Existing Debt definition

Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.
Existing Debt has the meaning specified in Section 5.02(d)(ii).
Existing Debt has the meaning specified in Section 4.01(gg) hereof.

Examples of Existing Debt in a sentence

  • Proceeds from New Debt are the cash proceeds received from new sources of debt.v. Repayments of Existing Debt are the cash repayments of principal related to the all existing debt, if any.vi.

  • Proceeds from Existing Debt are the cash loan proceeds received under existing loans, if any.iv.

  • Current Portion – Existing Debt consists of the total principal balance related to existing debt that will be repaid in the following year and should relate to the “Proceeds from Existing Debt” and “Repayments of Existing Debt” categories included on the Statement of Cash Flows.iii.

  • The Existing Debt Allotment program is similar to the Tier II funding structure.

  • Notes Payable – Existing & New consists of the total outstanding principal balance related to the all existing and new sources of debt, if any, less the Current Portion – Existing Debt category.2. Deferred Grant Revenue: Grantees should account for revenue recognized from grants.


More Definitions of Existing Debt

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 means Indebtedness of each Loan Party and its Subsidiaries outstanding on the Closing Date.
Existing Debt means all Debt for Borrowed Money of the Borrower and its Subsidiaries outstanding immediately before the occurrence of the Restatement Effective Date.
Existing Debt shall have the meaning provided in Section 8.04(d).
Existing Debt means such Debt set forth on Schedule 5.02(b).
Existing Debt means the indebtedness of the Company under the Existing Credit Agreement.