Restricted Debt definition

Restricted Debt has the meaning set forth in Section 6.04(b).

Restricted Debt has the meaning specified in Section 7.12(a).

Restricted Debt means (i) the Existing Unsecured Notes, (ii) any Junior Lien Debt and (iii) any other Indebtedness of the Issuers or a Guarantor that is not Secured Indebtedness (including Indebtedness in respect of Subordinated Obligations).

Examples of Restricted Debt in a sentence

• Prepay, redeem, purchase, defease or otherwise satisfy in cash prior to the scheduled maturity thereof in any manner any Restricted Debt (except, in the case of the Xxxxxx Obligations, to the extent not prohibited by the Xxxxxx Subordination Agreement (including the payment of “Permitted Payments” and payments in satisfaction of the “Rami Payment Rights” (in each case as defined in the Xxxxxx Subordination Agreement)).

• The proceeds of any Incremental Facility may be used for working capital needs and other general corporate purposes (including Capital Expenditures, acquisitions and other Investments, working capital and/or purchase price adjustments, Restricted Payments, Restricted Debt Payments and related fees and expenses) and for any other purpose not prohibited by the Loan Documents.

More Definitions of Restricted Debt

Restricted Debt means any Junior Indebtedness and any Junior Lien Indebtedness, in each case to the extent the outstanding principal amount thereof is equal to or greater than the Threshold Amount.

Restricted Debt means Debt of the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.10(b).

Restricted Debt of any Person means Debt in any of the following categories:

Restricted Debt means (a) any Junior Lien Indebtedness permitted under Section 6.01(c), (b) any Junior Lien Indebtedness, (c) any Junior Indebtedness, (d) any Subordinated Indebtedness, (e) the Subordinated Notes or (fd) any Refinancing Indebtedness in respect of any of the foregoing.

Restricted Debt means (a) the Indebtedness of any Credit Party existing on the Closing Date and listed on Schedule 7.24, and (b) any other Indebtedness the repayment of which is expressly subordinated and made junior to the payment in full of the Obligations and contains terms and conditions (including terms relating to interest, fees, repayment and subordination) satisfactory to Agents.

Restricted Debt means any Subordinated Indebtedness and any Refinancing Indebtedness in respect thereof that otherwise constitutes Restricted Debt, in each case to the extent the same qualifies as Material Indebtedness.

Restricted Debt means (a) any Existing Debt Securities and (b) any other Indebtedness (other than Indebtedness owed to the Parent or a Subsidiary) of any Loan Party that (i) matures on or after the date that is one year prior to the Class A Maturity Date and (ii) is unsecured or is secured by a Lien on Collateral that is junior to the Lien thereon granted under the Loan Documents.