Additional Debt definition

Additional Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property.
Additional Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property as of the Closing Date as set forth on Schedule 1 hereto, as increased or decreased from time to time pursuant to the terms of the related subordinate or pari passu loan documents (including any Intercreditor Agreement or subordination agreement).
Additional Debt has the meaning set forth in Section 10.5(b).

Examples of Additional Debt in a sentence

  • Xxxxxxx Mac, in its discretion and at any time, may offer Additional Debt Securities having the same terms and conditions as Debt Securities previously offered.

  • Additional Debt Securities issued in this manner will be consolidated with and will form a single Series with the previously Outstanding Debt Securities.

  • It is expected that all payments in respect of the Obligations, the Existing Debt Securities and the Additional Debt Securities will be made by the Borrower.

  • The General Partner shall have the right, at its option, to cause the Partnership and its Subsidiaries to incur Indebtedness under the Loan Agreement and as otherwise permitted by the Loan Documents; provided that the Partnership and its Subsidiaries will not, directly or indirectly, incur, create, issue, assume or guarantee any Additional Debt without the prior written consent of UST, which consent shall not be unreasonably withheld.

  • With respect to Characteristic 209, we recomputed the Additional Debt – Loan Term (Remaining) by determining the number of payment dates from and exclusive of the Cut-off Date to and inclusive of the Additional Debt – Maturity Date or Anticipated Repayment Date.


More Definitions of Additional Debt

Additional Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan as of the Closing Date as set forth on Schedule 1 hereto, as increased or decreased from time to time pursuant to the terms of the related subordinate loan documents (including any subordination agreement).
Additional Debt means, in relation to any debt, any money, debt or liability due, owing or incurred under or in connection with:
Additional Debt means Indebtedness for borrowed money other than Indebtedness described in Section 7.13.
Additional Debt has the meaning set forth in Section 8.7.
Additional Debt means Indebtedness for borrowed money other than Indebtedness described in Section 7.03.
Additional Debt has the meaning assigned to such term in Section 9.3(b).
Additional Debt means Funded Debt issued or incurred by any Company after the date hereof, other than Funded Debt under this Agreement and Funded Debt (a) that is Permitted Non-Recourse Debt of any Person used for the purposes described in clause (i) of the definition of "Permitted Non-Recourse Debt" or (b) the proceeds of which are used to refinance the Senior Notes, provided that the principal amount of the refinancing shall not exceed the sum of (i) the principal amount of, and accrued interest on, the Senior Notes so refinanced and (ii) reasonable fees and expenses and the premium, if any, incurred in connection with any such refinancing.