Additional Specified Indebtedness definition

Additional Specified Indebtedness means any Indebtedness that is or may from time to time be incurred by any Credit Party in compliance with:
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Additional Specified Indebtedness means any Indebtedness that is or may from time to time be incurred by any Grantor in compliance with:
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Additional Specified Indebtedness means any Indebtedness (as defined in the Term Loan Credit Agreement) that is or may from time to time be incurred by any Credit Party in compliance with subsection 7.1 of the Term Loan Credit Agreement (regardless of whether the Term Loan Credit Agreement is then in effect) and (until the Discharge of Revolving Credit Obligations) by subsection 7.1 of the Revolving Credit Agreement, other than any such Indebtedness so incurred pursuant to clause (b)(ii), (b)(iii) (but only any such Indebtedness incurred under the Senior Interim Loan Facility (as defined in the Term Loan Credit Agreement or the Revolving Credit Agreement, as applicable), the Existing Notes (as defined in the Term Loan Credit Agreement or the Revolving Credit Agreement, as applicable) and Refinancing Indebtedness (as defined in the Term Loan Credit Agreement or the Revolving Credit Agreement, as applicable) incurred in respect of Indebtedness under the Senior Interim Loan Facility, the Existing Notes or Indebtedness incurred in compliance with subsection 7.1(a)), (b)(vii), (b)(ix) (other than Indebtedness consisting of Special Purpose Financing Undertakings, as defined in the Term Loan Credit Agreement or the Revolving Credit Agreement, as applicable) or (b)(xiii) of subsection 7.1 of the Term Loan Agreement and (until the Discharge of Revolving Credit Obligations) of subsection 7.1 of the Revolving Credit Agreement.
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Examples of Additional Specified Indebtedness in a sentence

  • In the event that any Indebtedness as defined in any such Credit Document shall not be Indebtedness as defined in any other such Credit Document, but is or may be incurred in compliance with such other Credit Document, such Indebtedness shall constitute Additional Specified Indebtedness for the purposes of such other Credit Document.

  • In the event that any Indebtedness as defined in any such Credit Document shall not be Indebtedness as defined in any other such Credit Document, but is or may be incurred in compliance with such other Credit Document, such Indebtedness shall constitute Additional Specified Indebtedness for purposes of such other Credit Document.


More Definitions of Additional Specified Indebtedness

Additional Specified Indebtedness means any Indebtedness (as defined in the 2025 Indenture) that is or may from time to time be incurred by any Credit Party in compliance with subsection 407 of the 2025 Indenture (regardless of whether the 2025 Indenture is then in effect), other than any such Indebtedness so incurred pursuant to clause (b)(ii), (b)(iii) (other than any such Indebtedness consisting of Refinancing Indebtedness in respect of the 2025 Notes issued on the date hereof), (b)(vii) or (b)(ix) (other than Indebtedness consisting of “Standard Receivables Undertakings”, as defined in the 2000 Xxxxxxxxx) of such section 407 of the 2025 Indenture and, in each case, to the extent not prohibited from being incurred pursuant to the terms of the ABL Credit Agreement.
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Additional Specified Indebtedness has the meaning specified in the Intercreditor Agreement.
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Additional Specified Indebtedness means any Indebtedness (as defined in the Cash Flow Credit Agreement) that is or may from time to time be incurred by any Credit Party in compliance with subsection 7.1 of the Cash Flow Credit Agreement (regardless of whether the Cash Flow Credit Agreement is then in effect), other than any such Indebtedness so incurred pursuant to clause (b)(ii), (b)(iii) (but only any such Indebtedness consisting of Senior Subordinated Notes (as defined in the Cash Flow Credit Agreement) or Refinancing Indebtedness (as defined in the Cash Flow Credit Agreement) in respect thereof), (b)(vii) or (b)(ix) (other than Indebtedness consisting of Special Purpose Financing Undertakings, as defined in the Cash Flow Credit Agreement) of such subsection 7.1. of the Cash Flow Credit Agreement.
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Additional Specified Indebtedness means one or more series of senior secured first lien notes, senior secured junior lien notes, senior unsecured notes or subordinated notes, in the case of securities, whether issued in a public offering, Rule 144A or other private placement in lieu of the foregoing or otherwise, secured by the Collateral (if at all) on a pari passu (but without regard to control of remedies) or junior basis with the Obligations, which Indebtedness is issued or incurred by a Loan Party pursuant to an indenture, note purchase agreement or otherwise; provided that (i) the aggregate principal amount of all such Additional Specified Indebtedness shall not exceed $750,000,000, (ii) such Additional Specified Indebtedness shall not be subject to any Guarantee Obligation by any Person other than a Loan Party, (iii) in the case of Additional Specified Indebtedness that is secured, the obligations in respect thereof shall not be secured by any Lien on any asset of the Borrower or any Subsidiary other than any asset constituting Collateral, (iv) in the case of Additional Specified Indebtedness that is secured, the security agreements relating to such Additional Specified Indebtedness shall be substantially the same as the Security Documents (with such differences as are appropriate to reflect the nature of such Additional Specified Indebtedness and are otherwise reasonably satisfactory to the Administrative Agent), (v) in the case of Additional Specified Indebtedness that is secured, such Additional Specified Indebtedness shall be subject to a First Lien Intercreditor Agreement or a Second Lien Intercreditor Agreement, as appropriate, or other intercreditor agreements customary for similar issuances of Indebtedness in form and substance reasonably satisfactory to the Administrative Agent and the Borrower with the holders of such Indebtedness or an agent thereof and the Borrower, and any such First Lien Intercreditor Agreement, Second Lien Intercreditor Agreement or other intercreditor agreement shall remain in full force and effect at any time such Indebtedness remains outstanding, (vi) both immediately before and immediately after the incurrence of such Indebtedness, no Event of Default shall have occurred and be continuing on the date such Indebtedness is incurred, (vii) the maturity date of any Additional Specified Indebtedness shall be no earlier than the date that is 91 days after the Final Revolving Termination Date, (viii) the covenants and events of default applicable to such...
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Additional Specified Indebtedness means any Indebtedness (as defined in the Term Credit Agreement) that is or may from time to time be incurred by any Credit Party in compliance with subsection 7.2 of the Term Credit Agreement, other than any such Indebtedness so incurred pursuant to clause (b)(ii), (b)(iii) (but only any such Indebtedness consisting of Senior Subordinated Notes or Refinancing Indebtedness in respect thereof), (b)(vii) or (b)(ix) (other than Indebtedness consisting of Special Purpose Financing Undertakings, as defined in the Term Credit Agreement) of such subsection 7.2.
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Additional Specified Indebtedness means any Indebtedness that is or may from time to time be incurred by any Credit Party in compliance with: (a) prior to the Discharge of Cash Flow Obligations, Subsection 8.1 of the Original Cash Flow Credit Agreement (if the Original Cash Flow Credit Agreement is then in effect) or the corresponding negative covenant restricting Indebtedness contained in any other Cash Flow Credit Agreement then in effect if the Original Cash Flow Credit Agreement is not then in effect (which covenant is designated in such Cash Flow Credit Agreement as applicable for purposes of this definition); (b) prior to the Discharge of Initial Junior Priority Obligations, Section [ ]2 of the Original Initial Junior Priority Credit Facility (if the Original Initial Junior Priority Credit Facility is then in effect) or the corresponding negative covenant restricting Indebtedness contained in any other Initial Junior Priority Credit Facility then in effect (which covenant is designated in such Initial Junior Priority Credit Facility as applicable for purposes of this definition); and (c) prior to the Discharge of Additional Obligations, any negative covenant restricting Indebtedness contained in any Additional Credit Facility then in effect (which covenant is designated in such Additional Credit Facility as applicable for purposes of this definition). As used in this definition of “Additional Specified Indebtedness”, the term “Indebtedness” shall have the meaning set forth (x) for purposes of the preceding clause (a), prior to the Discharge of Cash Flow Obligations, in the Original Cash Flow Credit Agreement (if the Original Cash Flow Credit Agreement is then in effect), or in any other Cash Flow Credit Agreement then in effect (if the Original Cash Flow Credit Agreement is not then in effect), (y) for purposes of the preceding clause (b), prior to 2 Insert the section number of the negative covenant restricting Indebtedness in the Original Initial Junior Priority Credit Facility.
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Related to Additional Specified Indebtedness

