Debt Balance definition

Debt Balance is defined in Section B of Annex B.

Debt Balance means 110% of the principal amount of the Outstanding Notes.

Debt Balance means 110% of the principal amount of the Outstanding Securities.

Examples of Debt Balance in a sentence

• The Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Borrowing Base.

• After the Restatement Effective Date, the Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Borrowing Base.

• Additional Pari Passu Debt Balance Yes Yes Yes Debt amount ranking pari passu to the Loans.

• Sr. Debt Balance Yes Yes Yes Debt amount ranking senior to the Loans.

• The Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Collateral Base.

More Definitions of Debt Balance

Debt Balance means the balance due under all indebtedness of Target, Target Subsidiaries and Retail Entities at the Effective Time, including but not limited to accrued but unpaid interest, and incurred but unpaid prepayment premiums. The Debt Balance does not include the Exchange Properties Indebtedness, as this shall be an obligation of NPI at the Effective Time.

Debt Balance means 110% of the outstanding Original Amount of the Equipment Notes.

Debt Balance means, with respect to any Collateral Group as of any date of determination, the amounts set forth on Schedule II less any scheduled payments or partial redemptions of the Original Amount of the Series A Equipment Notes made with respect to such Collateral Group; provided that (i) unless otherwise expressly set forth in the Trust Indenture, each partial redemption of the Series A Equipment Notes (including pursuant to Section 4.05(a) or 4.05(b) of this Trust Indenture, Section 2.04(a) of the Spare Engines Security Agreement or Section 3.1(a)(iii) of the Collateral Maintenance Annex) shall be allocated to reduce, in the inverse order of their scheduled maturity, the portion of the Debt Balance for such Collateral Group corresponding to the amount prepaid; and (ii) any scheduled payments or partial redemptions corresponding to Spares Collateral shall be allocated pro rata as between the Debt Balance corresponding to each of Spare Parts Collateral and Spare Engines Collateral based on the percentage that each such Debt Balance comprises of the sum of such Debt Balances.

Debt Balance means the total debt balance due for the relevant Quarter;

Debt Balance means the sum of the following (without duplication):

Debt Balance means the sum of cash amount owed by a Client in his margin account including financial expenses, brokerage, CDBL charges and any other fees and charges of the Company.

Debt Balance is amended and restated to read as follows: