Additional Term Debt definition

Additional Term Debt means any Indebtedness (other than any Indebtedness incurred or issued under a Term Credit Agreement) of any Term Credit Party that
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Additional Term Debt means any Indebtedness secured by Liens on the Collateral; provided, that (i) at the time of incurrence thereof, such Indebtedness is permitted by the ABL Documents and the Term Documents to be (x) incurred, (y) guaranteed on a pari passu or junior basis with respect to the Term Obligations outstanding under the Term Loan Credit Agreement and (z) secured by Liens on the Collateral on a pari passu or junior basis with the Liens on the Collateral securing the Term Obligations outstanding under the Term Loan Credit Agreement and (ii) the conditions set forth in Section 7.20 shall have been satisfied with respect to such Indebtedness and, unless the agent, trustee or other representative for the holders of such Indebtedness is already a party to this Agreement, such agent, trustee or other representative shall have become a party to this Agreement pursuant to Section 7.20.
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Additional Term Debt has the meaning assigned to that term in Section 5.6.
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Examples of Additional Term Debt in a sentence

  • The ABL Agent and the Controlling Term Agent shall each be named as additional insured or loss payee, as applicable, with respect to all insurance policies relating to the Collateral as set forth in the Term Credit Agreement, any Additional Term Debt Agreement or the ABL Credit Agreement, as applicable.

  • All costs and expenses incurred by the Term Agents and the ABL Agent, including, without limitation pursuant to Section 3.8(d) and Section 4.1(e) hereunder, shall be reimbursed by the Company and the Credit Parties as provided in Section 13.5 of the Term Credit Agreement (or any similar provision (including any similar provision in any Additional Term Debt Agreement)) and Section 13.5 (or any similar provision) of the ABL Credit Agreement.

  • Huda (2009) revealed that Rhizobacterien significantly increased plant height, pod numbers/plant, plant, seed number/pod, seed weight/plant, 100-seed weight, seed yield/fed, nitrate reductase activity, protein and oil % in soybean.

  • No debt except Additional Debt that declines by the amount of scheduled principal payment on the Additional Term Debt (such amount reduced by scheduled principal payments being the "Net Additional Term Debt").

  • ADDITIONAL DEBT The Company shall have no greater than $10,000,000 of additional term debt (the "Additional Term Debt"); no greater than $40,000,000 of a revolving line of credit (the "RLOC"); and no greater than $730,000 in capital leases for the projects known as START 5, 6 and 10 and $1,500,000 in other capital leases ("Capital Leases") on terms reasonably acceptable to American Capital at Closing.

  • Notwithstanding the foregoing, any Additional Term Agent or Additional Term Representative, on behalf of itself and the Term Claimholders it represents under any Additional Term Debt Agreement, may become a party to this Agreement, without any further action by any other party hereto, upon execution and delivery by Holdings and such Additional Term Agent and/or Additional Term Representative of a properly completed Additional Joinder Agreement to each Agent.

  • The Company hereby covenants and agrees that it shall not incur, and shall procure that none of its subsidiaries will incur, any Additional Term Debt (as defined below), pursuant any new or existing facility of the Company or any of its subsidiaries, without approval of the Requisite Directors, which approval must include the affirmative vote of the director then elected by the holders of Series C1 Preferred Stock.

  • To the extent, but only to the extent, permitted by the provisions of the then extant ABL Credit Facility Documents and Term Debt Documents (or with the prior written consent of the ABL Agent and each Term Representative), the Issuer and the other Grantors may incur or issue and sell one or more series or classes of Additional Term Debt.

  • Notwithstanding the foregoing, any Additional Term Debt Agent, on behalf of itself and the Term Claimholders under any Additional Term Debt Agreement, may become a party to this Agreement, without any further action by any other party hereto, upon execution and delivery by Holdings and such Agent of a properly completed Additional Joinder Agreement to each Agent.

  • Supplementary Planning Guidance on Landscape Character will be prepared.


