NOTES PAYABLE AND LONG-TERM DEBT Sample Clauses

NOTES PAYABLE AND LONG-TERM DEBT. Notes payable and long-term debt consisted of the following at September 30: 1994 1993 ------ ------ (In thousands) $12,000,000 line of credit with a lender, paid in full during 1994 $ -- $8,888 $9,500,000 line of credit with a lender collateralized by substantially all assets, with interest payments due monthly at the prime rate plus three percent through December 31, 1994 (10.75 percent at September 30, 1994) and at the prime rate plus two percent effective January 1, 1995 until April 1997 when all remaining principle and interest is due. Borrowings under this line of credit are limited to the borrowing base defined substantially as a percentage of inventory, as defined, and 75 percent of eligible accounts receivable, as defined and adjusted in the agreement 6,848 --
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NOTES PAYABLE AND LONG-TERM DEBT. Notes Payable and Long-term debt consists of the following (in thousands): AUGUST 31, ------------------ 2001 2000 -------- ------- Term loans (a).............................................. $ 25,000 $33,333 Short term line of credit (b)............................... -- -- Borrowings under revolving credit facility (c).............. -- -- Convertible debt (d)........................................ 345,000 -- -------- ------- Total notes payable and long-term debt...................... 370,000 33,333 Less current installments of long-term debt................. 8,333 8,333 Notes payable and long-term debt, less current -------- ------- installments.............................................. $361,667 $25,000 ======== ======= ---------------
Sample 1
NOTES PAYABLE AND LONG-TERM DEBT. Notes payable and long-term debt are as follows: DECEMBER 31, ------------------- 2001 2000 -------- -------- $225.0 million unsecured notes, net of unamortized discount of $.5 million and $.7 million, respectively and including a $(.2) million adjustment to fair market value as of December 31, 2001; interest payable semi-annually in May and November at 6 5/8%; principal due at maturity in 2004...................................................... $ 224.3 $ 224.3 $375.0 million unsecured notes, net of unamortized discount of $.5 million; interest payable semi-annually in May and November at 7 1/8%; principal due at maturity in 2009..... 374.5 374.5 $450.0 million unsecured notes, net of unamortized discount of $2.6 million; interest payable semi-annually in February and August at 6 3/4%; principal due at maturity in 2011................................................... 447.4 -- $1.0 billion unsecured revolving credit facility; interest payable using LIBOR based rates (2.68% at December 31, 2001); $500.0 million matures July 2002 and $500.0 million matures July 2003......................................... -- 465.0 Tax-exempt bonds and other tax-exempt financing; interest rates that float based on prevailing market rates (ranging from 1.35% to 5.12% at December 31, 2001); maturities ranging from 2002 to 2031................................. 283.2 124.5 Other notes including unsecured and secured by real property, equipment and other assets; interest rates ranging from 1.5% to 10.0%; maturing through 2012......... 38.3 68.4 -------- -------- 1,367.7 1,256.7 Less: Current portion....................................... (33.6) (56.5) -------- -------- $1,334.1 $1,200.2 ======== ======== REPUBLIC SERVICES, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED) Aggregate maturities of notes payable and long-term debt as of December 31, 2001 are as follows: YEAR ENDING DECEMBER 31, ------------ 2002........................................................ $ 33.6 2003........................................................ 3.8 2004........................................................ 229.1 2005........................................................ 4.2 2006........................................................ 3.9 Thereafter.................................................. 1,096.0 -------- $1,370.6 ======== As of December 31, 2001, the Company had approximately $691.4 million of availability under its revolving credit facility. As of December 31, 20...
Sample 1
NOTES PAYABLE AND LONG-TERM DEBT. Notes payable and long-term debt are as follows: DECEMBER 31, -------------------- 1999 1998 -------- -------- $225.0 million unsecured notes, net of unamortized discount of $1.0 million; interest payable semi-annually in May and November at 6 5/8%; principal due at maturity in 2004..... $ 224.0 $ -- $375.0 million unsecured notes, net of unamortized discount of $.5 million; interest payable semi-annually in May and
Sample 1
NOTES PAYABLE AND LONG-TERM DEBT. The amounts recorded as notes payable and long-term debt attributed to the Division represent borrowings under InfoCure's credit facility or other note agreements which were used primarily to acquire the Contributed Business, or acquire other assets of the Division. InfoCure was not in compliance with certain pre-amendment financial covenants contained in the credit facility as of June 30, 2000 and received a waiver for such non-compliance. During July 2000 InfoCure finalized negotiations to amend to the credit facility to eliminate certain financial covenants and establish new financial covenants. The first measurement date for the new financial covenants is September 30, 2000 and PracticeWorks was in compliance with the credit facility as of that date.
Sample 1

