Material Financial Obligation means a principal amount of Debt and/or payment obligations in respect of any Hedge Agreement of the Parent and/or one or more of its Subsidiaries arising in one or more related or unrelated transactions exceeding in the aggregate $25,000,000.
Material Financial Obligation means Indebtedness, Attributable Indebtedness, Contingent Obligations and obligations under Swap Contracts of the Borrower or any Subsidiary, and obligations of the Borrower or any Subsidiary in respect of any Securitization Transaction, in an aggregate amount (or, in the case of a Swap Contract, having a Swap Termination Value), for all such Indebtedness, Attributable Indebtedness, Contingent Obligations, obligations under Swap Contracts and obligations in respect of Securitization Transactions, but without duplication, equal to $100,000,000 or more.
Material Financial Obligation has the meaning provided in Section 7.01(j).
Examples of Material Financial Obligation in a sentence
The Borrower is not in default of the payment of any Material Financial Obligation to which he or it, as applicable, is a party.
More Definitions of Material Financial Obligation
Material Financial Obligation means a principal or face amount of Debt and/or payment or collateralization obligations in respect of Derivatives Obligations of the Borrower and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, exceeding in the aggregate $1,000,000.
Material Financial Obligation is defined in Section 7.5.
Material Financial Obligation means Indebtedness, Attributable Indebtedness, Contingent Obligations and obligations under Swap Contracts of the Borrower or any Subsidiary, and obligations of the Borrower or any Subsidiary in respect of any Securitization Transaction, in an aggregate amount (or in the case of a Swap Contract having a Swap Termination Value), for all such Indebtedness, Attributable Indebtedness, Contingent Obligations, obligations under Swap Contracts and obligations in respect of Securitization Transactions, but without duplication, equal to $75,000,000 or more.
Material Financial Obligation means Indebtedness of the Borrower or any Subsidiary, or obligations of the Borrower or any Subsidiary in respect of any Securitization Transaction, in an aggregate amount (for all applicable Indebtedness and obligations in respect of Securitization Transactions, but without duplication) equal to $10,000,000 or more.
Material Financial Obligation means with respect to any Security Party a principal or face amount of Debt (in the case of Derivatives Obligations, determined in respect of any counterparty on a net basis), and arising in one or more related or unrelated transactions, exceeding in the aggregate $20,000,000 (or its equivalent in any other currency);
Material Financial Obligation means an obligation in respect of an amount or amounts exceeding $100,000 (per event) adjusted by movements in CPI in accordance with clause 7.
Material Financial Obligation shall have the meaning set forth in Section 7.1(e). “Maturity Date” means December 22, 2014, or if such day is not a Business Day, the next preceding Business Day. “Maximum Rate” shall have the meaning set forth in Section 2.10. “Net Proceeds” means, with respect to any sale, transfer, assignment or other disposition of (i) the Equity Interests or (ii) any of the Borrower’s other assets, the aggregate amount of all net proceeds in the form of cash, cash equivalents and publicly traded securities received by the Borrower in connection with any such transaction (whether as initial consideration or through the payment of deferred consideration); provided, however, that Net Proceeds shall exclude any amounts received by or on behalf of the Borrower on account of any such sale, transfer, assignment or other disposition of the Vineyard Interests. “Net Proceeds Percentage” has the meaning specified in Schedule 2.4. “Net Proceeds Threshold” has the meaning specified in Schedule 2.4. 26