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
If an Event of Noncompliance is existing following the earlier of (A) the repayment of the obligations of the Permanent Debt Financing or (B) the five (5) year anniversary of the Effective Date, then the Company shall not be permitted to, and shall not, declare or make, any Distributions (cash or otherwise) in respect of any Common Unit or other Equity Security other than the Series A Preferred Units.
More Definitions of Permanent 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 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 the Merger or issued by the Company or any subsidiary of the Company to repay all or part of the Bridge Loan.
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.
Permanent Debt Financing means any indebtedness incurred by FIP from an unaffiliated third party, the net proceeds of which are used to refinance, repay, replace, prepay, retire, extinguish or refund the obligations under the Bridge Facility and, solely for purposes of Section 3.1(b) (and, for the avoidance of doubt, not in the case of clause (ii) of Section 3(a) of the Warrant Agreement or Section 3.1(a) under this Agreement), any subsequent indebtedness incurred by FIP from an unaffiliated third party, the net proceeds of which are used to used to refinance, repay, replace, prepay, retire, extinguish or refund the obligations thereof. For the avoidance of doubt, if all outstanding borrowings under the Bridge Facility are repaid other than primarily with proceeds from indebtedness, Permanent Debt Financing shall mean the Bridge Facility.
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 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.