Common use of Refinancing Debt Clause in Contracts

Refinancing Debt. Notwithstanding anything herein to the contrary, Debt that refunds, refinances, renews, replaces, extends or defeases existing Debt then currently classified as permitted under clauses (1), (12), (17) and (21) of this definition of “Permitted Debt” shall not constitute “Refinancing Debt” under clause (23) of this definition of “Permitted Debt.”

Appears in 4 contracts

Samples: Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp)

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Refinancing Debt. Notwithstanding anything herein to the contrary, Debt that refunds, refinances, renews, replaces, extends or defeases existing Debt then currently classified as permitted under clauses (1), (12), (17) and (21) of this definition of "Permitted Debt" shall not constitute "Refinancing Debt" under clause (23) of this definition of "Permitted Debt."

Appears in 4 contracts

Samples: Indenture (Alliance Data Systems Corp), Indenture (Alliance Data Systems Corp), Alliance Data Systems Corp

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