Additional Intercompany Loan definition

Additional Intercompany Loan means loans from the Issuer to a Subsidiary where the net intercompany loan position between the Issuer (as creditor) and the relevant Subsidiary exceeds EUR 10,000,000 or such higher threshold amount prescribed as intercompany loans in the terms of any debt incurred pursuant to paragraph (e) of the definition of Permitted Debt. However, an intercompany loan between the Issuer (as creditor) and a relevant Subsidiary shall not be considered to be an Additional Intercompany Loan if it is an Intercompany Loan or if the total aggregated amount of Intercompany Loans and Additional Intercompany Loans outstanding exceeds the aggregated nominal amount of Existing Bonds, Bonds and any New Debt outstanding.
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Additional Intercompany Loan means one or more loans, made after the Issue Date, which together with the Initial Intercompany Loans, represent in the aggregate the principal amount of Notes (and any Additional Notes) issued, by the Company, a Guarantor, or Parent to a Restricted Subsidiary (other than a Subsidiary Guarantor), and which shall be subject to the terms of the relevant Acknowledgment of Debt.
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Related to Additional Intercompany Loan

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Collateral Senior Additional Interest shall have the meaning specified in subsection 4.02(d).

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Shelf Additional Interest Date shall have the meaning set forth in Section 2(d) hereof.

  • Class A Additional Interest shall have the meaning specified in subsection 4.02(a).

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Class B Additional Interest shall have the meaning specified in subsection 4.02(b).

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as of September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Class C Additional Interest is defined in Section 4.1(c).

  • Collateral Additional Interest shall have the meaning specified in subsection 4.02(c).

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Additional Senior Debt Obligations means, with respect to any series, issue or class of Additional Senior Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional Senior Debt, (b) all other amounts payable to the related Additional Senior Debt Parties under the related Additional Senior Debt Documents and (c) any renewals or extensions of the foregoing.

  • Personal interest in a transaction means a personal interest of an officer or employee in any matter considered by his agency. Such personal interest exists when an officer or employee or a member of his immediate family has a personal interest in property or a business, or governmental agency, or represents or provides services to any individual or business and such property, business, or represented or served individual or business is

  • Uncollected Interest With respect to any Distribution Date for any Mortgage Loan on which a Payoff was made by a Mortgagor during the related Payoff Period, except for Payoffs received during the period from the first through the 14th day of the month of such Distribution Date, an amount equal to one month’s interest at the applicable Pass-Through Rate on such Mortgage Loan less the amount of interest actually paid by the Mortgagor with respect to such Payoff.

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.