Total Unsecured Indebtedness means, as of any date of determination, that portion of Total Indebtedness which does not constitute Total Secured Indebtedness.
Total Unsecured Indebtedness means, as at any date of determination, the aggregate amount of all Unsecured Indebtedness of the Consolidated Group on such date determined on a consolidated basis; provided that with respect to any Non-Wholly Owned Consolidated Subsidiary, only the Consolidated Group Pro Rata Share of Unsecured Indebtedness attributable to the Consolidated Group’s interests in such Non-Wholly Owned Consolidated Subsidiary shall be included in the calculation of Total Unsecured Indebtedness.
Total Unsecured Indebtedness means, as of any Calculation Date, an amount equal to (a) all unsecured Indebtedness of the Borrower and its Wholly-Owned Subsidiaries, plus (b) without duplication Borrower’s Equity Percentage of any unsecured Indebtedness of any Joint Venture and/or Joint Venture Projects as of such Calculation Date, other than trade indebtedness incurred in the ordinary course of business; provided, that all Indebtedness which is secured by a pledge of equity interests only shall be deemed to be unsecured indebtedness.
Examples of Total Unsecured Indebtedness in a sentence
Borrower shall not permit the ratio of Unencumbered FC EBITDA for the Calculation Period applicable to the most-recent Calculation Date to that portion of interest expense attributable to Total Unsecured Indebtedness outstanding during the Calculation Period applicable to such Calculation Date to be less than 1.50:1.00.
More Definitions of Total Unsecured Indebtedness
Total Unsecured Indebtedness means, at any time, the aggregate amount of Indebtedness of Company and its Consolidated Subsidiaries that is not secured by a Lien, other than Permitted Liens of the type described in clauses (a) through (f) of the definition thereof.
Total Unsecured Indebtedness means, as at any date of determination, the sum of (i) all Unsecured Indebtedness of the Consolidated Group determined on a consolidated basis and (ii) the Consolidated Group Pro Rata Share of Unsecured Indebtedness of Unconsolidated Affiliates.
Total Unsecured Indebtedness means all Unsecured Indebtedness (including, without limitation, the Obligations) of the Consolidated Parties.
Total Unsecured Indebtedness means, as at any date, all of the unsecured Indebtedness of Borrower Parties without duplication; and for the purposes hereof such term shall include the aggregate outstanding amount of the Revolving Credit Exposure and Term Loan Exposure of the Lenders on such date.
Total Unsecured Indebtedness means all Indebtedness of the Consolidated Group (other than Total Secured Indebtedness) determined on a consolidated basis.
Total Unsecured Indebtedness means, as of any date, (A) Consolidated Outstanding Indebtedness (including without limitation all Indebtedness under this Agreement and all Indebtedness represented by “Exchangeable Senior Notes” issued by members of the Consolidated Group) less (B) all Secured Indebtedness of the Consolidated Group (including without limitation all Indebtedness under the Related Facility) less (C) the Consolidated Group Pro Rata Share of all Secured Indebtedness of Investment Affiliates and less (D) Qualifying Trust Preferred Obligations.
Total Unsecured Indebtedness means, as of a given date, the aggregate principal amount of all Indebtedness of the Parent and its Subsidiaries that is not Secured Indebtedness, determined on a consolidated basis; provided, however, that any Indebtedness that is secured only by a pledge of Equity Interests shall be deemed to be Indebtedness that is not Secured Indebtedness for purposes of calculating Total Unsecured Indebtedness.