Refinanced Debt definition

Refinanced Debt has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

Refinanced Debt has the meaning specified in Section 2.15(a).

Refinanced Debt as defined in the definition of “Permitted Refinancing Requirements.”

Examples of Refinanced Debt in a sentence

• The Borrower will use the proceeds of the Refinancing Term Loans and Refinancing Revolving Commitments to extend, renew, replace, repurchase, retire or refinance, substantially concurrently, the applicable Refinanced Debt.

• Each issuance of Credit Agreement Refinancing Indebtedness under this Section 2.19(a) shall be in an aggregate principal amount that is (x) not less than $5,000,000 and (y) an integral multiple of $1,000,000 in excess thereof (or if less, the entire remaining aggregate principal amount of the applicable Refinanced Debt).

• Each Class of Credit Agreement Refinancing Indebtedness incurred under this Section 2.23 shall be in an aggregate principal amount that is (x) not less than $10.0 million in the case of Other Term Loans or $5.0 million in the case of Other Revolving Loans and (y) an integral multiple of $1.0 million in excess thereof (unless such amount represents the total outstanding amount of the Refinanced Debt).

More Definitions of Refinanced Debt

Refinanced Debt as defined in Section 2.21(a).

Refinanced Debt shall have the meaning assigned to such term in Section 2.24(a).

Refinanced Debt as defined in the definition of “Credit Agreement Refinancing Indebtedness” in this Subsection 1.1.

Refinanced Debt shall have the meaning provided in the definition of Permitted Refinancing Indebtedness.

Refinanced Debt shall have the meaning set forth in the definition of “Credit Agreement Refinancing Requirements.”

Refinanced Debt means the debt incurred by the assignee in respect of the financing arranged to refinance the non- permanently financed debt of district school boards; (“dette refinancée”)

Refinanced Debt has the meaning specified in Section 2.4(a). “Refinancing Amendment” has the meaning specified in Section 2.4(f). “Refinancing Closing Date” has the meaning specified in Section 2.4(e). “Refinancing Indebtedness” means with respect to any Indebtedness (the “Refinanced Indebtedness”), any other Indebtedness which extends, refinances, refunds, replaces or renews (collectively, “Refinance”) such Indebtedness; provided that (a) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Refinanced Indebtedness except by an amount equal to unpaid accrued interest and premium (including applicable prepayment or redemption penalties) thereof plus fees and expenses incurred in connection therewith, (b) any Liens securing such Refinancing Indebtedness do not attach to any property of any Obligor that did not secure the Refinanced Indebtedness, (c) if the Refinanced Indebtedness is Subordinated Indebtedness, such extension, refinancing, refunding, replacement or renewal does not result in the Refinancing Indebtedness having a shorter maturity than the Refinanced Indebtedness (or if shorter, the Term Loans), and (d) if the Refinanced Indebtedness is Subordinated Indebtedness, then the terms and conditions of the Refinancing Indebtedness shall include subordination terms and conditions that are no less favorable to the Lenders in all material respects as those that were applicable to the Refinanced Indebtedness. “Refinancing Term Commitments” has the meaning specified in Section 2.4(a). 28 [[6024167]]