Description of Indebtedness definition

Description of Indebtedness means a sufficiently detailed description of the proposed debt issuance. It must include the following information:
Sample 1Sample 2Sample 3
Description of Indebtedness and "The Transactions--The Combination" in the Offering Memorandum, insofar as such statements constitute a summary of legal matters, documents or proceedings referred to therein, are correct in all material respects.
Sample 1Sample 2
Description of Indebtedness and "Share Eligible For Future Sale" in the Prospectus, insofar as such statements constitute a summary of the legal matters, documents or proceedings referred to therein, provide a fair and accurate summary of such legal matters, documents and proceedings;
Sample 1

Examples of Description of Indebtedness in a sentence

  • See “- Description of Indebtedness – Starwood Loan.” Jonesboro Property The Social Security Administration, or SSA, is currently occupying 100% of this 16,439 square foot building at 1809 LaTourette Drive, Jonesboro, Arkansas 72404, or the Jonesboro Property.

  • See "Description of Indebtedness." In addition, reflects an adjustment of $8,980 related to an escrow designated for tenant allowance, lease commission and capital expenditure purposes.

  • A: The distribution is subject to a number of conditions, including, among others, the Securities and Exchange Commission (the "SEC") declaring effective the registration statement of which this information statement forms a part and the Senior Secured Credit Facility and Subordinated Revolving Credit Facility described in "Description of Indebtedness" being in full force and effect and funds being available thereunder on the distribution date.

  • See “- Description of Indebtedness – Starwood Loan.” Lorain Property The SSA is currently occupying 100% of this 11,607 rentable square foot building, with a 45-space parking lot, located at 221 West 5 th Street, Lorain, Ohio 44052, or the Lorain Property.

  • See “- Description of Indebtedness – Park Sterling Loan.” Johnson City Property The Federal Bureau of Investigation, or FBI, is currently occupying 100% of this 10,115 square foot building, located at 2620 Knob Creek Road, Johnson City, Tennessee 37604, or the Johnson City Property.

  • See “- Description of Indebtedness – Montgomery Coastal Bank Loan.”San Antonio Property ICE occupies 100% of the 38,756 square foot building at 1015 Jackson Keller Road, San Antonio, TX 78213 or the San Antonio Property.

  • See “- Description of Indebtedness – CorAmerica Loans.” Lawton Property SSA occupies 100% of the 9,298 square foot building at 1610 SW Lee Boulevard, Lawton, OK 73501, or the Lawton Property.

  • See “- Description of Indebtedness – Park Sterling Loan.” Fort Smith Property The U.S. Citizenship and Immigration Services, or CIS, is the occupant of this 13,848 square foot building, with 51 parking spaces, located at 4624 Kelley Highway, Ft. Smith, Arkansas 72904, or the Fort Smith Property.

  • See “- Description of Indebtedness – NBC Bank Loan.”Owned Properties Lakewood Property The United States Department of Transportation occupies 100% of this 19,241 square foot property (two buildings totaling 21,022 gross square feet; 19,709 sq.

  • See “- Description of Indebtedness – Silt Coastal Bank Loan.” Lakewood Property The United States Department of Transportation occupies 100% of this 19,241 square foot property (two buildings totaling 21,022 gross square feet; 19,709 sq.


More Definitions of Description of Indebtedness

Description of Indebtedness. Shares Eligible for Future Sale," "Underwriting" and "Material U.S. Federal Income Tax Considerations for Non-U.S. Holders of our Common Stock," insofar as they purport to describe the provisions of the laws and documents referred to therein, are accurate and fair in all material respects;
Sample 1
Description of Indebtedness. Description of Capital Stock" and "Material U.S. Federal Tax Considerations for Non-U.S. Holders of Our Common Stock" (insofar as such statements purport to summarize certain U.S. federal income tax consequences with respect to an investment in the Stock), fairly summarize, in all material respects, the matters therein described.
Sample 1
Description of Indebtedness. The Acquisition," "The Transactions--The Acquisition" and "The Business--Litigation" in the Offering Memorandum, insofar as such statements constitute a summary of legal matters, documents or proceedings referred to therein, are correct in all material respects.
Sample 1
Description of Indebtedness and (T) "Description of Capital Stock," to the extent that each purports to constitute a summary of law or regulations, the contracts specified therein or the Company's Certificate of Incorporation and Bylaws or, in any case, legal conclusions with respect thereto, have been reviewed by such counsel and fairly summarize, in all material respects, the matters described therein;
Sample 1
Description of Indebtedness. ; "Description of Capital Stock"; "Description of Business--FCC Licenses"; "Description of Business--Environmental Matters"; "Description of Business--Legal Proceedings"; " Description of Capital Stock"; "Description of Indebtedness"; "Description of Business--Recent Developments"; "Description of the Series A Preferred Stock and Exchange Notes"; "Certain Material U.S. Federal Income Tax Consequences"; "ERISA Considerations"; and the statements contained in the Company's Annual Report on Form 10-K for the fiscal year ended December 29, 2002 under the captions "Executive Compensation--Employment Agreement and Arrangements"; "Executive Compensation--Stock Plans"; "Executive Compensation--401(K) Plan"; and "Executive Compensation--Limitation on Directors' and Officers' Liability"; insofar as they describe contracts, agreements or other legal documents or they describe federal statutes, rules and regulations, constitute a fair summary thereof;
Sample 1
Description of Indebtedness and "Description of Capital Stock" and in Part II of the Registration Statement under the caption "Indemnification of Directors and Officers" to the extent that it constitutes matters of law or legal conclusions, has been reviewed by such counsel and is an accurate and fair summary of such matters and conclusions.
Sample 1

