ServiceMagic 2012 Annual Report Download - page 286

“ Revolving Fee Payment Date ” means (a) the third Business Day following the last day of each March, June,
September and December during the Revolving Commitment Period and (b) the last day of the Revolving Commitment Period.
“ Revolving Lender ” means each Lender that has a Revolving Commitment or that holds Revolving Loans.
“ Revolving Loans ” has the meaning assigned to such term in Section 2.01(a).
“ Revolving Termination Date ” means the fifth anniversary of the Closing Date.
“ Search Disposition ” means the Disposition or distribution by the Borrower or any of its subsidiaries of (i) any
Equity Interests of IAC Search, LLC or any of its subsidiaries as of the Closing Date or any successor thereof, (ii) any assets of the
Search Group outside of the ordinary course of business or (iii) any divisions or lines of business of the Search Group, which
individually or in the aggregate, have a value of more than 20% of the Fair Market Value of the Search Group measured as of the
Closing Date.
“ Search Group ” means IAC Search, LLC and its subsidiaries taken as a whole as of the Closing Date.
“ Secured Indebtedness ” means Indebtedness of the Borrower or any Restricted Subsidiary that is (i) for borrowed
money or a Capital Lease Obligation and (ii) secured by any Lien on any assets the Borrower or any Restricted Subsidiary.
“ Senior Notes ” means the $500,000,000 aggregate principal amount of 4.75% senior notes due 2022 to be issued
by the Borrower on or about the Closing Date and any exchange notes related thereto.
“ Secured Parties ” has the meaning assigned to such term in the Pledge Agreement.
“ Specified Swap Agreement ” means any Swap Agreement in respect of interest rates or currency exchange rates
entered into by the Borrower or any Subsidiary Guarantor and any Person that (i) at the time such Swap Agreement is entered into
is a Lender or an Agent Party or an Affiliate of a Lender or an Agent Party or (ii) in the case of any such Swap Agreement in effect
on or prior to the Closing Date, is, as of the Closing Date, a Lender or an Agent Party or an Affiliate of a Lender or an Agent Party.
“ Standard & Poor’s ” means Standard & Poor’s Rating Services a division of The McGraw-Hill Companies, Inc.
“ Sterling ” and “ £ ” mean the lawful currency of the United Kingdom.
“ subsidiary ” means, with respect to any Person (the “ parent ”):
(1) any corporation, limited liability company, association or other business entity of which more than 50% of
the total voting power of the Equity Interests entitled (without regard to the occurrence of any contingency) to vote in the
election of the board of directors thereof is at the time owned or controlled, directly or indirectly, by such Person or one or
more of the other subsidiaries of such Person (or a combination thereof); and
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