Senior Debt Payments means and include all cash actually expended by Borrower to make (a) interest payments on any Advances hereunder, plus (b) payments for all fees, commissions and charges set forth herein and with respect to any Advances, plus (c) capitalized lease payments, plus (d) payments with respect to any other Indebtedness for borrowed money.
Senior Debt Payments means and include all cash actually expended by the Borrower and its Subsidiaries to make (a) interest payments on Indebtedness, plus (b) scheduled principal payments of Indebtedness required to be paid, plus (c) payments for all fees, commissions and charges set forth herein and with respect to any Indebtedness, plus (d) capitalized lease payments; provided that for the first four fiscal quarters ending after the Closing Date, interest expense shall be determined on an annualized basis.
Senior Debt Payments means and include for any period, (a) the aggregate of regularly scheduled principal payments of all Senior Indebtedness made or to be made by the Borrower and its Subsidiaries during such period, plus (b) all interest expense actually paid on the Senior Indebtedness during such period, plus (c) all fees, commissions and charges (other than the Transaction Fee) with respect to the Senior Indebtedness paid during such period.
Examples of Senior Debt Payments in a sentence
Senior Debt Payments On January 9, 2015 the Company announced that it had missed the interest payment due December 31, 2014 on its Silver-Linked Notes.
In the event of and during the continuance of any default in payment of the principal of or premium, if any, or interest on, rent or other payment obligations in respect of, any Senior Debt, unless all such payments due in respect of such Senior Debt have been paid in full in cash or other payments satisfactory to the holders of Senior Debt, Payments from Collateral may be made to Holders but no other payment shall be made by the Company with respect to the Notes or the Note Obligations.
More Definitions of Senior Debt Payments
Senior Debt Payments means and include all cash actually expended by Borrower to make (a) interest payments on any Advances hereunder, plus (b) payments for all fees, commissions and charges set forth herein to the Lenders, plus (c) scheduled capitalized lease payments or payments of purchase money indebtedness permitted under Section 7.8 hereof, plus (d) scheduled payments with respect to any other Indebtedness for borrowed money that, by its terms or by the terms of a subordinated agreement, is not subordinate to the Obligations.
Senior Debt Payments means and include all cash actually expended by any Borrower to make (a) interest payments on any Advances hereunder, plus (b) net payments on account of all Hedging Agreements, plus (c) payments for all fees, commissions and charges paid to Agent, Issuer, or any Lender set forth herein and with respect to any Advances, plus (d) payments on Capitalized Lease Obligations, plus (e) payments with respect to any other Indebtedness for borrowed money (other than the Revolving Advances and Letters of Credit) but excluding the satisfaction of any Indebtedness to the extent simultaneously refinanced with the proceeds of any Indebtedness permitted to be incurred hereunder other than the proceeds Revolving Advances, provided that the prepayment of the GECC Loan from the proceeds of the Amortizing Tranche shall not constitute a Senior Debt Payment, and provided that any Indebtedness refinanced by the initial Advances made hereunder shall not constitute a Senior Debt Payment.
Senior Debt Payments has the meaning given to it in Clause 26.6.
Senior Debt Payments all cash actually expended by Xxxxxxxx and its Subsidiaries to make (a) interest payments on any Loans hereunder plus (b) payments with respect to any other Indebtedness for borrowed money. For the avoidance of doubt, Senior Debt Payments shall not include any voluntary or mandatory prepayments made pursuant to Section 4.4 (including any voluntary or mandatory prepayments of the Revolving Credit Loan).
Senior Debt Payments means and include all cash actually expended by any Borrower to make (a) interest payments on any Advances hereunder, plus (b) payments of all fees set forth herein and with respect to any Advances (other than the fee payable under Section 3.3(a) hereof), plus (c) capitalized lease payments, plus (d) payments of principal of or interest on any other Indebtedness for borrowed money (other than (x) the 3.25% Convertible Subordinated Notes, (y) Indebtedness repaid pursuant to the Exchange Offer and the Tender Offers or (z) payments made pursuant to the 8.50% Convertible Senior Note Refinancing Transaction solely to the extent that EBITDA is not increased by the reduction of Indebtedness of Borrowers on a Consolidated Basis resulting from the 8.50% Convertible Senior Note Refinancing Transaction).
Senior Debt Payments means and include with respect to any period all cash actually expended to make (a) interest payments on any Advances hereunder in respect of such period, plus (b) payments for all fees, commissions and charges set forth herein and with respect to any Advances in respect of such period (other than up-front fees and reimbursement of Lenders' expenses), plus (c) scheduled capitalized lease payments in respect of such period, plus (d) scheduled principal payments and interest (other than interest payable-in-kind) with respect to any other indebtedness for borrowed money in respect of such period (other than up-front fees and reimbursement of Lenders' expenses).
Senior Debt Payments means, for any period, on a Consolidated basis, (a) Total Interest Expense, plus (b) an amount equal to the payments due in accordance with the scheduled maturities of principal on the Term Loan, plus (c) all cash paid with respect to any other Indebtedness, less (d) the payment to Unison Fiber Optic Lighting Systems, LLC to the extent reserved against availability under the Revolving Credit Commitment.