Designated Earlier Maturing Debt definition

Designated Earlier Maturing Debt means (x) any (i) Incremental Term Loans, (ii) Incremental Equivalent Debt, (iii) Credit Agreement Refinancing Indebtedness (other than Other Revolving Commitments) and/or (iv) other Indebtedness, in each case, incurred to consummate a Permitted Acquisition or other Investment not prohibited by this Agreement and (y) any (i) Incremental Term Loans, (ii) Incremental Equivalent Debt, (iii) Credit Agreement Refinancing Indebtedness (other than Other Revolving Commitments) and/or (iv) other Indebtedness designated by Bidco to the Administrative Agent that has a maturity date earlier than the Term Maturity Date and/or a shorter Weighted Average Life to Maturity than the remaining Amendment No. 1 Refinancing Term Loans; provided that at the time of any incurrence of such Indebtedness pursuant to this clause (y), the aggregate principal amount of all such Indebtedness shall not exceed the greater of (x) $750,000,000 and (y) Consolidated EBITDA for the most recently ended Test Period as of such date, calculated on a Pro Forma Basis.
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Designated Earlier Maturing Debt means any (i) Incremental Facility, (ii) any Permitted Credit Agreement Refinancing Debt and/or (iii) other Indebtedness designated by the Borrower to the Administrative Agent that has a maturity date earlier than the Maturity Date and/or a shorter Weighted Average Life to Maturity than the remaining Replacement 2023 Term B Loans; provided that at the time of any incurrence of such Indebtedness, the aggregate principal amount of all such Indebtedness shall not exceed $55,000,000. “Designated Non-Cash Consideration”: the Fair Market Value of non-cash consideration received by the Company Borrower or one of its Restricted Subsidiaries in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-Cash Consideration. “Designated Preferred Stock”: Preferred Stock of the Company Borrower or any direct or indirect parent of the Company Borrower, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company Borrower or any of the Subsidiaries or an employee stock ownership plan or trust established by the Company Borrower or any of the Subsidiaries) and is so designated as - 25-
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Designated Earlier Maturing Debt means any (i) Incremental Facility, (ii) any Permitted Credit Agreement Refinancing Debt and/or (iii) other Indebtedness designated by the Borrower to the Administrative Agent that has a maturity date earlier than the Maturity Date and/or a shorter Weighted Average Life to Maturity than the remaining Term B-4 Loans; provided that at the time of any incurrence of such Indebtedness, the aggregate principal amount of all such Indebtedness shall not exceed $50,000,000.
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More Definitions of Designated Earlier Maturing Debt

Designated Earlier Maturing Debt means any (i) Incremental Facility, (ii) any Permitted Credit Agreement Refinancing Debt and/or (iii) other Indebtedness designated by the Borrower to the Administrative Agent that has a maturity date earlier than the Maturity Date and/or a shorter Weighted Average Life to Maturity than the remaining Term B-4 Loans; provided that at the time of any incurrence of such Indebtedness, the aggregate principal amount of all such Indebtedness shall not exceed $50,000,000. “Designated Non-Cash Consideration”: the Fair Market Value of non-cash consideration received by the Company Borrower or one of its Restricted Subsidiaries in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-Cash Consideration. “Designated Preferred Stock”: Preferred Stock of the Company Borrower or any direct or indirect parent of the Company Borrower, as applicable (other than Disqualified Stock), that is issued for cash (other than to the Company Borrower or any of the Subsidiaries or an employee stock ownership plan or trust established by the Company Borrower or any of the Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate, on the issuance date thereof, the cash proceeds of which are excluded from the calculation set forth in Section 6.2(a)(3). “Disposition”: with respect to any property (including Capital Stock of the Borrower or any Restricted Subsidiary thereof), any sale, lease, Sale Leaseback Transaction, assignment, conveyance, transfer or other disposition thereof (including by merger or consolidation or amalgamation and excluding the granting of a Lien permitted hereunder) and any issuance of Capital Stock of any Restricted Subsidiary of the Company Borrower. The terms “Dispose” and “Disposed of” shall have correlative meanings. “Disposition Percentage”: as defined in Section 2.6(c). “Disqualified Lenders” shall mean, at any time, those Persons previously identified in writing by the Company Borrower to the Administrative Agent as such list may be updated from time to time solely with respect to any competitor of the Company Borrower and its Subsidiaries following the Closing Date. The list of Disqualified Lenders shall be made available to all Lenders at all times. “Disqualified Stock”: any Capi...
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Related to Designated Earlier Maturing Debt

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Final Maturity Date means March 31, 2022.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Assumed Final Maturity Date As to each Class of Certificates, the date set forth as such in the Preliminary Statement.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Class C Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • Legal Final Maturity Date means the first Settlement Date on or after the date that is two years after the Termination Date.

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.