Examples of Excluded Indebtedness in a sentence
Except for the Excluded Indebtedness, the Indebtedness disclosed in Schedule 1.1(1) and any interest or penalties in respect thereof, the Corporation has no Indebtedness and there is no event or condition that would (or would result with the giving of notice, the lapse of time, or both) allow any Person to exercise rights under any Contracts that could be reasonably expected to result in any such liabilities or obligations..
If any Indebtedness shall be incurred or issued by the Borrower or any Restricted Subsidiary after the Acquisition Effective Date (other than Excluded Indebtedness but including, for the avoidance of doubt, any Replacement Facility), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied promptly upon such incurrence or issuance toward the prepayment of the Loans as set forth in Section 4.2(f).
Namely, managers self-select their preferred choices (Li and Prabhala 2006).
Ecuador is unable or admits an inability to pay its External Indebtedness (other than Excluded Indebtedness) as such indebtedness falls due or, by reason of actual or anticipated financial difficulties, suspends or announces its intention to suspend making payments on any of its External Indebtedness (other than Excluded Indebtedness).
Ecuador and/or a court of proper jurisdiction, declares a formal and official suspension of payments or a moratorium with respect to payments on Ecuador's External Indebtedness (other than Excluded Indebtedness).