Funded Liabilities definition

Funded Liabilities shall have the meaning set forth in Section 2.3(a).

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Funded Liabilities means, without duplication:

Funded Liabilities or “Funded Debt” shall mean and includes without duplication:

Examples of Funded Liabilities in a sentence

On the Initial Closing Date, the Company shall have Estimated Funded Liabilities of no less than One Hundred Ten Million Dollars ($110,000,000) and no more than One Hundred Thirty Million Dollars ($130,000,000).
If the amount of Estimated Funded Liabilities as calculated pursuant to this Section 2.10 is greater than One Hundred Eighteen Million Seven Hundred Thousand Dollars ($118,700,000), then the difference shall be the "Estimated Funded Liabilities Excess").
The Funded Liabilities as of the close of business on April 30, 2000 (the "Estimated Funded Liabilities") shall be calculated by the Company and a copy of the calculation thereof (the "Funded Liabilities Statement") shall be delivered by the Shareholder Representative to the Purchaser on or before the Closing Date.
The Funded Liabilities as of the close of business on March 31, 2000 (the "Estimated Funded Liabilities") shall be calculated by the Company and a copy of the calculation thereof (the "Funded Liabilities Statement") shall be delivered by the Shareholder Representative to Windward on or before the Initial Closing Date.
If the amount of Estimated Funded Liabilities as calculated pursuant to this Section 2.10 is less than One Hundred Eighteen Million Seven Hundred Thousand Dollars ($118,700,000), then the difference shall be the "Estimated Funded Liabilities Shortfall").
On the date of the Initial Advance, the Borrowers and their Subsidiaries have no outstanding Funded Liabilities or Current Liabilities, except as reflected in the fiscal year end financial statements of the Borrowers and their Subsidiaries referred to in Section 3.04 hereof and changes in the ordinary course of business and matters that have been disclosed to the Bank.
The Borrower shall maintain a ratio of total Funded Liabilities to Tangible Net Worth of not more than .75 to 1.0.
On the Subsequent Closing Date, the Company shall have Estimated Funded Liabilities of no less than One Hundred Ten Million Dollars ($110,000,000) and no more than One Hundred Thirty Million Dollars ($130,000,000).
On the date of this Agreement, the Borrower has no ---------------- outstanding Funded Liabilities except as reflected in the financial statements furnished to the Bank pursuant hereto.
Maximum Funded Liabilities to Tangible Net Worth 17 SECTION 6.05.

More Definitions of Funded Liabilities

Funded Liabilities means, at any date of determination, all Indebtedness of any Person that has an original maturity date in excess of one year.

Funded Liabilities means all Indebtedness for money borrowed, Indebtedness evidenced or secured by purchase money liens, Capital Lease Obligations, conditional sales contracts and similar title retention debt instruments, (regardless of when such Indebtedness matures). The calculation of Funded Debt shall include (without duplication) (i) all Funded Debt of the Company and its Subsidiaries, (ii) all Funded Debt of other Persons, other than Subsidiaries, which has been guaranteed by the Company or one of its Subsidiaries, which is supported by a letter of credit issued for the account of the Company or one of its Subsidiaries, or as to which and to the extent the Company or one of its Subsidiaries, or its assets have otherwise become liable for payment thereof, (iii) all Indebtedness for money borrowed by the Company pursuant to lines of credit or revolving credit facilities (regardless of the term thereof), and (iv) all Subordinated Debt.

Funded Liabilities. STATEMENT shall have the meaning given to it in Section 2.10(C). GAAP shall mean generally accepted accounting principles as in effect from time to time in the United States of America. GOVERNMENTAL AUTHORIZATIONS shall mean, with regard to any Person, all approvals, concessions, consents, franchises, licenses, permits, plans, registrations and other authorizations of all Authorities that are material to such Person. GOVERNMENTAL ENTITY shall mean any federal, state or local governmental agency, board or authority. GOVERNMENTAL FILINGS shall mean all filings, including franchise and similar Tax filings, and the payment of all fees, assessments, interest and penalties associated with such filings, with all Authorities. GRIFFITHS shall have the meaning set forth in the preamble to this Agr▇▇▇▇▇▇.

Funded Liabilities means interest bearing debt ----------------------------------- including, without limitation and duplication: