Premium Event definition

Premium Event has the meaning set forth in Section 2.11(e).
Premium Event means any of the following: (a) any redemption of the Notes or other payment of all, or any part, of the principal balance of any Notes whether before or after (i) the occurrence of a default or an Event of Default or (ii) the commencement of any proceeding under any debtor relief law, and notwithstanding any acceleration (for any reason) of the Notes; (b) the acceleration of all of the Notes for any reason, including, but not limited to, acceleration following or pursuant to an Event of Default, including as a result of the commencement of a proceeding under any debtor relief law; (c) the satisfaction, release, payment, restructuring, reorganization, replacement, reinstatement, defeasance or compromise of any of the Notes in any proceeding under any debtor relief law, foreclosure (whether by power of judicial proceeding or otherwise) or deed in lieu of foreclosure or the making of a distribution of any kind in any proceeding under any debtor relief law to the holders (whether directly or indirectly, including through the Trustee or Collateral Trustee or any other distribution agent), in full or partial satisfaction of the Notes; and (d) the termination of this Indenture for any reason (other than as a result of the payment in full in cash of the Note Obligations at stated maturity of the Notes).
Premium Event means (a) any redemption of the Notes or other voluntary payment of all, or any part, of the principal balance of any Notes whether before or after (i) the occurrence of a Default or an Event of Default or (ii) the commencement of any proceeding under any debtor relief law, and notwithstanding any acceleration (for any reason) of the Notes; (b) the acceleration of all of the Notes for any reason, including, but not limited to, acceleration following or pursuant to an Event of Default, including as a result of the commencement of a proceeding under any debtor relief law; (c) the satisfaction, release, payment, restructuring, reorganization, replacement, reinstatement, defeasance or compromise of any of the Notes in any proceeding under any debtor relief law, foreclosure (whether by power of judicial proceeding or otherwise) or deed in lieu of foreclosure or the making of a distribution of any kind in any proceeding under any debtor relief law to the holders (whether directly or indirectly, including through the Trustee or Collateral Agent or any other distribution agent), in full or partial satisfaction of the Notes; and (d) the termination of this Indenture for any reason (other than as a result of the payment in full in cash of the Notes Obligations at stated maturity of the Notes).

Examples of Premium Event in a sentence

  • If they are unable to do so, members can always use their points for non-reservation based transactions such as SVC PlayDeck Prepaid Visa cards, Spa Finder gift cards, Premium Event Tickets, or Vacations 4 Vets.

  • The use of firewood had lead to cutting down of trees from Kieni and Kinare forests.

  • If the Notes are accelerated or otherwise become due prior to their maturity date as a result of an Event of Default or by operation of law or a Premium Event occurs, the principal of, accrued and unpaid interest and premium on the Notes subject to such Premium Event shall be due and payable.

  • Multi-million dollar direct spending from construction packages by phase would stimulate the economy and employment in the region.

  • Without limiting the generality of the foregoing, it is understood and agreed that upon the occurrence of any Premium Event, the Redemption Premium shall be automatically and immediately due and payable as though any Notes subject to a Premium Event were voluntarily prepaid as of such date and shall constitute part of the Note Obligations secured by the Collateral.


More Definitions of Premium Event

Premium Event means any of: (a) failure by the Company to comply with its obligations under Article III of the Indenture, as supplemented by this Supplemental Indenture, with a Premium Event in accordance with this paragraph (a) deemed to occur on the date falling 60 days after the date on which such failure occurs (and only occurring if such failure is not remedied within such 60 day period) and continuing until such failure is remedied; or (b) the occurrence of an Event of Default with respect to the 2027 Notes. If a Premium Event has occurred and is continuing, the Company shall notify the Trustee in writing of any Premium Event within three Business Days following such Premium Event. The Trustee shall not be charged with knowledge of a Premium Event unless and until it has received written notice of such Premium Event from either (i) the Company or (ii) Holders representing a majority of the outstanding principal amount of the 2027 Notes.”
Premium Event is, with respect to any Term Loan, any prepayment, refinancing, substitution or replacement prior to the Maturity Date, including in connection with (A) any voluntary prepayment, mandatory prepayment or other repayment or (B) acceleration of the Term Loans event (including the acceleration of claims by operation of law), commencement of an insolvency proceeding against the Borrower, foreclosure and sale of, or collection of, the Collateral, or restructure, reorganization, or compromise of the Term Loans and other Obligations by the confirmation of a plan of reorganization or any other plan of compromise, restructure, or arrangement in any such insolvency proceeding, or to the extent the Term Loans are satisfied or released by foreclosure (regardless of whether by power of judicial proceeding), deed in lieu of foreclosure or by any other means (including the occurrence of any of the foregoing as a result of an Event of Default).
Premium Event means the occurrence of any of the following: (a) the principal balance of any Term Loans is prepaid or repaid, for any reason, in whole or in part (other than (x) following the unrescinded occurrence of the Springing Maturity Exercise Date, the prepayment of the Term Loans on or after the date that is 60 days prior to the Term Loan Maturity Date, (y) any mandatory prepayments made in connection with Casualty Events under Section 2.13(a) or (z) any mandatory prepayments made in connection with an Extraordinary Receipt under Section 2.13(d)), (b) the Term Loans are accelerated (whether as a result of an Event of Default, by operation of law or otherwise), including as a result of any Event of Default under clause (g) or (h) of Article VII or (c) there shall occur any satisfaction, release, payment, restructuring, reorganization, replacement, reinstatement, defeasance or compromise of any of the Obligations in any bankruptcy, insolvency proceeding, foreclosure (whether by power of judicial proceeding or otherwise) or deed in lieu of foreclosure or the making of a distribution of any kind in any bankruptcy or insolvency proceeding to the Administrative Agent or any Lender in full or partial satisfaction of the Obligations.
Premium Event means a booked Event service offered with all features available for selection. means also a price option in the US only - includes specific features included in the Conference bridge and call charge
Premium Event means the occurrence of any of the following: (a) the principal balance of any Term Loans is prepaid or repaid, for any reason, in whole or in part (other than mandatory prepayments from Casualty Events under Section 2.13(a)), (b) the Term Loans are accelerated (whether as a result of an Event of Default, by operation of law or otherwise), including as a result of any Event of Default under clause (g) or (h) of Article VII or (c) there ||| 4134-8371-6675.14134-8371-6675 shall occur any satisfaction, release, payment, restructuring, reorganization, replacement, reinstatement, defeasance or compromise of any of the Obligations in any bankruptcy, insolvency proceeding, foreclosure (whether by power of judicial proceeding or otherwise) or deed in lieu of foreclosure or the making of a distribution of any kind in any bankruptcy or insolvency proceeding to the Administrative Agent or any Lender in full or partial satisfaction of the Obligations.
Premium Event is defined in Section 2.01(f)(ii).
Premium Event means any of: (a) failure by the Company to comply with its obligations under Article III of the Indenture, as supplemented by this Supplemental Indenture, with a Premium Event in accordance with this paragraph (a) deemed to occur on the date falling 60 days after the date on which such failure occurs (and only occurring if such failure is not remedied within such 60 day period) and continuing until such failure is remedied; or (b) the occurrence of an Event of Default with respect to the 2027 Notes. If a Premium Event has occurred and is continuing, the Company shall notify the Trustee in writing of any Premium Event within three Business Days following such Premium Event. The Trustee shall not be charged with knowledge of a Premium Event unless and until it has received written notice of such Premium Event from either (i) the Company or (ii) Holders representing a majority of the outstanding principal amount of the 2027 Notes.”