Examples of Permitted Secured Debt in a sentence
The concept of Permitted Creditors is only applicable for the cases of Permitted Secured Debt.
Enter into any Hedging Agreement, except to hedge risks arising under the Loan Documents, the Permitted Secured Debt Documents, the Secured Incremental Equivalent Debt Documents or in the ordinary course of business and, in any case, not for speculative purposes.
The Permitted Secured Debt includes any renewal, rescheduling or refinancing of such debt, as set out in Clause 9.
Section 1.1 of the Credit Agreement is hereby amended by adding the words “or under a Permitted Secured Debt Document” after the words “Loan Document” in clauses (b) and (c) of the definition of “Change in Control”.
The pre-operating expenses shall be those applicable as of the termination date of the Contract, and shall include, among others, the collateral costs associated with the termination of the Contract, as well as the financing costs related to the Permitted Secured Debt, which includes interest during the construction stage.