Restricted Indebtedness definition

Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

Restricted Indebtedness has the meaning assigned to such term in Section 7.11.

Restricted Indebtedness has the meaning set forth in Section 6.08(b).

Examples of Restricted Indebtedness in a sentence

• No Loan Party will, amend, modify or waive any of its rights under (a) any agreement or document evidencing Restricted Indebtedness that constitutes Material Indebtedness or (b) its Organizational Documents, in each case to the extent such amendment, modification or waiver, taken as a whole, would be materially adverse to the Lenders.

• Prior to the Minimum Return Date, the Seller shall not, and shall not permit any of its Subsidiaries to, create, incur, assume or suffer to exist any Restricted Indebtedness.

• In considering applications for membership the Committee shall have regard to the playing facilities available, and may from time to time decide that the Club shall be closed to new applications for membership for such period as it may decide, with the agreement of members given at a General Meeting of the Club.

• Amend, modify, or change in any manner any term or condition of any Restricted Indebtedness, in each case, in a manner materially adverse to the Lenders or that would effect a prepayment, redemption or repurchase or a Restricted Payment not otherwise permitted under Section 7.06 or Section 7.14, as applicable.

• A driver may not begin driving until the physical examination has been completed.

More Definitions of Restricted Indebtedness

Restricted Indebtedness of the Restricted Subsidiaries, shall mean at any time, any Indebtedness of the Restricted Subsidiaries which, at such time, is not Permitted Indebtedness.

Restricted Indebtedness as defined in Subsection 8.6(a).

Restricted Indebtedness is defined in Section 6.26.

Restricted Indebtedness means Indebtedness of Holdings, the Parent Borrower or any Subsidiary, the payment, prepayment, redemption, repurchase or defeasance of which is restricted under Section 6.08(b).

Restricted Indebtedness means any Subordinated Indebtedness other than the Senior Subordinated Notes.

Restricted Indebtedness means Indebtedness of the U.S. Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

Restricted Indebtedness means (a) any Indebtedness of a type permitted by Section 9.2(g) or Section 9.2(i) and (b) other Indebtedness for borrowed money or obligations evidenced by notes, bonds, debentures or other similar instruments that in each case are unsecured or are otherwise subordinated in right of payment to the Obligations or the obligations under the Secured 2026 Notes.