Existing Financial Indebtedness definition

Existing Financial Indebtedness means the Financial Indebtedness existing as at the Original Execution Date, details of which are set out in Part 3 of Schedule 10 (Existing Financial Indebtedness).

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Existing Financial Indebtedness means any Financial Indebtedness existing on the Request Date or arising pursuant to any legally binding obligation, commitment or arrangement existing on the Request Date, in each case of any member of the Group (and shall include the undrawn amount of any committed or uncommitted facility or arrangement of any sort for the provision of Financial Indebtedness to which any member of the Group is a party as at the Request Date).

Existing Financial Indebtedness means Financial Indebtedness incurred under (i) the senior facilities agreement originally dated 28 August 2013 (including all amendments up to date) and (ii) the mezzanine facilities agreement originally dated 8 May 2015 (including all amendments up to date).

Examples of Existing Financial Indebtedness in a sentence

• The Exposures of the Participating Creditors under the Facilities as at close of business on the Reference Date are correctly described in Part II of Schedule 1 (The Original Participating Creditors) and the list of Existing Financial Indebtedness contained in Schedule 10 (Existing Financial Indebtedness) is, in all material respects, a true, complete and accurate list of all the Group’s existing Financial Indebtedness as at the date of this Agreement.

• The Commitments shall initially be made available solely for the purpose of the Borrower refinancing all amounts owing under the Existing Financial Indebtedness.

• Evidence that all amounts outstanding under the relevant Existing Financial Indebtedness which is to be prepaid by the relevant Advance have been or will be (as a result of the relevant Utilisation) discharged in full and that all related commitments are or will be cancelled in full and that all Security Interests and guarantees in connection with the Existing Financial Indebtedness have been or will be discharged in full.

• Debt Securities means any bond, note, debenture, loan stock or similar instrument (Securities) other than any Securities issued to refinance any Existing Financial Indebtedness the proceeds of which, when aggregated with any amounts described in paragraph (vi) of the definition of Loan Facility which are not applied in prepayment of the Facility, are in an amount less than US$750,000,000 (or its equivalent in other currencies).

• Evidence on the Closing Date that the consolidated Financial Indebtedness of the Group is not more than (i) USD 90,000,000 drawn under the Facilities, (ii) USD 35,000,000 of debt linked of Genesys S.A., (iii) any Existing Financial Indebtedness, and (iv) the Convertible Bonds Indebtedness.

More Definitions of Existing Financial Indebtedness

Existing Financial Indebtedness the indebtedness under the loan made by Dresdner Bank in the amount of EUR 12,286,000;

Existing Financial Indebtedness means the Financial Indebtedness under the facilities listed in Appendix 2 (Certain Existing Financial Indebtedness).

Existing Financial Indebtedness means the Financial Indebtedness as at the date of the 2017 Facilities Agreement of members of the Group which are not Obligors and is described in Schedule 10 (Existing Financial Indebtedness) of the 2017 Facilities Agreement provided that any amount of such indebtedness may be refinanced or replaced from time to time but the aggregate principal amount of such Financial Indebtedness may not increase above the principal amount outstanding as at the date of the 2017 Facilities Agreement (except as otherwise permitted or not restricted by the 2017 Facilities Agreement or by the amount of any capitalised interest under any facility or instrument that provided for capitalisation of interest on those terms as at the date of the 2017 Facilities Agreement).

Existing Financial Indebtedness means Financial Indebtedness in relation to:

Existing Financial Indebtedness means any Financial Indebtedness of any member of the Group outstanding as at the Signing Date.

Existing Financial Indebtedness means the Financial Indebtedness listed in Schedule C;

Existing Financial Indebtedness means Financial Indebtedness of the Borrower incurred under Securities in existence at the date of this Agreement, but only to the extent that the principal amount of any such Financial Indebtedness is not increased since the date of this Agreement and the maturity of any such Financial Indebtedness is extended to a date falling after the Tranche A Final Maturity Date.