Continuing Indebtedness definition

Continuing Indebtedness means all Indebtedness evidenced by or owing pursuant to that certain Amended and Restated Loan Agreement, dated as of February 20, 2003, by and among the Company, U.S. Bank National Association and Xxxxxx Trust and Savings Bank, as lenders, and U.S. Bank National Association, as agent (as amended up to the Closing Date).

Continuing Indebtedness has the meaning specified in Section 4.10(a).

Continuing Indebtedness means financial indebtedness of the ChiRex Group identified on Schedule 8, and in each case all interest and other amounts accrued thereon during or for the interest period current at any date of determination, each such item of financial indebtedness being evidenced by its related agreement, deed or other instrument in the form in existence on the date of this Agreement, subject to such changes therein and refinancings thereof as do not materially prejudice the interests of the Finance Parties under or in connection with the Finance Documents;

Examples of Continuing Indebtedness in a sentence

• On the Closing Date after giving effect to the Transactions, no default or event of default has occurred and is continuing with respect to any Continuing Indebtedness.

• The purchase price (the “Purchase Price”) shall be (i) $114,566,000 less the Continuing Indebtedness Outstanding and the Debt to be Repaid, plus (ii) an amount equal to the Retained Cash plus (iii) an amount (which amount may be positive or negative) (the “Adjustment Amount”) equal to the Closing Date Modified Working Capital (as defined in Section 2.5(b)) minus the Reference Modified Working Capital (as defined in Section 2.5(a)).

• From the date hereof until the Closing, Seller and the Company shall, and shall cause each ACFP Company to, on the one hand, and Buyer shall, and shall cause each of its Subsidiaries, on the other hand, to use commercially reasonable best efforts to assist the other party and its Affiliates in connection with amending the terms related to the ACFP Continuing Indebtedness in accordance with the Consent Letter.

• If Seller fails to deliver the Statement of Objections before the expiration of the Review Period, the Closing Statement and the calculations of Cash, ACFP Continuing Indebtedness and Net Indebtedness Amount reflected in the Closing Statement shall be deemed to have been accepted by Seller.

• In the course of preparing the Monthly Servicer's Report, the Servicer shall seek direction from the Issuer as to remittance of the funds to be paid to the Issuer after all other distributions in accordance with the Indenture and the applicable Series Supplement.

More Definitions of Continuing Indebtedness

Continuing Indebtedness has the meaning specified in Section 5.8(a).

Continuing Indebtedness means up to $7,000,000 of capital leases of the Company and any of the Company’s existing 9 1/4% senior secured notes due 2009 and Parent Guarantor’s existing 12 1/2% senior discount notes due 2010 that are not tendered into the Tender Offer and Consent Solicitation.

Continuing Indebtedness the Existing Term Loans and the Existing Credit-Linked Deposits.

Continuing Indebtedness is defined in Section 1.3(b).

Continuing Indebtedness shall have the meaning set forth in

Continuing Indebtedness. Any Indebtedness (i) consisting of letters of credit issued to support workers' compensation obligations or lease obligations, (ii) consisting of capitalized leases, (iii) consisting of the Unfunded POS Price, (iv) consisting of the Unfunded Capital Expenditure Amount or (v) secured by mortgages held by General Electric Capital Business Asset Funding Corporation or any of its Affiliates on Owned Real Property located at 000 Xxxxx Xxxxx Xxxx, Xxxxxxx, Xxxxxxxxx 00000 and 0000 Xxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxxx 00000.

Continuing Indebtedness means, with respect to the Companies and the Subsidiary, the Indebtedness listed on Schedule 1.1(a).