Existing Subordinate Debt definition
Existing Subordinate Debt means all unsecured Indebtedness of the Parent and its Subsidiaries outstanding from time to time under the Existing Subordinate Note Documents (including Guarantees thereof by Subsidiaries), including all renewals, refinancings, replacements, and extensions thereof to the extent permitted under the Combined Credit Agreements and made in accordance with the terms of the Combined Loan Documents (including Section 7.14 of the U.S. Credit Agreement).
Existing Subordinate Debt is defined in the U.S. Credit Agreement.
Existing Subordinate Debt means the Debt issued or incurred by the District and listed on Schedule 5.01(x) attached hereto and made a part hereto as such Debt exists on the Date of Issuance.
Examples of Existing Subordinate Debt in a sentence
Notwithstanding anything to the contrary contained in any Combined Loan Document, the Borrower shall be permitted to extend, renew, refinance or replace the Existing Subordinate Debt at any time so long as the final maturity date of any such extension, renewal, refinancing or replacement is no earlier than six (6) months after the Maturity Date.
Borrower represents, warrants and covenants to the Lender that all proceeds of the Loan shall be used by Borrower to refinance the Existing Subordinate Debt and the reasonable costs related thereto.
More Definitions of Existing Subordinate Debt
Existing Subordinate Debt means those certain 8% Subordinated Debentures Due April 1, 2001 dated October 21, 1997 in the approximate principal amount of Six Million One Hundred Twenty-Two Thousand Two Hundred Ninety-Seven and 00/100 Dollars ($6,122,297.00) outstanding as of March 31, 2001.
Existing Subordinate Debt means all Indebtedness of the Borrower and Guarantors outstanding from time to time under the Subordinated Note Purchase Agreement, including all renewals, refinancings, replacements, and extensions thereof to the extent permitted hereunder and made in accordance with the terms of the Combined Loan Documents (including Section 7.14).