Pari Passu Debt Liabilities definition

Pari Passu Debt Liabilities means the Liabilities owed by the Debtors to the Pari Passu Debt Creditors under or in connection with the Pari Passu Debt Documents.
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Pari Passu Debt Liabilities means the Liabilities owed by any Debtors to the Pari Passu Creditors under the Pari Passu Debt Documents (for the avoidance of doubt excluding any Hedging Liabilities).
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Pari Passu Debt Liabilities shall have the meaning set forth in the Intercreditor Agreement.
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Examples of Pari Passu Debt Liabilities in a sentence

  • This has also caused the overcrowdedness of prisons and prolonged pre-trial detentions in the County.

  • The Trustee (on behalf of itself and the Noteholders) will be a party to the Permitted Intercreditor Agreement as a Senior Secured Notes Trustee or a Pari Passu (as defined therein) and the Notes will be treated as Senior Secured Notes Liabilities or Pari Passu Debt Liabilities (as defined in the Permitted Intercreditor Agreement).

  • Following consideration of those representations, the valuation of the Property was reduced to €281,000.

  • Each of the Parties agrees that the Transaction Security shall rank and secure the Super Senior Liabilities, the Arranger Liabilities, the Credit Facility Liabilities, the Pari Passu Hedging Liabilities and the Pari Passu Debt Liabilities (subject to the terms of this Agreement) pari passu and without any preference between them (but only to the extent that such Transaction Security is expressed to secure those Liabilities).

  • The Debtors may make Payments of the Pari Passu Debt Liabilities at any time in accordance with, and subject to the provisions of, the Pari Passu Debt Documents.


More Definitions of Pari Passu Debt Liabilities

Pari Passu Debt Liabilities means the Liabilities owed by the Debtors to the Pari Passu Creditors under or in connection with the Pari Passu Debt Documents.
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Pari Passu Debt Liabilities means the Liabilities owed by the Debtors to the Pari Passu Debt Creditors under or in connection with the Pari Passu Debt Documents, and solely for the purpose of Clause 21 (Pari Passu Note Trustee Protections), the Liabilities owed by the Debtors to the Credit Facility Creditors under or in connection with the Credit Facility Documents.
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Pari Passu Debt Liabilities means the Liabilities owed by the Debtors and any Security Grantor:
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Related to Pari Passu Debt Liabilities

  • Pari Passu Debt means (a) any Debt of the applicable Issuer that ranks equally in right of payment with the Notes or (b) with respect to any Guarantee, any Debt that ranks equally in right of payment to such Guarantee.

  • Second Lien Debt means the Indebtedness and guarantees thereof now or hereafter incurred pursuant to the Second Lien Loan Documents.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Attributable Receivables Indebtedness at any time shall mean the principal amount of Indebtedness which (i) if a Permitted Receivables Facility is structured as a secured lending agreement, constitutes the principal amount of such Indebtedness or (ii) if a Permitted Receivables Facility is structured as a purchase agreement, would be outstanding at such time under the Permitted Receivables Facility if the same were structured as a secured lending agreement rather than a purchase agreement.

  • Debt Obligations means any debt obligations issued or guaranteed by the Government of Japan.