Debt Incurrence definition

Debt Incurrence means any issuance or sale by the Borrower or any of its Subsidiaries of any Debt after the Closing Date other than Permitted Debt.

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Debt Incurrence means the incurrence by the Borrower or any of its Subsidiaries after the Effective Date of any Indebtedness.

Debt Incurrence has the meaning assigned to such term in Section 2.05(c)(ii).

Examples of Debt Incurrence in a sentence

• Notwithstanding anything herein to the contrary, any such prepayment shall not constitute or be deemed to be a cure of any Default or Event of Default arising as a result of such Debt Incurrence.

• The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be made pursuant to Section 5.2(a) (other than prepayments made in connection with any Debt Incurrence Prepayment Event or New Debt Incurrence Prepayment Event), in each case at least three Business Days prior to the date such prepayment is required to be made (or such shorter period of time as agreed to by the Administrative Agent in its reasonable discretion).

• In the event that the Company or any Subsidiary (x) incurs Indebtedness not permitted pursuant to paragraph 6C (an “Unpermitted Debt Incurrence”), or (y) issues any capital stock or other equity interests (an “Equity Issuance”), the Company will, within ten (10) days after such Unpermitted Debt Incurrence or Equity Issuance (as applicable), give written notice of such Unpermitted Debt Incurrence or Equity Issuance to each holder of Notes.

• Any Default or Event of Default arising from such Unpermitted Debt Incurrence shall be deemed to be continuing following any Prepayment Offer (and any related prepayment of the Notes in connection therewith) made in connection with such Unpermitted Debt Incurrence, regardless of whether such Prepayment Offer is accepted or rejected by any holder of Notes.

• Immediately upon the receipt by any Loan Party or Subsidiary thereof of the Net Cash Proceeds of any Debt Incurrence, other than a Debt Incurrence permitted under Section 7.1, the Borrower shall prepay, or cause such other Loan Party or Subsidiary thereof to prepay, Obligations in an amount equal to 100% of the amount of such Net Cash Proceeds.

More Definitions of Debt Incurrence

Debt Incurrence means any incurrence of indebtedness for borrowed money by any Group Member, whether pursuant to a public offering or a Rule 144A or other private placement of debt securities (and including any secured debt securities (but excluding any unsecured debt securities) which are convertible into equity securities of the Borrower) or an incurrence of loans under any loan or credit facility, or any issuance of bonds, other than:

Debt Incurrence means any incurrence after the Closing Date by the Borrower or any of its Subsidiaries of any Indebtedness of the type referred to in clause (a) or (b) of the definition of such term, but excluding (a) Indebtedness owed by the Borrower or any of its Subsidiaries to the Borrower or any of its Affiliates, (b) Indebtedness under the Existing Credit Agreement or any other credit facility of the Borrower or any Subsidiary existing on the Signing Date (including any amendments, supplements, renewals, extensions, refinancings or replacements thereof; provided that any such amendment, supplement, renewal, extension or refinancing does not increase the aggregate principal amount thereof except with respect to accrued interest, fees and other applicable costs associated with such renewal, extension or refinancing), (c) any commercial paper issued in the ordinary course of business, (d) any working capital facilities, overdraft facilities, factoring arrangements, hedging and cash management obligations, letter of credit facilities and Capital Lease Obligations incurred in the ordinary course of business of the Borrower and its Subsidiaries, (e) Indebtedness incurred to finance the acquisition, construction, repair, development or improvement of any fixed or capital assets, including Capital Lease Obligations; provided that (i) such expenditures are substantially consistent with the Borrower’s publicly announced forecasts with respect to such expenditures made prior to the Signing Date and (ii) the Net Cash Proceeds of all such incurrences of Indebtedness do not exceed $1,000,000,000 in the aggregate, (f) subject to the consent of the Administrative Agent (such consent not to be unreasonably withheld, delayed or conditioned), Indebtedness incurred to finance a Specified Acquisition other than the Contribution and (g) any other Indebtedness incurred since the Signing Date the Net Cash Proceeds of which do not exceed $50,000,000 in the aggregate.

Debt Incurrence means a Foreign Subsidiary Debt Incurrence, a Senior Debt Incurrence or a Subordinated Debt Incurrence, as applicable.

Debt Incurrence has the meaning set forth in Schedule I.

Debt Incurrence means any issuance or sale by the Borrower or any of its Subsidiaries of any Debt after the Effective Date other than Permitted Debt.

Debt Incurrence means any issuance or incurrence by Holdings or any Restricted Subsidiary of any Indebtedness, other than Indebtedness permitted by Section 6.01.

Debt Incurrence means any incurrence by the Company or any of its Subsidiaries of any Indebtedness, other than the Indebtedness permitted under Section 6.1.