Outside Financing definition

Outside Financing has the meaning given in Section 7(l).

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Outside Financing means financing other than Seller Financing or Take-Back Financing obtained by an Excluded Subsidiary from a Person other than Lenders provided that Borrower has complied with Section 7.23 of this Agreement.

Outside Financing means a financing (i) which is not provided by the Lenders pursuant to the terms of this Agreement (ii) which is provided to a Borrower in the ordinary course of business by a financial institution that is not an Affiliate, (iii) which is incurred in connection with and within the 6-month period following the purchase of an Aircraft, and (iv) the proceeds of which are sufficient to provide at least 75% of the purchase price of such Aircraft.

Examples of Outside Financing in a sentence

Following the Effective Date, the Company shall seek to obtain a commitment for the Outside Financing.
The timing for obtaining a commitment with respect to the Outside Financing, as well as the terms and conditions for the Outside Financing, and whether to consummate the Outside Financing, shall be determined by Berkshire after consultation with Leucadia.
Create or permit any Lien on any of its properties or assets, except for Permitted Liens and Liens to secure Outside Financing on the Equity Interests held in Excluded Subsidiaries.
Consistent with the preceding sentence, and pursuant to Section 18-303(b) of the Act, BH Finance hereby agrees to be liable for 90 percent of the Company's obligations under the Outside Financing and WMAC hereby agrees to be liable for 10 percent of the Company's obligations under the Outside Financing.
Any Outside Financing that any Subsidiary or Borrower proposes to obtain, and the arrangements, including interest rate adjustments, that such Subsidiary or Borrower proposes to make with the Lenders as a result of such Outside Financing (it being understood, however, that Subordinated Lender is under no obligation to agree to or approve any Outside Financing).

More Definitions of Outside Financing

Outside Financing shall be defined as (i) any transaction where the Company sells or transfers its equity or debt securities for cash whether in public or private offerings and (ii) any financing from a bank or other entity acting as a financial institution made to the Company or any Subsidiary other than pursuant to the existing demand facility of Comerica Bank-Texas on the date hereof (but not to any increases in such facility) or Purchase Money Indebtedness incurred in the ordinary course of business.

Outside Financing has the meaning set forth in Section 1.3 of this Agreement.

Outside Financing means Borrower's or any Subsidiary's borrowing of any money (including purchase-money financing from the seller of any Property and the Subordinated Debt), other than trade payables, the Loan and DMB Affiliated Financing, which Outside Financing shall be subject to Senior Lender's approval in its sole discretion.

Outside Financing shall be defined as (i) any transaction where the Company sells or transfers its equity or debt securities for cash whether in public or private offerings and (ii) any financing from a bank or other entity acting as a financial institution made to the Company or any Subsidiary; provided, however, that neither purchase money debt incurred to finance equipment in the ordinary course of business (or any refinancing thereof) nor the Small Business Administration loan in the amount of up to $833,000 from Community National Bank, a national banking corporation, to the Company dated as of December 31, 1997, shall be considered an Outside Financing.

Outside Financing has the meaning given such term in the Berkadia Operating Agreement.

Outside Financing means any transactions where any Maker or any Subsidiary of any Maker, now or hereafter acquired, sells its equity or debt securities for cash whether in public or private offerings or bond financings, provided, however, that an Outside Financing shall not include any transactions involving (i) purchase money debt incurred to finance equipment and inventory in the ordinary course of business, (ii) the sale of any securities for the sole purpose of financing acquisitions, (iii) the issuance of shares of common stock of Maker or any Subsidiary of Maker pursuant to existing stock options to employees, officers and directors or existing plans covering such persons and (iv) the sale of any securities between ICSL and any of its Subsidiaries or between Subsidiaries of ICSL.