Additional Secured Debt definition

Additional Secured Debt has the meaning set forth in Section 3.8.
Additional Secured Debt has the meaning specified in the Intercreditor Agreement.
Additional Secured Debt has the meaning assigned to that term in Section 2.10(b).

Examples of Additional Secured Debt in a sentence

  • The Collateral Agent may conclusively rely on the information provided by each representative of holders of Additional Secured Debt pursuant to this paragraph and shall incur no liability for acting in reliance thereon.

  • The relevant Key Subsidiary shall pay any shortfall in interest (“ Additional Secured Debt Interest”) to the relevant Other Creditor within 30 days from the completion of Disposal.

  • The relevant Key Subsidiary shall be entitled to set-off/deduct from the Additional Secured Debt Interest an amount equivalent to the Excess Cash Interest.

  • As between the Holders of the Notes and the holders of Additional Secured Debt, only the Instructing Group shall have the right to direct the Collateral Agent in conducting foreclosures and in taking other actions with respect to the Collateral or an Event of Default.

  • Such rates are authorized only in connection with those costs, which the employee would be obligated.


More Definitions of Additional Secured Debt

Additional Secured Debt means any of (a) the Secured Expansion Debt, (b) the Secured Replacement Debt, and (c) the Secured Working Capital Debt.
Additional Secured Debt means any of (a) the Secured Train 6Replacement Debt, (b) the Secured Replacement Debt, (c) the Secured Working Capital Debt, and (dc) the Secured PDE Debt.
Additional Secured Debt means Indebtedness of the Borrower, which ----------------------- may be guaranteed by the Subsidiary Guarantors, issued pursuant to a registered offering or a Rule 144A offering, which Indebtedness is to be secured pari passu ---- ----- under the Security Documents provided that (i) no maturities of such Indebtedness shall be prior to the Term Loan Maturity Date and (ii) the terms and conditions of such Indebtedness shall be reasonably satisfactory to the Administrative Agent, it being understood that Additional Secured Debt is not Permitted Debt Refinancing.
Additional Secured Debt. Any Secured Debt (including, Junior Mezzanine Secured Debt) issued or incurred pursuant to Section 2.4.
Additional Secured Debt has the meaning set forth in the definition ofSecured Debt.”
Additional Secured Debt means the Indebtedness identified in an Accession Agreement.
Additional Secured Debt means additional Secured Debt incurred by the Company or a Guarantor in compliance with this Indenture, the ABL Debt Documents and the Intercreditor Agreement by issuing or increasing a Series of Secured Debt; provided, that Additional Secured Debt may not mature prior to the date on which the PIK Toggle Notes mature and may not amortize at a rate greater than 1% per annum.