Remaining Indebtedness definition

Remaining Indebtedness means, collectively, the Indebtedness set forth on Section 1.1(b) to the Target Disclosure Letter.
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Remaining Indebtedness means at Closing any loan, bond, note, loan stock or debenture or other obligation for borrowed monies, any liability in respect of any acceptance credit or note or bxxx discounting facility, any amount of consideration left outstanding by way of loan under any agreement for the sale of assets and/or the supply of services and any guarantee or indemnity in respect of any of the foregoing, (the amount thereof in each case being taken for this purpose to be the maximum amount capable of being outstanding from the Company thereunder whether or not then due or owing or advanced at the time of calculation) and any costs or other debts or liabilities of any kind whatsoever to any creditors or third parties owing by the Company (but excluding the Primary Shareholder Loans and the Secondary Shareholder Loans);
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Remaining Indebtedness means any Indebtedness of the Company that is not being paid in full as of the closing out of the proceeds of the Purchase Price or is otherwise included in calculating the net equity value of the Companies’ Acquired Structured Settlements as of the Closing Date.
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Examples of Remaining Indebtedness in a sentence

  • Schedule V attached hereto sets forth a list of Indebtedness of the Companies, other than Remaining Indebtedness, as of the date of this Agreement.

  • All Indebtedness of Target as of the Closing Date other than the Remaining Indebtedness shall have been repaid (as evidenced by customary pay-off letters and other releases and filings as may be reasonably requested by the lenders under the Debt Financing (or, if applicable, the alternative debt financing) for transactions of this type from the holders of such Indebtedness).

  • Until discharged or paid, the Remaining Indebtedness shall continue to accrue interest and other fees and charges as provided therein, and shall otherwise remain in full force and effect.

  • Subsequently, there was agreement on the AGRO 2003-2015 Plan for Agriculture and Rural Life of the Americas by the Ministers of Agriculture of the Americas at their Second Ministerial Meeting on Agriculture and Rural Life, held in Panama City, Panama, in November 2003.

  • The Remaining Indebtedness, if any, shall result in a reduction of the Purchase Price in accordance with Section 2.4 below.

  • It is contemplated by the Parties that, at or prior to the Closing, all Indebtedness, other than the Remaining Indebtedness, of the Companies as of the Closing Date will be or have been fully repaid.

  • Such assets shall be delivered to the Purchaser on the Closing Date free and clear of all Indebtedness, other than the Remaining Indebtedness.

  • Around 2 weeks after the Supplemental Announcement (as defined below) has been published 2 (a) The Company and VC (and his associates, including Keen Start and Kingly Profits) shall negotiate in good faith within 3 weeks from the date of the Framework Agreement to formulate a plan and enter into a definitive agreement for the repayment of the Remaining Indebtedness (as defined below) (the “Remaining Indebtedness Restructuring Plan”).

  • For the avoidance of doubt, until the Remaining Indebtedness Threshold Date, the Company shall not include any Common Shares issuable upon exercise of the SAF Securities (as defined in the Securities Purchase Agreement) or the Placement Agent Securities (as defined in the Securities Purchase Agreement) on any Registration Statement without the prior written consent of the Required Holders.

  • See the separate CDS description for a listing of the Indices that are included in the Data.


More Definitions of Remaining Indebtedness

Remaining Indebtedness the "Stub Debt") on the Funding Date, then the Term Commitments shall be reduced on the Funding Date in an aggregate amount equal to the aggregate amount of the Stub Debt in excess of $150,000,000 as follows: 50% of such amount shall be applied to reduce the Tranche A Term Commitments; 25% of such amount shall be applied to reduce the Tranche B Term Commitments; and 25% of such amount shall be applied to reduce the Tranche C Term Commitments unless the Required Lenders agree to a different allocation.
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Remaining Indebtedness shall have the meaning specified in Section 2.2(a)(i).
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Remaining Indebtedness means the Indebtedness set forth on Schedule 1.2.
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Remaining Indebtedness means the balance of the Existing Indebtedness that remains outstanding after the Congress Facility Paydown and the Term Loan Paydown are effected.
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Remaining Indebtedness means, with respect to the Companies at any date, without duplication, in each case as determined in accordance with GAAP: (a) any deferred revenue, (b) any customer deposits, and (c) any gift card Liabilities.
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Remaining Indebtedness means, with respect to the Companies at any date, without duplication, in each case as determined in accordance with GAAP:
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Related to Remaining Indebtedness

  • Surviving Indebtedness has the meaning specified in Section 7.02(s).

