Assigned Debt definition

Assigned Debt means any loan made by the Parent to the Intermediate Parent or by the Intermediate Parent to the Borrower where the lender's rights in respect of any such loan have been assigned to the Security Trustee pursuant to the Inter-Company Loan Assignment.

Assigned Debt means any loan made by the Parent to any other member of the UK Group, where on and after the Pushdown Date the Parent's rights in respect of any such loan which is outstanding on or after the Pushdown Date have been assigned to the Security Trustee pursuant to the Parent Intra-Group Loan Assignment (but without prejudice to the ability to make or repay such a loan prior to the Pushdown Date).

Assigned Debt means the sum of—

Examples of Assigned Debt in a sentence

• The Assigned Debt shall be subject to the terms of the Note, except such terms that are amended by this Agreement.

• At the Closing, the Assignor shall deliver to the Assignee one or more notes representing the Assigned Debt.

• The Assignor has good and marketable title to the Convertible Debt free and clear of all liens and encumbrances, and has the ability to freely transfer the Assigned Debt.

• The Assigned Debt has not been prepaid in full or in part, and the full amount of the Assigned Debt is due and owing by the Debtor to the Assignor.

• This second replacement note shall then be severed in the same manner for the second Purchase Tranche Closing, and this foregoing process of severing and issuing replacement notes shall be repeated for each Purchase Tranche Closing, until the Assigned Debt is sold and assigned in full, or this Agreement is otherwise earlier terminated in accordance with its terms.

More Definitions of Assigned Debt

Assigned Debt means a claim or judgment where the right to collect the debt has been assigned by the creditor to another person or entity.

Assigned Debt means the principal amount of all Indebtedness outstanding under the Existing Credit Agreement on the Restatement Date, immediately after giving effect to the transactions contemplated hereby, to the extent that (i) such debt is held at such time by an Exiting Lender and (ii) such Exiting Lender shall have agreed to assign such Indebtedness to the Lenders hereunder pursuant to Schedule 1.4. Assignee -- see subsection 11.8(a). Assignment and Acceptance -- see subsection 11.8(a).

Assigned Debt is defined in Section 7.3(c).

Assigned Debt means a Debt you assign to us under these Terms and Conditions or if it cannot be assigned, a Debt over which we have a Security Interest under these Terms and Conditions.

Assigned Debt means the principal amount of any Debt outstanding under the Existing Credit Agreement on the Effective Date immediately prior to consummation of the transactions contemplated hereby, to the extent that (i) such Debt is held at such time by a lender under the Existing Credit Agreement that is not a party to this Agreement as a Lender and (ii) such Debt is requested to be assigned to the Lenders hereunder on the Effective Date pursuant to the Assignment Agreement.

Assigned Debt means indebtedness owed by the Borrower to the Assignees prior to the date of this Agreement which is being assigned hereby to the Assignor in the amount set forth on Schedule 2.4. Additionally $250,000 of Bristol’s Waiver Note (as identified on Schedule 2.3(a)) shall be deemed to be a part of the Assigned Debt.

Assigned Debt shall have the meaning ascribed to it in Section 8.10.