Debt Balance definition

Debt Balance is defined in Section B of Annex B.

Debt Balance means 110% of the principal amount of the Outstanding Notes.

Debt Balance means 110% of the principal amount of the Outstanding Securities.

Examples of Debt Balance in a sentence

• The Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Borrowing Base.

• After the Restatement Effective Date, the Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Borrowing Base.

• The Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Collateral Base.

• After the Effective Date, the Borrower will not permit the aggregate Value of the Eligible Portfolio Investments that can be converted to Cash in fewer than 10 Business Days without more than a 5% change in price to be less than 10% of the Covered Debt Amount for more than 30 Business Days during any period when (x) the Adjusted Covered Debt Balance is greater than 90% of the Adjusted Borrowing Base and (y) the Consolidated Asset Coverage Ratio is less than 160%.

• Sr. Debt Balance Yes Yes Yes Debt amount ranking senior to the Loans.

More Definitions of Debt Balance

Debt Balance means the positive balance, if any, of Debt of the Company Group on a consolidated basis, calculated as of the Closing Date immediately after giving effect to the Transactions (including the making of the payments set

Debt Balance means the balance due under all indebtedness of Target, Target Subsidiaries and Retail Entities at the Effective Time, including but not limited to accrued but unpaid interest, and incurred but unpaid prepayment premiums. The Debt Balance does not include the Exchange Properties Indebtedness, as this shall be an obligation of NPI at the Effective Time.

Debt Balance means 110% of the aggregate Original Amount of all Equipment Notes outstanding, from time to time;

Debt Balance has the meaning set forth in Section B of Annex C to the Security Agreement.

Debt Balance is amended and restated to read as follows:

Debt Balance means 110% of the principal amount of the Outstanding Notes. Collateral Maintenance Agreement

Debt Balance means the aggregate amount as at the close of business of the Closing Date of (i) all debt including outstanding borrowing, bank loans, overdrafts, bonds, other loans, finance leases, shareholder loans, related party payables, (ii) factoring balances owed by the Company to third parties and owed by third parties to the Company including for the purposes of this definition, Intercompany Payables and the Intercompany Receivables, (iii) accounts payable and (iv) debt-like items, including but not limited to current and accrued (income) tax liabilities and deferred wage taxes (Loonheffing), relating to events occurring or periods or portions thereof ending on or prior to the Closing Date, in each case including any accrued interest thereon, to be included in the line items set out in the Net Debt Statement under the heading “Debt”, and calculated in accordance with Schedule 3 (Establishment of the Purchase Price)