(v) any portion of the purchase price from an Asset Sale placed in escrow, whether as a reserve for adjustment of the purchase price, for satisfaction of indemnities in respect of such Asset Sale or otherwise in connection with that Asset Sale; provided, however, that upon the termination of that escrow, Net Cash Proceeds shall be increased by any portion of funds in the escrow that are released to the Company or any Restricted Subsidiary.
Net Short means, with respect to a Holder or beneficial owner, as of a date of determination, either (i) the value of its Short Derivative Instruments exceeds the sum of (x) the value of its notes plus (y) the value of its Long Derivative Instruments as of such date of determination or (ii) it is reasonably expected that such would have been the case were a Failure to Pay or Bankruptcy Credit Event (each as defined in the 2014 ISDA Credit Derivatives Definitions) to have occurred with respect to the Company or any Guarantor immediately prior to such date of determination.
NFR Assets shall mean assets that are accounted for on the balance sheet of the Company filed with the SEC as finance receivables.
North American Credit Facility means that certain Amended and Restated Credit Agreement, dated as of May 5, 2017 (as amended by the First Amendment to Credit Facility, dated as of October 4, 2018, the Second Amendment to Credit Facility, dated as of May 6, 2020, the Third Amendment to Credit Facility, dated as of August 26, 2020, and the Fourth Amendment to Credit Facility, dated as of July 30, 2021, and as may be amended, modified, supplemented, released, discharged, extended, restated or amended and restated from time to time), by and among the Company and PRA Group Canada Inc., as borrowers, the guarantors party thereto from time to time, the lenders party thereto from time to time and Bank of America, National Association as administrative agent.
Notes means all the 5.00% Senior Notes due 2029 issued under this Indenture, treated as a single class.
Notes Guarantee means the Guarantee on the terms set forth in this Indenture by a Guarantor of the Companys obligations under the Notes.
Notes Obligations means the Obligations of the Company and the Guarantors under this Indenture and the Notes.
Obligations means any principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness.
Offering Memorandum means the offering memorandum, dated September 17, 2021, pursuant to which the Initial Notes were offered to investors.
Officer means the Chairman of the Board, the Chief Executive Officer, the Chief Financial Officer, the President, any Executive Vice President, any Senior Vice President, any Vice President, the Treasurer or the Secretary of the Company.
Officers Certificate of the Company means a certificate signed on behalf of the Company by two Persons, one of which shall be any of the following: the Chairman of the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Legal Officer, the Chief Financial Officer, the Chief Accounting Officer, the Treasurer or any Executive or Senior Vice President (or any such other officer that performs similar duties) of the Company, and the other one shall be any of the following: the Chairman of the Board, the Chief Executive Officer, the President, the Chief Operating Officer, the Chief Legal Officer, the Chief Financial Officer, the Chief Accounting Officer, the Treasurer, the Assistant Treasurer, Controller, the Secretary, any Assistant Secretary or any Executive Vice President (or any such other officer that performs similar duties) of the Company.