Debt Transaction definition

Debt Transaction means, with respect to the Borrower or any of its Subsidiaries, any sale, issuance, placement, assumption or guaranty of Funded Debt, whether or not evidenced by a promissory note or other written evidence of Indebtedness, except for Funded Debt permitted to be incurred pursuant to Section 8.1.
Debt Transaction means, with respect to Parent or any consolidated Subsidiary, any sale, issuance, placement, assumption or guaranty of funded Indebtedness (other than pursuant to this Agreement), whether or not evidenced by a promissory note or other written evidence of Indebtedness, other than Permitted Indebtedness.
Debt Transaction means, with respect to any member of the Consolidated Group, any sale, issuance or placement of Subordinated Debt permitted by Section 8.1.

Examples of Debt Transaction in a sentence

  • The Borrower shall make prepayment of the Term Loans immediately in an amount equal to one hundred percent (100%) of the Net Cash Proceeds received by the Borrower or any Subsidiary in connection with any Debt Transaction.


More Definitions of Debt Transaction

Debt Transaction means, with respect to the Borrower or any of its Restricted Subsidiaries, any sale, issuance, placement, assumption or guaranty of Funded Debt, whether or not evidenced by a promissory note or other written evidence of Indebtedness, except for Funded Debt permitted to be incurred pursuant to Section 8.1.
Debt Transaction means any transaction by which a Standstill Party directly or indirectly makes any loan or extends any credit to any Protected Party or otherwise becomes an obligee or holds or is a beneficiary of any Debt Obligation of any Protected Party (other than the Telenor Service Obligation Agreement).
Debt Transaction means, with respect to the Company or any of its Subsidiaries, any sale, issuance, placement, assumption or Guarantee of Indebtedness (other than Indebtedness permitted under Section 8.1), whether or not evidenced by a promissory note or other written evidence of such Indebtedness.
Debt Transaction means a transaction in which a person that has applied for or holds a casino license or holding company or affiliate that has control of the applicant or holder of the casino license, acquires debt, including, but not limited to, bank financing, private debt offerings, or any other transaction that results in a change of encumbrance of more than 1% in capitalization or debt-to-equity ratio of the licensee, applicant, holding company, or affiliate of the applicant or holder of the casino license.
Debt Transaction means any transaction by which a Shareholder or any of its Affiliates directly or indirectly acquires any Debt Obligation of any Group Company, or any interest therein.
Debt Transaction shall have the meaning set forth in Section 5.4(b).
Debt Transaction means, other than the Liquidity Facility which ---------------- shall not be included within this definition, with respect to any member of the Consolidated Group, any sale, issuance or placement of Funded Debt, whether or not evidenced by promissory note or other written evidence of indebtedness.