Related to NOTES PAYABLE AND LONG-TERM DEBT

  • Payment of Liabilities, Including Taxes, Etc Each Loan Party shall, and shall cause each of its Subsidiaries to, duly pay and discharge all liabilities to which it is subject or which are asserted against it, promptly as and when the same shall become due and payable, including all taxes, assessments and governmental charges upon it or any of its properties, assets, income or profits, prior to the date on which penalties attach thereto, except to the extent that such liabilities, including taxes, assessments or charges, are being contested in good faith and by appropriate and lawful proceedings diligently conducted and for which such reserve or other appropriate provisions, if any, as shall be required by GAAP shall have been made.

  • Excess Nonrecourse Liabilities Solely for purposes of determining a Member’s proportionate share of the “excess nonrecourse liabilities” of the Company within the meaning of Section 1.752-3(a)(3) of the Regulations, the Members’ interests in the Company’s Profits are in proportion to their LLC Percentages.

  • Payment of Debts, Taxes, Etc The Company shall pay, or cause to be paid, all of its indebtedness and other liabilities and perform, or cause to be performed, all of its obligations in accordance with the respective terms thereof, and pay and discharge, or cause to be paid or discharged, all taxes, assessments and other governmental charges and levies imposed upon it, upon any of its assets and properties on or before the last day on which the same may be paid without penalty, as well as pay all other lawful claims (whether for services, labor, materials, supplies or otherwise) as and when due

  • Payment of Outstanding Indebtedness, etc The Administrative Agent shall have received evidence that immediately after the making of the Loans on the Closing Date, all Indebtedness under the Existing Credit Agreement and any other Indebtedness not permitted by Section 7.04, together with all interest, all payment premiums and all other amounts due and payable with respect thereto, shall be paid in full from the proceeds of the initial Credit Event, and the commitments in respect of such Indebtedness shall be permanently terminated, and all Liens securing payment of any such Indebtedness shall be released and the Administrative Agent shall have received all payoff and release letters, Uniform Commercial Code Form UCC-3 termination statements or other instruments or agreements as may be suitable or appropriate in connection with the release of any such Liens.

  • Partnership Obligations (a) Except as provided in this Section 6.05 and elsewhere in this Agreement (including the provisions of Articles V and VI hereof regarding distributions, payments and allocations to which it may be entitled), the General Partner shall not be compensated for its services as general partner of the Partnership.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • Excluded Obligations Notwithstanding anything to the contrary expressed or implied in the Finance Documents, the Security Agent shall not:

  • Minimum Gain Chargeback (Nonrecourse Liabilities) Except as otherwise provided in Section 1.704-2(f) of the Regulations, if there is a net decrease in Partnership Minimum Gain for any Partnership fiscal year, each Partner shall be specially allocated items of Partnership income and gain for such year (and, if necessary, subsequent years) in an amount equal to such Partner’s share of the net decrease in Partnership Minimum Gain to the extent required by Section 1.704-2(f) of the Regulations. The items to be so allocated shall be determined in accordance with Sections 1.704-2(f) and (i) of the Regulations. This subparagraph 2(a) is intended to comply with the minimum gain chargeback requirement in said section of the Regulations and shall be interpreted consistently therewith. Allocations pursuant to this subparagraph 2(a) shall be made in proportion to the respective amounts required to be allocated to each Partner pursuant hereto.

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