Alternative Interest Rate Election Event definition

Alternative Interest Rate Election Event has the meaning given to such term in Section 2.06(c).
Alternative Interest Rate Election Event shall have the meaning set forth in Section 2.11(f).
Alternative Interest Rate Election Event has the meaning set forth in Section 3.03(b).

Examples of Alternative Interest Rate Election Event in a sentence

  • Notwithstanding the foregoing, this Section 2.16 will not apply to losses, costs or expenses resulting from (i) the revocation by the Borrower of a Borrowing Request pursuant to Section 1.18 (to the extent applicable) or Section 2.14(a) or the occurrence of any Alternative Interest Rate Election Event and (ii) Taxes, as to which Section 2.17 shall govern.


More Definitions of Alternative Interest Rate Election Event

Alternative Interest Rate Election Event shall have the meaning assigned to such term in Section 10.24.
Alternative Interest Rate Election Event has the meaning specified therefor in the definition ofLIBOR Rate”.
Alternative Interest Rate Election Event has the meaning set forth in Section 2.1(b)(iv)(E).”
Alternative Interest Rate Election Event has the meaning specified in Section 2.17(b).
Alternative Interest Rate Election Event has the meaning set forth in Section 3.03(b). “Anti-Terrorism Laws” shall have the meaning assigned to such term in Section 5.17(a). “Applicable Asset Sale Percentage” means, for any Disposition, 100%. “Applicable Discount” has the meaning set forth in Section 2.05(a)(v)(C)(2). “Applicable ECF Percentage” means, for any fiscal year, (a) 50%, if the Consolidated Senior Secured Net Leverage Ratio (determined on a Pro Forma Basis in accordance with Section 1.11) as of the last day of such fiscal year is greater than 4.00 to 1.00, (b) 25%, if the Consolidated Senior Secured Net Leverage Ratio (determined on a Pro Forma Basis in accordance with Section 1.11) as of the last day of such fiscal year is less than or equal to 4.00 to 1.00 and greater than 3.50 to 1.00, and (c) 0%, if the Consolidated Senior Secured Net Leverage Ratio (determined on a Pro Forma Basis in accordance with
Alternative Interest Rate Election Event is defined in Section 4.03.
Alternative Interest Rate Election Event shall have the meaning specified in Section 3.03(b). “Anti-Corruption Laws” shall have the meaning specified in Section 6.21. “Anti-Money Laundering Laws” shall have the meaning specified in Section 8.18. “Applicable Margin” means with respect to (a) Term Loans that are LIBOR Loans, a rate per annum of 7.5% and (b) Term Loans that are Base Rate Loans, a rate per annum of 6.5%. “Applicable Percentage” means in respect of any Term Loan Facility, with respect to any Term Lender at any time, the percentage (carried out to the ninth decimal place) of such Term Loan Facility represented by (i) on or prior to the Effective Date, such Term Lender’s Term Loan Commitment in respect of such Term Loan Facility at such time and (ii) thereafter, the Outstanding Amount of such Term Lender’s Term Loans in respect of such Term Loan Facility at such time. The initial Applicable Percentage of each Lender with respect to each Facility is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. “Appropriate Lender” means, at any time, with respect to any Facility, a Lender that has a Commitment with respect to such Facility or holds a Loan under such Facility at such time. 3