Amount of Indebtedness definition

Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2008 was $1.231 billion. The amount of First Mortgage Bonds issuable by Borrower is limited to a maximum of $1.5 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Mortgage.
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Amount of Indebtedness. The aggregate principal amount of Idaho Power Company First Mortgage Bonds outstanding as of December 31, 2006 was $951.1 million. The amount of First Mortgage Bonds issuable by Borrower, giving effect to the Forty-second Supplemental Indenture, is limited to a maximum of $1.5 billion, but subject to increase at any time and may be further limited by property, earnings and other provisions of the Mortgage. Idaho Power Company 1000 Xxxx Xxxxx Xxxxxx X.X. Xxx 00 Xxxxx, Xxxxx 00000 Attention: Sxxxxx X. Xxxx, Vice President and Treasurer Telephone: 200-000-0000 Fax: 200-000-0000 Email: sxxxx@xxxxxxxxxx.xxx Wachovia Bank, National Association 200 X. Xxxxxxx Xx., XX−0 Xxxxxxxxx, XX 00000−0680 Attention: Syndication Agency Services Telephone: 700-000-0000 Fax: 700-000-0000 Wachovia Bank, National Association 300 Xxxxx Xxxxxxx Xx., 0xx Xxxxx Xxxxxxxxx, XX 00000 Attention: Hxxx Xxxxxxxxxx, Director Telephone: 700-000-0000 Fax: 700-000-0000 Email: hxxx.xxxxxxxxxx@xxxxxxxx.xxx EXHIBIT A FORM OF OPINION The Administrative Agent, the LC Issuers and the Lenders that are are parties to the Credit Agreement described below. Gentlemen/Ladies: I am counsel for Idaho Power Company, an Idaho corporation (the “Borrower”), and have represented the Borrower in connection with its execution and delivery of an Amended and Restated Credit Agreement dated as of Apri1 25, 2007 (the “Credit Agreement”) among the Borrower, the Lenders named therein, and Wachovia Bank, National Association, as Administrative Agent and as LC Issuer, and providing for Credit Extensions in an aggregate principal amount not exceeding $300,000,000 at any one time outstanding. All capitalized terms used in this opinion and not otherwise defined herein shall have the meanings attributed to them in the Credit Agreement. I have examined the Borrower’s Articles of Incorporation and By-Laws, the Loan Documents and such other matters of fact and law which I deem necessary in order to render this opinion. Based upon the foregoing, it is our opinion that:
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Examples of Amount of Indebtedness in a sentence

  • Ltd., which is wholly-owned by Ascendas Land (Singapore) Pte Ltd (“ALS”), a direct wholly-owned subsidiary of APL.Pursuant to the Option Agreement, the Trustee and the Vendor are required to enter into a sale and purchase agreement for the Property (the “Purchase Agreement”) on the day the Call Option (as defined herein) is exercised by the Trustee, or on the day the Put Option (as defined herein) is exercised by the Vendor (as the case may be).

  • Value Shares ------------ -------- ------------ ----- --------- Part B Debt Issuer Amount of Indebtedness ----------- ---------------------- SCHEDULE II PLEDGE AMENDMENT This Pledge Amendment, dated ____________, _____, is delivered pursuant to Section 6(b) of the Subsidiary Pledge Agreement referred to below.

  • Borrower and Borrower agree promptly upon the effectiveness of the assignments described in Preliminary Statement (4), to prepay the Outstanding Amount of Indebtedness under this Agreement to an amount not to exceed $75,000,000 (the amount of such prepayment herein called the “Closing Date Prepayment Amount”).

  • The following decreases/increases in the principal amount of indebtedness evidenced by this Note have been made: Date of Decrease/Increase Decrease in Principal Amount of Indebtedness Evidenced Increase in Principal Amount of Indebtedness Evidenced Total Principal Amount of Indebtedness Evidenced Following Such Decrease/Increase Notation Made by or on Behalf of Trustee [MTW Foodservice Escrow Corp.

