Funded Borrower Debt definition
Funded Borrower Debt means Indebtedness of Borrower (determined on an unconsolidated basis) of the type referred to in clauses (1), (2) and (4) of the definition of “Indebtedness” and any other Finance Lease Obligations of the Borrower, including, for the avoidance of doubt, (x) any drawn Letter of Credit (it being understood that issued but undrawn Letters of Credit shall not constitute Funded Borrower Debt) and (y) any guarantees with respect to any of the foregoing.