Senior Debt Amount definition

Senior Debt Amount means, as of any date, the greater of (i) the Covered Debt Amount and (ii) the Combined Debt Amount.

Senior Debt Amount means the aggregate principal amount, plus accrued and unpaid interest, outstanding in respect of the Senior Debt pursuant to the Credit Agreement as of the Closing Date.

Senior Debt Amount means, at any time, the then outstanding principal amount of the Senior Debt, together with all interest accrued thereon and unpaid at that time, provided that at any time where any portion of the interest payable to the Senior Lenders is subject to one or more Hedging Agreements, accrued interest in respect of such portion of the interest payable to the Senior Lenders shall be calculated based on the fixed rate payable by the Generator or its Affiliate under such Hedging Agreements without regard to whether such fixed rate is payable directly to a Senior Lender or to the Hedge Providers under the Hedging Agreements and all references to interest payable to the Senior Lenders under this Agreement shall be construed accordingly; and for greater certainty, the Senior Debt Amount excludes the Senior Debt Makewhole;

Examples of Senior Debt Amount in a sentence

• For the sake of simplicity, consider including a separate definition of Base Authority Default Senior Debt Amount which is identical save for the inclusion of Spens.

• Upon a default of the Senior Debt Amount, the Company’s senior secured lender would have the right to exercise its rights and remedies to collect, which would include foreclosing on the Company’s assets.

• The relegation may be in a different work area/job and payment will be commensurate to the grade of the new post.

• Subject only to the preceding sentence, the duty to take reasonable steps to mitigate shall not otherwise cause the Optional Termination Sum to be less than the aggregate of the Senior Debt Amount, Senior Debt Makewhole, Junior Debt Amount and Junior Debt Makewhole or limit the obligations of the Buyer under this Agreement to pay these sums as provided for in this Agreement.

• To the extent that the aggregate Offered Price of the Notes tendered pursuant to the Offer is less than the Notes Amount relating thereto or the aggregate amount of unsecured Senior Debt that is purchased in a Senior Debt Offer is less than the Senior Debt Amount, the Company may use any remaining Excess Proceeds for any purpose not otherwise prohibited by this Indenture.

More Definitions of Senior Debt Amount

Senior Debt Amount means an amount equal to the sum of (a) the Principal Xxxxxx,

Senior Debt Amount means, at any time, the then outstanding principal amount of the Senior Debt, together with all interest accrued thereon at that time, provided that at any time where any portion of the interest payable to the Senior Lenders is subject to Hedging Agreement(s), accrued interest in respect of such portion of the interest payable to the Senior Lenders shall be calculated based on the fixed rate payable by Supplier or its Affiliate under the Hedging Agreement(s) without regard to whether such fixed rate is payable directly to a Senior Lender or to the Hedge Provider(s) under the Hedging Agreement(s) and all references to interest payable to the Senior Lenders under this Agreement shall be construed accordingly. For greater certainty, the Senior Debt Amount excludes the Senior Debt Makewhole.

Senior Debt Amount has the meaning given in Schedule 23 – Compensation on Termination.

Senior Debt Amount means [  ];

Senior Debt Amount the financing provided by the Senior Lenders under the Senior Financing Agreement;

Senior Debt Amount the aggregate commitments of the Senior Lenders under the Senior Financing Agreements at the Execution Date or advanced to the Contractor in order to fund its obligations under any of clauses 8A, 8B, 9A, 9B, 24 and 25 “Senior Debt Rate” the non-default interest rate payable under the Senior Financing Agreements or such other lower rate as the parties may agree “Senior Financing Agreement” the facility letter between the Contractor and Onyx Environmental Group plc as at the date of this Contract or as amended, varied, novated, supplemented or replaced (subject always to clause 10.6) and any instruments for the time being in force securing borrowings taken by the Contractor as Headroom Funding

Senior Debt Amount means the aggregate commitments of the Senior Lenders under the Senior Funding Agreements at the Effective Date;