Designated Indebtedness definition

Designated Indebtedness has the meaning assigned to such term in the Guarantee and Security Agreement.

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Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

Designated Indebtedness is defined in paragraph (f) of the definition of “Total Indebtedness”.

Examples of Designated Indebtedness in a sentence

• All notices to any Lender or Designated Indebtedness Holder that is not a party hereto shall be given to the Administrative Agent or Financing Agent for such Designated Indebtedness Holder.

• Notwithstanding the foregoing to the contrary, if the Termination Date shall have occurred with respect to any Class, then the consent rights of such Class (and the related Required Revolving Lenders or Required Designated Indebtedness Holders) under this Section 10.03 shall terminate.

• All notices to any Revolving Lender or Designated Indebtedness Holder that is not a party hereto shall be given to the Revolving Administrative Agent for such Revolving Lender or the Financing Agent for such Designated Indebtedness Holder (or, if there is no Financing Agent, to each Designated Indebtedness Holder).

• Notwithstanding the foregoing, it is understood and agreed that indemnification for Taxes (as defined in the Revolving Credit Agreement) is subject to the provisions of Section 2.14 of the Revolving Credit Agreement and analogous provisions, if any, in Designated Indebtedness Documents.

• All notices to any Revolving Lender or Designated Indebtedness Holder that is not a party hereto shall be given to the Revolving Administrative Agent or Financing Agent for such Designated Indebtedness Holder.

More Definitions of Designated Indebtedness

Designated Indebtedness means any Indebtedness in an aggregate principal amount of at least US$25.0 million (including the amount of all undrawn commitments and matured and contingent reimbursement obligations pursuant to letters of credit thereunder) that is designated as Designated Indebtedness by delivery to the Trustee of an Officer’s Certificate.

Designated Indebtedness means Indebtedness incurred pursuant to the Pass Through Trust Documents, the FINOVA Agreement, the Senior Note Documents, the NationsBanc/Bank of America Agreement, the AFL III Financing Agreement, any Permitted Extension Indebtedness and any Other Permitted Indebtedness.

Designated Indebtedness means, with respect to a Borrower, any Other Secured Indebtedness of such Borrower or any other member of its Obligor Group (including, without limitation, any prepayment penalty, premium, make-whole fee or similar amounts owed in connection with such indebtedness) that has been designated by such Borrower at the time of the incurrence thereof as, or is deemed to be by the Surviving Borrower upon the consummation of a Borrower Merger, “Designated Indebtedness” pursuant to and for purposes of the Guarantee and Security Agreement to which such Borrower is a party in accordance with the requirements of Section 6.01 thereof (regardless of whether such Designated Indebtedness shall continue to constitute Other Secured Indebtedness).

Designated Indebtedness means Indebtedness incurred pursuant to the FINOVA Agreement, the Pass Through Trust Documents, the Unsecured Revolving Credit Facility, the NationsBanc Agreement, the AFL I Credit Agreement, the Senior Note Documents, any Permitted Extension Indebtedness and any Other Permitted Indebtedness.

Designated Indebtedness means (i) Indebtedness currently in existence and more fully described on Exhibit E attached hereto, (ii) Indebtedness for which the Company or any of its Subsidiaries are the sole obligors and obligees, (iii) Indebtedness secured by Permitted Liens and (iv) other indebtedness permitted pursuant to Exhibit E.

Designated Indebtedness means Indebtedness that is

Designated Indebtedness shall have the meaning provided in Section 5.09.