Eligible Indebtedness means any Indebtedness other than:
Eligible Indebtedness means any Indebtedness other than (i) Indebtedness in the form of, or represented by, bonds or other securities or any guarantee thereof and (ii) Indebtedness which is, or may be, quoted, listed or ordinarily purchased and sold on any stock exchange, automated trading system or over-the-counter or other securities market (including, without prejudice to the generality of the foregoing, the market for securities eligible for resale pursuant to Rule 144A under the Securities Act).
Eligible Indebtedness means any Indebtedness other than (i) Indebtedness in the form of, or represented by, bonds or other securities or any guarantee thereof and (ii) Indebtedness that is, or may be, quoted, listed or purchased and sold on any stock exchange, automated trading system or over-the- counter or other securities market (including, without prejudice to the generality of the foregoing, the market for securities eligible for resale pursuant to Rule 144A under the Securities Act).
Examples of Eligible Indebtedness in a sentence
The Levitz Account Purchase Agreement contains the following term which is pertinent to petitioner’s refund application: Parent and each Operating Subsidiary [Levitz] agrees to offer to sell, assign, and transfer all Accounts and all Eligible Indebtedness originated from time to time thereon to GE Capital and GE Capital agrees to purchase and acquire from Parent and each Operating Subsidiary all Accounts and all Eligible Indebtedness that are approved by GE Capital as set forth in Section 3.1 hereof.
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Refer to Annex 8 of the Servicer Guide, VALERI Calculation of Total Eligible Indebtedness at Claim for a detailed explanation of the calculation of total eligible indebtedness.
More Definitions of Eligible Indebtedness
Eligible Indebtedness means indebtedness se-
Eligible Indebtedness means any indebtedness other than:
Eligible Indebtedness means any indebtedness to be incurred by the Company after the date of this Agreement and required by its business needs by reason of credit to be extended to the Company by a creditor who shall require one or more of the Shareholders to guarantee such indebtedness as a condition to extending such credit to the Company. For purposes of this Agreement a resolution by the Board of Directors that such indebtedness is required by the business needs of the Company shall be binding and conclusive upon all parties to this Agreement.
Eligible Indebtedness means any Indebtedness for money borrowed --------------------- incurred by one or more Restricted Subsidiaries of the Company, provided that such Indebtedness for money borrowed is contractually pari passu with and secured equally and ratably with all other Indebtedness for money borrowed of such Restricted Subsidiaries, including, without limitation, Indebtedness outstanding under the New Credit Facility.
Eligible Indebtedness means such Indebtedness as shall be or shall have been incurred by an Account Debtor as GE Capital, in its sole discretion, shall deem eligible: (a) for purchase pursuant to Section 2.1(a) in the case of a Credit Agreement, or (b) for establishment and/or addition pursuant to Section 2.1(b) in the case of a Lender Credit Card Agreement; PROVIDED, HOWEVER, that GE Capital shall not materially change its credit criteria with respect to GE Capital's determination as to the Eligibility of Indebtedness, except in response to changes in economic conditions or loss experience; and PROVIDED, FURTHER, that, with respect to all Credit Agreements pursuant to which Eligible Indebtedness is incurred, they shall be in such form as GE Capital shall have approved in writing, except that GE Capital's approval shall be restricted to the form of such Credit Agreements under state and federal law and shall not in any manner whatsoever relate to the amount or rate of finance charges or any other financial terms, all of which shall be established solely by Parent and/or Operating Subsidiaries. GE Capital will not treat as Eligible Indebtedness: (a) (i) any Indebtedness if any representation or warranty of Parent or any Operating Subsidiary contained in this Agreement applicable to Indebtedness has been breached and such breach has a Material Adverse Effect or (ii) specific Indebtedness if any representation or warranty of Parent or any Operating Subsidiary contained in this Agreement applicable to such Indebtedness has been breached; (b) specific Indebtedness if the Account Debtor with respect to such specific Indebtedness has made a bona fide claim disputing its liability in any material respect or has made any material bona fide claim with respect to any Indebtedness due from such Account Debtor; (c) specific Indebtedness if, at the time the Account Documentation relating to such Indebtedness is forwarded to GE Capital, the Account Debtor has filed a petition for relief under the Bankruptcy Code, made a general assignment for the benefit of creditors, had filed against it any petition or other application for relief under the Bankruptcy Code, failed, suspended business operations, become insolvent, called a meeting of its creditors for the purpose of obtaining any financial concession or accommodation, or had or suffered a receiver or a trustee to be appointed for all or a significant portion of its assets or affairs; or (d) specific Indebtedness if such Indebtedness is the s...
Eligible Indebtedness with respect to obligations of the Borrower under the PSC Exchange Indenture, the PSC 1997 Indenture, the PSC 1988 Indenture, the PSC 2001 Indenture and the Golden Sky
Eligible Indebtedness under the PSC Exchange Indenture, the PSC 1997 Indenture, the PSC 1998 Indenture and the Golden Sky Exchange Indentures and (d) are hereby designated as "Designated Senior Debt" under the Golden Sky Exchange Indenture relating to the Borrower's 13 1/2% Senior Subordinated Discount Notes due 2007.