Revolving Loan Debt means all “Obligations” as such term is defined in the Revolving Loan Agreement, including, without limitation, obligations, liabilities and indebtedness of every kind, nature and description owing by any Grantor to any Revolving Loan Secured Party, including principal, interest, Bank Product Obligations, charges, fees, premiums, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, arising under any of the Revolving Loan Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Revolving Loan Documents or after the commencement of any case with respect to any Grantor under the Bankruptcy Code or any other Bankruptcy Law or any other Insolvency or Liquidation Proceeding (and including, without limitation, any principal, interest, fees, costs, expenses and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured.
Revolving Loan Debt all “Obligations” (as defined in the Revolving Credit Agreement) owing to the Revolving Secured Parties under the Revolving Loan Documents.
Revolving Loan Debt means all obligations, liabilities and indebtedness of every kind, nature and description owing by any Borrower or any Obligor to any Revolving Loan Lender and/or its affiliates or participants, including principal, interest, charges, fees, premiums, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, arising under the Revolving Loan Documents, by operation of law or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of any Revolving Loan Document or after the commencement of any case with respect to any Borrower or any Obligor under the United States Bankruptcy Code or any similar statute (and including any principal, interest, fees, costs, expenses and other amounts which would accrue and become due but for the commencement of such case or similar proceeding and whether or not such amounts are allowable in whole or in part in any such case or similar proceeding), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and whether arising directly or howsoever acquired by any Revolving Loan Lender.
Examples of Revolving Loan Debt in a sentence
In order to exercise such conversion right, KS shall provide a written notice to Borrower and to DE, specifying the amount of outstanding Revolving Loan Debt that KS elects to convert to a Capital Contribution, which election may be subject to appraisal and modification rights, as described in Sections 7.2(B) and 7.2(C) below.
Notwithstanding the foregoing, the Borrowers may pay or prepay the Revolving Loan Debt subject to the terms of the Intercreditor Agreement.
Until the Full Payment (as defined in the Revolving Credit Agreement) of the Revolving Loan Debt and the termination of the “Commitments” (as defined in the Revolving Credit Agreement), the Term Loan Borrowing Capacity shall be determined from time to time by the Revolving Agent (subject to the limitations contained in the Intercreditor Agreement) by reference to the most recent Borrowing Base Certificate delivered by the Borrowers.
We de ne ownership days as the aggregate number of days in a period during which each vessel in our eet has been owned by us.
On the date the conversion is deemed completed, as hereinafter defined: (i) the amount in KS' Capital Account shall be adjusted to reflect the additional Capital Contribution; (ii) KS shall receive the additional Units based on the applicable Unit price; and (iii) the amount of Revolving Loan Debt shall be reduced by the amount converted.
More Definitions of Revolving Loan Debt
Revolving Loan Debt has the meaning given thereto in the US HoldCo Intercreditor Agreement.
Revolving Loan Debt shall have the meaning specified in the ABL Intercreditor Agreement.
Revolving Loan Debt as defined in the Intercreditor Agreement.
Revolving Loan Debt as defined in the Closing Date Intercreditor Agreement.
Revolving Loan Debt means any and all "Obligations" (as defined in the Revolving Loan Agreements).
Revolving Loan Debt means any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Borrower or any Obligor to Revolving Loan Creditors arising under the Revolving Creditor Agreements, whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, including principal, interest, charges, fees, costs, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Revolving Loan Agreement or after the commencement of any Insolvency Proceeding with respect to Borrower or any Obligor (and including, without limitation, the payment of interest which would accrue and become due but for the commencement of such Insolvency Proceeding whether or not such interest is allowed or allowable in whole or in part in any such Insolvency Proceeding); provided, however, for purposes of this Agreement, the term "Revolving Loan Debt" shall not include (a) the aggregate outstanding principal amount of loans and outstanding letter of credit accommodations made intentionally or with actual knowledge by a Revolving Loan Creditor pursuant to the Revolving Creditor Agreements (as in effect on the date hereof) in excess of the Maximum Revolving Loan Debt or (b) any early termination fee payable pursuant to any Revolving Creditor Agreements. The term "Revolving Loan Debt" shall include, obligations consisting of interest, fees, indemnities, costs or expenses, in each case whether or not charged by Revolving Loan Creditors to the loan account of Borrower maintained by Revolving Loan Creditors pursuant to the Revolving Loan Agreement.
Revolving Loan Debt means any and all obligations, liabilities and indebtedness of every kind, nature and description owing by any Debtor to any Revolving Loan Lender arising under any of the Revolving Loan Agreements, including principal, interest, charges, fees, premiums, indemnities and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether now existing or hereafter arising, whether arising during or after the initial or any renewal term of the Revolving Loan Agreements or after the commencement of any Insolvency Proceeding (and including, without limitation, any principal, interest, fees, costs, expenses and other amounts, which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in any such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, or secured or unsecured.