Debt Purchase Transaction has the meaning given to that term in paragraph (b) of Clause 28.1 (Disenfranchisement on Debt Purchase Transactions entered into by Sponsor Affiliates).
Debt Purchase Transaction has the meaning given to that term in clause 29.2 (Prohibition on Debt Purchase Transactions by the Group).
Examples of Debt Purchase Transaction in a sentence
Notwithstanding any other term of this Agreement or the other Interim Finance Documents, no Group Company shall be entitled to purchase by way of a Debt Purchase Transaction a participation in any Interim Loan and/or any Interim Commitment.
More Definitions of Debt Purchase Transaction
Debt Purchase Transaction has the meaning given to that term in paragraph (b) of clause 28.2 (Disenfranchisement on Debt Purchase Transactions entered into by Parent Affiliates) Obligor means a Borrower or a Guarantor and Obligors means each of them Obligors' Agent means the Company, appointed to act on behalf of each Obligor in relation to the Finance Documents pursuant to clause 2.3 (Obligors' Agent) OECD means Organisation for Economic Co-operation and Development Original Borrowers means each of the Company, APII and ANNV, each as more particularly described in Part 1 of Schedule 1 (The Original Parties)
Debt Purchase Transaction means, in relation to a person, a transaction where such person:- (a) purchases by way of assignment or transfer (b) enters into any sub-participation in respect of or (c) enters into any other agreement or arrangement having an economic effect substantially similar to a sub-participation in respect of any Commitment or amount outstanding under this Agreement
Debt Purchase Transaction has the meaning given to it in the relevant Authorised Credit Facility Agreement;
Debt Purchase Transaction has the meaning given to the term “Debt Purchase Transaction” in the Facilities Agreement.
Debt Purchase Transaction means, in relation to a person, a transaction where such person: (i) purchases, by way of assignment or transfer, any Commitment or Advance; (ii) enters into any sub-participation in respect of any Commitment or Advance; or (iii) enters into any other agreement or arrangement having an economic effect substantially similar to a sub-participation in respect of any Commitment or Advance. “Debtor Relief Laws” means the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally.
Debt Purchase Transaction has the meaning given to that term in clause 33.3.2.
Debt Purchase Transaction has the meaning given to that term in clause 32.3(b) (Disenfranchisement of Debt Purchase Transactions entered into by Affiliates). Obligors means the parties to the Finance Documents (other than the Finance Parties, K-sure, KEXIM, any Charterers and the Managers of each Ship) and Obligor means any one of them.