Examples of Existing Debt in a sentence
The Borrower will not enter any other credit agreements or incur any additional debt with a third party, other than the Existing Debt, without the prior written consent of the Lenders.
Chris noted that page 31 refers to the Defeasance of Existing Debt; during 2019$2,996,545 was placed into an irrevocable trust.
CQO Existing Debt means the loan note subscription and cash advance facilities made available to CQO under the Loan Note Sale Agreement dated 14 June 2007; and the secured bridge facility made available to CQO under the Secured Bridge Facility Agreement dated 26 July 2011.
The Borrower has no debt obligations owing to any third parties other than pursuant to the Existing Debt.
Purchasing Power defined as available Debt Capacity(3xEBITDA) +Cash – Existing Debt.