More Definitions of Additional Term Debt

Additional Term Debt shall have the meaning set forth in Section 11.4(b) hereof.
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Additional Term Debt means indebtedness and other obligations (including, for the avoidance of doubt, Term Hedging Obligations) of the Grantors issued or incurred following the date of this Agreement to the extent (i) such indebtedness is, or other obligations are, designated in writing to each Agent as “Additional Term Debt” by Holdings, (ii) such indebtedness or other obligation is not prohibited by the terms of the ABL Credit Agreement, the Indenture, any other Term Credit Facility Agreement or any other Additional Term Debt Agreement from being secured by Liens on the Collateral, (iii) if applicable, the Grantors have granted new Liens, on or about the closing date of such indebtedness or other obligations, on the Collateral to secure the obligations in respect of such indebtedness or other obligations and (iv) the Additional Term Agent (to the extent not already a party to this Agreement) and the Additional Term Representative, in each case, for the holders of such indebtedness or obligations, has entered into an Additional Joinder Agreement on behalf of the Term Claimholders under such agreement acknowledging that such holders shall be bound by the terms hereof applicable to Term Claimholders. “Additional Term Debt Agreement” means the indenture, credit agreement, ISDA agreement (including any Term Hedge Agreement) or other agreement under or by which any Additional Term Debt is incurred. “Additional Term Representative” means (i) each Person appointed to act as trustee, agent or representative for the holders of Additional Term Debt, and/or (ii) each Term Hedge Provider, in each case, pursuant to any Additional Term Debt Agreement for purposes other than receiving a lien on the collateral pledged as security for such Additional Term Debt. “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more intermediaries, controls or is controlled by or is under common control with the Person specified. For purposes of this definition, “control” (including, with correlative meanings, the terms “controlling,” “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. “Agent” means the ABL Agent or the Term Agent, or both, as the context requires. “Agreement” has the meaning set forth in the...
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Additional Term Debt means indebtedness of the Grantors issued or incurred following the date of this Agreement to the extent (i) such indebtedness is designated in writing to each Agent as “Additional Term Debt” by Holdings, (ii) such indebtedness is not prohibited by the terms of the ABL Credit Agreement, the Indenture, any other Term Credit Facility Agreement or any other Additional Term Debt Agreement from being secured by Liens on the Collateral, (iii) if applicable, the Grantors have granted new Liens, on or about the closing date of such indebtedness, on the Collateral to secure the obligations in respect of such indebtedness and (iv) the Additional Term Debt Agent, for the holders of such indebtedness, has entered into an Additional Joinder Agreement on behalf of the Term Claimholders under such agreement acknowledging that such holders shall be bound by the terms hereof applicable to Term Claimholders.
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Additional Term Debt means each additional incurrence or drawdown of Term Debt that, if incurred or drawn down, would result in aggregate principal amount outstanding under all Term Debt of the Company and its subsidiaries to be more than $35,000,000.
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Additional Term Debt means (a) any Incremental First Lien Term Loans (as defined in the First Lien Credit Agreement), (b) any Permitted Other First Lien Indebtedness (as defined in the First Lien Credit Agreement) which is secured by Liens on the Collateral, (c) any Incremental Second Lien Term Loans (as defined in the Second Lien Credit Agreement), (d) any Permitted Other Second Lien Indebtedness (as defined in the Second Lien Credit Agreement) which is secured by Liens on the Collateral, (e) any Indebtedness incurred pursuant to Section 7.03(t) of the ABL Credit Agreement (or any comparable basket based on incurrence conditions) which is secured by Liens on Collateral permitted by Section 7.01(ee) (or any comparable basket of the ABL Credit Agreement) and (f) any Permitted Refinancing of any other Term Debt Facility, which (in each case) shall include any Registered Equivalent Notes issued in exchange therefor and any guaranties thereof by the Grantors; provided, however, that in each case (i) such indebtedness is permitted to be incurred and, if applicable, secured and guaranteed, by each ABL Debt Document and Term Debt Document and (ii) the conditions set forth in Section 8.09(a) hereof shall have been satisfied with respect to such indebtedness and, unless the Representative for the holders of such indebtedness is already a Representative party to this Agreement, the Representative for the holders of such indebtedness shall have become party to this Agreement pursuant to Section 8.09(a) hereof. Additional Term Debt shall include any Registered Equivalent Notes and guarantees thereof by the Grantors issued in exchange therefor.
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Additional Term Debt means any indebtedness (a) that is permitted to be incurred under Section of the Indenture, and (b) that is secured by Collateral pursuant to Section [ ] of the Indenture on a pari passu basis with the Collateral securing the Notes; provided that (i) it is so designated as Additional Term Debt in an Officer’s Certificate delivered to the Term Collateral Agent and the ABL Agent and (ii) an authorized representative of the holders of such indebtedness shall have executed and delivered a Joinder Agreement and an Accession Agreement.
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Related to Additional Term Debt

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 and/or 9.02(c)(i).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Additional Term shall have the meaning set forth in Section 8.2.

  • Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans made hereunder.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Final Term Sheet means the term sheet prepared pursuant to Section 4(a) of this Agreement and substantially in the form attached in Schedule III hereto;

  • Additional Terms means any additional terms agreed in writing amending, varying or agreeing additions to these Terms;

  • Long-Term Debt means debt repayable over a period exceeding one year;

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Exit Facility Term Sheet means the Exit Facility Term Sheet attached as Exhibit 2 to Exhibit B of the Restructuring Support Agreement.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Initial Term Lender means a Lender with an Initial Term Commitment or an outstanding Initial Term Loan.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any interest period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions. All percentages used in or resulting from any calculation of Three-Month Term SOFR shall be rounded, if necessary, to the nearest one-hundred-thousandth of a percentage point, with 0.000005% rounded up to 0.00001%.

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • Additional Terms and Conditions means the terms and conditions that govern the promotion as determined by the Participating Banks (if any).

  • Additional Termination Event has the meaning specified in Section 5(b).