Long-Term Indebtedness definition

Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.
Long-Term Indebtedness means any Indebtedness (excluding Indebtedness permitted by Section 6.01(a)(iv)) that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.
Long-Term Indebtedness means, in respect of a Person and as of any applicable date of determination thereof, all Debt which should be classified as "funded indebtedness" or "long term indebtedness" on a balance sheet of such Person as of such date in accordance with GAAP.

Examples of Long-Term Indebtedness in a sentence

  • The Interim Indebtedness could be incurred assuming it was Long-Term Indebtedness.

  • Notwithstanding anything to the contrary herein, on the date (the “Termination Date”) (and continuing thereafter) on which there remains outstanding, in the aggregate, no more than $200,000,000 in principal amount of Long-Term Indebtedness, the covenants of the Company set forth in Sections 303 and 304 hereof shall terminate and the Company shall no longer be subject to the covenants set forth in such Sections.

  • The Short-Term Indebtedness could be incurred under subsection (b)(1)hereof assuming it was Long-Term Indebtedness.

  • The Interim Indebtedness could be incurred under subsection (b)(1)hereof assuming it was Long-Term Indebtedness.

  • TOTAL$1,166,475 Outstanding Long-Term Indebtedness Other than State Revolving Fund (SRF) loans for prior rehabilitation phases I through IV, the City has no long-term indebtedness to be paid from the Special Municipal Sewer Tax.


More Definitions of Long-Term Indebtedness

Long-Term Indebtedness means Utility Indebtedness having an original stated maturity or term greater than five years, or renewable or extendible at the option of the debtor for a period greater than one year from the date of original issuance or incurrence thereof.
Long-Term Indebtedness means Utility Indebtedness having an original Stated Maturity or term greater than five years, or renewable or extendible at the option of the debtor for a period greater than one year from the date of original issuance or incurrence thereof.
Long-Term Indebtedness any Indebtedness for borrowed money that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability (other than any revolving credit facility).
Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability, including the current portion of any Long-Term Indebtedness.
Long-Term Indebtedness means the long-term Senior Unsecured Indebtedness of the Company.
Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability. For purposes of determining the Long-Term Indebtedness of Holdings, the Borrower and the Subsidiaries, Indebtedness of Holdings, the Borrower or any Subsidiary owed to Holdings, the Borrower or a Subsidiary shall be excluded.
Long-Term Indebtedness means the long-term Senior Unsecured Indebtedness of the Borrower.