Common use of Senior Funded Debt Clause in Contracts

Senior Funded Debt. At any time of determination, an amount equal to Consolidated Total Funded Debt minus the aggregate principal amount of Subordinated Debt outstanding as of such date.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Waste Connections Inc/De), Revolving Credit and Term Loan Agreement, Revolving Credit and Term Loan Agreement (Waste Connections Inc/De)

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Senior Funded Debt. At any time of determination, an amount equal to the sum of Consolidated Total Funded Debt minus the aggregate principal amount of Subordinated Debt outstanding as of such dateDebt.

Appears in 3 contracts

Samples: Credit Agreement (Crystal Rock Holdings, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De), Credit Agreement (Vermont Pure Holdings LTD/De)

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Senior Funded Debt. At any time of determination, an amount equal to Consolidated Total the result of Funded Debt minus the aggregate principal amount of Subordinated Debt outstanding as of such date.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Waste Industries Usa Inc), Revolving Credit Agreement (Nationsrent Inc), Revolving Credit Agreement (Waste Industries Inc)

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