  • Specified Indebtedness means, subject to the Schedule, any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.

  • Closing Date Indebtedness means the aggregate amount of all Indebtedness of the Company Group as of the time of Closing (other than any Indebtedness included in Holder Expenses).

  • Additional Indebtedness means any Additional Specified Indebtedness that (1) is secured by a Lien on Collateral and is permitted to be so secured by:

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • 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.

  • Estimated Indebtedness has the meaning set forth in Section 2.4(a).

  • Permitted Financial Indebtedness means Financial Indebtedness:

  • Permitted Indebtedness means any of the following:

  • Adjusted Indebtedness means, at any date, the result of (a) Seller’s Indebtedness on such date, minus (b) the unpaid principal of Seller’s Subordinated Debt on such date (to the extent such Subordinated Debt is excluded from Seller’s Indebtedness in calculating Seller’s Adjusted Tangible Net Worth on such date in accordance with the definition thereof).

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Receivables Facility Attributed Indebtedness means the amount of obligations outstanding under a receivables purchase facility on any date of determination that would be characterized as principal if such facility were structured as a secured lending transaction rather than as a purchase.

  • Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation).

  • Permitted Convertible Indebtedness Call Transaction means any Permitted Bond Hedge Transaction and any Permitted Warrant Transaction.

  • Permitted Convertible Indebtedness means senior, unsecured Indebtedness of the Borrower or any Restricted Subsidiary that is convertible into shares of common stock of the Borrower (or other securities or property following a merger event, reclassification or other change of the common stock of the Borrower), cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower’s common stock or such other securities or property), and cash in lieu of fractional shares of common stock of the Borrower.

  • Permitted Additional Indebtedness means Permitted Additional Unsecured Indebtedness and Permitted Additional Secured Indebtedness.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Closing Indebtedness means, as of the Closing Date, the aggregate amount of Indebtedness of the Company, including, but not limited to, any prepayment penalties, early termination fees, bank fees and related expenses payable by the Company in connection with the repayment or assumption by the Parent of any Indebtedness of the Company.

  • Pledged Indebtedness means the Indebtedness evidenced by promissory notes and instruments listed on Part B of Schedule I hereto;

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of any Obligor’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of any Obligor’s business in connection with its purchasing of securities, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Investment Policies, provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • Attributable Receivables Indebtedness at any time shall mean the principal amount of Indebtedness which (i) if a Permitted Receivables Facility is structured as a secured lending agreement, would constitute the principal amount of such Indebtedness or (ii) if a Permitted Receivables Facility is structured as a purchase agreement, would be outstanding at such time under the Permitted Receivables Facility if the same were structured as a secured lending agreement rather than a purchase agreement.

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of Holdings and its Restricted Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Specified Refinancing Debt has the meaning specified in Section 2.18(a).

  • Additional Refinancing Amount means, in connection with the Incurrence of any Refinancing Indebtedness, the aggregate principal amount of additional Indebtedness, Disqualified Stock or Preferred Stock Incurred to pay accrued and unpaid interest, premiums (including tender premiums), expenses, defeasance costs and fees in respect thereof.