Related to Description of Indebtedness

  • Total Consolidated Indebtedness means, at any date of determination, an amount equal to the aggregate amount of all Indebtedness of the Company and the Restricted Subsidiaries outstanding as of the date of determination.

  • Permitted Subordinated Indebtedness means Indebtedness incurred after the Closing Date by the Borrower or the Subsidiaries that is (i) subordinated to the Obligations and all other Indebtedness owing from the Borrower or the Subsidiaries to the Lender pursuant to a written subordination agreement satisfactory to the Lender in its sole discretion and (ii) in an amount and on terms approved by the Lender in its sole discretion.

  • Acquisition Indebtedness means any Indebtedness of the Loan Parties that has been issued for the purpose of financing, in part, the acquisition of an Acquired Entity or Business.

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Permitted Subsidiary Indebtedness means any of the following:

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Permitted Existing Indebtedness means the Indebtedness of the Company and its Subsidiaries identified as such on Schedule 1.1.1 to this Agreement.

  • Permitted Indebtedness means, without duplication, each of the following:

  • Series of Priority Lien Debt means, severally, the Indebtedness outstanding under the Credit Agreement and any other Credit Facility that constitutes Priority Lien Debt.

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Consolidated Senior Secured Net Debt means, as of any date of determination, “Consolidated Total Net Debt” outstanding on such date that is secured by a first priority Lien on the assets of the Lead Borrower and its Restricted Subsidiaries.

  • Closing Indebtedness means the aggregate amount of all Indebtedness of the Company and its Subsidiaries as of immediately prior, and without giving effect to, the Closing.

  • Unrestricted Subsidiary Indebtedness of any Unrestricted Subsidiary means Indebtedness of such Unrestricted Subsidiary

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Permitted Subordinated Debt means Indebtedness incurred by Credit Parties; provided that (i) such Indebtedness shall be subordinated in right of payment to the payment in full of the Obligations, (ii) such Indebtedness shall be either (x) unsecured or (y) secured by the Collateral on a junior basis (including with respect to the control of remedies) with the Obligations, (iii) if such Indebtedness is secured, the holders of such Indebtedness (or their senior representative or agent) and the Collateral Trustee shall be party to a subordination agreement reasonably satisfactory to the Requisite Holders, (iv) such Indebtedness shall not be at any time guaranteed by any Subsidiaries other than Subsidiaries that are Guarantors and the terms of such guarantee shall be no more favorable to the secured parties in respect of such Indebtedness than the terms of the Guarantee, (v) such Indebtedness shall have covenants, default and remedy provisions and other terms and conditions (other than interest, fees, premiums, funding discounts or optional prepayment or redemption provisions) that are substantially identical to, or less favorable to the investors providing such Indebtedness than, those set forth in this Indenture, (vi) the maturity date of such Indebtedness shall be no earlier than the date that is ninety one (91) days after the Stated Maturity Date, and (vii) there shall be no scheduled amortization of such Indebtedness, and such Indebtedness shall not be subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (except customary asset sale or change-of-control provisions that provide for the prior repayment in full of the Notes and all other Obligations), in each case prior to the date that is ninety one (91) days after the Stated Maturity Date.

  • Securitization Indebtedness means (i) Indebtedness of the Company or any of its Restricted Subsidiaries incurred pursuant to on-balance sheet Securitizations treated as financings and (ii) any Indebtedness consisting of advances made to the Company or any of its Restricted Subsidiaries based upon securities issued by a Securitization Entity pursuant to a Securitization and acquired or retained by the Company or any of its Restricted Subsidiaries.

  • Estimated Indebtedness has the meaning set forth in Section 2.4(a).

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, renew, refund, refinance, replace, defease or discharge other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of the Borrower’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of the Borrower’s business in connection with its securities transactions, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Borrower’s Investment Policies (after giving effect to any Permitted Policy Amendments), provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Attributable Receivables Indebtedness at any time means the principal amount of Indebtedness which (i) if a Permitted Receivables Facility is structured as a secured lending agreement, would constitute the principal amount of such Indebtedness or (ii) if a Permitted Receivables Facility is structured as a purchase agreement, would be outstanding at such time under the Permitted Receivables Facility if the same were structured as a secured lending agreement rather than a purchase agreement.

  • Financial Indebtedness means any indebtedness for or in respect of: