Examples of Senior Unsecured Indebtedness in a sentence
This Note shall constitute the Senior Unsecured Indebtedness of the Maker and is unsecured.
In the event that the Loan Funding Availability for a particular Funding Period is less than the then outstanding principal amount of all Senior Unsecured Indebtedness, Administrative Agent shall promptly notify Borrower and Lenders thereof.
The ratio of (i) Unencumbered Asset Value to (ii) Senior Unsecured Indebtedness of the Parent and its Subsidiaries determined on a consolidated basis, to be less than 1.67 to 1.00 at any time.
Unless Borrower has an Investment Grade Rating from any two (2) of Mxxxx’x, S&P, and Fitch, at the designated times set forth herein, Administrative Agent and Borrower shall establish a Loan Funding Availability for the Loan Inventory and other Senior Unsecured Indebtedness.
Notwithstanding the foregoing, Senior Unsecured Indebtedness shall not include any indebtedness reflected on the balance sheet of a Person as required by GAAP that arises from deferred fees or other deferred revenues associated with providing guaranties.