Excluded Debt Incurrence means the incurrence or any issuance by any Credit Party or any of its Subsidiaries of any Indebtedness permitted by Section 7.02 (other than Section 7.02(g)).
Excluded Debt Incurrence means any issuance of Indebtedness permitted by Section 6.01(a).
Excluded Debt Incurrence means (i) in connection with refinancing or replacing a Convertible Debenture, a new convertible debenture issued on no less favorable terms than the Convertible Debenture being refinanced or replaced, with respect to ranking (senior/senior subordinated), financial covenants, operational covenants, and events of default, and whether issued prior to or after the replacement of such Convertible Debenture,
More Definitions of Excluded Debt Incurrence
Excluded Debt Incurrence means Non-Recourse Debt.”
Excluded Debt Incurrence means (i) Non-Recourse Debt and (ii) guarantees of loans to customers purchasing solar products of the Company and its Subsidiaries in accordance with that certain Agreement (Non-Recourse) between SunPower Corporation and First Technology Federal Credit Union, formerly known as Addison Avenue Federal Credit Union, dated as of April 27, 2009, as amended by that Amendment 1 dated January 28, 2011 (as further amended from time to time, “First Tech Facility”) and guarantees of loans or leases by third party lenders or lessors (as applicable) to customers purchasing or leasing solar products of the Company and its Subsidiaries subject to limitations substantially similar to the First Tech Facility, in all cases in an aggregate amount at any time outstanding not to exceed $5,000,000.”
Excluded Debt Incurrence means (i) in connection with refinancing or replacing a Convertible Debenture, a new convertible debenture issued on no less favorable terms than the Convertible Debenture being refinanced or replaced, with respect to ranking (senior/senior subordinated), financial covenants, operational covenants, and events of default, and whether issued prior to or after the replacement of such Convertible Debenture, (ii) Non-Recourse Debt, (iii) Tenesol Debt, and (iv) guarantees of loans to customers purchasing solar products of the Company and its Subsidiaries in accordance with that certain Agreement (Non-Recourse) between SunPower Corporation and First Technology Federal Credit Union, formerly known as Addison Avenue Federal Credit Union, dated as of April 27, 2009, as amended by that Amendment 1 dated January 28, 2011 (as further amended from time to time, “First Tech Facility”) and guarantees of loans or leases by third party lenders or lessors (as applicable) to customers purchasing or leasing solar products of the Company and its Subsidiaries subject to limitations substantially similar to the First Tech Facility, in all cases in an aggregate amount at any time outstanding not to exceed $5,000,000.”
Excluded Debt Incurrence means Indebtedness incurred by the Company or its Subsidiaries under one of the specified clauses of Section 7.01 (other than clause (i) thereof).
Excluded Debt Incurrence means (i) in connection with refinancing or replacing a Convertible Debenture, a new convertible debenture issued on no less favorable terms than the Convertible Debenture being refinanced or replaced with respect to ranking (senior/senior sub/subordinated), financial covenants, operational covenants, and events of default, and whether issued prior to or after the replacement of such Convertible Debenture, (ii) Non-Recourse Debt, and (iii) Tenesol Debt.
Excluded Debt Incurrence means (i) the First Lien Credit Agreement and any Indebtedness permitted to be incurred thereunder and (ii) the Second Lien Credit Agreement and any Indebtedness permitted to be incurred thereunder.
Excluded Debt Incurrence means (a) Indebtedness incurred by the Company or its Subsidiaries under Section 7.01 (other than clause (f) thereof) and (b) any other Indebtedness of the Company or any of its Subsidiaries permitted under Section 7.01(f) to the extent the proceeds thereof are used to refinance any portion of Indebtedness of the Company or any of its Subsidiaries that is guaranteed by Motorola pursuant to Section 7.01(c) and is included in the $250,000,000 exclusion under clause (ii) of Section 2.09(j) (as contemplated by the last sentence thereof).