  • Amount of Indebtedness Proposed to be Authorized and Method of Repayment The Board has resolved that the District issue general obligation bonds, notes, or other obligations, in an aggregate principal amount not to exceed $22,000,000 and enter into certain long-term contracts for the object and purpose of financing the costs of the Project, costs of issuance, and the funding of any reserves deemed necessary or desirable by the Board (collectively, the Project Financing”).

  • Value Shares ------------ ----- ----------- ----- ------ Part B Debt Issuer Amount of Indebtedness SCHEDULE II PLEDGE AMENDMENT This Pledge Amendment, dated ____________, ____, is delivered pursuant to Section 6(b) of the Pledge Agreement referred to below.

  • Value Shares Relevant Class ------- ------------ -------- ------------ ----- --------- -------------- Part B Pledgor Debt Issuer Amount of Indebtedness ------- ----------- ---------------------- Schedule I-1 SCHEDULE II PLEDGE AMENDMENT This Pledge Amendment, dated ____________, _____, is delivered pursuant to SECTION 6(b) of the Pledge Agreement referred to below.

  • The Regional Director notifies fishing vessel owners or operators engaged in the surf clam fishery concerning the allowable combinations of fishing periods for varying levels of allowable fishing time.

  • The Amount of Indebtedness in effect will accrue ordinary interest monthly, which will be calculated to the last day of each Interest Calculation Period at the rate obtained from adding 2.5 (two point five) percentage points to the CETES Rate.

  • Value Shares ------------ -------- ------------ ----- ----------- [Save-It Discount Foods Corporation Common 1 No Par 1,000]1 [None.]2 Part B Debt Issuer Amount of Indebtedness ----------- ---------------------- Dominick's Finer Foods, Inc.

Related to Amount of Indebtedness

  • Outstanding Indebtedness means the aggregate of the Loan and interest accrued and accruing thereon, the Master Swap Agreement Liabilities, the Expenses and all other sums of money from time to time owing by the Borrowers to the Mortgagee and/or any of the Secured Creditors, whether actually or contingently, present or future, under or pursuant to the Loan Agreement, the Master Swap Agreement, the Security Documents or any of them;

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Attributable Indebtedness means, on any date, (a) in respect of any capital lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a capital lease.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Credit Facility Indebtedness means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Consolidated Outstanding Indebtedness means, as of any date of determination, without duplication, the sum of (a) all Indebtedness of the Consolidated Group outstanding at such date, determined on a consolidated basis in accordance with GAAP (whether recourse or non-recourse), plus, without duplication, (b) the applicable Consolidated Group Pro Rata Share of any Indebtedness of each Investment Affiliate other than Indebtedness of such Investment Affiliate to a member of the Consolidated Group.

  • Acquisition Indebtedness means any Indebtedness of the Loan Parties that has been issued for the purpose of financing, in part, the acquisition of an Acquired Entity or Business.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Outstanding Debt means all the amounts, as adjusted from time to time, outstanding to the members of the CoC who will give their consent for approval of the Resolution Plan of the Successful Resolution Applicant, and as such amount is mentioned in the Information Memorandum.

  • Net Indebtedness means, as of any date, (i) the amount of outstanding Indebtedness of the Company and its consolidated subsidiaries as of such date, minus (ii) the amount of cash and cash equivalents of the Company and its consolidated subsidiaries as of such date minus (iii) loans by the Company and its consolidated subsidiaries to its Partners or Affiliates thereof as of such date.

  • Estimated Indebtedness has the meaning set forth in Section 2.4(a).

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • 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.

