Examples of Borrowed Indebtedness in a sentence
The Borrower Parties shall maintain Hedging Obligations on a notional amount of Total Liabilities in respect of Borrowed Indebtedness so that such notional amount, when added to the aggregate principal amount of such Total Liabilities which bears interest at a fixed rate, equals or exceeds 65% of the aggregate principal amount of all Total Liabilities in respect of Borrowed Indebtedness.
The purchase price (the "Purchase Price") shall be the value of the Underlying Shares, which shall be the greater of (a) their Determined Value or (b) the Applicable Percentage applied to the remainder of the product of five times the Company's EBITDA minus its Borrowed Indebtedness plus its cash and cash equivalents.
The aggregate outstanding Borrowed Indebtedness, and the aggregate cash and cash equivalents, of Parent and its Subsidiaries as of March 31, 2014 is set forth in Section 6.24 of the Parent Disclosure Letter.
Schedule 4.25 of the Company Disclosure Letter sets forth the (a) outstanding principal amount of all of the Borrowed Indebtedness, as of the date hereof, of the Group Companies and (b) amount of all of the outstanding Indebtedness, as of the date hereof, of the Group Companies, other than Borrowed Indebtedness.
The aggregate outstanding Borrowed Indebtedness, and the aggregate cash and cash equivalents, of the Companies as of March 31, 2015 is set forth in Section 5.9 of the Seller Disclosure Letter (except as noted therein).