Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness that is secured by a Lien on the Collateral; provided that such Consolidated Funded Indebtedness is not expressly subordinated pursuant to a written agreement in right of payment to the Obligations.
Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness of the Issuer that is not Subordinated Indebtedness and that is secured by a Lien.
Consolidated Funded Senior Secured Indebtedness. “Consolidated EBITDA,” “Fixed Charges,” “Fixed Charge Coverage Ratio,” “Four Quarter Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Agreement to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Agreement that, at the Borrower’s election, may be specified by the Borrower by written notice to the Administrative Agent from time to time; provided that the Borrower may elect to remove any term from constituting a Fixed GAAP Term.
Examples of Consolidated Funded Senior Secured Indebtedness in a sentence
Consolidated Funded Senior Secured Indebtedness (less the unrestricted cash and Cash Equivalents of the Borrower and the Restricted Subsidiaries as of the end of such Test Period) of the Borrower as of the end of such Test Period to (b) Consolidated EBITDA of the Borrower for such Test Period.
More Definitions of Consolidated Funded Senior Secured Indebtedness
Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness of the Borrower Parties that is secured by a Lien on the assets of the Borrower and its Restricted Subsidiaries; provided that such Consolidated Funded Indebtedness is not expressly subordinated in right of payment to the Obligations pursuant to a written agreement.
Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness that is secured by a Lien on any assets of the Borrower or any Restricted Subsidiary; provided that the Liens on such assets are not expressly junior to the Liens on Collateral securing the Obligation.
Consolidated Funded Senior Secured Indebtedness means all Consolidated Funded Indebtedness that is secured by a Lien on any property, other than Indebtedness owing to the United States Department of Transportation in connection with the Title XI financing of the Q4000.
Consolidated Funded Senior Secured Indebtedness. “Consolidated EBITDA,” “Four Quarter Consolidated EBITDA” and “Indebtedness,” (b) all defined terms in this Agreement to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Agreement that, at the Borrower’s election, may be specified by the Borrower by written notice to the Administrative Agent from time to time; provided that the Borrower may elect to remove any term from constituting a Fixed GAAP Term.
Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness (excluding Capitalized Lease Obligations) that is secured by a Lien on the Collateral; provided that such Consolidated Funded Indebtedness is not expressly subordinated pursuant to a written agreement in right of payment to the Obligations.
Consolidated Funded Senior Secured Indebtedness. “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Net Tangible Assets,” “Consolidated Senior Secured Net Leverage Ratio,” “Consolidated Total Assets,” “Consolidated Total Net Leverage Ratio,” “Fixed Charge Coverage Ratio” and “Indebtedness,” (b) all defined terms in this Indenture to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Indenture or the Notes that, at the Issuer’s election, may be specified by the Issuer by written notice to the Trustee from time to time; provided that the Issuer may elect to remove any term from constituting a Fixed GAAP Term.
Consolidated Funded Senior Secured Indebtedness means Consolidated Funded Indebtedness of the Borrower Parties that is secured by a Lien on the Collateral; provided that such