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Existing Debt definition

Existing Debt means Debt of each Loan Party and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.
Existing Debt has the meaning specified in Section 5.02(d)(ii).
Existing Debt means the Indebtedness outstanding under the Existing Credit Agreement.

Examples of Existing Debt in a sentence

  • Set forth on Schedule 4.01(n) hereto is a complete and accurate list of all Existing Debt, showing as of the date hereof the obligor and the principal amount outstanding thereunder, the maturity date thereof and the amortization schedule therefor.

  • It is expected that all payments in respect of the Obligations, the Existing Debt Securities and the Additional Debt Securities will be made by the Borrower.

  • The Company shall pay any and all transfer, stamp, issuance and similar taxes that may be payable with respect to the issuance and delivery of Common Stock upon Exchange of Existing Debt.

  • No prior inability to exchange the Existing Debt, or to issue shares of Common Stock, pursuant to this paragraph shall have any effect on the applicability of the provisions of this paragraph with respect to any subsequent determination of exchangeability.

  • This Agreement is given as a substitution of, and not as a payment of, the obligations of the Loan Parties under the Existing Debt Facility and is not intended to constitute a novation of the Existing Debt Facility.


More Definitions of Existing Debt

Existing Debt means Indebtedness of each Loan Party and its Subsidiaries outstanding on the Closing Date.
Existing Debt means the Debt outstanding on the Closing Date and listed on Schedule 6.12 hereto.
Existing Debt means the obligations of the Borrower or its Subsidiaries in connection with the Bareboat Charterparty with respect to the vessel BRILLIANCE OF THE SEAS dated July 5, 2002 between Halifax Leasing (September) Limited and RCL (UK) LTD, and the replacement, extension, renewal or amendment of the foregoing without increase in the amount or change in any direct or contingent obligor of such obligations.
Existing Debt has the meaning specified in Section 4.01(gg) hereof.
Existing Debt means Debt of the Borrowers and their respective Subsidiaries outstanding immediately before giving effect to the Merger.
Existing Debt means all Debt for Borrowed Money of the Borrower and its Subsidiaries outstanding immediately before the occurrence of the Restatement Effective Date.
Existing Debt means (i) Indebtedness of the Credit Parties existing as of the Effective Time which is being repaid in full with the proceeds of the Loans made by the Lenders at the Effective Time and (ii) Indebtedness of the Credit Parties existing as of the Effective Time which is permitted to remain outstanding after the Effective Time under Section 8.1 and is listed on Schedule 8.1 hereto.