Excluded Subsidiary Debt means (a) Unsecured Acquired Debt and refinancings, extensions, renewals, or refundings thereof; provided that the principal amount thereof is not increased (other than by amounts incurred to pay the costs of such refinancing, extension, renewal or refunding and any premiums paid in connection therewith); (b) Indebtedness that is owed by a Restricted Subsidiary to the Borrower or to another Restricted Subsidiary; (c) amounts owing by a Restricted Subsidiary pursuant to Securitization Transactions as permitted by Section 6.03(b); and (d) Indebtedness in an amount not to exceed $150,000,000, outstanding on the Investment Grade Rating Date.
Excluded Subsidiary Debt means (a) unsecured Indebtedness of Subsidiaries existing on the Revolving Effective Date and described on Schedule 6.01, (b) refinancings, extensions, renewals, or refundings of any Indebtedness permitted by clause (a) above, provided that the principal amount thereof is not increased, (c) intercompany Indebtedness that is owed by a Subsidiary to, and Guarantees of intercompany debt issued by such Subsidiary of debt of, the Borrower or another wholly owned Subsidiary, (d) amounts owing pursuant to Securitization Transactions and (e) to the extent that a Subsidiary has provided a Guarantee of the Borrower’s Indebtedness and other obligations existing pursuant to this Agreement, such Subsidiary’s Indebtedness that is pari passu with (or subordinate to) the Indebtedness and other obligations existing pursuant to this Agreement.
Excluded Subsidiary Debt means (a) Unsecured Acquired Debt and refinancings, extensions, renewals, or refundings thereof; provided that the principal amount thereof is not increased (other than by amounts incurred to pay the costs of such refinancing, extension, renewal or refunding and any premiums paid in connection therewith), (b) Indebtedness that is owed by a Restricted Subsidiary to the Borrower or to another Restricted Subsidiary; provided that in the case of Indebtedness owed by a Loan Party to a Non-Guarantor Subsidiary, such Indebtedness is subordinated to the Obligations on (i) the subordination terms set forth on Schedule 1.01(b) hereto or (ii) such other subordination terms that may be reasonably acceptable to the Administrative Agent; (c) amounts owing by a Restricted Subsidiary pursuant to Securitization Transactions as permitted by Section 6.03(b); and (d) Indebtedness in an amount not to exceed $150,000,000, outstanding on the Investment Grade Rating Date and set forth on Schedule 1.01(a), which such Schedule 1.01(a) shall be delivered by the Borrower to the Administrative Agent on the Investment Grade Rating Date and shall be part of this Agreement from and after the date of delivery thereof.
More Definitions of Excluded Subsidiary Debt
Excluded Subsidiary Debt means (a) unsecured Indebtedness of Subsidiaries existing on the Second Amendment Effective Date and described on Schedule 6.01, (b) refinancings, extensions, renewals, or refundings of any Indebtedness permitted by clause (a) above, provided that the principal amount thereof is not increased, (c) intercompany Indebtedness that is owed by a Subsidiary to, and Guarantees of intercompany debt issued by such Subsidiary of debt of, the Borrower or another wholly owned Subsidiary, (d) amounts owing pursuant to Securitization Transactions and (e) to the extent that a Subsidiary has provided a Guarantee of the Borrower’s Indebtedness and other obligations existing pursuant to this Agreement, such Subsidiary’s Indebtedness that is pari passu with (or subordinate to) the Indebtedness and other obligations existing pursuant to this Agreement.
Excluded Subsidiary Debt. (a) Unsecured Acquired Debt and refinancings, extensions, renewals, or refundings thereof provided that the principal amount thereof is not increased (other than by amounts incurred to pay the costs of such refinancing, extension, renewal or refunding and any premiums paid in connection therewith), (b) Indebtedness that is owed by a Restricted Subsidiary to the Borrower or to another Restricted Subsidiary, provided that in the case of Indebtedness owed by a Loan Party to a Non-Guarantor Subsidiary, such Indebtedness is subordinated to the Obligations on (i) the subordination terms set forth on Schedule III hereto or (ii) such other subordination terms that may be reasonably acceptable to the Administrative Agent; (c) amounts owing by a Restricted Subsidiary pursuant to Securitization Transactions as permitted by Section 6.3(b)(ii); and (d) Indebtedness set forth on Schedule II hereto.
Excluded Subsidiary Debt. The definition of “Excluded Subsidiary Debt” is amended by deleting the reference to “Section 6.3(b)(ii)” therein and replacing it with “Section 6.3(c)”.
Excluded Subsidiary Debt is amended by deleting the reference to “Section 6.3(b)(ii)” therein and replacing it with “Section 6.3(c)”.
Excluded Subsidiary Debt means (i) intercompany Indebtedness that is owed by a Subsidiary to, and Guarantees of intercompany debt issued by such Subsidiary of debt of, the Borrower or another Wholly-Owned Subsidiary of the Borrower, (ii) amounts owing pursuant to Securitization Transactions and (iii) to the extent that a Subsidiary has provided a Guarantee of the Borrower’s Indebtedness and other obligations existing pursuant to this Agreement, such Subsidiary’s Indebtedness that is pari passu with (or subordinate to) the Indebtedness and other obligations existing pursuant to this Agreement.
Excluded Subsidiary Debt means Permitted Secured Debt of any Excluded Subsidiary. FDIC Percentage shall mean, on any day, the net assessment rate (expressed as a percentage rounded to the next highest 1/100 of 1%) which is in effect on such day (under the regulations of the Federal Deposit Insurance Corporation or any successor) for determining the assessments paid by Agent to the Federal Deposit Insurance Corporation (or any successor) for insuring Eurocurrency deposits made in dollars at Agent's principal offices (which for NationsBank shall be its offices in Dallas, Texas, or, if applicable, the Applicable Lending Office). Each determination of said percentage made by Agent shall, in the absence of manifest error, be binding and conclusive. Federal Funds Rate means, for any day, the rate per annum (rounded upwards if necessary, to the nearest 1/100th of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day, provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate quoted to Agent on such day on such transactions from three Federal funds brokers of recognized standing.
Excluded Subsidiary Debt means (a) intercompany Debt of the Companies, (b) any guaranty by a Subsidiary of Debt of the Companies under this Agreement and (c) Debt of MIX under the Note Purchase Agreements and Debt of any guarantor thereof that is a Subsidiary.