Specified Indebtedness. The Specified Indebtedness (as defined in the Merger Agreement) shall have been refinanced or assumed to the satisfaction of Buyer (as contemplated by the Merger Agreement), including receipt of a payoff and lien release from the holder of such Specified Indebtedness with respect to any Liens affecting the Property.
Specified Indebtedness. There are no scheduled principal payments due under any Specified Indebtedness prior to the FILO Maturity Date.
Specified Indebtedness. There are no scheduled principal payments due under any Specified Indebtedness prior to the FILO Maturity Date. 106 ARTICLE IV CONDITIONS. 106 SECTION 4.01. Restatement Effective Date 106 SECTION 4.02. Each Credit Event 1098 SECTION 4.03. Designation of a Subsidiary Borrower 109 ARTICLE V AFFIRMATIVE COVENANTS. 1110 SECTION 5.01. Financial Statements; Borrowing Base Certificate and Other Information 1110 SECTION 5.02. Notices of Material Events 1143 SECTION 5.03. Existence; Conduct of Business 1154 SECTION 5.04. Payment of Obligations 1154 SECTION 5.05. Maintenance of Properties 115 SECTION 5.06. Books and Records; Inspection Rights 115 SECTION 5.07. Compliance with Laws and Material Contractual Obligations; Compliance with Leaseholds 116 SECTION 5.08. Use of Proceeds 1176 SECTION 5.09. Insurance 1176 SECTION 5.10. Casualty and Condemnation 117 SECTION 5.11. Appraisals 117 SECTION 5.12. [Reserved] 1198 SECTION 5.13. Canadian Pension Plans and Canadian Benefit Plans 1198 SECTION 5.14. Additional Loan Parties and Collateral; Further Assurances 1198 SECTION 5.15. Post-Closing Matters 12019 SECTION 5.16. Financial Advisor 12019 SECTION 5.17. Approved Budget; Budget Testing; Variance Reports; Disbursement Report; Purchase Orders 1210 SECTION 5.18. Specified Equity Proceeds 121 SECTION 5.19. Equity Documents 122 ARTICLE VI NEGATIVE COVENANTS. 122 SECTION 6.01. Indebtedness 122 SECTION 6.02. Liens 124 SECTION 6.03. Fundamental Changes 1256 SECTION 6.04. Investments, Loans, Advances, Guarantees and Acquisitions 126 SECTION 6.05. Asset Sales 1278 SECTION 6.06. Limitation on Certain Liens 129 SECTION 6.07. Swap Agreements 129 SECTION 6.08. Restricted Payments; Certain Payments of Indebtedness 12930 SECTION 6.09. Transactions with Affiliates 131 SECTION 6.10. Restrictive Agreements 131 SECTION 6.11. Amendment of Material Documents 132 SECTION 6.12. Canadian Pension Plans 132 SECTION 6.13. Applications Under the CCAA and BIA 132 SECTION 6.14. Fixed Charge Coverage Ratio 133 SECTION 6.15. FILO Borrowing Base; Certain Reserves 133 SECTION 6.16. Specified Collateral Account 133 SECTION 6.17. April Equity Tranche 133 SECTION 6.18. Minimum Specified Equity Proceeds Amount 133 ARTICLE VII EVENTS OF DEFAULT 1334 SECTION 7.01. Events of Default 1334 ARTICLE VIII THE ADMINISTRATIVE AGENT AND FILO AGENT 1367 SECTION 8.01. Authorization and Action 1368 SECTION 8.02. Administrative Agent’s Reliance, Indemnification, Etc. 13941 SECTION 8.03. Posting of Communications 1412 SECTION ...
Specified Indebtedness. The Company and each of its direct and indirect wholly-owned Subsidiaries shall, immediately prior to the Closing, repay the Indebtedness, if any, owed by such Person to any direct or indirect non-wholly-owned Subsidiary of the Company.
Specified Indebtedness. Maximum Permitted: $1,000,000,0000 plus any additional or other amount, so long as C. 1 does not exceed 2.50 to 1.00, determined on a pro forma basis Senior Net Leverage Ratio Calculations, if applicable3
Specified Indebtedness. Any Indebtedness of the type described in clauses (a), (b), (c), (d), (e) and (g) of the definition thereof; provided that any Guarantee referred to such clause (g) shall relate only to Indebtedness of the type described in clauses (a), (b), (c), (d) and (e) of such definition.
Specified Indebtedness. This term shall mean any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.
Specified Indebtedness. Evidence that the Specified Indebtedness has been assumed by the Company to the satisfaction of Buyer or a payoff letter from the holder of the Specified Indebtedness for purposes of Buyer’s refinancing of such Specified Indebtedness, which in either case, includes evidence of the release or discharge of such financing statements and other Liens on or against or affecting the Company Capital Stock, the Company and any assets of the Business in connection with such Specified Indebtedness, in form and substance satisfactory to Buyer;
Specified Indebtedness. No later than two Business Days prior to the Closing Date, the Company shall provide to Purchaser customary pay-off letters from Fifth Third Bank with respect to the Specified Indebtedness. On or prior to the Closing, the Company shall make arrangements (i) for Purchaser to receive recordable form Lien releases and canceled notes with respect to the Specified Indebtedness such that all Liens securing the Specified Indebtedness on the assets or properties of the Company that are not Permitted Exceptions shall be satisfied, terminated and discharged and (ii) for the guaranty listed on Schedule 4.8 to be transferred to an Affiliate of the Founders with no Liability of the Company thereunder.
Specified Indebtedness. Instead of the definition in Section 14 of this Agreement, "Specified Indebtedness" shall mean any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) (a) in respect of borrowed money, and/or (b) in respect of any Specified Transaction (except that, for this purpose only, the words "and any other entity" shall be substituted for the words "and the other party to this Agreement (or any Credit Support Provider of such other party or any applicable Specified Entity of such other party)" where they appear in the definition of Specified Transaction and the words “which is not a Transaction under this Agreement but” shall be deleted).
