Permanent Debt Financing definition

Permanent Debt Financing means long-term debt with a minimum maturity period of 10 years.
Permanent Debt Financing means the permanent debt financing for the Active Nutrition Business, which is expected to consist of not less than $700.0 million of term debt financing and revolving credit facilities of not less than $200.0 million, in each case excluding any refinancing thereof.
Permanent Debt Financing has the meaning set forth in Section 5.15(a)(i).

Examples of Permanent Debt Financing in a sentence

  • The Permanent Debt Financing is secured by a first lien on and assignment of rents and leases of certain of the Company's properties.

  • Exhibit 8: Maturity Matching A – Current Assets B – Long-term Assets C – Current Liabilities D – Permanent Debt Financing E – Permanent Equity Financing A minus C – Net Working Capital F – Temporary Financing A previous module looked at how trade credit, operating lines of credit, and revolving credit agreements are used to finance increases in NWC.

  • The Permanent Debt Financing provides for a ten-year loan with principal and interest payable monthly, based on a 17-year amortization, with the balance due in February 2006 and bears interest at a rate of 7.435% per annum.

  • Permanent Debt Financing Permanent debt financing must have a minimum term of 10 years.

  • On December 14, 1995, the Company entered into a long-term, fixed rate mortgage and security agreement for $13,150,000 (the "Permanent Debt Financing").

  • The Permanent Debt Financing provides for a four-year mortgage with interest payable monthly and principal payable at maturity on December 15, 1999, and bears interest at a rate of 6.75% per annum.

  • In January 1996, the Company entered into a long-term, fixed rate mortgage and security agreement for $39,450,000 (the "Permanent Debt Financing").


More Definitions of Permanent Debt Financing

Permanent Debt Financing means any senior and subordinated unsecured notes, and any preferred equity securities issued in lieu thereof, issued by the Company or any subsidiary of the Company in connection with A-12 92 the Merger or issued by the Company or any subsidiary of the Company to repay all or part of the of the Bridge Loan.
Permanent Debt Financing means the indebtedness incurred or to be incurred by the Corporation and/or its Subsidiaries as described in the July 2003 Letter Agreement and including all guarantees, indemnitees and other obligations entered into by the Corporation and/or its Subsidiaries in connection therewith.
Permanent Debt Financing means, collectively, the Senior Notes and First Mortgage Bonds.
Permanent Debt Financing means the UK Holdco Debt Financing and the Companies Debt Financing.
Permanent Debt Financing means debt securities issued by, and/or term loans incurred by the Borrower or any of its Subsidiaries to repay all or any portion of the Loans or to reduce the Commitments as in effect prior to the funding of the Loans.
Permanent Debt Financing means any Debt Financing incurred by Buyer pursuant to an offering of long-term debt securities, including but not limited to municipal securities consisting of either tax-exempt securities or taxable securities or both that is (a) not the debt financing contemplated by the Debt Commitment Letter and (b) otherwise on terms satisfactory to Buyer in its sole discretion; provided, that, financing that is offered and available on terms consistent with those set forth on Exhibit A, and/or with such changes thereto as a reasonable buyer and borrower in Buyer’s position would find acceptable as a commercial matter under normal market conditions in a non-distressed situation, shall be deemed satisfactory to Buyer.

Related to Permanent Debt Financing

  • Permanent Financing means long-term debt (with a term of no less than fifteen (15) years) including a mortgage or other financing evidenced by a lien against the property. Permanent sources of financing identified on Page 7 of Form 3 to cover development costs (including capitalized operating and replacement reserves) may not include letters of credit, cash from operations, the lease up reserve or other non-cash contributions to the Project.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Exit Financing means the financing under the Exit Facility.

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Debt Financing.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Permitted Financing means (i) the Company’s issuance of Common Stock and warrants therefore in connection with a merger and/or acquisition or consolidation, (ii) the issuance of shares of Common Stock or warrants therefore in connection with strategic license agreements so long as such issuances are not for the purpose of raising capital, (iii) the Company’s issuance of Common Stock or the issuance or grants of options to purchase Common Stock pursuant to the Company’s stock option plans and employee stock purchase plans as they now exist, and (iv) the issuance of Common Stock upon the exercise or conversion of any securities outstanding on the date hereof.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.

  • Financing Commitment means documentation provided by a third party extending monies for the purpose of supporting the proposed Project in a manner that outlines the terms and conditions of borrowings, grants and other financing instruments. Terms and conditions should be reflective of terms under which all parties are willing to close and fund. There should be no Material Changes to stated terms without documented cause between the issuance of a commitment and closing. Material Changes must be submitted to ADOH for approval in accordance with Section 5.5 of this Plan.

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

  • Debt Financing Sources means the Persons that have committed to provide, or otherwise entered into agreements in connection with, the Debt Financing (including the parties to any joinder agreements, credit agreements or other definitive agreements relating thereto) and their respective Affiliates and such Person’s (and their respective Affiliates’), officers, directors, employees, attorneys, advisors, agents and representatives involved in the Debt Financing and their successors and permitted assigns.

  • Financial Closure or Project Financing Arrangements means the agreements pursuant to which the SPG has sought financing for the Power Project including the loan agreements, security documents, notes, indentures, security agreements, letters of credit and other documents, as may be amended, modified, or replaced from time to time, but without in anyway increasing the liabilities of JDVVNL.

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

  • Closing Date Indebtedness means the aggregate amount of all Indebtedness of the Company Group as of the time of Closing (other than any Indebtedness included in Holder Expenses).

  • Second Lien Facility means the second lien term loan facility under the Second Lien Credit Agreement.

  • Closing Indebtedness means, as of the Closing Date, the aggregate amount of Indebtedness of the Company, including, but not limited to, any prepayment penalties, early termination fees, bank fees and related expenses payable by the Company in connection with the repayment or assumption by the Parent of any Indebtedness of the Company.

  • Concurrent Financing means the various third party financing arrangements the Company is executing pursuant to the agreements described on Schedule 2.1(c)(i) (the “Concurrent Financing”) separate and apart from the transactions contemplated by this Agreement.

  • Second Lien Note Documents means the Second Lien Note Indenture, the Second Lien Notes, the Second Lien Security Documents and each other document, instrument or agreement relating to the issuance of the Second Lien Notes, as the same may be amended, restated, supplemented, waived and/or otherwise modified from time to time in accordance with the terms thereof, of this Agreement and of the Prepetition Intercreditor Agreement.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Alternative Financing is defined in Section 6.14(d).

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Existing Indebtedness Agreements shall have the meaning provided in section 7.18.

  • Closing Debt means the aggregate amount of all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.