Intercompany Indebtedness definition

Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.
Intercompany Indebtedness means Indebtedness to which the only parties are any of the Operating Partnership and any Consolidated Subsidiary; provided, however, that with respect to any such Indebtedness of which the Operating Partnership or any Guarantor is the borrower or issuer, such Indebtedness is subordinate in right of payment to the Notes.
Intercompany Indebtedness means Indebtedness owing by a Loan Party to another Loan Party.

Examples of Intercompany Indebtedness in a sentence

  • In the event that this Agreement is terminated pursuant to its terms or the Closing does not occur for any reason, the Company shall, or shall cause Arches to, promptly pay back any amounts of Intercompany Indebtedness if Parent or any its Affiliates is the lender for such Intercompany Indebtedness.


More Definitions of Intercompany Indebtedness

Intercompany Indebtedness has the meaning ascribed to in Section 12.5.
Intercompany Indebtedness means (a) Indebtedness owing by a Loan Party or a Subsidiary of a Loan Party to another Loan Party or a Subsidiary of a Loan Party if the corresponding Investment is permitted under Section 8.02, (b) Indebtedness owing by a Loan Party to a Loan Party and (c) Indebtedness owing by a Subsidiary that is not a Loan Party to a Subsidiary that is not a Loan Party.
Intercompany Indebtedness means Indebtedness to which the only parties are the Issuer, the Corporation and any Subsidiary (but only so long as such Indebtedness is held solely by any of the Issuer, the Corporation and any Subsidiary) that is subordinate in right of payment to the Notes.
Intercompany Indebtedness means any Indebtedness of the Borrower or any Restricted Subsidiary owed to and held by the Borrower or any Restricted Subsidiary; provided that the occurrence of any event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer of such Indebtedness (other than to the Borrower or another Restricted Subsidiary) shall be deemed, in each case, to constitute a new incurrence of Indebtedness other than Intercompany Indebtedness by the issuer thereof.
Intercompany Indebtedness is defined in Section 10.14 hereof.
Intercompany Indebtedness shall have the meaning specified in Section 4.11.
Intercompany Indebtedness means, as of any date, Indebtedness to which the only parties are the Parent Guarantor, the Borrower and/or any of their respective Subsidiaries as of such date and which, if the Parent Guarantor or the Borrower is the borrower with respect to such Indebtedness, is subordinated to the obligations under this Agreement and the other Loan Documents.