Assigned Indebtedness definition

Assigned Indebtedness means all obligations and indebtedness assigned to Administrative Agent under the Assignment of Liens.
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Assigned Indebtedness means the indebtedness of the Borrower (formerly known as Beauty Labs, Inc.) owing to the Assigning Lender, as evidenced by the Assigned Agreement, and all documents entered into in connection therewith.
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Assigned Indebtedness shall have the meaning given such term in the Recitals above.
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Examples of Assigned Indebtedness in a sentence

  • Notwithstanding any other provision of this Agreement, nothing specified in this Agreement shall in any way supersede, modify, replace, amend, change, rescind, waive, exceed, expand, enlarge or in any way affect the Assigned Indebtedness.

  • This Agreement is intended only to cause and effectuate the herein sale and assignment of the Assigned Indebtedness.

  • The Corporation hereby irrevocably and unconditionally consents to the sale and assignment of the Assigned Indebtedness, on the terms and subject to the conditions specified in this Agreement.

  • The Corporation hereby confirms, ratifies, and affirms, as its obligation, and shall pay or cause to be paid, when due and payable, all of the Assigned Indebtedness, on the terms and subject to the conditions specified in the Promissory Note.

  • The Assigned Indebtedness is not subject to any counter-claim, offset, or deduction by the Corporation in any manner whatsoever.

  • The Assignor is the owner of the Assigned Indebtedness and has not sold, assigned, transferred, conveyed, or otherwise disposed of the Assigned Indebtedness, or any portion thereof.

  • The Borrower shall include in its initial notice under this Section all information with respect to amounts to be funded to purchase Existing Term Loans and Assigned Indebtedness, as provided in Section 2.01.

  • Any Lender electing to accept such offer to purchase shall notify the Borrower in writing no later than 15 days from the date of receipt of such notice, and any failure to so notify the Borrower shall constitute a waiver of such Lender's right to cause the repurchase of its Assigned Indebtedness pursuant to this Section 3.10.

  • The Transaction involves the proposed investment in Guangzhou International Finance Center by Yuexiu Real Estate Investment Trust via: (1) the subscription by the Trustee (or its nominee) of the Subscription Shares; and (2) the assignment to the Trustee (or its nominee) of the Assigned Indebtedness by Yuexiu Property.

  • School Committee members did mention wanting to have the PIC in one of our newer buildings since it is many parents‟ introduction to our schools.


More Definitions of Assigned Indebtedness

Assigned Indebtedness means (a) the principal amount of any Indebtedness outstanding under the Existing Credit Agreement on the Closing Date immediately prior to consummation of the transactions contemplated hereby, to the extent that (i) such Indebtedness is held at such time by a lender under the Existing Credit Agreement that is not a party to this Agreement as a Lender and (ii) such lender shall have agreed to assign such Indebtedness to the Lenders hereunder on the Closing Date pursuant to the Assignment Agreement and (b) the principal amount of any outstanding Indebtedness represented by the Senior Notes on the Closing Date immediately prior to the consummation of the transactions contemplated hereby to the extent the holder of such Indebtedness shall have agreed to assign such Indebtedness to the Lenders hereunder (to be restated as Term Loans) on the Closing Date pursuant to the Assignment Agreement.
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Assigned Indebtedness has the meaning assigned to such term in Section 3.9.
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Assigned Indebtedness has the meaning given in Section 6.01;
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Assigned Indebtedness means the indebtedness of Next Layer to the Vendor after setting off the Rhicom/Next Layer Loan and the Cascade US/Next Layer Loan against the Next Layer/CDE Loan, such value which shall be finally determined in accordance with the provisions below. The Parties acknowledge that the amounts of the Next Layer/CDE Loan, Rhicom/Next Layer Loan and the Cascade US/Next Layer Loan are simply good faith estimates as at the Closing Date. Within fifteen (15) Business Days after the Closing Date, Xxx Xxxxxxxxx shall, acting in good faith, provide final amounts for each of the Next Layer/CDE Loan, Rhicom/Next Layer Loan, the Cascade US/Next Layer Loan and the Assigned Indebtedness which shall be final and binding (the “Final Amounts”). The Parties agree and acknowledge that if the Final Amounts are not provided within the required fifteen (15) Business Days, the Power of Attorney set out in section 10.09 will be revoked until such Final Amounts are provided.
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Assigned Indebtedness means the existing tax-exempt indebtedness of LMHS as described on Schedule I attached hereto.
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Assigned Indebtedness means the principal amount of any Indebtedness outstanding under the Existing Credit Agreement on the Closing Date immediately prior to consummation of the transactions contemplated hereby, to the extent that such Indebtedness is held at such time by a lender under the Existing Credit Agreement that is not a party to this Agreement as a Lender (it being understood that such assignment shall be deemed to have occurred on the Closing Date upon receipt of all amounts owed with respect to the Existing Credit Agreement).
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Related to Assigned Indebtedness

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

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • 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.

