Capital Market Indebtedness definition

Capital Market Indebtedness means any obligation for the payment of borrowed money which is, in the form of, or represented or evidenced by bonds, or other instruments which are, or are capable of being, listed, quoted, dealt in or traded on any stock exchange or in any organised market and any guarantee or other indemnity in respect of such obligation; and
Capital Market Indebtedness means any obligation for the repayment of borrowed money which is in the form of, or represented or evidenced by, bonds, notes or other securities, with an original maturity of more than one year, which are, or are capable of being, quoted, listed, dealt in or traded on a stock exchange or other recognized securities market.[(3) Guarantee and Negative Pledge of the Guarantor. BASF (the "Guarantor") has given its unconditional and irrevocable guarantee (the "Guarantee") for the due and punctual payment of principal of, and interest on, and any other amounts payable under any Note. The Guarantor has further undertaken in a negative pledge (the "Negative Pledge"), so long as any of the Notes are outstanding, but only up to the time all amounts of principal and interest have been placed at the disposal of the Fiscal Agent, not to provide security upon any of its assets for any present or future Capital Market Indebtedness (as defined above) or any guarantees or other indemnities resulting therefrom, without at the same time having the Holders share equally and ratably in such security as shall be approved by an independent accounting firm of internationally recognized standing as being equivalent security. The Guarantee and Negative Pledge constitute a contract for the benefit of the Holders from time to time as third party beneficiaries in accordance with § 328 German Civil Code (Bürgerliches Gesetzbuch, BGB), giving rise to the right of each Holder to require performance of the Guarantee and the Negative Pledge directly from the Guarantor and to enforce the Guarantee and the Negative Pledge directly against the Guarantor.] INTEREST
Capital Market Indebtedness means any obligation for the payment of borrowed money which is in the form of, or represented by, a certificate of indebtedness or in the form of, or represented by, notes or other securities which are or are capable of being quoted, listed, dealt in or traded on a stock exchange or other recognised securities market.

Examples of Capital Market Indebtedness in a sentence

  • This does not apply to the extent any encumbrance in rem was created for any Capital Market Indebtedness of a subsidiary, which becomes Principal Subsidiary during the term of the Notes, provided that such encumbrance was already in existence at this time and is not increased in amount and not extended.

  • This does not apply to the extent any encumbrance in rem was created for any Capital Market Indebtedness of a company which has merged with the Issuer or which has been acquired by the Issuer, provided that such encumbrance was already in existence at the time of the merger or the acquisition, was not created for the purpose of financing the merger or the acquisition and is not increased in amount and not extended following the merger or the acquisition.


More Definitions of Capital Market Indebtedness

Capital Market Indebtedness means any obligation for the repayment of borrowed money which is in the form of, or represented or evidenced by, bonds, notes or other securities, with an original maturity of more than one year, which are, or are capable of being, quoted, listed, dealt in or traded on a stock exchange or other recognized securities market. INTEREST
Capital Market Indebtedness means any present or future obligation for the payment of borrowed money (including obligations by reason of any guarantee or other liability agreement for such obligations of third parties) which is in the form of, or represented by, bonds, notes or other securities which are capable of being quoted, listed, dealt in or traded on a stock exchange, over-the-counter-market or other recognised securities market (for the avoidance of doubt: Schuldschein loans/promissory notes shall be no Capital Market Indebtedness).
Capital Market Indebtedness means any series of indebtedness specified within clauses (1) or (2) of the definition of “Indebtedness” with an aggregate principal amount outstanding in excess of $100.0 million.
Capital Market Indebtedness means any obligation for the payment of borrowed money which is in the form of, or represented or evidenced by, a certificate of indebtedness or in the form of, or represented or evidenced by bonds, notes, loan stock or other securities which are, or are capable of being quoted, listed, dealt in or traded on a stock exchange or other recognised securities market amounting to or exceeding EUR 5,000,000 or its equivalent in another currency or currencies.
Capital Market Indebtedness means any present or future obligation for the payment of borrowed monies (including obligations by reason of any guarantee or other assumption of liability for any such obligation of a third party) under any bonds, notes or other securities which are or are capable of being quoted, listed, dealt in or traded on a stock exchange, over-the-counter-market or other recognized securities market or Schuldschein loans.
Capital Market Indebtedness means any indebtedness, present or future, of the Is- suer, the Guarantor or any third party in the form of Notes or bond or similar instruments with an original maturity of more than one year, which can be traded on any stock ex- change or other securities market.
Capital Market Indebtedness means any obligation for the payment of borrowed money which is in the form of, or represented or evidenced by, a certificate of indebtedness or in the form of, or represented by, bonds, notes or other securities which are or are capable of being quoted, listed, dealt in or traded on a stock exchange or other recognised securities market. For the purposes of avoiding any doubt in respect of asset-backed financings originated by the Issuer, the expressions "assets" and "obligations for the payment of borrowed money" as used in the § 2 do not include assets and obligations of the Issuer which, pursuant to the requirements of law and International Financial Reporting Standards (IFRS), need not, and are not, reflected in the Issuer's balance sheet.