EDC Secured Debt definition

EDC Secured Debt means (a) the secured loan between Export Development Canada and Holdco dated 28 April 2006; and (b) the secured loan between Export Development Canada and Holdco dated 26 November 2007, including any Indebtedness incurred for the purpose of refinancing any EDC Secured Debt, provided that (i) the principal amount then outstanding is not increased and (ii) the terms of any such Indebtedness are not materially more onerous on the Company or more favourable to the lender than the terms of the original EDC Secured Debt.
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Related to EDC Secured Debt

  • Secured Debt means Debt secured by any mortgage, lien, charge, pledge or security interest of any kind.

  • Consolidated Secured Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a Lien on any asset or property of such Person or its Restricted Subsidiaries.

  • Total Secured Debt means, as of any date of determination, the aggregate amount of senior securities representing secured indebtedness of the Obligors as of such date of determination.

  • Consolidated First Lien Secured Debt means Consolidated Total Debt as of such date that is not Subordinated Indebtedness and is secured by a Lien on all of the Collateral that ranks on an equal priority basis (but without regard to the control of remedies) with Liens on all of the Collateral securing the Obligations.

  • Permitted Secured Indebtedness any Secured Indebtedness that: