Erroneous Payment Subrogation Rights definition

Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 11.13.
Erroneous Payment Subrogation Rights has the meaning assigned to such term in Section 8.03(d).
Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 14.14(d).

Examples of Erroneous Payment Subrogation Rights in a sentence

  • Without limiting any of the foregoing, the Obligations shall include the Borrower’s or any Guarantor’s obligations to pay, discharge and satisfy any Erroneous Payment Subrogation Rights.

  • Each Subsidiary Guarantor shall guarantee the complete payment and performance of the Obligations (including Revolving Loans, LCs, Hedge Liabilities, and Erroneous Payment Subrogation Rights) by executing and delivering the Guarantee and Security Agreement to Administrative Agent on the Closing Date (for each Subsidiary Guarantor in existence on the Closing Date).

  • Without limiting any of the foregoing, the Obligations shall include any Erroneous Payment Subrogation Rights.

  • Without limiting any of the foregoing, the Obligations shall include the Borrower’s and Guarantors’ obligations to pay, discharge and satisfy any Erroneous Payment Subrogation Rights.

  • Erroneous Payment Subrogation Rights - as defined in Section 12.11.4(e).


More Definitions of Erroneous Payment Subrogation Rights

Erroneous Payment Subrogation Rights as defined in Section 9.14(d).
Erroneous Payment Subrogation Rights is defined in Section 3.5(d).
Erroneous Payment Subrogation Rights means as defined in Section 10.11. “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time. “Event of Default” means each of the conditions or events set forth in Section 9.1. 19
Erroneous Payment Subrogation Rights has the meaning specified in Section 8.08(d). “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. “Eurocurrency Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurocurrency Lending Office” in its administrative questionnaire delivered to the Administrative Agent or in the Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Administrative Agent. “Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the Board of Governors of the Federal Reserve System, as in effect from time to time. “Eurocurrency Rate” means for any Interest Period, the rate per annum appearing on the applicable Bloomberg screen (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to dollar deposits in the London interbank market, the “Screen Rate”) as the London interbank offered rate for deposits in Dollars at approximately 11:00 A.M. (London time) on the second Business Day immediately preceding the first day of such Interest Period, for a term comparable to such Interest Period; provided, that the Eurocurrency Rate shall not be less than zero; provided, further, that if the applicable Screen Rate shall not be available at such time for such Interest Period (an “Impacted Interest Period”), then the Eurocurrency Rate shall be the Interpolated Rate at such time. “Eurocurrency Rate Loan” means a Loan which bears interest as provided in Section 2.08(a)(ii).
Erroneous Payment Subrogation Rights has the meaning assigned to it in Section 14.9(d). “Payment Recipient” has the meaning assigned to it in Section 14.9(a). “Transaction Requirements” means, receipt and/or confirmation, as applicable, by the Administrative Agent of the following: (a) Receipt by Administrative Agent of a certification by the chief executive officer, president, chief financial officer or treasurer or controller of Parent certifying that (A) the Transaction (as defined in that certain letter dated April 22, 2021 from Trilogy RER, LLC to the Administrative Agent) has been consummated in accordance with the terms of said letter and that the resulting organizational structure of Trilogy Investors is the same as the “Post-Merger Structure” attached as Attachment I thereto, (B) that any consents, licenses or approvals required in connection with the Transaction have been obtained (except for such consents, licenses or approvals, the failure of which to obtain would not be reasonably expected to result in a Material Adverse Effect), (C) that no litigation, regulatory action or other proceeding or order (whether temporary, preliminary or permanent) of a court of competent jurisdiction has been filed or threated in writing that could reasonably be expected to prevent, restrain or enjoin the consummation of the Transaction or have a Material Adverse Effect; and (D) that no Default or Event of Default has occurred and is continuing, together with such other evidence as may be reasonably requested by Administrative Agent evidencing the consummation of the Transaction in accordance with the terms of said letter, such as copies of filed documents effectuating the Transaction from the appropriate Governmental Authorities; and (b) No Default or Event of Default shall have occurred and be continuing as a result of such Transaction or otherwise. For the avoidance of doubt, subject to the satisfaction of the Transaction Requirements, the Transaction shall not constitute a Change of Control under this Agreement.”; (c) By deleting in its entirety the definition of LIBOR Termination Date appearing in Section 1.1 of the Credit Agreement; (d) By inserting the following parenthetical at the end of clause (a) of the definition of Obligations appearing in Section 1.1 of the Credit Agreement: “(including, without limitation, Erroneous Payment Subrogation Rights)”; (e) By inserting the following new Section 1.2(q) into the Credit Agreement: 3 US_Active\118084400\V-1 “(q) Administrative Agent does not war...
Erroneous Payment Subrogation Rights has the meaning set forth in Section 2.10. “Event of Default” has the meaning set forth in Section 8.1.
Erroneous Payment Subrogation Rights means that term as defined in Section 10.18(d) hereof.