Permitted Debt means any Financial Indebtedness:
Permitted Debt has the meaning specified in Section 7.01.
Permitted Debt has the meaning assigned to such term in Section 4.06.
Examples of Permitted Debt in a sentence
Create, incur, assume or suffer to exist any Indebtedness, except Permitted Debt.
None of the Borrower or any Restricted Subsidiary shall incur, create, assume or be liable for any Indebtedness, except Permitted Debt.
More Definitions of Permitted Debt
Permitted Debt has the meaning set forth in Section 6.1.
Permitted Debt means the following:
Permitted Debt has the meaning set forth in Section 4.09(b).
Permitted Debt shall have the meaning assigned to such term in Section 6.01(b).
Permitted Debt is defined to include the following:
Permitted Debt means (a) the Indebtedness; and (b) any other Debt listed on Exhibit 1.1C hereto (if any) and any extensions, renewals, replacements, modifications and refundings of any such Debt if, and to the extent, permitted by Exhibit 1.1C; provided, however, that the principal amount of such Debt may not be increased from the amount shown as outstanding on such exhibit; and (c) such other Debt as the Lender may consent to in writing from time to time. "Permitted Liens" shall mean (a) Liens securing the Indebtedness; (b) Liens for taxes and other statutory Liens, landlord's Liens and similar Liens arising out of operation of law (provided they are subordinate to the Lender's Liens on Collateral) so long as the obligations secured thereby are not past due or are being contested as permitted herein; (c) Liens described on Exhibit 1.1D hereto (if any), provided, however, that no debt not now secured by such Liens shall become secured by such Liens hereafter and such Liens shall not encumber any other assets; and (d) such other Liens as the Lender may consent to in writing from time to time. "Person" shall mean any natural person, corporation, unincorporated organization, trust, joint-stock company, joint venture, association, company, limited or general partnership, any government, or any agency or political subdivision of any government, which includes where applicable the Borrower. "Purchase Agreement" shall mean that certain Share Purchase Agreement between Lender and Borrower dated the date of this Agreement. "Security Agreement" shall mean this Agreement as it relates to a security interest in the Collateral, and any other mortgage, security agreement or similar instrument now or hereafter executed by the Borrower or other Person granting the Lender a security interest in any Collateral to secure the Indebtedness. "Subsidiary" shall mean any corporation, partnership or other Person in which the Borrower, directly or indirectly, owns more than fifty percent (50%) of the stock, capital or income interests, or other beneficial interests, or which is effectively controlled by the Borrower. 39.2
Permitted Debt as defined in Section 6.2(b).