New Indebtedness definition

New Indebtedness has the meaning assigned to such term in the definition of Permitted Refinancing Indebtedness.
New Indebtedness means any principal and interest payable to the Pari Passu Lenders under the Pari Passu Payment Lien Documents and any other obligations arising under Pari Passu Payment Lien Documents.
New Indebtedness means any Indebtedness (as defined in the Second Lien Indenture) other than the Closing Date Indebtedness;

Examples of New Indebtedness in a sentence

  • WRITTEN REVOCATION OF THIS GUARANTY WILL APPLY ONLY TO NEW INDEBTEDNESS CREATED AFTER ACTUAL RECEIPT BY SELLER OF GUARANTORS’ WRITTEN REVOCATION.

  • Mother's skin heats or cools baby according to each situation and provides the child with an optimal body temperature107.


More Definitions of New Indebtedness

New Indebtedness as defined in the definition ofConsolidated Leverage Ratio”.
New Indebtedness means, with respect to any Person, (i) all obligations of such Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, notes, debentures or other similar instruments, and (iii) all preferred stock issued by such Person which is redeemable, prior to full satisfaction of the Borrower's obligations under the Credit Documents (including repayment in full of the Loans and all interest accrued thereon), other than at the option of such Person, valued at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends, PROVIDED, HOWEVER, that New Indebtedness shall not include (a) new issuances of industrial revenue bonds or industrial development bonds which do not exceed an aggregate amount of $10,000,000 per issuance, and (b) any New Indebtedness defined in clauses (i) through
New Indebtedness is defined in clause (c) of the definition of "Change of Control."
New Indebtedness means any principal and interest payable to the Holders under the Other Second Priority Documents and any other obligations arising under Other Second Priority Documents.
New Indebtedness shall have the meaning set forth in Section 7.9(h). Credit Agreement 13
New Indebtedness includes any actual or contingent liability arising after the date of this agreement from (1) an extension of credit, (2) a guaranty of another's indebtedness or obligations, or (3) any other consensual transaction which creates in Borrower a direct or indirect obligation of future payment; New Indebtedness does not include, however, (i) indebtedness incurred in financing a New Customer Contract or a Modification, provided that such financing is permissible under Section 13A, (ii) indebtedness to vendors incurred in the ordinary course of business, provided that (a) the vendor's invoice is payable within ninety (90) days after the delivery of the goods or services, and (b) Borrower's payment of the invoice is not more than thirty (30) days overdue, unless Borrower is disputing the invoice in good faith, and (iii) indebtedness owed to Lender.
New Indebtedness means any Indebtedness to be incurred by the Company after the date hereof.