Debt Raising definition

Debt Raising means, in respect of any person, any Financial Indebtedness of or guaranteed by that person:
View Source
Debt Raising. ’ means any raising of Debt, including the Notes, in any public or private loan or debt capital markets (including any equity-linked instrument or other hybrid product) and including by way of private placement that is intended to provide the Issuer with additional funds to enable the Issuer to pay, or otherwise finance, amounts required to repurchase, or make payments in respect of, the 2012 Bonds;
View Source
Debt Raising means the raising of debt by: (A) any issue, sale or public offering of any public or private bond, convertible bond, note, debenture or other capital market issue; or (B) the borrowing of money under any bank facility, whether syndicated or bilateral, and including (without limitation) under the Take-Out Facility (but excluding under the renewal or refinancing of any bank facilities existing as at the date of the Agreement provided that the principal amounts of such facilities are not increased);
View Source

Examples of Debt Raising in a sentence

  • For so long as any Notes remain outstanding, the Company shall notify each Noteholder in writing (a Debt ROFO Notice) if it or any member of the Group proposes to or is considering a proposal to issue, incur or raise any Finance Debt (other than Finance Debt of the kind referred to in paragraphs (a) or (d) of that definition arising in the ordinary course of trading) (New Debt Raising) and shall include in such notice any outline terms of the New Debt Raising.

  • The Company shall procure that any Debt Raising Proceeds received by any member of the Group are applied in prepayment (and, to the extent applicable, cancellation) of the Facilities in accordance with Clause 11.6 (Application of prepayments).

  • Credit Facility cause the Company to execute the First Credit Facility and to pay to Shurgard the Debt Raising Fee 1 and take all actions required under the First Credit Facility.


More Definitions of Debt Raising

Debt Raising means any raising of Financial Indebtedness in any public or private loan or debt capital markets (including any equity-linked instrument or other hybrid product).
View Source

Related to Debt Raising

  • Public Debt Rating means, as of any date, the rating that has been most recently announced by any of S&P or Moody’s, as the case may be, for any class of non-credit enhanced long-term senior unsecured debt issued by TMCC or, if any such rating agency shall have issued more than one such rating, the lowest such rating issued by such rating agency. For purposes of the foregoing, (a) if only one of S&P and Moody’s shall have in effect a Public Debt Rating, the Applicable Maximum Rate and the Applicable Percentage shall be determined by reference to the available rating; (b) if neither of S&P or Moody’s shall have in effect a Public Debt Rating, the Applicable Maximum Rate and the Applicable Percentage will be set in accordance with Level 4 under the definitions of “Applicable Maximum Rate” and “Applicable Percentage”; (c) if both S&P and Moody’s have established ratings and those ratings shall fall within two different levels, the Applicable Maximum Rate and the Applicable Percentage shall be based upon the higher rating, unless the lower rating is more than one level below the higher rating, in which case the Applicable Maximum Rate and the Applicable Percentage shall be based upon the rating that is one level lower than the higher rating; (d) if any rating established by S&P or Moody’s shall be changed, such change shall be effective as of the date on which such change is first announced publicly by the rating agency making such change; and (e) if S&P or Moody’s shall change the basis or system on which ratings are established, each reference to the Public Debt Rating announced by S&P or Moody’s, as the case may be, shall refer to the then equivalent rating by S&P or Moody’s, as the case may be.

  • Debt Ratio means “Total borrowings (include current & non-current borrowings” divided by “Total Equity (exclude non-controlling interests)”.

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Debt Repayment means the repayment, prepayment, repurchase or defeasance of the Indebtedness of the Borrower under the Indebtedness that is identified on Schedule 1.1(g) to the Original Credit Agreement and that is repaid, prepaid, repurchased or defeased on the Original Closing Date (or such later date as may be necessary to effect the Debt Repayment in accordance with the tender offers therefor).

  • Debt Issuance means the issuance by any Loan Party or any Subsidiary of any Indebtedness other than Indebtedness permitted under Section 8.03.