Anticipated Reinvestment Amount definition

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the Borrower in connection therewith as the amount of the Net Cash Proceeds from the related Asset Sale that the Borrower intends to use to purchase, construct or otherwise acquire Reinvestment Assets.

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the Borrower in connection therewith as the amount of the Net Cash Proceeds from the related Asset Sale or Recovery Event that the Borrower intends to use to purchase, construct, convert, improve or otherwise acquire Reinvestment Assets.

Anticipated Reinvestment Amount means, with respect to any Reinvestment Event, the amount specified in the Reinvestment Notice with respect thereto as the amount of the respective Net Cash Proceeds, Pension Plan Refund or Net Insurance Proceeds, as the case may be, that the Borrower or such Subsidiary of the Borrower intends to use to restore, purchase, construct or otherwise acquire Reinvestment Assets or to fund a replacement Plan pursuant to Section 4980 of the Code, as the case may be.

Examples of Anticipated Reinvestment Amount in a sentence

• The Borrower may exercise its Reinvestment Election with respect to an Eligible Asset Sale if (x) no Default or Event of Default exists and (y) the Borrower delivers a Reinvestment Notice to the Administrative Agent on the Business Day after the date of the consummation of the respective Eligible Asset Sale, with such Reinvestment Election being effective with respect to the Net Cash Proceeds of such Eligible Asset Sale equal to the Anticipated Reinvestment Amount specified in such Reinvestment Notice.

• The Borrower may exercise its Reinvestment Election with respect to a Recovery Event if (x) no Default or Event of Default exists and (y) the Borrower delivers a Reinvestment Notice to the Agent on the Business Day following the date of the Borrower's receipt of the proceeds from the respective Recovery Event, with such Reinvestment Election being effective with respect to the Net Insurance Proceeds from such Recovery Event equal to the Anticipated Reinvestment Amount specified in such Reinvestment Notice.

• With respect to any Reinvestment --------------------------------- Election, the amount, if any, on any Reinvestment Prepayment Date relating thereto, by which (a) the Anticipated Reinvestment Amount in respect of such Reinvestment Election exceeds (b) the aggregate amount thereof which the Borrower or any of its Subsidiaries have expended or have entered into legal and binding commitments to expend prior to such date to acquire Reinvestment Assets.

More Definitions of Anticipated Reinvestment Amount

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the Borrower in connection therewith as (x) the amount of the Net Cash Proceeds from the related Asset Sale that the Borrower and/or its Subsidiaries intend to use to purchase, construct or otherwise acquire Reinvestment Assets or (y) the amount of the Net Insurance Proceeds from the related Recovery Event that the Borrower and/or its Subsidiaries intend to use to purchase or construct Reinvestment Assets in respect of the asset subject to such Recovery Event.

Anticipated Reinvestment Amount. [Intentionally Deleted].

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the Borrower in connection therewith as the amount of the Net Cash Proceeds from the related Reinvestment Event that the Borrower intends to use, or (as the case may be) to cause one or more Subsidiaries of the Borrower to use, to purchase, construct or otherwise acquire Reinvestment Assets.

Anticipated Reinvestment Amount. Asset Sale," "Excess Revenue Equipment," "Interim Receivables Report," "Intercreditor Agreement," "Liquidity Agent," "Liquidity Banks," "Liquidity Facility," "Reinvestment Election," "Reinvestment Notice," "Reinvestment Prepayment Amount," "Reinvestment Prepayment Date," "Term Advance," "Term Borrowing," "Term Note" are deleted in their entirety.

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by Workflow in connection therewith as the amount of the Net Insurance Proceeds from the related Recovery Event that Workflow and/or its Subsidiaries intend to use to purchase or construct Reinvestment Assets in respect of the asset subject to such Recovery Event. In no event shall the Anticipated Reinvestment Amount exceed $5,000,000 in the aggregate with respect to all Recovery Events after the Effective Date, unless the Required Lenders otherwise agree.

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the US Borrower in connection therewith as (x) the amount of the Net Cash Proceeds from the related Asset Sale that the US Borrower and/or its Subsidiaries intend to use to purchase, construct or otherwise acquire Reinvestment Assets or (y) the amount of the Net Insurance Proceeds from the related Recovery Event that the US Borrower and/or its Subsidiaries intend to use to purchase or construct Reinvestment Assets in respect of the asset subject to such Recovery Event.

Anticipated Reinvestment Amount means, with respect to any Reinvestment Election, the amount specified in the Reinvestment Notice delivered by the Borrower in connection therewith as the amount of the Net Cash Proceeds from the related Asset Sale that the Borrower intends to use to finance one or more Permitted Acquisitions within 180 days (or, in the case of a Reinvestment Notice delivered in respect of a Special Asset Sale, 270 days).