Examples of Joint Venture Debt in a sentence
Compliance – American Municipal Power Joint Venture Debt Covenant Requirements 1.
Joint Venture Debt On March 7, 2022, the Company's Effox-Flextor-Mader, Inc.
Availability: Term Loans may only be incurred on the Closing Date, provided that up to $85 million of the Tranche A Term Loan Facility may be utilized on two additional dates within three months after the Closing Date to refinance the Santa Barbara Joint Venture Debt and the Glendale Joint Venture Debt (each as hereinafter defined) to the extent such debt is to be refinanced as part of the Refinancing.
Neither the Company nor any Subsidiary has any obligation to make payments on the Joint Venture Debt other than those permitted by Section 5.17.
Neither the Company nor any Subsidiary will create, incur, assume or suffer to exist any obligation on its part to make any payment on the Joint Venture Debt other than (a) the obligations set forth in the agreements listed on Schedule V hereto with respect to Joint Venture Debt in existence on the date of this Agreement and (b) obligations substantially similar to those referred to in clause (a) with respect to Joint Venture Debt created, incurred, assumed or arising after the date of this Agreement.