Borrowing Liabilities means, in relation to a member of the Group, the liabilities and obligations (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor (other than to an Arranger or a Creditor Representative) or a Debtor in respect of Liabilities arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities and obligations as a borrower under the Credit Facility Documents and liabilities and obligations as a borrower or issuer under the Pari Passu Debt Documents).
Borrowing Liabilities means, in relation to a Debtor, a member of the Group or a Security Grantor, the liabilities (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor or a Debtor in respect of Liabilities arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities as a “Borrower” (or any other term which is similar in meaning and effect) under and as defined in the Senior Finance Documents and/or the Pari Passu Debt Documents and/or the Second Lien Loan Finance Documents and/or the High Yield Loan Finance Documents and/or the Unsecured Loan Finance Documents and/or liabilities as an “Issuer” (or any other term which is similar in meaning and effect) under and as defined in the Senior Secured Notes Finance Documents and/or the Pari Passu Debt Documents and/or the Second Lien Notes Finance Documents and/or the High Yield Notes Finance Documents and/or the Unsecured Notes Finance Documents) excluding, for the avoidance of doubt, any Hedging Liabilities.
Borrowing Liabilities means, in relation to an Obligor, the liabilities (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor, or Obligor in respect of Financial Indebtedness arising under the Finance Documents (whether incurred solely or jointly).
Examples of Borrowing Liabilities in a sentence
Security Provider) and, for the purposes of Clause 9.2 (Order of Application – Debt Claim Recoveries) only, shall be deemed to include a Refinancing Obligor to the extent of its Borrowing Liabilities.
It is estimated as the sum of the items “Long-term Borrowing Liabilities “and “Short- term Borrowing Liabilities”, minus the item “Cash and cash equivalents”.
The Creditors acknowledge that the Debtors (or any of them) may wish to incur additional or modified Borrowing Liabilities, Guarantee Liabilities and/or Stream Liabilities from time to time pursuant to Clauses 21 (New Senior Facilities Liabilities or Refinancing Senior Facilities Liabilities) and 22 (New Stream Liabilities).
It is estimated as the sum of the items “Long-term Borrowing Liabilities “and “Short- term Borrowing Liabilities”, net of the item “Cash and cash equivalents”.
Partner Jurisdiction Financial Institution and has not yet obtained aGIINII.
More Definitions of Borrowing Liabilities
Borrowing Liabilities means, in relation to a member of the Group, the liabilities (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor, Operating Facility Lender or Debtor in respect of Indebtedness arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities as a "Borrower" under and as defined in the Senior Facilities Finance Documents and liabilities as "Issuer" under and as defined in the Senior Notes Finance Documents and/or the Senior Parent Notes Finance Documents).
Borrowing Liabilities means, in relation to a member of the Group, the liabilities (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor or Debtor in respect of indebtedness arising under the Debt Documents (whether incurred solely or jointly).
Borrowing Liabilities means, in relation to a Debtor, the Liabilities (not being Existing Guarantee Liabilities or Guarantee Liabilities) it may have as a principal debtor to a Participating Creditor in respect of Financial Indebtedness arising under the Finance Documents or to a Refinancing Creditor in respect of Financial Indebtedness arising under the Refinancing Documents (whether incurred solely or jointly) and including, without limitation, liabilities as a Borrower under and as defined in the Financing Agreement and liabilities as an issuer or as a borrower under any Refinancing Document.
Borrowing Liabilities means, in relation to a German Term Borrower, the liabilities and obligations (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor (other than to any Authorized Representative, in each case in its capacity as such) in respect of Indebtedness arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities and obligations as a borrower under any of the Secured Credit Documents and the Unsecured Debt Documents).
Borrowing Liabilities means, in relation to a member of the Group, the liabilities and obligations (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor (other than to a Credit Facility Arranger or a Creditor Representative) or a Debtor in respect of Liabilities arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities and obligations as a borrower under the Credit Facility Documents or the Surety Bond Facility Agreement and liabilities and obligations as a borrower or issuer under the Pari Passu Debt Documents).
Borrowing Liabilities means, in relation to a member of the NAC Obligor Group, the liabilities and obligations (not being Guarantee Liabilities) it may have as a principal debtor to a Creditor (other than to an Arranger or a Creditor Representative) or a Debtor in respect of Liabilities arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities and obligations as a borrower under the Super Senior Credit Facility Documents and liabilities and obligations as a borrower or issuer under the Pari Passu Debt Documents).
Borrowing Liabilities means, in relation to an Obligor, the liabilities and obligations (not being Guarantee Liabilities) it may have as a principal debtor to any of the Creditors or an Obligor in respect of Liabilities arising under the Debt Documents (whether incurred solely or jointly and including, without limitation, liabilities and obligations as a borrower under the Bank Finance Documents and/or the Norion Finance Documents and as an issuer under the Notes Finance Documents and/or the Subsequent Notes Finance Documents).