaranteeing the Obligations of the Company under the Notes, and their respective successors, in each case unless and until such Person is released from its Subsidiary Guarantee in accordance with the applicable provisions hereof. Notwithstanding the foregoing, for purposes of Section 4.12, neither CPI nor ACCBI shall be considered a Guarantor, unless it becomes a Guarantor, or its previously-executed Guarantee is approved under applicable Gaming Laws, as the case may be, within 9 months after the Issue Date. "Holder" or "Noteholder" means a Person in whose name a Note is registered on the Registrar's books. "Incur" means issue, assume, Guarantee, incur or otherwise become liable for; provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such person becomes a Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be incurred by such Subsidiary at the time it becomes a Subsidiary. The terms "Incurred," "Incurrence" and "Incurring" shall each have a correlative meaning. "Indebtedness" means, with respect to any Person on any date of determination (without duplication), (i) the principal of and premium (if any) in respect of indebtedness of such Person for borrowed money; (ii) the principal of and premium (if any) in respect of obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; (iii) all Capitalized Lease Obligations and Attributable Indebtedness of such Person; (iv) all obligations of such Person to pay the deferred and unpaid purchase price of property or services (except Trade Payables), which purchase price is due more than six months after the date of placing such property in service or taking delivery and title thereto or the completion of such services; (v) all obligations of such Person in respect of letters of credit, bankers' acceptances or other similar instruments or credit transactions (including reimbursement obligations with respect thereto); (vi) the amount of all obligations of such Person with respect to the redemption, repayment or other repurchase of any Disqualified Stock and, with respect to the Company, any Disqualified Stock or Preferred Stock of any Restricted Subsidiary (excluding, in each case, any accrued dividends); (vii) al...
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 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;