Approved Debt definition

Approved Debt. A Debt You Tell Us about which is Unpaid, within the relevant Customer’s Credit Limit and which is not or has not become a Disapproved Debt;
Approved Debt means public or private debt of the Public Entity that is consented to and approved, in writing, by the Commissioner of MMB, the proceeds of which were or will used to acquire an ownership interest in or improve the Real Property and, if applicable, Facility, other than the debt on the G.O. Bonds. Approved Debt includes, but is not limited to, all debt delineated in Attachment III to this Agreement; provided, however, the Commissioner of MMB is not bound by any amounts delineated in such attachment unless he/she has consented, in writing, to such amounts.
Approved Debt means Indebtedness incurred by the Parent or any subsidiary thereof (other than NMTC Subsidiaries) (a) having a final stated maturity date that is earlier than the Permitted Debt Maturity Date, and (b) in an aggregate principal amount at any one time outstanding not in excess of $10,000,000.

Examples of Approved Debt in a sentence

  • The portion of such excess monies that the Public Entity must and shall pay to the Commissioner of MMB shall be determined by the Commissioner of MMB, and absent circumstances which would indicate otherwise such portion shall be determined by multiplying such excess monies by a fraction the numerator of which is the G.O. Grant and the denominator of which is sum of the G.O. Grant and the Approved Debt.

  • The Outstanding Balance will automatically be increased by five percent (5%) for each Approved Debt Issuance made by Borrower (without the need for Lender to provide any notice to Borrower of such increase), which increase will be effective as of the date of each applicable Approved Debt Issuance.

  • The portion of such excess monies that the Public Entity must and shall pay to the Commissioner of MMB shall be determined by the Commissioner of MMB, and absent circumstances which would indicate otherwise such portion shall be determined by multiplying such excess monies by a fraction the numerator of which is the Program Grant and the denominator of which is sum of the Program Grant and the Approved Debt.

  • TABLE 4: Distribution of Elderly Person by Family Income and Home Equity (in 1990 dollars)Annual Family Income One attractive feature of HEC plans is that they are available to many elderly persons with relatively low incomes.

  • In relation to transactions on the HKFE, any monies, Approved Debt Securities or Approved Securities received by the Company from the Customer or from any other person (including the Clearing House or the Company’s clearing agent) are held in the manner specified under paragraphs 7 to 12 of Schedule 5 to the Code of Conduct.


More Definitions of Approved Debt

Approved Debt means a debt approved by the Society at the time it is incurred;
Approved Debt has the meaning set forth in Section 3.10(b).
Approved Debt means public or private debt of the Public Entity that is consented to and approved, in writing, by the Commissioner of MMB, the proceeds of which were or will used to acquire an ownership interest in or improve the Real Property and, if applicable, Facility, other than the debt on the G.O. Bonds.
Approved Debt. A Debt Notified to us: (1) which is within the relevant Credit Limit; (2) which has not become a Disapproved Debt pursuant to conditions 5.7 and 5.8; and (3) in respect of which we have not exercised our right of Recourse.
Approved Debt. A Debt Notified to us:
Approved Debt. – means public or private debt of the Public Entity that is consented to and approved, in writing, by the Commissioner of MMB, the proceeds of which were or will used to acquire an ownership interest in or improve the Real Property and, if applicable, Facility, other than the debt on the G.O. Bonds. Approved Debt includes, but is not limited to, all debt delineated in Attachment III to this Agreement; provided, however, the Commissioner of MMB is not bound by any amounts delineated in such attachment unless he/she has consented, in writing, to such amounts.
Approved Debt means, in respect of any Creditor, such amount of Debt of such Creditor which is determined in accordance with the terms of the Scheme as such Creditor’s entitlement to distributions, payments and/or the receipt of Creditors Conversion Shares under the Scheme;