Significant Debt Agreement definition

Significant Debt Agreement means all documents, instruments and agreements executed by Borrower, evidencing, securing or ensuring any Indebtedness of Borrower or any guaranty in excess of $50,000 in outstanding principal (or principal equivalent) amount.
Sample 1Sample 2Sample 3
Significant Debt Agreement means all documents, instruments and agreements executed by Borrower, evidencing, securing or ensuring any Indebtedness of Borrower or any guaranty in excess of $100,000.00 in outstanding principal (or principal equivalent) amount.
Sample 1Sample 2Sample 3
Significant Debt Agreement means all documents, instruments and agreements executed by any member of the Meritage Group, evidencing, securing or ensuring any public or private Indebtedness of any member of the Meritage Group or any guaranty, in each case in excess of $5,000,000 in outstanding principal (or principal equivalent) amount, including, without limitation, that $75,000,000 revolving line of credit from Guaranty Federal FSB to Legacy/Monterey Homes L.P. and Legacy Operating Company, L.P., the $165,000,000 9-3/4% Senior Notes due 2011 and any refinancings thereof, but excluding any Indebtedness that is Non-Recourse Debt.
Sample 1

Examples of Significant Debt Agreement in a sentence

  • It is not in default in any material respect under any Significant Debt Agreement.

  • It will promptly notify Lender of (a) any Material Adverse Effect, (b) any waiver, release or default under any Significant Debt Agreement, (c) any claim not covered by insurance against Borrower or any of Borrower's properties, and (d) the commencement of, and any material determination in, any litigation with any third party or any proceeding before any Governmental Authority affecting it, except litigation or proceedings which, if adversely determined, would not have a Material Adverse Effect.

  • Diagram 2 overleaf shows the projected demand for places in a variety of scenarios.

  • Neither Borrower nor any Guarantor is in default in any material respect under any Significant Debt Agreement.

  • Neither it nor any of its Subsidiaries is in default under any Significant Debt Agreement or any material license, lease or other contract to which it is a party or by which it is bound, nor does it know of any dispute regarding any material license, lease or other contract.

  • It is not in default in any material respect under any Significant Debt Agreement or any other material agreement or instrument.

  • Borrower is not in default in any material respect under any Significant Debt Agreement.


More Definitions of Significant Debt Agreement

Significant Debt Agreement means (a) the Bank Credit Agreement, (b) the Note Purchase Agreement dated as of August 20, 2007 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (c) the Note Purchase Agreement dated as of July 29, 2011 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (d) the Note Purchase Agreement dated as of August 14, 2013 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof and (e) any other agreement, instrument or facility, and any renewal, refinancing, refunding or replacement thereof, or any two or more of any of the foregoing forming part of a common or interrelated financing or other transaction, pursuant to which the Company or any Subsidiary has outstanding, or is permitted to borrow, $25,000,000 or more in aggregate principal amount of Indebtedness.
Sample 1
Significant Debt Agreement means (a) the Bank Credit Agreement, (b) the Bank Term Loan Agreement, (c) the Note Purchase Agreement dated as of July 29, 2011 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (d) the Note Purchase Agreement dated as of August 20, 2007 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof and (e) any other agreement, instrument or facility, and any renewal, refinancing, refunding or replacement thereof, or any two or more of any of the foregoing forming part of a common or interrelated financing or other transaction, pursuant to which the Company or any Subsidiary has outstanding, or is permitted to borrow, $25,000,000 or more in aggregate principal amount of Indebtedness.
Sample 1
Significant Debt Agreement means all documents, instruments and agreements executed by any member of the Meritage Group, evidencing, securing or ensuring any Indebtedness of any member of the Meritage Group or any guaranty, in each case in excess of $5,000,000 in outstanding principal (or principal equivalent) amount, including, without limitation, that $80,000,000.00 line of credit from Guaranty Federal FSB to Legacy/Monterey Homes L.P. and any refinancings thereof, but excluding any Indebtedness that is Non-Recourse Debt.
Sample 1
Significant Debt Agreement means all documents, instruments and agreements executed by Borrower, evidencing, securing or ensuring any Indebtedness of Borrower or any guaranty in excess of $1,000,000 in outstanding
Sample 1
Significant Debt Agreement means all documents, instruments and agreements executed by Borrower, evidencing (i) any unsecured Indebtedness of Borrower in excess of $1,000,000.00 in outstanding principal (or principal equivalent) amount, or (ii) any secured Indebtedness of Borrower in excess of $100,000.00 in outstanding principal (or principal equivalent) amount, or any guaranty in excess of $1,000,000.00 in outstanding principal (or principal equivalent) amount.
Sample 1
Significant Debt Agreement means (a) the Bank Credit Agreement, (b) the Note Purchase Agreement dated as of August 20, 2007 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (c) the Note Purchase Agreement dated as of August 14, 2013 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (d) the Note Purchase Agreement dated as of November 14, 2017 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (e) the Note Purchase Agreement dated as of September 12, 2019 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof, (f) the Note Purchase Agreement dated as of June 10, 2021 by and among the Company and each of the purchasers listed on Schedule A thereto, including any renewals, extensions, amendments, supplements, restatements, replacements or refinancings thereof and (g) any other agreement, instrument or facility, and any renewal, refinancing, refunding or replacement thereof, or any two or more of any of the foregoing forming part of a common or interrelated financing or other transaction, pursuant to which the Company or any Subsidiary has outstanding, or is permitted to borrow, $25,000,000 or more in aggregate principal amount of Indebtedness.
Sample 1

Related to Significant Debt Agreement

  • Material Indebtedness means Indebtedness (other than the Loans and Letters of Credit), or obligations in respect of one or more Swap Agreements, of any one or more of the Borrower and its Subsidiaries in an aggregate principal amount exceeding $5,000,000. For purposes of determining Material Indebtedness, the “principal amount” of the obligations of the Borrower or any Subsidiary in respect of any Swap Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or such Subsidiary would be required to pay if such Swap Agreement were terminated at such time.

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Secured Indebtedness means any Indebtedness of the Issuer or any of its Restricted Subsidiaries secured by a Lien.