Amount of Indebtedness. The Borrower shall ensure that:
(i) the maximum aggregate principal amount of Bank Indebtedness (or any Permitted Refinancing thereof) guaranteed by the Second Priority Guarantors shall not exceed, in the aggregate, $5,300,000,000 (or its equivalent in any other currency) until the occurrence of a First Priority Release Event, a Second Priority Release Event, and a Third Priority Release Event;
(ii) the maximum aggregate principal amount of Unsecured Note Indebtedness and DDTL Indebtedness (or any Permitted Refinancing of either of them), in each case, guaranteed by the Third Priority Guarantor shall not exceed, in the aggregate, $1,700,000,000 (or its equivalent in any other currency) until the occurrence of a Third Priority Release Event;
(iii) until the occurrence of a Second Priority Release Event, none of the Second Priority Guarantors will grant any guarantee that is pari passu with or senior to its obligations under the Second Priority Guarantee, except in connection with (A) any Bank Indebtedness or any Permitted Refinancing thereof, (B) any Credit Card Obligations or (C) any Other Guarantees, provided that each Other Guarantee shall be on terms no more favourable in any material respect (including for this purpose the priority of that guarantee) than that currently provided by that Second Priority Guarantor in connection with the relevant Indebtedness; and
(iv) until the occurrence of a Third Priority Release Event, the Third Priority Guarantor will not grant any guarantee that is pari passu with or senior to its obligations under the Third Priority Guarantee, except in connection with (A) any Bank Indebtedness, Unsecured Note Indebtedness, DDTL Indebtedness or any Permitted Refinancing of any thereof, (B) any Credit Card Obligations or (C) any Other Guarantees, provided that each Other Guarantee shall be on terms no more favourable in any material respect (including for this purpose the priority of that guarantee) than that currently provided by the Third Priority Guarantor in connection with the relevant Indebtedness.
Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2010 was $1.415 billion. However, Idaho Power Company’s outstanding pollution control revenue bonds are secured by First Mortgage Bonds, which increases the total First Mortgage Bonds outstanding at December 31, 2010 to $1.581 billion. The amount of First Mortgage Bonds issuable by Idaho Power Company, giving effect to the Forty-fifth Supplemental Indenture, is limited to a maximum of $2.0 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Indenture. IDACORP, Inc. 0000 Xxxx Xxxxx Xxxxxx X.X. Xxx 00 Xxxxx, XX 00000 Attention: Xxxxxx X. Xxxx, Vice President and Treasurer Telephone No.: (000) 000-0000 Telecopy No.: (000) 000-0000 E-mail: xxxxx@xxxxxxxxxx.xxx Xxxxx Fargo Bank, National Association 0000 Xxxx X.X. Xxxxxx Blvd. Mail Code: D1109-019 Xxxxxxxxx, XX 00000 Attention: Syndication Agency Services Telephone No.: (000) 000-0000 Telecopy No.: (000) 000-0000 E-mail: xxxxxxxxxxxxxx.xxxxxxxx@xxxxxxxx.xxx Xxxxx Fargo Bank, National Association Corporate Banking - Utility and Power Group 0000 XX 0xx Xxxxxx, 0xx Xxxxx Mail Code: MAC P6101-076 Xxxxxxxx, XX 00000 Attention: Xxxx Xxxxxxxx Telephone No.: (000) 000-0000 Telecopy No.: (000) 000-0000 E-mail: xxxx.xxxxxxxx@xxxxxxxxxx.xxx The Lenders party to the Credit Agreement defined below and Xxxxx Fargo Bank, National Association, as Administrative Agent for such Lenders 0000 Xxxx X.X. Xxxxxx Blvd. Mail Code: D1109-019 Xxxxxxxxx, XX 00000 Attention: Syndication Agency Services Ladies and Gentlemen: We have acted as counsel to IDACORP, Inc., an Idaho corporation (the “Company”), in connection with the Credit Agreement (the “Credit Agreement”) dated October 26, 2011 among the Company, as Borrower, Xxxxx Fargo Bank, National Association, as Administrative Agent (in such capacity, “Administrative Agent”), Swingline Lender and LC Issuer, JPMorgan Chase Bank, N.A., as Syndication Agent and LC Issuer, Union Bank, N.A. and KeyBank National Association, as Documentation Agents, and the lenders party to the Credit Agreement (collectively, “Lenders”). Except as otherwise indicated herein, capitalized terms defined in the Credit Agreement are used herein as defined in the Credit Agreement.
Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2006 was $951.1 million. The amount of First Mortgage Bonds issuable by Idaho Power Company, giving effect to the Forty-second Supplemental Indenture, is limited to a maximum of $1.5 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Mortgage.
Amount of Indebtedness. CoBank may, at its sole option and without any notice to or consent of Guarantor, allow the Indebtedness of Borrower owed to CoBank to exceed the principal amount of all promissory notes executed by Borrower in connection with the Indebtedness without in any way adversely affecting Guarantor's liability hereunder.
Amount of Indebtedness. The aggregate principal amount of indebtedness for borrowed money of the Company and its Subsidiaries outstanding as of the date hereof is approximately $79,500,000. Except as set forth in Section 3.12 of the COMPANY DISCLOSURE SCHEDULE, the Company and its Subsidiaries are not subject to any prepayment penalties with respect to any such indebtedness.
Amount of Indebtedness. Borrowers acknowledge and agree that (a) as of December 29, 2010, the outstanding principal amount of the Obligations under the Loan Documents was in an amount not less than $92,258,558.49, exclusive of late charges, default and other interest, fees, costs of collection, attorney fees, and other charges and additional amounts which are due or may become due with the passage of time under the Loan Documents, and (b) Borrowers are truly and justly indebted to one or more Lenders in respect of all Obligations under the Loan Documents without defense, counterclaim or offset of any kind, and Borrowers ratify and reaffirm the validity, enforceability and binding nature of such Obligations. Borrowers acknowledge and agree that the amounts set forth on Schedule 1, but for this Agreement, were due and payable to Lenders on January 1, 2011 and, if Borrowers do not pay to Lenders such amount for Lenders’ receipt in full, in cash on or before January 14, 2011 at 2:00 p.m. (prevailing Eastern Time), there shall be as of January 14, 2011 a payment Event of Default under the Credit Agreement (which may be in addition to other Events of Default), without the need for further notice to Borrowers or any other person and without any opportunity to cure. Each Borrower hereby waives any right it may otherwise have now or in the future to notice of such payment default or to cure any such payment default.
Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2018 was $1.665 billion. However, Idaho Power Company’s outstanding pollution control revenue bonds are secured by First Mortgage Bonds, which increased the total First Mortgage Bonds outstanding at December 31, 2018 to $1.835 billion. The amount of First Mortgage Bonds issuable by Idaho Power Company, giving effect to the Forty-eighth Supplemental Indenture, is limited to a maximum of $2.5 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Indenture. 12604453v1 24740.000246
Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2006 was $951.1 million. The amount of First Mortgage Bonds issuable by Idaho Power Company, giving effect to the Forty-second Supplemental Indenture, is limited to a maximum of $1.5 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Mortgage. IDACORP Financial Services, Inc. Indebtedness Owed To: IFS has obtained borrowings from NDH Capital, Inc., Corporation Credit, Inc., ReliaStar Life Insurance Co., Xxxxx Fargo Brokerage Services, LLC and several of the affordable housing partnerships referenced below.
Amount of Indebtedness. 23 3.13 Taxes.........................................................23 3.14
Amount of Indebtedness. The Borrower acknowledges that the Lender shall maintain a record of any and all advances made by the Lender to the Borrower and any Interest, fees, payments or other amounts owing or received under this Agreement or the Security (as defined below) and that, except for manifest error, the indebtedness and liability of the Borrower to the Lender outstanding from time to time, shall be conclusively determined by reference to such record; provided, however, that the failure of the Lender to record any amount in such record shall not affect the obligation of the Borrower to pay or repay such indebtedness and liability in accordance with the terms of this Agreement.
