Attributable Debt. In respect of a sale and leaseback transaction, at the time of determination, the present value (discounted at the rate of interest implicit in such transaction, determined in accordance with GAAP) of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction (including any period for which such lease has been extended or may, at the option of the lessor, be extended).
Attributable Debt. The term “
Attributable Debt. The amount of Debt of any Person at any date will be the outstanding balance at such date of all unconditional obligations as described above and, with respect to contingent obligations (other than contingent obligations under Interest Rate Agreements, Currency Agreements and Commodity Agreements, which shall be valued as set forth above), the maximum liability upon the occurrence of the contingency giving rise to the obligation; provided, that:
Attributable Debt. The Indebtedness of any Person shall include the Indebtedness of any other entity (including any partnership in which such Person is a general partner) to the extent such Person is liable therefor as a result of such Person's ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness provide that such Person is not liable therefor.
Attributable Debt. The amount of Debt of any Person at any date will be the outstanding balance at such date of all unconditional obligations as described above and, with respect to contingent obligations, the maximum liability upon the occurrence of the contingency giving rise to the obligation; provided that (a) the amount outstanding at any time of any Debt issued with original issue discount is the accreted value of that Debt at that time as determined in conformity with GAAP and (b) Debt will not include any liability for federal, provincial, state, local or other taxes. Notwithstanding any other provision of the foregoing definition, any trade payable, deferred credit or accrued liability arising from the purchase of goods or materials or for services obtained in the ordinary course of business will not be deemed to be Debt of the Company or any of its Restricted Subsidiaries for purposes of this definition. Furthermore, guarantees of (or obligations with respect to letters of credit supporting) Debt otherwise included in the determination of that amount will not also be included.
Attributable Debt. The amount of Debt of any Person at any date will be the outstanding balance at such date of all unconditional obligations as described above and, with respect to contingent obligations (other than contingent obligations under Interest Rate Agreements, Currency Agreements and Commodity Agreements, which shall be valued as set forth above), the maximum liability upon the occurrence of the contingency giving rise to the obligation; provided that:
(1) the amount outstanding at any time of any Debt issued with original issue discount is the accreted value of that Debt at that time as determined in conformity with GAAP; and
(2) Debt will not include any liability for federal, provincial, state, local or other taxes. Notwithstanding any other provision of the foregoing definition, any trade payable, deferred credit or accrued liability arising from the purchase of goods or materials or for services obtained in the ordinary course of business shall not be deemed to be Debt of the Company or any of its Restricted Subsidiaries for purposes of this definition. Furthermore, guarantees of (or obligations with respect to letters of credit supporting) Debt otherwise included in the determination of that amount shall also not be included.
Attributable Debt. In respect of a Sale/Leaseback Transaction, "Attributable Debt" means, as at the date of determination, the present value (discounted at the highest applicable interest rate per annum borne by the Loans on the date of determination) of the total obligations of the lessee for rental payments during the remaining term of the lease included in such Sale/Leaseback transaction (including any period for which such lease has been extended). Balance Sheet Date. March 31
Attributable Debt unsecured Indebtedness of a direct or indirect Subsidiary of the Borrower incurred and outstanding on or prior to the date on which such Subsidiary was acquired by the Borrower or a Subsidiary of the Borrower; (l) unsecured Indebtedness not otherwise permitted hereunder; (m) Indebtedness incurred to refinance existing Indebtedness permitted hereunder, provided, that the principal amount thereof does not exceed the principal amount of the Indebtedness to be refinanced outstanding immediately prior to such refinancing and the terms and provisions of the new Indebtedness (including subordination provisions) are not otherwise more favorable to the holder thereof (including without limitation by stating an earlier maturity) than those of the Indebtedness to be refinanced; and (n) Indebtedness owing by Subsidiaries of the Borrower to the Borrower. provided, however, that the aggregate principal amount of all Indebtedness permitted by clauses (h), (j), (k) and (l), (and any refinancing of such Indebtedness permitted by Clause (m)) shall not exceed $25,000,000 at any time outstanding.
Attributable Debt. The Borrowers shall not suffer or permit Attributable Debt at any time to exceed U.S. $40,000,000.
Attributable Debt. The CLG assumes that the authority will use this part of the receipt to repay the HRA debt associated with the properties sold. However, this is not mandatory, although regard needs to be had to the long-term ability of the HRA to service its debt following the loss of rental income due to RTB sales.
