Qualifying Debt definition

Qualifying Debt means amount due, which includes interest or any other sum due in respect of the amounts owed under any contract, by the debtor for a liquidated sum either immediately or at certain future time and does not include—
Qualifying Debt means a line of debt-
Qualifying Debt means indebtedness of the Operating Partnership that is:

Examples of Qualifying Debt in a sentence

  • Qualifying debt is limited to the debts of the countries that meet the HIPC eligibility criteria in effect at commencement.

  • Qualifying debt includes HIPC debt governed by foreign law as well as UK law.


More Definitions of Qualifying Debt

Qualifying Debt means a debt falling within section 3(1);
Qualifying Debt in relation to a debtor, means a debt other than an excluded debt and—
Qualifying Debt means indebtedness of the Operating Partnership that meets both (1) either condition (A) or condition (B) below and (2) condition (C) below:
Qualifying Debt means amount due, which includes interest or any other sum
Qualifying Debt means the outstanding principal amount of:
Qualifying Debt means (i) unsecured debt of the Operating Partnership (or any subsidiary thereof) with respect to which the lender has recourse, without limitation, to all assets of the Operating Partnership (or such subsidiary) provided such debt is not junior to any other unsecured debt of the Operating Partnership (or such subsidiary) or (ii) debt of the Operating Partnership (or any subsidiary thereof) secured by property with a value, as determined in good faith by the Company, at least equal to 150% of the loan balance at the time of the Guarantee (as defined below) or at the time any subsequent guarantee of such debt is incurred by another party. Debt which satisfies requirement (i) or (ii) above will not be Qualifying Debt if and when there is another guarantee by any person (other than the Company) with respect to the same indebtedness that is prior to (i.e., with less economic risk) the Guarantee provided by Contributor pursuant to this Agreement.
Qualifying Debt means as defined in Iowa Code section 421.65(1)(d).