Borrowed Debt definition

Borrowed Debt means any Debt for money borrowed, including loans, hybrid securities, debt convertible into Equity Interests and any Debt represented by notes, bonds, debentures or other similar evidences of Debt for money borrowed.

Borrowed Debt of any Person means the sum of (a) all obligations of such Person for borrowed money and obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, plus (b) all Receivables Transaction Attributed Indebtedness of such Person, plus (c) all obligations, contingent or otherwise, of such Person in respect of letters of credit, letters of guaranty, bankers’ acceptances or similar extensions of credit, plus (d) all Capital Lease Obligations of such Person, plus (e) any monetary obligation of such Person under a synthetic, off-balance sheet or tax retention lease or any other monetary obligation arising under a similar transaction, plus (f) all Guarantees by such Person of Borrowed Debt of others.

Borrowed Debt of any Person means the sum, without duplication, of (a) all Indebtedness of such Person for borrowed money and Indebtedness of such Person evidenced by bonds, debentures, notes or other similar instruments, plus (b) all Receivables Transaction Attributed Indebtedness of such Person, plus (c) all Indebtedness, contingent or otherwise, of such Person in respect of letters of credit, letters of guaranty, bankers’ acceptances or similar extensions of credit, plus (d) all Capital Lease Obligations of such Person, plus (e) any monetary obligation of such Person under a synthetic, off-balance sheet or tax retention lease or any other monetary obligation arising under a similar transaction, plus (f) all Guarantees by such Person of Borrowed Debt of others.

Examples of Borrowed Debt in a sentence

• The proceeds of the Advances shall be available (and the Company agrees that it shall use such proceeds) solely for working capital and general corporate purposes of the Company and its Subsidiaries, provided, however, that unless the Borrowed Debt to EBITDA Ratio is less than 3.50:1, proceeds of the Advances shall not be used for repayment of third-party indebtedness (other than the December 2002 principal installment of debt of Sunbelt of which the Company's ratable share is $6,093,750).

• Borrowed Debt Outstanding(in millions)203.5(g)/203.6(l)PBC revenues are <- 1 Borrowed Debt OutstandingDASNY Debt issuance 7/13/2011FY24 FY25 FY26 FY27pledged to repayment2DASNY Debt issuance 10/21/2016 of the following DASNY3Capital lease obligationsindebtedness issued Debt outstanding at March 31st year end$43.3$ 29.0$ 15.8$ 14.3through New York StateDepartment of Health in 000's *All debt is issued.

• As of the Signing Date, except with respect to the Credit Facility (which such Liabilities will be released at or prior to Closing pursuant to Section 2.2), no Group Company has any Liabilities in respect of any Company Borrowed Debt.

• As of the Closing Date, set forth on Schedule 5.1(i) is a complete and correct listing of all of Borrower’s (i) Borrowed Debt, and (ii) Contingent Liabilities.

• At the Closing, Buyer shall (a) on behalf of the Group Companies, cause the Company Borrowed Debt, if any, to be repaid in full to the Person(s) entitled thereto pursuant to the Payoff Letters, and (b) on behalf of the Group Companies and Seller, pay the Selling Expenses to the Persons entitled thereto in accordance with the instructions to be delivered by Seller to Buyer prior to the Closing Date (collectively, the “Settlement Amounts”).

More Definitions of Borrowed Debt

Borrowed Debt means Debt other than Debt of the type referred to in clauses (f) and (i) of the definition of Debt.

Borrowed Debt means Debt described in clauses (a) through (e) of the definition thereof.

Borrowed Debt means any Indebtedness for money borrowed, including loans, hybrid securities, debt convertible into Equity Interests and any Indebtedness represented by notes, bonds, debentures or other similar evidences of Indebtedness for money borrowed.

Borrowed Debt means Debt (i) that is represented by notes payable, drafts accepted, bonds, debentures or similar instruments that represent extensions of credit, (ii) upon which interest charges are customarily paid (other than trade Debt), (iii) that was issued or assumed as full or partial payment for property, (iv) that is evidenced by a guarantee (but only if the obligations guaranteed would otherwise qualify as Money Borrowed), (v) that constitutes reimbursement obligations with respect to letters of credit, or (vi) that constitutes a Capitalized Lease Obligation.

Borrowed Debt means any Debt for money borrowed, including without limitation loans, hybrid securities, debt convertible into Equity

Borrowed Debt that portion of any Grantor's Obligations that constitutes indebtedness which is created, assumed, incurred or guaranteed in any manner by such Grantor or for which such Grantor is otherwise responsible or liable (whether by agreement to purchase indebtedness of, or to supply funds to invest in, others) and which, if secured by any Restricted Collateral, would constitute Secured Indebtedness.

Borrowed Debt of any Person means the sum, without duplication, of (a) all Indebtedness of such Person for borrowed money and Indebtedness of such Person evidenced by bonds, debentures, notes or other similar instruments, plus (b) all Receivables Transaction Attributed Indebtedness of such Person, plus (c) all Indebtedness, contingent or otherwise, of such Person in respect of letters of credit, letters of guaranty, bankers’ acceptances or similar extensions of credit, plus (d) all Capital Lease Obligations of such Person, plus (e) any monetary obligation of such Person under a synthetic,