Eligible obligation definition

Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority’s written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority.

Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority's written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority. Eligible obligation also includes an ongoing management contract or contract for professional services or development services that was entered into by the authority or a municipality on behalf of the authority in 1991, and related similar written agreements executed before 1984, if the 1991 agreement both provides for automatic annual renewal and incorporates by reference the prior related agreements; however, receipt by an authority of tax increment revenues authorized under subdivision (aa)(ii) in order to pay costs arising under those contracts shall be limited to:

Eligible obligation means a loan or group of loans.

Examples of Eligible obligation in a sentence

• Notwithstanding anything to the contrary herein, the consent of any holder of any Designated Eligible Obligation shall not be required for amendments, modifications or waivers of the provisions of this Agreement to which the Company has consented, whether or not such amendments, modifications or waivers adversely affect the rights of such holder.

• Each Eligible Obligation set out on Schedule A, including any Eligible Obligation added thereto pursuant to a Replenishment.

• By: ______________________ Name: Title: REVLON CONSUMER PRODUCTS CORPORATION CERTIFICATE OF REVOCATION The Company hereby revokes the designation of the above referenced Designated Eligible Obligation.

• Any notice or other communication herein required or permitted to be given to (a) any party hereto that is also a party to the Credit Agreement shall be made in accordance with Section 14.2 of the Credit Agreement and (b) any holder of Designated Eligible Obligation at the address specified in the Certificate of Designation/Revocation or such other address as shall be notified in writing to the Administrative Agents and the Collateral Agent.

• If the Bank in its discretion agrees (and provided, among other things, that there is Eligible Collateral with sufficient Borrowing Power and it is permitted by applicable law), such Reimbursement Obligation may be satisfied by the funding of an Advance, the proceeds of such Advance being paid directly to the Bank as payment of the Reimbursement Eligible Obligation.

More Definitions of Eligible obligation

Eligible obligation. ’ means any security designated as acceptable in lieu of a surety bond by the Secretary of the Treasury.

Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding

Eligible obligation means an obligation issued or incurred by an authority or by a municipality on

Eligible obligation means an obligation arising under one of the following contracts:

Eligible obligation means an obligation issued or

Eligible obligation means a loan or group or portfolio of loans and includes a

Eligible obligation means an obligation which complies with the Eligibility Criteria as at the relevant Inclusion Date;