Term Indebtedness means the Borrowings and all other present and future indebtedness of the Borrower to the Agent and the Lenders, absolute or contingent, determined or undetermined, cxxxxx or inchoate, matured or unmatured, howsoever arising or incurred hereunder or under any of the other Loan Documents and includes all fees, costs, expenses and indemnity obligations hereunder or under any of the other Loan Documents and under the indebtedness of the Borrower pursuant to any judgment obtained in respect of the failure by the Borrower to perform or observe any of its obligations under any of the Loan Documents;

Term Indebtedness means one or more debt facilities or other financing arrangements (including indentures) providing for term loans or other long-term term indebtedness; provided that (a) as of the date of the incurrence of such Indebtedness and after giving effect thereto, the Payment Conditions are satisfied, (b) if such Indebtedness is secured solely by Liens ranking junior in right of security to the Liens securing the Obligations or is unsecured then such Indebtedness shall not mature (or require any scheduled amortization or scheduled payments of principal), and shall not be subject to any mandatory redemption, repurchase, repayment or sinking fund obligation (other than (i) payments as part of an “applicable high yield discount obligation” catch-up payment, (ii) customary offers to repurchase in connection with any change of control or fundamental change, Disposition or casualty event and (iii) customary acceleration rights after an event of default), in each case, prior to the date that is 91 days after the Maturity Date as of the date of the incurrence of such Indebtedness, (c) if such Indebtedness is secured by Liens on assets other than Collateral, then such Indebtedness shall not mature prior to the Maturity Date as of the date of the incurrence of such Indebtedness.

Term Indebtedness means the Debt of Company under any Term Indebtedness Documents from time to time.

Examples of Term Indebtedness in a sentence

The Short-Term Indebtedness could be incurred assuming it was Long- Term Indebtedness.
The Company hereby designates such Additional Indebtedness as Additional Indebtedness and as Additional [ABL] / [Term] Indebtedness under the Intercreditor Agreement.
The Company shall at all times maintain a Combined Tangible Net Worth of (i) not less than $31,051,000, plus 50% of the Company's Aggregate Combined Net Income at the end of each fiscal year subsequent to the fiscal year ending December 31, 1991 and (ii) not less than 25% of Combined Long Term Indebtedness but in no event less than $31,051,000.
The Company has so designated Additional Indebtedness incurred or to be incurred under the Additional Term Credit Facility as Additional Indebtedness and as Additional [First Lien] [Second Lien] Term Indebtedness by means of an Additional Indebtedness Designation.
If contractual arrangements are acceptable by both parties then reclassification can take place at the earliest convenience.

More Definitions of Term Indebtedness

Term Indebtedness means Indebtedness of the Borrower under the Term Loan Credit Agreement and all guarantees thereof by any Subsidiary Guarantor and all refinancings, renewals and extensions thereof that are permitted by Section 6.01(l).

Term Indebtedness means the Term Borrowings and all other present and future indebtedness of the Borrower to the Term Agent and the Term Lenders, absolute or contingent, determined or undetermined, cxxxxx or inchoate, matured or unmatured, howsoever arising or incurred under the Term Credit Agreement or under any of the other Term Loan Documents and includes all fees, costs, expenses and indemnity obligations under any of the Term Loan Documents and the indebtedness of the Borrower pursuant to any judgment obtained in respect of the failure by the Borrower to perform or observe any of its obligations under any of the Term Loan Documents;

Term Indebtedness shall have the meaning set forth in the Amended and Restated Reimbursement Agreement.

Term Indebtedness means, collectively, all (i) principal indebtedness under the Term Credit Agreement, (ii) interest (including interest at the default rate of interest provided for in the Term Loan Documents on the principal indebtedness under the Term Loan Documents), fees, expenses, changes or other amounts accruing on or after the filing of any petition in bankruptcy or for reorganization at the rate or in the amount otherwise applicable thereto, whether or not any such interest, fees, expenses, charges or other amounts is an allowed claim, and (iii) premiums and fees (including post-petition fees and costs, including attorneys fees), if any, and other amounts, indebtedness, obligations and liabilities of Term Borrowers and their respective Subsidiaries or Affiliates, whether now existing or hereafter incurred or created, payable, owing or due to Term Lenders under or with respect to the Term Loan Documents.

Term Indebtedness means any indebtedness which, once repaid or discharged, is not available for re-borrowing or re-drawing.

Term Indebtedness means one or more debt facilities or other financing arrangements (including indentures) providing for term loans or other long-term term indebtedness; provided that (a) as of the date of the incurrence of such Indebtedness and after giving effect thereto, the Payment Conditions are satisfied, (b) if such Indebtedness is secured solely by Liens ranking junior in right of security to the Liens securing the Obligations or is unsecured then such Indebtedness shall not mature (or require any scheduled amortization or scheduled payments of principal), and shall not be subject to any mandatory xxxxxxxxxx, xxxxxxxxxx, repayment or sinking fund obligation (other than (i) payments as part of an “applicable high yield discount obligation” catch-up payment, (ii) customary offers to repurchase in connection with any change of control or fundamental change, Disposition or casualty event and (iii) customary acceleration rights after an event of default), in each case, prior to the date that is 91 days after the Maturity Date as of the date of the incurrence of such Indebtedness, (c) if such Indebtedness is secured by Liens on assets other than Collateral, then such Indebtedness shall not mature prior to the Maturity Date as of the date of the incurrence of such Indebtedness.