  • 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 Indebtedness means any Indebtedness secured by a Lien.

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of the Borrower’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of the Borrower’s business in connection with its securities transactions, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Borrower’s Investment Policies (after giving effect to any Permitted Policy Amendments), provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.

  • Pledged Indebtedness means the Indebtedness evidenced by promissory notes and instruments listed on Part B of Schedule I hereto;

  • Receivables Facility Attributed Indebtedness means the amount of obligations outstanding under a receivables purchase facility on any date of determination that would be characterized as principal if such facility were structured as a secured lending transaction rather than as a purchase.

  • 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.

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

  • Specified Indebtedness means, subject to the Schedule, any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.

  • Material Debt means Debt (except (i) Debt of the Borrower outstanding hereunder and (ii) Non-recourse Debt) of the Borrower and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, in an aggregate principal or face amount exceeding $150,000,000.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • 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:

  • Senior Secured Indebtedness means, with respect to any Person as of any date of determination, any Specified Indebtedness; provided that such Indebtedness is in each case secured by a Lien on the assets of the Issuer or its Restricted Subsidiaries on a basis pari passu with or senior to the security in favor of the Notes.

  • Attributable Receivables Indebtedness at any time means the principal amount of Indebtedness which (i) if a Permitted Receivables Facility is structured as a secured lending agreement, would constitute the principal amount of such Indebtedness or (ii) if a Permitted Receivables Facility is structured as a purchase agreement, would be outstanding at such time under the Permitted Receivables Facility if the same were structured as a secured lending agreement rather than a purchase agreement.

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.

  • Permitted Unsecured Indebtedness Indebtedness of any Loan Party (a) that is not (and any Guarantees thereof by any Loan Party are not) secured by any collateral (including the Collateral), (b) that does not mature earlier than the date that is 91 days after the Latest Maturity Date then in effect at the time of incurrence thereof and has a weighted average life to maturity no shorter than the Facility of Term Loans with the Latest Maturity Date in effect at the time of incurrence of such Indebtedness, (c) that does not provide for any amortization, mandatory prepayment, redemption or repurchase (other than upon a change of control, fundamental change, customary asset sale or event of loss mandatory offers to purchase and customary acceleration rights after an event of default and, for the avoidance of doubt, rights to convert or exchange into Capital Stock of the Borrower in the case of convertible or exchangeable Indebtedness) prior to the date that is 91 days after the Latest Maturity Date then in effect at the time of incurrence thereof, (d) that contains covenants, events of default, guarantees and other terms that are customary for similar Indebtedness in light of then-prevailing market conditions (it being understood and agreed that such Indebtedness shall not include any financial maintenance covenants and that applicable negative covenants shall be incurrence-based to the extent customary for similar Indebtedness) and, when taken as a whole (other than interest rates, rate floors, fees and optional prepayment or redemption terms), are not more favorable to the lenders or investors providing such Permitted Unsecured Indebtedness, as the case may be, than those set forth in the Loan Documents are with respect to the Lenders (other than covenants or other provisions applicable only to periods after the Latest Maturity Date then in effect at the time of incurrence thereof); provided that a certificate of a Responsible Officer delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness or the modification, refinancing, refunding, renewal or extension thereof (or such shorter period of time as may reasonably be agreed by the Administrative Agent), together with a reasonably detailed description of the material terms and conditions of such resulting Indebtedness or drafts of the material definitive documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirements shall be conclusive, and (e) that is not guaranteed by any Person other than on an unsecured basis by the Borrower and/or Restricted Subsidiaries that are Loan Parties.

  • Consolidated Secured Indebtedness means, as of any date of determination, Consolidated Total Debt that is secured by a Lien on any assets of Borrower and its Subsidiaries.

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Permitted Purchase Money Indebtedness means, as of any date of determination, Purchase Money Indebtedness incurred after the Closing Date in an aggregate principal amount outstanding at any one time not in excess of $1,000,000.

  • Consolidated Senior Secured Indebtedness means, as of any date of determination, Consolidated Total Indebtedness as of such date that is not subordinated in right of payment to the Secured Obligations and is secured by a Lien on the Collateral securing the Loan Document Obligations.

  • 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).

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