Material Debt Instrument definition
Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Security Agreement.
Material Debt Instrument means any promissory note payable to, or in favor, of a Loan Party with an aggregate principal amount outstanding, in each case, of not less than $25,000,000.
Material Debt Instrument means any physical instrument evidencing obligations in excess of C$5,000,000.
Examples of Material Debt Instrument in a sentence
The Administrative Agent (or its counsel) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by a transfer form endorsed in blank) by the pledgor thereof.
More Definitions of Material Debt Instrument
Material Debt Instrument means any physical instrument evidencing obligations in excess of $1,000,000.
Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Purchaser Representative (or its bailee) pursuant to the Security Agreement.
Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Collateral Agreement.
Material Debt Instrument means any promissory note payable to, or in favor, of a Loan Party with an aggregate principal amount outstanding, in each case, of not less than $25,000,00032,000,000.
Material Debt Instrument means any physical instrument evidencing any third party Indebtedness for borrowed money with an individual outstanding principal amount in excess of $25,000,000.
Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money owing from any Person other than any Note Party in excess of $5,000,000 which is required to be pledged and delivered to the Collateral Agent pursuant to the Canadian Security Agreement or U.S. Security Agreement, as applicable.
Material Debt Instrument those agreements and other instruments of Indebtedness of the Borrowers listed on Schedule IV, which list shall include any such instrument under which any Borrower is an obligor and under which the outstanding amount and/or available commitment to extend credit exceeds $10,000,000.