Debt Limit definition

Debt Limit means, as of any date of determination, an amount equal to (x) the aggregate Revolving Commitments (as defined in the Credit Agreement) as of the Series B-3 Closing Date plus (y) the outstanding principal amount of Term Loans (as defined in the Credit Agreement) as of the Series B-3 Closing Date minus (z) the aggregate principal amount of Term Loans repaid or prepaid on or following the Series B-3 Closing Date.

Debt Limit means, at any date, the product of (a) Consolidated EBITDA for the period of four consecutive fiscal quarters ending at the date of the balance sheet most recently delivered (or required to be delivered) on or prior to such date pursuant to section 5.5 or 6.1 and (b) the applicable Leverage Factor.

Debt Limit means, as provided in Article X, Section 15(6) of the Constitution, an amount determined from time to time equal to eight percent of the assessed value of all taxable property of the School District.

Examples of Debt Limit in a sentence

• Maximum Debt Limit, if any, shall mean the amount more particularly described in Schedule ‘‘A’’ hereof.

• Any mortgage, line-of-credit or other monetary lien granted by the Homeowner and/or imposed on the Home, which is not a Permitted Mortgage as defined herein, or the principal of which exceeds the Debt Limit, unless approved by ACLT in writing, shall be void ab initio and without any effect.

• Unless otherwise specified by CDLAC, the address of CDLAC is: California Debt Limit Allocation Committee 000 Xxxxxxx Xxxx, Xxxx 000 Xxxxxxxxxx, XX 00000 Attention: Executive Director The Governmental Lender, the Administrator, CDLAC and the Borrower may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.

• Unless otherwise specified by CDLAC, the address of CDLAC is: California Debt Limit Allocation Committee 000 Xxxxxxx Xxxx, Xxxx 000 Xxxxxxxxxx, XX 00000 Attention: Executive Director The Governmental Lender, CDLAC, Investor Limited Partner, Funding Lender and the Borrower may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.

• Unless otherwise specified by CDLAC, the address of CDLAC is: California Debt Limit Allocation Committee 000 Xxxxxxx Xxxx, Xxxx 000 Xxxxxxxxxx, XX 00000 Attention: Executive Director The Issuer, the Administrator, CDLAC and the Borrower may, by notice given hereunder, designate any further or different addresses to which subsequent notices, certificates or other communications shall be sent.

More Definitions of Debt Limit

Debt Limit means the debt limit of the City;

Debt Limit shall have the meaning set forth in Section 8.1(b)(vi) hereof.

Debt Limit means that dollar amount determined and periodically adjusted in accordance with Section 5.10(b).

Debt Limit means a limit on the total amount of direct debt (excluding certain categories of debt such as utility revenue bonds) that a local governmental entity may have outstanding at any particular time. Redevelopment commissions have their own separate debt limit equal to 2% of the net assessed value of the territory in the jurisdiction of the redevelopment commission. Financings in the form of a lease usually do not count against a local governmental entity’s debt limit.

Debt Limit means the limitation on the incurrence of short-term debt applicable to the Borrower in effect from time to time either in accordance with applicable law or a waiver thereof granted by competent governmental authority, including without limitation, the New Hampshire Public Utilities Commission.

Debt Limit means the debt limit for a city determined in accordance with subsection 133(1);

Debt Limit means the debt limit for a municipality determined in accordance with section 161;