Additional Permitted Liens definition

Additional Permitted Liens means Liens on the assets of the Borrower or any of its Subsidiaries, not otherwise permitted hereunder, consisting solely of real property interests, cash and cash equivalents and any proceeds thereof; provided that the aggregate value of all assets subject to such Liens shall not exceed $500,000,000 at any time, based upon the book value of such assets determined at the time such Lien attaches.
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Additional Permitted Liens means, as of any date (a) Liens securing Indebtedness and not described in clauses (a) through (m) of Section 8.2.2, but only to the extent that (i) the sum of the Amount of Additional Liens on that date plus the amount of cash and cash equivalents or investments subject to Liens permitted by clause (c) of this definition on that date does not exceed 10% of Consolidated Tangible Assets on that date and, (ii) the Borrowers are otherwise in compliance with Section 8.2.1(b)(i), (b) Liens constituting Acquired Existing Debt and Liens on that date and (c) Liens on cash and cash equivalents or investments (and the deposit or other accounts to which such cash and cash equivalents and investments are credited) securing obligations under any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest rate, currency exchange rate or commodity price hedging agreement but only to the extent that the sum of the Amount of Additional Liens on that date plus the amount of such cash and cash equivalents or investments on that date does not exceed 10% of Consolidated Tangible Assets on that date.
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Additional Permitted Liens means Liens not otherwise permitted hereunder on the assets of the Borrower or any of its Subsidiaries consisting solely of real property interests, cash and cash equivalents and any proceeds thereof; provided that the aggregate value of all assets subject to such Liens shall not exceed $500,000,000 at any time, based upon the book value of such assets determined at the time such Lien attaches.
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Examples of Additional Permitted Liens in a sentence

  • No Credit Party shall incur, create, assume, suffer to exist or permit any other Superpriority Claim or Lien which is senior to, or pari passu with, the Obligations hereunder, in each case, except for the Permitted Liens, the Additional Permitted Liens and the Carve-Out.

  • I-1 Schedule II Additional Permitted Liens...............................................

  • Schedule II Additional Permitted Liens (1) Liens granted under the Funding Escrow Mortgages (as defined in the Plan).

  • No administrative claim that is senior to, or pari passu with, the Superpriority Claims in respect of the Obligations shall exist, except claims secured by the Permitted Liens, the Additional Permitted Liens and the Carve-Out.


More Definitions of Additional Permitted Liens

Additional Permitted Liens. 1. None Required Governmental Approvals: 1. None Persons with Knowledge: Seller’s Persons with Knowledge: Xxxxx Xxxxxxx, Xxx Xxxxxxxxxx, Xxx Xxxxxx, Xxxx Xxxx, Xxxx Xxxxxx, Xxxxxx Xxxxxx, Xxxxx Xxxxx and Xxxxxxx Xxxxx Purchaser’s Persons with Knowledge: Esben Xxxxxxxx, Xxxxxx Rosenshine, Xxxxxxx Xxxx, Xxxxx Xxxxxx, Xxxx Xxxxxxxxx and Xxxxxxxx Xxxx Additional Assignment Rights: Assignment Rights of Seller: None Assignment Rights of Purchaser: None Governing Law: New York Notice Information: To Seller: c/o Pattern Renewables LP Pier 1, Bay 3 Xxx Xxxxxxxxx, XX 00000 Attention: Xxx Xxxxxx Phone: 000-000-0000 Fax: 000-000-0000 To Purchaser: Xxxx 0, Xxx 0 Xxx Xxxxxxxxx, XX 00000 Attention: General Counsel Phone: 000-000-0000 Fax: 000-000-0000 XXXXXXXX X-0:
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Additional Permitted Liens. None Required Governmental Approvals: None App. B - 4 Persons with Knowledge: Seller’s Persons with Knowledge: Xxxxxx Xxxxxx, Xxxxxx Xxxxxxx, Xxxx Xxxx, Xxxxxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxxxxxx Xxxxxxxx, Xxxx Xxxxx, Xxxx Xxxxxxx and Xxxxxx Xxxxxxxxxx Purchaser’s Persons with Knowledge: Esben Xxxxxxxx, Xxxxxxx Xxxx, Xxxxx Xxxxxx and Xxxx Xxxxxxxxx Additional Assignment Rights: Assignment Rights of Seller: None Assignment Rights of Purchaser: None Governing Law: New York Notice Information: To Seller: Xxxx 0, Xxx 0 Xxx Xxxxxxxxx, XX 00000 Attention: General Counsel Phone: 000-000-0000 Fax: 000-000-0000 To Purchaser: Xxxx 0, Xxx 0 Xxx Xxxxxxxxx, XX 00000 Attention: General Counsel Phone: 000-000-0000 Fax: 000-000-0000 Cooperation with Funding Date Conditions under ECCA: At the reasonable request of Purchaser, Seller shall cooperate with Purchaser and shall use commercially reasonable efforts to assist Purchaser with satisfying the conditions set forth in Section 5.3 of the ECCA prior to the Capital Contribution Commitment Expiration Date (as defined in the ECCA). Without limiting the foregoing, Seller agrees to cause its counsel and advisors to deliver the opinions and reports required to be delivered to the Class A Equity Investors pursuant to Section 5.3 of the ECCA.
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Additional Permitted Liens means, as of any date, Liens securing Indebtedness and not described in clauses (a) through (l) of Section 8.2.2, but only to the extent that the sum (without duplication) of (a) the Amount of Additional Liens on such date plus (b) the Total Indebtedness of Subsidiaries (other than any Subsidiary that is a Guarantor) on such date does not exceed fifteen percent (15%) of Consolidated Tangible Net Worth on such date.
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Additional Permitted Liens means, as of any date (a) Liens securing Indebtedness and not described in CLAUSES (A) through (L) of SECTION 8.2.2, but only to the extent that (i) the Amount of Additional Liens on that date does not exceed twenty percent (20%) of Consolidated Tangible Net Worth on that date and (ii) Borrowers are otherwise in compliance with SECTION 8.2.1(b), and (b) Liens constituting Acquired Existing Debt and Liens on that date.
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Additional Permitted Liens means, as of any date
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Additional Permitted Liens means, as of any date (a) Liens securing Indebtedness and not described in clauses (a) through (m) of Section 8.2.2, but only to theextent that (i) the sum of the Amount of Additional Liens on that date plus the amount of cash and cash equivalents or investments subject to Liens permitted by clause (c) of this definition on that date does not exceed 10% of Consolidated Tangible Assets on that date and, (ii) the Borrower is otherwise in compliance with Section 8.2.1(b)(i), (b) Liens constituting Acquired Existing Debt and Liens on that date and (c) Liens on cash and cash equivalents or investments (and the deposit or other accounts to which such cash and cash equivalents and investments are credited) securing obligations under any interest rate protection agreement, foreign currency exchange agreement, commodity price protection agreement or other interest rate, currency exchange rate or commodity price hedging agreement but only to the extent that the sum of the Amount ofAdditional Liens on that date plus the amount of such cash and cash equivalents or investments on that date does not exceed 10% of Consolidated Tangible Assets on that date.
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Additional Permitted Liens. 1.None Required Governmental Approvals:
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