Contribution Debt means Indebtedness or Disqualified Stock of the Company or any Guarantor in an aggregate principal amount or liquidation preference not greater than twice the aggregate amount of cash received from the issuance and sale of Qualified Equity Interests of the Company after the Issue Date; provided that:
Contribution Debt means Debt of the Parent Guarantor or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than Excluded Contributions and any such cash contributions that have been used to make a Restricted Payment or a Permitted Investment) made to the equity (other than through the issuance of Redeemable Capital Stock) of the Parent Guarantor or in the form of Deeply Subordinated Funding, in each case, after the Issue Date, provided that (without prejudice to the rights of the Parent Guarantor and the Restricted Subsidiaries, including the right to divide and/or classify and/or reclassify as described in Section 4.06) such Contribution Debt is so designated as Contribution Debt pursuant to an Officer’s Certificate on the Incurrence date thereof.
Contribution Debt means Debt or Disqualified Equity Interests of the Company or any Guarantor with a Stated Maturity after the Stated Maturity of the Notes in an aggregate principal amount or liquidation preference not greater than (i) half (in the case of Debt referred to in clause (1) below) and (ii) twice (in the case of unsecured Debt or Disqualified Equity Interests), the aggregate gross amount of cash proceeds received from the issuance and sale of Qualified Equity Interests of the Company or a capital contribution to the common equity of the Company; provided that:
Examples of Contribution Debt in a sentence
Basket / Threshold Description – Senior Facilities Agreement Provision of Precedent Senior Facilities Agreement (if applicable) Contribution Debt 100%.
On the Distribution Date, AMC will issue the Contribution Debt, consisting of approximately $1,250,000,000 aggregate principal amount of the New AMC Debt to CSC in partial consideration for the asset transfers provided for in the Contribution Agreement.
If WMATA or one or more Contributing Jurisdictions identifies a need to issue Jurisdictional Capital Contribution Debt during FY2021, the Parties shall follow the process established for such issuance in section 4(b)(2) the 0000 XXX.
Financial Contribution: Debt forgiveness under this program provides a financial contribution in the form of a government assumption of liabilities in accordance with section 771(5)(D)(i) of the Act.
Once any priority debts have been repaid or agreement for a repayment plan has been reached with creditors any non-priority debt including RBC Client Contribution Debt will be reviewed.
More Definitions of Contribution Debt
Contribution Debt means Indebtedness of the Borrower and its Subsidiaries in an aggregate outstanding principal amount outstanding on the date of incurrence not to exceed the sum of,
Contribution Debt shall have the meaning set forth in the recitals to this Agreement.
Contribution Debt means Indebtedness of the Issuer in an aggregate principal amount not greater than the aggregate amount of cash received from cash contributions (other than proceeds from Disqualified Stock) made to the capital of the Issuer after the Issue Date; provided that:
Contribution Debt means Indebtedness of the Issuer or any Subsidiary in an aggregate outstanding principal amount not greater than 100% (or 50% in the case of Permitted Disqualified Stock) of the net amount of cash proceeds received by the Issuer from (x) the issuance or sale of the Issuer’s Qualified Equity Interests and Permitted Disqualified Stock or (y) a contribution to the Issuer’s common equity, in each case after the Closing Date (in each case of (x) and (y), other than proceeds (i) from the sale of Equity Interests by the Issuer to any Subsidiary or contributions to the common equity of the Issuer by any of its Subsidiaries or (ii) from the conversion of any Convertible Notes), in each case, to the extent such proceeds have not otherwise been applied to make any Investments pursuant to Section 8.04, any Restricted Payments pursuant to Section 8.06 or any prepayment of Indebtedness pursuant to Section 8.09(b). Notwithstanding anything to the contrary set forth herein, Contribution Debt may only be allocated to Section 8.01(l) or (n) and may not be used to incur any other Indebtedness.
Contribution Debt means Indebtedness of the Borrower or any Guarantor in an aggregate principal amount or, in the case of Disqualified Equity Interests, liquidation preference, not greater than the aggregate amount of cash received from the issuance and sale of Qualified Equity Interests of the Borrower or a capital contribution to the common equity of the Borrower; provided that (i) such cash contributions shall not have been used to make a Restricted Payment or an Investment and shall not increase the Permitted Amount, Excluded Contributions or any other basket dependent on equity contributions or proceeds and (ii) such Contribution Debt shall be incurred within 180 days after the making of such cash contributions and shall be designated as Contribution Debt pursuant to a notice to the Administrative Agent by the Borrower on the date of the incurrence thereof.
Contribution Debt means Debt or Disqualified Equity Interests of the Company or any Guarantor with a Stated Maturity after the Stated Maturity of the Notes in an aggregate principal amount or liquidation preference not greater than (i) half of (in the case of Debt referred to in clause (1) below), (ii) 100% of (in the case of unsecured Debt other than Subordinated Debt or Disqualified Equity Interests) and (iii) twice (in the case of Subordinated Debt that is not Secured Debt) the aggregate gross amount of cash proceeds received from the issuance and sale of Qualified Equity Interests of the Company or a capital contribution to the common equity of the Company; provided that:
Contribution Debt means the debt of LRR-A owing to Xxxxx Fargo Bank, N.A., as Administrative Agent, and the lenders party to that Amended and Restated Credit Agreement dated November 23, 2010, to be assumed by Parent and Borrower pursuant to the terms of the Contribution Agreement as part of the consideration for LRR-A’s contribution of its share of the Contributed Properties.