Examples of Prepayment Event in a sentence
The Issuer need not exchange or register the transfer of any Note or portion of a Note selected for prepayment, redemption or tendered (and not withdrawn) for repurchase in connection with a Mandatory Prepayment Event, a Parent Change of Control Offer, a Mandatory Repurchase Offer, [a 2029 Notes Repurchase Offer]3 or other tender offer, respectively, in whole or in part, except for the unredeemed portion of any Note being redeemed in part.
Notwithstanding anything to the contrary set forth herein, if there is a Prepayment Event, then on the date thereof (the “Prepayment Date”), in addition to the Prepayment Amount the Company shall pay the Premium Amount (as defined below) to all the Purchasers on a pro rata basis based on their respective pro rata share of the principal amount of the Notes.
No later than the second Business Day (or such later date as may be approved by the Administrative Agent in its sole discretion) following the date of receipt by the Borrower of any Net Proceeds from any Prepayment Event (Distributions) in an aggregate amount in excess of the Prepayment Threshold (Distributions) (calculated on a cumulative basis from and after September 28, 2023), the Borrower shall provide written notice to the Administrative Agent thereof.
The Notes may be redeemed at the option of the Issuer and may be the subject of a Mandatory Prepayment Event, a Parent Change of Control Offer[,][or] a Mandatory Repurchase Offer[ or a 2029 Notes Repurchase Offer]2, as further provided in the Indenture.
If the Bank cancels a Fixed Rate Notified Tranche upon an Indemnifiable Prepayment Event or cancels a Fixed Rate Tranche disbursement pursuant to Article 1.05C, the Borrower shall indemnify the Bank under Article 4.02B.