Excluded Indebtedness definition

Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

Excluded Indebtedness means all Indebtedness permitted to be incurred under Section 6.01.

Excluded Indebtedness all Indebtedness permitted by Section 8.2.

Examples of Excluded Indebtedness in a sentence

• There shall have been entered against the Republic or the Central Bank in a matter related to External Indebtedness (other than Excluded Indebtedness) a final judgment, decree or order by a court of competent jurisdiction from which no appeal may be made, or is made within the time limit for doing so, for the payment of money in excess of U.S.$50,000,000 (or its equivalent in another currency) and 120 days shall have passed since the entry of any such order without Ecuador having satisfied such judgment.

• Ranking: The Notes will be general, direct, unsecured, unsubordinated and unconditional obligations of Ecuador, will be backed by the full faith and credit of Ecuador and will rank equally in terms of priority with Ecuador’s External Indebtedness (other than Excluded Indebtedness), provided, that, such ranking is in terms of priority only and does not require that Ecuador make ratable payments on the Notes with payments made on its other External Indebtedness.

• The Issuer or the Guarantor, as the case may be fail to make any payment in respect of any External Indebtedness (other than Excluded Indebtedness in the case of the Guarantor) in an aggregate principal amount in excess of U.S.$50,000,000 (or its equivalent in any other currency) when due (as such date may be extended by virtue of any applicable grace period or waiver).

• 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..

• For the avoidance of doubt, the Excluded Indebtedness set forth on Schedule 13.1(b) shall be included as part of the Indebtedness to be Repaid.

More Definitions of Excluded Indebtedness

Excluded Indebtedness means all Indebtedness permitted to be incurred under Section 7.01, other than Refinancing Debt permitted to be incurred under Section 7.01(w).

Excluded Indebtedness means all Indebtedness permitted to be incurred under Section 6.01 (as amended or waived from time to time).

Excluded Indebtedness has the meaning given to such term in Section 8.01(e).

Excluded Indebtedness means any obligation of the Russian Federation, the Government of the Russian Federation, the Ministry of Finance, Vnesheconombank of the U.S.S.R. (now known as state corporation "Bank for Development and Foreign Economic Affairs (Vnesheconombank)") or any other person that may arise from time to time representing restructured indebtedness originally incurred prior to 1 January 1992 by the government of the former Soviet Union or any of its legally authorised entities, other than the Russian Federation U.S. Dollar Denominated Bonds due 2007 to 2030.

Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01. “Excluded Property” shall have the meaning assigned to such term in Section 5.10(g). “Excluded Securities” shall mean any of the following:

Excluded Indebtedness means all Indebtedness permitted to be incurred under Section 6.01 (other than Section 6.01(z)).

Excluded Indebtedness all Indebtedness permitted by clauses (a), (b), (c), (d), (e), (f), (g), (h), (i), (j), (k), (l) and (m) of Section 8.2.