Affiliated Debt definition

Affiliated Debt has the meaning set forth in Section 12.5.
Affiliated Debt has the meaning specified in Section 23.8.
Affiliated Debt has the meaning assigned to such term in Section 9.05.

Examples of Affiliated Debt in a sentence

  • If Borrower or any other Loan Party is now or hereafter becomes indebted to one or more Guarantors (such indebtedness and all interest thereon is referred to as the “Affiliated Debt”), such Affiliated Debt shall be subordinate in all respects to the full payment and performance of the Obligations, and no Guarantor shall be entitled to enforce or receive payment with respect to any Affiliated Debt until the Release Date.

  • If, for any reason, any Loan Party is now or hereafter becomes indebted to Guarantor for debt for borrowed money (such indebtedness and all interest thereon being referred to as the “Affiliated Debt”), such Affiliated Debt shall, at all times be subordinate in all respects to the full payment and performance of the Obligations by such Loan Party, and the Guarantor shall not be entitled to enforce or receive payment thereof until all of the Obligations have been fully paid and performed by the Borrower.


More Definitions of Affiliated Debt

Affiliated Debt means any debt between the Company and/or the Subsidiaries and any Seller and/or any Seller Affiliates.
Affiliated Debt means the principal amount of, and all accrued interest, expenses, fees, commissions, and other amounts owed or payable in respect of Indebtedness (as defined herein) or other obligations owed or payable by the Companies to Pentland Group plc and its subsidiaries, including Pentland Management Services, Ltd., Asco Group Limited, Asco Investments, Asco General Supplies Hong Kong (1972) Limited, Asco General Supplies (Far East) Limited ("Asco General") and Xxxxxx Products Hong Kong (1985) Limited ("Xxxxxx (HK)") and/or to any of their respective lenders or providers of Indebtedness.
Affiliated Debt means the total debt of the Lessee owed to affiliates of the Lessee, and “Equity” shall mean the shareholders’ equity in the Lessee, each as defined by International Financial Reporting Standards. AFFILIATE TRANSACTIONS

Related to Affiliated Debt

  • Affiliated Debt Fund means any Affiliated Lender that is a bona fide diversified debt fund primarily engaged in, or that advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course.

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Consolidated Debt means, at any date, the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Affiliated Lender Cap has the meaning assigned to such term in Section 9.05(g)(iv).

  • Permitted Indebtedness means, without duplication, each of the following: