L/C Supportable Indebtedness definition

L/C Supportable Indebtedness means (i) obligations of the Borrower or any of its Subsidiaries incurred in the ordinary course of business with respect to workers compensation, surety bonds and other similar statutory obligations and security deposits for landlords and (ii) such other obligations of the Borrower or any of its Subsidiaries as are reasonably acceptable to the Issuing Bank and otherwise permitted to exist pursuant to the terms of this Agreement.
L/C Supportable Indebtedness means (i) obligations of the U.S. Borrower or its Wholly-Owned Subsidiaries incurred in the ordinary course of business with respect to insurance obligations and workers’ compensation, surety bonds and other similar statutory obligations, (ii) obligations of the U.S. Borrower and its Wholly-Owned Subsidiaries under bank guaranties issued by financial institutions in support of obligations of the U.S. Borrower and its Wholly-Owned Subsidiaries otherwise permitted to exist pursuant to the terms of this Agreement and (iii) such other obligations of the U.S. Borrower or any of its Wholly-Owned Subsidiaries as are reasonably acceptable to the Administrative Agent and the respective Issuing Lender and otherwise permitted to exist pursuant to the terms of this Agreement.
L/C Supportable Indebtedness means (i) obligations of the Borrower or its Wholly-Owned Subsidiaries incurred in the ordinary course of business with respect to insurance obligations and workers’ compensation, surety bonds and other similar statutory obligations , (ii) performance obligations under supply, service or construction contracts, including, without limitation, bid and/or performance and/or payment bonds or guarantees related to the foregoing and (iii) such other obligations of the Borrower or any of its Wholly-Owned Subsidiaries as are reasonably acceptable to the Administrative Agent and the Letter of Credit Issuer and otherwise permitted to exist pursuant to the terms of this Agreement.

More Definitions of L/C Supportable Indebtedness

L/C Supportable Indebtedness means (i) obligations of the Borrower or any of its Subsidiaries incurred in the ordinary course of business with respect to insurance obligations and workers compensation, surety bonds and other similar statutory obligations, and (ii) such other obligations of the Borrower or any of its Subsidiaries as are reasonably acceptable to the Issuing Bank and otherwise permitted to exist pursuant to the terms of this Agreement.
L/C Supportable Indebtedness means (i) obligations of the Borrower or the Borrower's Domestic Subsidiaries (subsequent to the Permitted Distribution, other than the Spinoff Guarantor) incurred in the ordinary course of business with respect to insurance obligations and workers' compensation, surety bonds and other similar statutory obligations and (ii) such other obligations of the Borrower or any of the Borrower's Domestic Subsidiaries (subsequent to the Permitted Distribution, other than the Spinoff Guarantor) as are reasonably acceptable to the respective Issuing Bank and otherwise permitted to exist pursuant to the terms of this Agreement.
L/C Supportable Indebtedness means all obligations of the Borrower, Caterair or their respective Subsidiaries incurred for their working capital and general corporate purposes.
L/C Supportable Indebtedness means (i) obligations of the Parent or its Subsidiaries incurred in the ordinary course of business with respect to insurance obligations and workers' compensation, surety bonds and other similar statutory obligations, (ii) obligations of the Parent or any of its Subsidiaries with respect to industrial revenue or development bonds or financings, (iii) obligations of the Parent or any of its Subsidiaries with respect to leases, (iv) performance, payment, deposit or surety obligations of the Parent or any of its Subsidiaries and (v) such other obligations of the Borrower or any of its Subsidiaries as are permitted to exist pursuant to the terms of this Agreement.
L/C Supportable Indebtedness means obligations of RPP USA or its Wholly-Owned Subsidiaries incurred in the ordinary course of business and otherwise permitted to exist pursuant to the terms of this Agreement (but excluding, in any event, all Indebtedness permitted pursuant to Sections 9.04(f), (g), (h), (i), (m) and (o) (which, in the case of such clause (o), constitutes (x) Permitted Subordinated Indebtedness and (y) to the extent the creditors extending the Overdraft Line are entitled to the benefits of the Security Documents, the Overdraft Line).
L/C Supportable Indebtedness means (i) obligations of the Canadian Parent or any of its Subsidiaries incurred in the ordinary course of business with respect to contractual obligations (including with respect to lottery contracts), environmental responsibilities, employee benefit obligations, insurance obligations and workers' compensation, surety bonds and other similar statutory obligations and (ii) such other obligations of the Canadian Parent or any of its Subsidiaries as are permitted to remain outstanding hereunder without giving rise to any violation of this Agreement.