Incurrence-Based Amounts definition
Incurrence-Based Amounts has the meaning assigned to such term in Section 1.07(b).
Incurrence-Based Amounts has the meaning assigned to such term in Section 1.10(c).
Incurrence-Based Amounts shall have the meaning provided in Section 1.12(a).
Examples of Incurrence-Based Amounts in a sentence
For purposes of determining compliance with this Section 6.05, if any Disposition (or a portion thereof) would be permitted pursuant to one or more provisions described above, the Borrower may divide and classify, and subsequently re-divide and/or reclassify (including to reclassify utilization of any Fixed Amounts as incurred under any available Incurrence Based Amounts, including any Financial Incurrence Tests), such Disposition (or a portion thereof) in any manner that complies with this covenant.
More Definitions of Incurrence-Based Amounts
Incurrence-Based Amounts shall have the meaning assigned to such term in Section 1.07(b).
Incurrence-Based Amounts has the meaning assigned to such term in Section 1.04(g).
Incurrence-Based Amounts has the meaning set forth in Section 1.03.
Incurrence-Based Amounts has the meaning specified in Section 1.11(b). “Indebtedness” means, with respect to any Person, without duplication: (a) the principal of any indebtedness of such Person, whether or not contingent, (i) in respect of borrowed money, (ii) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without duplication, reimbursement agreements in respect thereof), (iii) representing the deferred and unpaid purchase price of any property, (iv) in respect of Capitalized Lease Obligations or (v) representing any Swap Contracts, in each case, if and to the extent that any of the foregoing Indebtedness (other than letters of credit and Swap Contracts) would appear as a liability on a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; (b) to the extent not otherwise included, any guarantee by such Person of the Indebtedness of another Person (other than by endorsement of negotiable instruments for collection in the ordinary course of business); and (c) to the extent not otherwise included, Indebtedness of another Person secured by a Lien on any asset owned by such Person (whether or not such Indebtedness is assumed by such Person); provided, however, that the amount of such Indebtedness will be the lesser of: (a) the Fair Market Value of such asset at such date of determination, and (b) the amount of such Indebtedness of such other Person. The term “Indebtedness” shall not include any prepayments of deposits received from clients or customers in the ordinary course of business or consistent with past practices, or obligations under any license, permit or other approval (or guarantees given in respect of such obligations) Incurred prior to the Closing Date or in the ordinary course of business or consistent with past practices. Notwithstanding the above provisions, in no event shall the following constitute Indebtedness:
Incurrence-Based Amounts has the meaning specified in Section 1.06.
Incurrence-Based Amounts as defined in Section 1.7(c).
Incurrence-Based Amounts has the meaning assigned to such term in Section 1.07(2).