Mandatory Prepayment Event means any of the following:
Mandatory Prepayment Event has the meaning specified in Section 2.03(b)(i).
Mandatory Prepayment Event is defined in Section 3.04.
Examples of Mandatory Prepayment Event in a sentence
Borrowers shall not declare or make, or agree to pay or make any Restricted Payments, or incur any obligation to do so, unless (x) no Default, Event of Default, Mandatory Prepayment Event, Collateral Call Trigger Event or Adjustment Determination Period shall have occurred and be continuing or would result therefrom and (y) the cash, securities or property so paid or distributed does not constitute, and is not required under the Margin Loan Documentation to be posted as, Collateral.
No Default or Event of Default has occurred and is continuing or would result from the consummation of the Transactions, and no Mandatory Prepayment Event or Adjustment Determination Period has occurred and is continuing or would result from the consummation of the Transactions.
More Definitions of Mandatory Prepayment Event
Mandatory Prepayment Event means any of the events or circumstances specified as such in Clause 11.1 (Listing of Mandatory Prepayment Events).
Mandatory Prepayment Event means the sale, lease, transfer, assignment, financing or other disposition of any Production Facility (as defined in the Amendment and Exchange Agreements), except as approved in writing by the Required Holders.
Mandatory Prepayment Event means:
Mandatory Prepayment Event means any of the events or circumstances described in clause 17.2;
Mandatory Prepayment Event means the occurrence of (a) a Change of Control or (b) an Issuer Event.
Mandatory Prepayment Event means, as applicable, (i) with respect to any Restricted Principal of the Convertible Note designated to be converted in a Conversion Notice, both (A) the Company’s receipt of such Conversion Notice thereunder executed by the Investor in which all, or any part, of the principal of the Convertible Note to be converted includes any Restricted Principal and (B) the Investor’s receipt from the Company of written confirmation that the Company’s transfer agent (the “Transfer Agent”) has been irrevocably instructed by the Company to deliver to the Investor (or its designee) the shares of Common Stock to be issued pursuant to such Conversion Notice in accordance with Section 3(c) of the Convertible Note (in each case, as adjusted, if applicable, to reflect the withdrawal of any Conversion Notice, in whole or in part, by the Investor, whether pursuant to Section 3(c)(ii) of the Convertible Note or otherwise), or (ii), (A) the Investor’s receipt of a valid (unless waived in writing by the Investor) written notice by the Company electing to effect a Mandatory Conversion (as defined in the Convertible Note) of Restricted Principal (as defined in the Convertible Note) (solely with respect to such aggregate amount of Restricted Principal included in such Mandatory Conversion) and (B) the Investor’s receipt from the Company of written confirmation that the Transfer Agent has been irrevocably instructed by the Company to deliver the shares of Common Stock to be issued pursuant to such Mandatory Conversion Notice in accordance with Section 3(f) of the Convertible Note (each, a “Mandatory Prepayment Notice”, and the date thereof, a “Mandatory Prepayment Notice Date”); provided, that, with respect to this clause (ii), no Equity Conditions Failure may exist as of the date of the applicable Mandatory Prepayment (unless waived in writing by the Investor). Notwithstanding the foregoing, the Investor (or its designee) shall not commence a Deposit/Withdrawal at Custodian with respect to such shares of Common Stock to be issued upon conversion of Restricted Principal unless and until the Investor shall have either (x) delivered such Mandatory Prepayment Amount to the Company or (y) delivered evidence to the Company of the delivery of irrevocable instructions to the Investor’s bank, broker or other financial institution to wire such Mandatory Prepayment Amount to the Company from an account with at least an amount of cash or other Eligible Assets (as defined below) equal to such Man...
Mandatory Prepayment Event means any of the events referred to in Clause 6 (Prepayment and Cancellation) as a result of which the Owner is obliged to prepay any one or more of the Loans or any Lender’s participation in the Loans.