Debt Repayment Amount definition

Debt Repayment Amount has the meaning given in Section 1.3(b).

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Debt Repayment Amount means an amount equal to the excess, if any, of (i) the Company Net Debt Amount over (ii) the Specified Net Debt Amount.

Debt Repayment Amount means the amount necessary to repay the full amount of the Closing Indebtedness.

Examples of Debt Repayment Amount in a sentence

• The Company or any Restricted Subsidiary must apply the European Asset Sale Debt Repayment Amount for the purposes described in Section 4.16(b)(1) or (b)(2) within 15 days of the receipt of Applicable Proceeds that result in the European Asset Sale Debt Repayment Amount (less any amounts that have previously been applied under clause (b) of the preceding sentence) to exceed $50.0 million (a “European Asset Sale Mandatory Redemption Event”).

• On the Sale Date, the Trustee shall distribute such sales proceeds first to the Class A and Class M Certificates, up to the Debt Repayment Amount, to retire such Certificates, and shall distribute any remaining sales proceeds to the Equity Certificate.

• At the time of Closing, the Company shall be released from all obligations under Seller's Loan, whether contingent or otherwise, in excess of the Debt Repayment Amount.

• An amount by wire transfer of immediately available funds equal to the Debt Repayment Amount to an account to be specified by Royal Bank of Canada no fewer than three (3) Business Days prior to the Closing.

• On the Closing Date, Parent will cause to be repaid the Debt Repayment Amount if required by the lenders of the Seller's Loan.

More Definitions of Debt Repayment Amount

Debt Repayment Amount means an amount equal to the outstanding Indebtedness under the Holdco Credit Agreement immediately prior to the Closing.

Debt Repayment Amount means an amount, to be paid by the Purchaser to the Banks as more specifically set out in Schedule 6.

Debt Repayment Amount means the amount required at Closing to pay in full and otherwise discharge all obligations of Seller under the Debt Agreements, including but not limited to payment of all principal, interest and prepayment penalties in connection with such Debt Agreements.

Debt Repayment Amount means the sum required to repay the Repayment Debt in accordance with clause 5.3.9(4) and paragraph 3 of Schedule 4;

Debt Repayment Amount shall have the meaning set forth in Section 3.3.

Debt Repayment Amount has the meaning given in Clause 3.1;

Debt Repayment Amount means the $55,000,000 (which amount shall include all principal, premium, interest, fees, charges, costs, expenses and other obligations, contingent or otherwise, relating thereto) for which the Company has indemnified Seller pursuant to the Restructuring."