Examples of Term Debt in a sentence
Term Debt shall mean any amount in- cluded in Total Long-Term Debt pursuant to Accounting Requirements.
Excluded Liabilities include, but are not limited to those liabilities identified as bonds payable on the Hospital's balance sheet, including the portion of those liabilities identified as current installments of long-term debt on the Hospital's balance sheet that relate to bonds payable and non-current portion of Long Term Debt.
The basic formula is calculated as follows: Debt to Equity = Long Term Debt / Total Equity The more capital intensive the firm, the higher the debt to equity ratio.
The OLLC hereby grants, contributes, bargains, conveys, assigns, transfers, sets over and delivers to the SPV, its successors and its assigns, for its and their own use and burden forever, all right, title obligation and interest in the Long-Term Debt, and the SPV hereby assumes full and primary responsibility for the repayment of the Long Term Debt, as between itself and the OLLC and subsidiary of the OLLC that is a guarantor of the Long Term Debt.
Borrower hereby acknowledges, confirms, and agrees that, other than with respect to Term Debt Collateral, Agent has, and will continue to have, valid, enforceable, and perfected first-priority continuing liens upon and security interests in the Collateral heretofore granted to Agent, for the benefit of Agent and Lenders, pursuant to the Security Agreement and the other Loan Documents or otherwise granted to or held by Agent, for the benefit of Agent and Lenders.