Additional Replacement definition

Additional Replacement shall have the meaning set forth in Section 9.5(g) hereof.
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Examples of Additional Replacement in a sentence

  • Notwithstanding any other provisions of this Amendment to the contrary, for purposes of consummating the Refinancing and the foregoing transactions set forth in this Section 2, each of the parties hereto acknowledge and agree that the Person executing and delivering this Amendment as the “Additional Replacement Term Lender” shall act as the sole Additional Replacement Term Lender for purposes of facilitating funding on the Amendment Effective Date.

  • Notwithstanding the foregoing, the Purchaser will not be required to offer Additional Replacement Policies to those policyholders in any jurisdiction for which all necessary endorsements (including the Policy Enhancements Endorsements) and/or Permits have not been received.

  • This Agreement may not be amended or modified unless done so in writing signed by authorised representatives of both Parties.

  • The Participant shall also pay to the District to cover legal and engineering expenses incurred by the District in order to lease the Additional Replacement to the Participant (“Administrative Cost”).

  • The Borrower hereby authorizes and directs the Administrative Agent to apply the proceeds of Replacement Term Loans made by the Additional Replacement Term Lenders on the First Amendment Effective Date to refinance the outstanding Revolving Loans and Term Loans on such date which are not Converted Revolving Loans, Converted Term Loans or Converted Excess Term Loans.

  • The Investor, by its execution of this Agreement, further agrees that if the Investor transfers or assigns any of the Investor Replacement Warrants or Investor Additional Replacement Warrants to a party who or which would not be considered such an affiliate, such assignment shall be made subject to the transferee’s or assignee’s specific agreement to be bound by the provisions of this Section 1.6 as if such transferee or assignee were the original holder hereof.

  • Accordingly, any Lender Addendum (Additional Replacement Term Lender) submitted by or on behalf of an Additional Replacement Term Lender and/or any counterpart signature page to this Amendment submitted by or on behalf of a Second Amendment Incremental Term B Lender, in each case other than the Fronting Lender, will be deemed ineffective unless accepted by the Second Amendment Lead Arranger in its sole discretion.

  • The Borrower shall prepay in full all Existing Term Loans of each 2024 Replacement Term Loan Non-Exchanging Lender with the proceeds of the 2024 Additional Replacement Term Loans.

  • Upon the funding of the Additional Replacement Term Loans, the Converted Closing Date Term Loans and the Additional Replacement Term Loans shall all constitute “Replacement Term Loans” of the same Class.

  • The Borrower hereby authorizes and directs the Administrative Agent to apply the proceeds of Replacement Revolving Loans made by the Additional Replacement Revolving Lenders on the First Amendment Effective Date to refinance the outstanding Revolving Loans and Term Loans on such date which are not Converted Revolving Loans, Converted Term Loans or Converted Excess Term Loans.

Related to Additional Replacement

  • Capital Replacement means the replacement of those items listed on Exhibit F.

  • Approved Replacement means, with respect to a Market Quotation, an entity making such Market Quotation, which entity would satisfy conditions (a), (b), (c) and (d) of the definition of Permitted Transfer (as determined by Party B in its sole discretion, acting in a commercially reasonable manner) if such entity were a Transferee, as defined in the definition of Permitted Transfer.

  • Additional Work means services outside the Agreement’s initial scope of Work, which may be added by Thornton. Additional Work may be negotiated separately and must be approved in writing by Thornton in an executed Change Order prior to performance.

  • Benchmark Replacement means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Intent-Based Replacement Disclosure means, as to any Qualifying Preferred Stock or Qualifying Capital Securities, that the issuer has publicly stated its intention, either in the prospectus or other offering document under which such securities were initially offered for sale or in filings with the Commission made by the issuer under the Securities Exchange Act prior to or contemporaneously with the issuance of such securities, that the issuer will redeem or purchase such securities only with the proceeds of replacement capital securities that have terms and provisions at the time of redemption or repurchase that are as or more equity-like than the securities then being redeemed or repurchased, raised within 180 days prior to the applicable redemption or repurchase date. Notwithstanding the use of the term “Intent-Based Replacement Disclosure” in the definitions of “Qualifying Capital Securities” and “Qualifying Preferred Stock”, the requirement in each such definition that a particular security or the related transaction documents include Intent-Based Replacement Disclosure shall be disregarded and given no force or effect for so long as the Corporation is a bank holding company within the meaning of the Bank Holding Company Act of 1956, as amended.