Third Party Indebtedness. (i) in respect of each Seller, if the Third Party Indebtedness is less than the Estimated Third Party Indebtedness, the Purchaser shall repay to that Seller an amount equal to the deficiency; or
(ii) in respect of each Seller, if the Third Party Indebtedness is greater than the Estimated Third Party Indebtedness, that Seller shall pay to the Purchaser an additional amount equal to the excess.
Third Party Indebtedness. Each Borrower will pay when due (or within applicable grace periods) all Indebtedness due Third Parties, unless the failure so to pay such Indebtedness would not give rise to a Material Adverse Change.
Third Party Indebtedness. On the Closing Date, immediately after giving effect to the Closing Date Transactions, neither the Parent Borrower nor any of its Subsidiaries shall have any third party indebtedness other than any such indebtedness permitted by this Agreement to remain outstanding on the Closing Date.
Third Party Indebtedness. The Administrative Agent shall have received evidence reasonably satisfactory to it that all third-party Indebtedness of the Borrower and its Subsidiaries, other than Indebtedness expressly permitted hereunder, has been repaid in full, and all Liens or guaranties, if any, securing and/or guarantying any such repaid and terminated Indebtedness have been released.
Third Party Indebtedness. (a) Section 5.6(a) of the CKI Disclosure Schedule sets forth a true and complete list of all Indebtedness owing by any Jeanswear N.V. Company which is outstanding as of the date hereof and any Contracts related thereto, including the amount of principal and unpaid interest outstanding under each instrument evidencing such Indebtedness as of November 30, 2005.
(b) No Contract relating to any Jeanswear N.V. Third Party Indebtedness contains any restriction upon (i) the prepayment of such Jeanswear Third Party Indebtedness, (ii) the incurrence of Indebtedness by any Company or (iii) the ability of any Jeanswear N.V. Company to grant any Encumbrance on the Assets of any Company.
(c) At Closing, there will be no Jeanswear N.V. Third Party Indebtedness other than as set forth in the Sellers Third Party Indebtedness and Cash Letter.
(d) All Indebtedness owing by any Jeanswear N.V. Company is, and, at Closing, will be, unsecured.
Third Party Indebtedness. Entity Indebtedness
Third Party Indebtedness. Seller agrees that at the Closing Date there shall be no third-party debt for borrowed money reflected on the books and records of the Acquired Company or any Subsidiary.
Third Party Indebtedness. EUR 128 million of capital lease obligations relating to facilities in Xxxxxxx, Xxxxxxx xxx Xxxxxxx, Xxxxxxx and computer equipment and software.
Third Party Indebtedness. Lease Guaranty dated December 13, 2002 by WESCO International, Inc. in favor of WESCO Real Estate IV, LLC.
Third Party Indebtedness. On the Effective Date, immediately after giving effect to the Transactions, none of the Lead Borrower or any of its Subsidiaries shall have any third party indebtedness (other than (x) the Loans and other extensions of credit under this Agreement, (y) Additional Permanent Financing in an aggregate amount such that, immediately after giving effect to the Transactions and the incurrence or issuance of such Additional Permanent Financing, the Total Leverage Ratio of the Lead Borrower, calculated on a pro forma basis, shall not exceed 3.00 to 1.00 and (z) working capital facilities of the Lead Borrower’s Subsidiaries), and the Administrative Agent shall have received evidence satisfactory to it that all guarantees and security provided by the Lead Borrower and its Subsidiaries in connection with the Existing Credit Agreement have been terminated, cancelled and released.
