Relevant Debt definition

Relevant Debt means any present or future indebtedness in the form of, or represented by, bonds, notes, debentures, loan stock or other securities that are for the time being, or are capable of being, quoted, listed or ordinarily dealt in on any stock exchange, automated trading system, over-the-counter or other securities market.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Relevant Debt means (a) any of the JGB Charged Assets and (b) all other debt of the issuer of the JGB Charged Assets which ranks in priority of payment on a pari passu basis with such Charged Assets.

Relevant Debt means any present or future indebtedness in the form of, or represented by, bonds, notes, debentures, loan stock or other securities which are for the time being, or are capable of being, quoted, listed or ordinarily dealt in on any stock exchange, over-the-counter or other securities market.

Examples of Relevant Debt in a sentence

• The Issuer or any Group Company shall not create or permit to subsist any security for any Relevant Debt issued or to be issued by the Issuer, any Group Company or any third party, (for avoidance of doubt, this does not prevent the Issuer or any Group Company to issue any unsecured guarantee for any other party).

• This Condition shall not prevent the Issuer creating or having outstanding any Security (i) on property purchased by the Issuer as security for all or any part of the purchase price thereof, (ii) incurred in the ordinary course of financial business or (iii) imposed by law and/or by requirements from governmental authorities, the Central Bank of Denmark or any other public authority provided that the borrowings (if any) secured by such Security are not Relevant Debt.

• For the purposes of this Condition 4, Relevant Debt means present or future indebtedness in the form of, or represented by, bonds, notes, debentures, or other securities which are for the time being, or are capable of being, listed or ordinarily dealt in on any stock exchange, over-the-counter market or other securities market.

• Each Supporting Bank represents and warrants, on a several but not joint basis, that, as of the date hereof, it is the legal or beneficial holder of claims pursuant to the Bank Facilities identified on its signature page hereto (collectively, such Supporting Bank's "Relevant Debt") and has or will have the authority to vote or direct the voting of claims relating to the Relevant Debt.

• Securities offered in reliance on the exemptions under Sections 274 or 275 of the SFA may include (a) Relevant Debt Securities; (ii) Global Depository Receipts; and (iii) such other securities that are offered pursuant to the exemptions.

More Definitions of Relevant Debt

Relevant Debt means any present or future indebtedness for borrowed money in the form of, or represented by, bonds (obligations) issued by the Issuer [or the Guarantor] which are for the time being, or are capable of being, quoted, admitted to trading or ordinarily dealt in on any stock exchange, over-the-counter market or other securities market.

Relevant Debt means any present or future indebtedness in the form of, or represented by, bonds, notes, debentures, loan stock or other securities which are for the time being, or are issued with the intention on the part of the issuer thereof that they should be, quoted, listed or ordinarily dealt in on any stock exchange, over- the-counter or other securities market, having an original maturity of more than one year from its date of issue.

Relevant Debt means any present or future indebtedness for borrowed money, which is originally and solely in the form of, or represented by, bonds (obligations), notes or other securities (including titres de créances négociables) which are for the time being, or are likely to be quoted, listed or ordinarily dealt in on any stock exchange, over-the-counter market or other securities market.

Relevant Debt means at any time the aggregate amount of the Financial Indebtedness of the Issuer as shown in, or derived from, the latest audited annual or unaudited semi-annual consolidated financial statements of the Issuer, excluding any Secured Debt;

Relevant Debt means any present or future indebtedness for borrowed money which is in the form of, or represented by, bonds or notes (obligations) or other similar debt securities (including titres de créances négociables) which are for the time being quoted or capable of being quoted, admitted to trading or ordinarily dealt in any stock exchange, over the counter market or other securities market.

Relevant Debt has the meaning assigned to such term in Section 8.17(d).

Relevant Debt means any present or future indebtedness which is in the form of, or represented by, bonds, notes, debentures, loan stock or other securities which are, with the consent of the person issuing the same, for the time being quoted, listed or ordinarily dealt in on any stock exchange, over-the-counter or other established securities market and having an original maturity of more than one year from its date of issue.