Existing Debt definition
Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before giving effect to the consummation of the Transaction.
Existing Debt has the meaning specified in Section 5.02(d)(ii).
Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.
Examples of Existing Debt in a sentence
In connection with such termination of the Existing Debt, all equity interests in the Acquired Companies held by the lenders under the Existing Debt and their Affiliates have been extinguished.
Concurrently with the execution and delivery of this Agreement, SPV LLC has extended a loan to the Company (the “SPV LLC Loan”) and the Company has utilized the proceeds of the SPV LLC Loan to satisfy all amounts outstanding under the Existing Debt and has terminated the Existing Debt.
More Definitions of Existing Debt
Existing Debt means the Indebtedness outstanding under the Existing Credit Agreement.
Existing Debt means Indebtedness of each Loan Party and its Subsidiaries outstanding on the Closing Date.
Existing Debt means any bond, note, loan agreement, lease-purchase agreement or other debt instrument issued prior to July 1st of the first operational year of the new unit for the purposes of funding public schools and career and technical education regions, or for refinancing such debt, that remains outstanding at the time of a reorganization pursuant to this chapter. "Existing debt" does not include routine payables or commercial contract obligations. [PL 2007, c. 668, §22 (AMD).]
Existing Debt means the Debt outstanding on the Closing Date and listed on Schedule 6.12 hereto.
Existing Debt means the obligations of the Borrower or its Subsidiaries in connection with the Bareboat Charterparty with respect to the vessel BRILLIANCE OF THE SEAS dated July 5, 2002 between Halifax Leasing (September) Limited and RCL (UK) LTD, and the replacement, extension, renewal or amendment of the foregoing without increase in the amount or change in any direct or contingent obligor of such obligations.
Existing Debt has the meaning specified in Section 4.01(gg) hereof.
Existing Debt means all Debt for Borrowed Money of the Borrower and its Subsidiaries outstanding immediately before the occurrence of the Restatement Effective Date.