Corresponding Debt definition

Corresponding Debt means any amount, other than any Parallel Debt, which an Obligor owes to a Secured Party under or in connection with the Finance Documents.

Corresponding Debt has the meaning assigned to such term in Section 9.21.

Corresponding Debt means all Obligations which any Credit Party owes to any Secured Party and (ii) “Parallel Debt” means any amount which a Credit Party owes to the Collateral Agent under this Section 10.26.

Examples of Corresponding Debt in a sentence

Each Obligor irrevocably and unconditionally undertakes to pay to the Security Agent its Parallel Debt which shall be amounts equal to, and in the currency or currencies of, its Corresponding Debt.

Corresponding Debt as defined in Section 10.30(b) and Section 10.32, as applicable.

Corresponding Debt has the meaning specified in Section 9.12.

Corresponding Debt means, in respect of a Loan Party, its Foreign Corresponding Debt or its U.S. Corresponding Debt.

Corresponding Debt means the Obligations.

Corresponding Debt means any amount which a Borrower owes to a Creditor Party under or in connection with the Finance Documents;

Corresponding Debt shall have the meaning provided in Section 13.22.

Corresponding Debt shall have the meaning set forth in Section 2.22(b).