JV Indebtedness definition

JV Indebtedness means, with respect to any Asset Owning Entity listed in column (1) of Part 2 of Schedule 2, Indebtedness of such Asset Owning Entity owed to its JV Members (or any of them).
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JV Indebtedness means, with respect to any JV at any date, the Indebtedness of such JV on such date.
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JV Indebtedness means all indebtedness evidenced by the JV Debt Collateral.
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Examples of JV Indebtedness in a sentence

  • The European J.V. will not permit the ratio at the end of any fiscal quarter of (a) Consolidated Net J.V. Indebtedness at such date to (b) Consolidated European J.V. EBITDA for the period of four consecutive fiscal quarters ended at such date, to be greater than 3.00 to 1.00.

  • If the decision maker decides that the scholastic record should not be amended, the decision maker will provide the parent or eligible student a written decision setting forth the reasons for the decision and notice of the parent or eligible student’s right to place a statement in the scholastic record commenting on the contested information and/or stating why he or she disagrees with the hearing decision.

  • Upon the repayment in full of the Existing JV Indebtedness, the Borrower shall (i) create a newly-formed domestic wholly-owned Subsidiary, (ii) use reasonable best efforts to obtain consent to grant a first-priority pledge of 100% of the Equity Interests in such newly created Subsidiary to the Collateral Agent to secure the Obligations and (iii) transfer all Equity Interests held by the Borrower and identified in Schedule 6.13(f) to such newly created Subsidiary.

  • The Partnerships own directly or indirectly 100% of the interests in the subsidiaries that own any of the Partnership Properties or JV Properties, free and clear of all Liens other than as set forth on Schedule 4.4(a) (any of such Liens shall be released at or prior to the Closing) and Liens arising pursuant to the Assumed Indebtedness, JV Indebtedness and PPM Indebtedness and the organizational documents of the relevant subsidiary and Permitted Encumbrances.

  • Seller will cooperate with Purchaser in requesting from the applicable lender of any Assumed Indebtedness, JV Indebtedness and PPM Indebtedness the modifications to the Assumed Indebtedness set forth on Schedule 6.4-1 but failure to obtain such modifications shall not be a condition to Closing or to the assumption of the Assumed Indebtedness by Purchaser.

  • JV Indebtedness and PPM Indebtedness................................................

  • Vote its equity interests in the Laurel Mountain JV to enable the Laurel Mountain JV to, or otherwise permit the Laurel Mountain JV to, incur, assume or otherwise be liable in respect of any Indebtedness (other than Permitted Laurel Mountain JV Indebtedness) at any time outstanding.

  • The European J.V. will not permit the ratio at the end of any fiscal quarter of (a) Consolidated Net J.V. Indebtedness at such date to (b) Consolidated European J.V. EBITDA for the period of four consecutive fiscal quarters ended at such date, to be greater than 2.75 to 1.00.

  • Seller will use its commercially reasonable efforts and cooperate with Purchaser to cause the holders of the Assumed Indebtedness, JV Indebtedness and PPM Indebtedness to permit the assumption thereof by Purchaser as contemplated by this Agreement or consent to the Transfers as applicable (including taking subject to such Indebtedness).

  • The Purchase Price is payable at Closing by (i) Purchaser paying in cash an amount equal to the Purchase Price, less 100% of the principal amount outstanding of the Assumed Indebtedness and PPM Indebtedness as of the Closing Date, and (ii) Purchaser assuming or taking the Purchased Assets subject to the Assumed Indebtedness, the JV Indebtedness and the PPM Indebtedness.


More Definitions of JV Indebtedness

JV Indebtedness means the Indebtedness described on Schedule 4.12(a).
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Related to JV Indebtedness

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation).

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Subordinate Indebtedness means all present and future indebtedness, obligations, and liabilities of Borrower to Subordinate Lender under or in connection with the Subordinate Loan or the Subordinate Loan Documents.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Permitted Subsidiary Indebtedness means any of the following:

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Permitted Financial Indebtedness means Financial Indebtedness:

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Unsecured Indebtedness means Indebtedness which is not Secured Indebtedness.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Consolidated First Lien Indebtedness means Consolidated Indebtedness that is secured by a first priority Lien (other than Permitted Liens) on assets of any Borrower or Restricted Subsidiary.

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Net Indebtedness means, at any date and with respect to any Person, Indebtedness of such Person on such date less Cash and Cash Equivalents of such Person on such date determined in accordance with GAAP.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • First Lien Indebtedness means any Indebtedness for borrowed money (which, for the avoidance of doubt, does not include Purchase Money Indebtedness, and any related Liens thereto) secured by a Lien on any assets of the Issuer or any Restricted Subsidiary ranking pari passu with the Liens securing the Notes Obligations.

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.

  • Senior Unsecured Indebtedness means Indebtedness that is not subordinated to any other Indebtedness and is not secured or supported by a guarantee, letter of credit or other form of credit enhancement.

  • Permitted Indebtedness means any of the following:

  • Secured Indebtedness means any Indebtedness of the Issuer or any of its Restricted Subsidiaries secured by a Lien.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.