  • Closing Indebtedness means, as of the Closing Date, the aggregate amount of Indebtedness of the Company, including, but not limited to, any prepayment penalties, early termination fees, bank fees and related expenses payable by the Company in connection with the repayment or assumption by the Parent of any Indebtedness of the Company.

  • Existing Indebtedness means Indebtedness of the Company and its Subsidiaries (other than Indebtedness under the Credit Agreement) in existence on the date of this Indenture, until such amounts are repaid.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Refinancing Indebtedness means Consolidated Funded Indebtedness of the Borrower or of any of its Subsidiaries to any of the Parent Affiliated Companies that Refinances any Consolidated Funded Indebtedness of the Borrower or any of its Subsidiaries existing on the Closing Date or created, incurred or arising in compliance with this Agreement, including any Consolidated Funded Indebtedness that Refinances Refinancing Indebtedness; provided that: (a) the Refinancing Indebtedness has a stated maturity no earlier than the stated maturity of the Consolidated Funded Indebtedness being Refinanced; (b) the Refinancing Indebtedness has an average life to maturity at the time the Refinancing Indebtedness is incurred that is equal to or greater than the average life to maturity of the Consolidated Funded Indebtedness being Refinanced; (c) the Refinancing Indebtedness has an aggregate principal amount that is equal to or less than the aggregate principal amount then outstanding (plus fees and expenses) under the Consolidated Funded Indebtedness being Refinanced; and (d) the Refinancing Indebtedness is issued on terms no more restrictive in any material respect than those contained in the Consolidated Funded Indebtedness being Refinanced.

  • Permitted Existing Indebtedness means the Indebtedness of the Borrower and its Subsidiaries identified as such on Schedule 1.1.1 to this Agreement.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Outstanding Indebtedness means the aggregate of the Loan and interest accrued and accruing thereon, the Master Swap Agreement Liabilities, the Expenses and all other sums of money from time to time owing by the Borrowers to the Mortgagee and/or any of the Secured Creditors, whether actually or contingently, present or future, under or pursuant to the Loan Agreement, the Master Swap Agreement, the Security Documents or any of them;

  • Credit Agreement Refinancing Indebtedness means (a) Permitted First Priority Refinancing Debt, (b) Permitted Junior Priority Refinancing Debt or (c) Permitted Unsecured Refinancing Debt, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness) in exchange for, or to extend, renew, replace, repurchase, retire or refinance, in whole or part, existing Term Loans, or any then-existing Credit Agreement Refinancing Indebtedness (“Refinanced Debt”); provided that (i) such Indebtedness has a maturity no earlier, and a Weighted Average Life to Maturity equal to or greater, than 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (ii) such Indebtedness shall not have a greater principal amount (or accreted value, if applicable) than the principal amount (or accreted value, if applicable) of the Refinanced Debt plus accrued interest, fees, premiums (if any) and penalties thereon and reasonable fees and expenses associated with the refinancing, (iii) the terms and conditions of such Indebtedness (except as otherwise provided in clause (ii) above and with respect to pricing, rate floors, discounts, premiums and optional prepayment or redemption terms) are substantially identical to, or (taken as a whole) are no more favorable to the lenders or holders providing such Indebtedness, than those applicable to the Refinanced Debt being refinanced (except for covenants or other provisions applicable only to periods after the Latest Maturity Date at the time of incurrence of such Indebtedness) (provided that a certificate of a Responsible Officer delivered to the Agent at least five (5) Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Parent Borrower has determined in good faith that such terms and conditions satisfy the requirement of this clause (iii) shall be conclusive evidence that such terms and conditions satisfy such requirement unless the Agent notifies the Parent Borrower within such five (5) Business Day period that it disagrees with such determination (including a description of the basis upon which it disagrees)), and (iv) such Refinanced Debt shall be repaid, repurchased, retired, defeased or satisfied and discharged, and all accrued interest, fees, premiums (if any) and penalties in connection therewith shall be paid, on the date such Credit Agreement Refinancing Indebtedness is issued, incurred or obtained.

  • Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation).

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Existing Indebtedness Agreements shall have the meaning provided in section 7.18.

  • Closing Date Indebtedness means the aggregate amount of all Indebtedness of the Company Group as of the time of Closing (other than any Indebtedness included in Holder Expenses).

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Estimated Indebtedness has the meaning set forth in Section 2.4(a).

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Second Lien Indebtedness means the Indebtedness of the Loan Parties owing to the Second Lien Agent and the Second Lien Lenders under the Second Lien Credit Agreement, which Indebtedness is on terms and conditions reasonably acceptable to the Collateral Agent.

  • Permitted Refinancing Debt means any Debt that Refinances any other Debt, including any successive Refinancings, so long as:

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Specified Refinancing Debt has the meaning specified in Section 2.18(a).