Common use of Total Bank Debt Clause in Contracts

Total Bank Debt. The Total Bank Debt (as hereinafter defined) of the Company and its subsidiaries as of September 1, 2000 shall not have exceeded $35,100,000. For purposes of this Section 5.1(v), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

Appears in 2 contracts

Samples: Notes and Warrant Purchase Agreement (Sheldahl Inc), Notes and Warrant Purchase Agreement (Sheldahl Inc)

AutoNDA by SimpleDocs

Total Bank Debt. The Total Bank Debt (as hereinafter defined) of the Company and its subsidiaries as of September 1, 2000 shall not have exceeded $35,100,000. For purposes of this Section 5.1(v4.1(t), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sheldahl Inc)

AutoNDA by SimpleDocs

Total Bank Debt. The Total Bank Debt (as hereinafter defined) of the Company Obligors and its their subsidiaries as of September 1, 2000 the Closing Date shall not have exceeded [$35,100,00030,000,000]. For purposes of this Section 5.1(v5.1(n), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

Appears in 1 contract

Samples: Subordinated Secured Notes Purchase Agreement (Sheldahl Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.