  • Secured Longer-Term Indebtedness means, as at any date, Indebtedness for borrowed money (other than Indebtedness hereunder) of the Borrower (which may be Guaranteed by Subsidiary Guarantors) that (a) has no amortization (other than for amortization in an amount not greater than 1% of the aggregate initial principal amount of such Indebtedness per annum (or an amount in excess of 1% of the aggregate initial principal amount of such Indebtedness per annum on terms mutually agreeable to the Borrower and the Required Lenders)) or mandatory redemption, repurchase or prepayment prior to, and a final maturity date not earlier than, six months after the Maturity Date; (b) is incurred pursuant to documentation containing (i) financial covenants, covenants governing the borrowing base, if any, covenants regarding portfolio valuations, and events of default that are no more restrictive in any respect than those set forth in this Agreement (other than, if such Indebtedness is governed by a customary indenture or similar instrument, events of default that are customary in indentures or similar instruments and that have no analogous provisions in this Agreement or credit agreements generally) (provided that, upon the Borrower’s request, this Agreement will be deemed to be automatically amended (and, upon the request of the Administrative Agent or the Required Lenders, the Borrower and the Lenders shall enter into a document evidencing such amendment), mutatis mutandis, to make such covenants more restrictive in this Agreement as may be necessary to meet the requirements of this clause (b)(i)) and (ii) other terms (other than interest and any commitment or related fees) that are no more restrictive in any material respect than those set forth in this Agreement; and (c) ranks pari passu with the obligations under this Agreement and is not secured by any assets of any Person other than any assets of any Obligor pursuant to the Security Documents and the holders of which, or the agent, trustee or representative of such holders on behalf of and for the benefit of such holders, have agreed to be bound by the provisions of the Security Documents in a manner reasonably satisfactory to the Administrative Agent and the Collateral Agent. For the avoidance of doubt, (a) Secured Longer-Term Indebtedness shall also include any refinancing, refunding, renewal or extension of any Secured Longer-Term Indebtedness so long as such refinanced, refunded, renewed or extended Indebtedness continues to satisfy the requirements of this definition and (b) any payment on account of Secured Longer-Term Indebtedness shall be subject to Section 6.12.

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

  • Unsecured Longer-Term Indebtedness means any Indebtedness for borrowed money of an Obligor that (a) has no amortization, or mandatory redemption, repurchase or prepayment prior to, and a final maturity date not earlier than, six months after the Maturity Date (it being understood that customary put rights or repurchase or redemption obligations (x) in the case of convertible securities, in connection with the suspension or delisting of the capital stock of the Borrower or the failure of the Borrower to satisfy a continued listing rule with respect to its capital stock or (y) arising out of circumstances that would constitute a “fundamental change” (as such term is customarily defined in convertible note offerings) or be Events of Default under this Agreement shall not be deemed to be “amortization”, “mandatory redemption”, “repurchase”, “prepayment” or a “final maturity date” for purposes of this definition), (b) is incurred pursuant to documentation containing financial covenants, covenants governing the borrowing base, if any, and portfolio valuation, and events of default that are no more restrictive than those set forth in this Agreement, and other terms substantially comparable to market terms for substantially similar debt of other similarly situated borrowers as reasonably determined in good faith by the Borrower (it being understood that customary put rights or repurchase or redemption obligations (x) in the case of convertible securities, in connection with the suspension or delisting of the capital stock of the Borrower or the failure of the Borrower to satisfy a continued listing rule with respect to its capital stock or (y) arising out of circumstances that would constitute a “fundamental change” (as such term is customarily defined in convertible note offerings) or be Events of Default under this Agreement shall not be deemed to be more restrictive for purposes of this definition), and (c) is not secured by any assets of any Obligor. For the avoidance of doubt, (a) Unsecured Longer-Term Indebtedness shall also include any refinancing, refunding, renewal or extension of any Unsecured Longer-Term Indebtedness so long as such refinanced, refunded, renewed or extended Indebtedness continues to satisfy the requirements of this definition and (b) any payment on account of Unsecured Longer-Term Indebtedness shall be subject to Section 6.12.

  • Final Indebtedness has the meaning set forth in Section 3.2(b).

  • Convertible Indebtedness means Indebtedness of the Parent that is convertible into common Equity Interests of the Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests).

  • 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.

  • Permitted Subordinated Indebtedness means Indebtedness incurred after the Closing Date by the Borrower or the Subsidiaries that is (i) subordinated to the Obligations and all other Indebtedness owing from the Borrower or the Subsidiaries to the Lender pursuant to a written subordination agreement satisfactory to the Lender in its sole discretion and (ii) in an amount and on terms approved by the Lender in its sole discretion.

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Designated Indebtedness has the meaning assigned to such term in the Guarantee and Security Agreement.