Consolidated Subordinated Indebtedness means, at any date of determination thereof, the Subordinated Notes and any other Indebtedness of the Company that is subordinated to the obligations owed to each of the Lenders issued on terms and conditions acceptable to the Lenders in their sole discretion.
Consolidated Subordinated Indebtedness means, at any date of determination thereof, the 2.25% Convertible Notes and any other Indebtedness of the Parent Borrower that is expressly subordinated to the Obligations on the same or other terms and conditions acceptable to the Required Lenders in their sole discretion.
Consolidated Subordinated Indebtedness means any Indebtedness (including any convertible Indebtedness) of the Borrower having no scheduled principal payments prior to the Term Maturity Date and that is otherwise subordinated to the obligations owed to each of the Lenders on terms and conditions acceptable to the Required Lenders in their reasonable discretion.
Examples of Consolidated Subordinated Indebtedness in a sentence
Until no 6% Subordinated Note is outstanding, the Company will use the proceeds received from any incurrence of Consolidated Subordinated Indebtedness on or prior to May 15, 2003 to prepay, purchase, redeem, retire or otherwise acquire the 6% Subordinated Notes within 90 days of such incurrence.
More Definitions of Consolidated Subordinated Indebtedness
Consolidated Subordinated Indebtedness means, at any date of
Consolidated Subordinated Indebtedness contained in Section 1.01 of the Existing Credit Agreement is hereby amended to insert "acceptable to the Required Lenders" in place of "acceptable to the Lenders".
Consolidated Subordinated Indebtedness means any and all Permitted Subordinated Debt of Aeroflex and its Subsidiaries, all as consolidated in accordance with GAAP.
Consolidated Subordinated Indebtedness shall include the convertible subordinated debt securities of the Borrower in principal amount not to exceed $115,000,000 due not earlier than 2005.
Consolidated Subordinated Indebtedness means Consolidated Funded Indebtedness which is subordinated to the Obligations on terms acceptable to the Administrative Agent.
Consolidated Subordinated Indebtedness at a particular date, with respect to the Borrower, the aggregate principal amount of Indebtedness outstanding under the Senior Subordinated Notes, the Exchange Notes and the Additional Senior Subordinated Notes as such Indebtedness may be amended, supplemented or otherwise modified in accordance with subsection 8.10(b).
Consolidated Subordinated Indebtedness means, as of the last day of any fiscal quarter, the aggregate (without duplication) of all Subordinated Indebtedness of the Borrower and its Subsidiaries as of such date, determined on a consolidated basis in accordance with GAAP.