Refinancing Indebtedness Sample Clauses
The "Refinancing Indebtedness" clause defines the terms under which existing debt obligations can be replaced or restructured with new debt. Typically, this clause outlines the conditions that must be met for refinancing, such as limitations on the amount, maturity, or interest rate of the new debt, and may specify that the new debt must not be more burdensome than the original. Its core function is to provide flexibility for the borrower to manage or improve their debt profile while protecting the lender by ensuring that refinancing does not increase the overall risk or alter key terms unfavorably.
Refinancing Indebtedness amend the Credit Agreement to provide for a Refinancing Amendment concept in accordance with clause 2.15 of the Liberty Global Reference Agreement referred to at limb (vi) of that definition to permit, with the consent of the Company and the Facility Agent only, amendments to the Finance Documents, to create new Commitments to be established in exchange for, or to extend, renew, replace, repurchase, retire or refinance, in whole or in part, existing Loans or Commitments provided that if the new Loans under the new Commitments do not rank equal to or junior to the existing Loans or Commitments to be refinanced the principal amount of such new Loans does not exceed the Additional Facilities Cap.
Refinancing Indebtedness. Indebtedness represented by guarantees by the Company or a Restricted Subsidiary of Indebtedness incurred by the Company or a Restricted Subsidiary so long as the incurrence of such Indebtedness by the Company or any such Restricted Subsidiary is otherwise permitted by the terms of this Indenture;
Refinancing Indebtedness. (a) On one or more occasions after the Third Amendment Effective Date, the Company may incur Refinancing Indebtedness.
(b) The Lenders hereby authorize the Administrative Agent to enter into, and the Lenders agree that this Agreement and the other Loan Documents shall be amended by, any Refinancing Amendment entered into in connection with the incurrence of any Refinancing Indebtedness to the extent (and only to the extent) the Administrative Agent deems necessary in order to (i) reflect the existence and terms of such Refinancing Indebtedness being established pursuant to such Refinancing Amendment, (ii) make such other changes to this Agreement and the other Loan Documents consistent with the provisions and intent of such Refinancing Indebtedness, and (iii) effect such other amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent, to effect the provisions of this Section 2.17. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Amendment.
(c) The effectiveness of any Refinancing Amendment pursuant to which any Refinancing Indebtedness is issued shall be subject to the receipt by the Administrative Agent of (i) to the extent requested by the Administrative Agent, customary opinions of legal counsel to the Loan Parties, addressed to the Administrative Agent and each Lender (including each Person providing any portion of such Refinancing Indebtedness), dated as of the effective date of the incurrence of such Refinancing Indebtedness, and (ii) such other documents and certificates it may reasonably request relating to the necessary authority for the incurrence of such Refinancing Indebtedness and the validity of such incurrence, and any other matters relevant thereto, all in form and substance reasonably satisfactory to the Administrative Agent.
Refinancing Indebtedness other Indebtedness that is not included in any of the preceding clauses of this Section, is not secured by a Lien, and does not exceed $2,000,000 in the aggregate at any time;
Refinancing Indebtedness. Indebtedness of a Person existing at the time such Person becomes a Restricted Subsidiary or which is secured by a Lien on an asset acquired by the Company or a Restricted Subsidiary (whether or not such Indebtedness is assumed by the acquiring Person) shall be deemed incurred at the time the Person becomes a Restricted Subsidiary or at the time of the asset acquisition, as the case may be.
Refinancing Indebtedness the incurrence by a Receivables Subsidiary of Indebtedness in a Qualified Receivables Transaction that is without recourse to the Company or to any Restricted Subsidiary of the Company or their assets (other than such Receivables Subsidiary and its assets), and is not guaranteed by any such Person; provided that any outstanding Indebtedness incurred under this -------- clause (xv) shall reduce the aggregate amount permitted to be incurred under clause (ii) above to the extent set forth therein; and
Refinancing Indebtedness. Hedging Obligations of the Company or any Restricted Subsidiary not for the purpose of speculation;
Refinancing Indebtedness additional Indebtedness of the Company and its Restricted Subsidiaries in an aggregate principal amount not to exceed $50.0 million at any one time outstanding (which amount may, but need not, be incurred in whole or in part under the Credit Agreement) plus up to an additional amount as contemplated by, and to the extent not incurred under, clause (10) above; provided that any Indebtedness incurred after November 14, 2000 and outstanding under this clause (16) on the Issue Date shall be deemed to be incurred under this clause (16);
Refinancing Indebtedness. Any Refinancing by the Borrower or any Restricted Subsidiary of the Borrower of Indebtedness permitted by or incurred in accordance with clause (a), (b), (e), (f), (g), (h), (i), (l), (n), (o) or (p) of Section 9.4, in each case that does not:
Refinancing Indebtedness guarantees by the Company and its Restricted Subsidiaries of one another's Indebtedness; PROVIDED that such Indebtedness is permitted to be incurred under this Indenture and PROVIDED, FURTHER, that in the event such Indebtedness (other than Acquired Indebtedness) is incurred pursuant to the Consolidated Fixed Charge Coverage Ratio, such guarantees are by the Company or a Guarantor only;