Debt Repayment Amount definition

Debt Repayment Amount shall have the meaning set forth in Section 3.3.

Debt Repayment Amount has the meaning given in Section 1.3(b).

Debt Repayment Amount means the amount necessary to repay the full amount of the Closing Indebtedness.

Examples of Debt Repayment Amount in a sentence

• The Account Bank may permit withdrawal of amounts from the Debt Repayment Account to pay the Debt Repayment Amount due to the Lenders under the Financing Documents.

• On each Monthly Distribution Date, the Account Bank shall deposit amounts equivalent to the Debt Repayment Amount into the Debt Repayment Account.

• An amount by wire transfer of immediately available funds equal to the Debt Repayment Amount to an account to be specified by Royal Bank of Canada no fewer than three (3) Business Days prior to the Closing.

• An amount by wire transfer of immediately available funds equal to (1) such Contributor’s allocated portion of the Cash Consideration, less (2) such Contributor’s Pro Rata Share of the Debt Repayment Amount, if applicable, in each case in accordance with the Allocation Schedule and to an account to be specified by such Contributor no fewer than three (3) Business Days prior to the Closing.

• Until the earlier of the Longstop Date and any repayment or refinancing of the Proventus Facility, the CityFibre Directors intend to retain not less than £70 million of CityFibre’s existing cash resources, which may be used to pay the Existing Debt Repayment Amount, if required, following completion of the Acquisition and, accordingly, to ensure that it retains sufficient uncommitted cash reserves to enable it to do so.

More Definitions of Debt Repayment Amount

Debt Repayment Amount means an amount equal to the outstanding Indebtedness under the Holdco Credit Agreement immediately prior to the Closing.

Debt Repayment Amount means an amount equal to the excess, if any, of (i) the Company Net Debt Amount over (ii) the Specified Net Debt Amount.

Debt Repayment Amount means the amount required at Closing to pay in full and otherwise discharge all obligations of Seller under the Debt Agreements, including but not limited to payment of all principal, interest and prepayment penalties in connection with such Debt Agreements.

Debt Repayment Amount means the sum required to repay the Repayment Debt in accordance with clause 5.3.9(4) and paragraph 3 of Schedule 4;

Debt Repayment Amount means an amount, to be paid by the Purchaser to the Banks as more specifically set out in Schedule 6.

Debt Repayment Amount means the $55,000,000 (which amount shall include all principal, premium, interest, fees, charges, costs, expenses and other obligations, contingent or otherwise, relating thereto) for which the Company has indemnified Seller pursuant to the Restructuring."

Debt Repayment Amount means the $90,000,000 (which amount shall include all principal, premium, interest, fees, charges, costs, expenses and other obligations, contingent or otherwise, relating thereto) for which the Company has indemnified Seller pursuant to the Restructuring.