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).

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.

• Upon release from the Escrow Account, the Issuer shall use the Net Proceeds from the issuance of the Initial Notes towards (i) first, provision of intra-Group loans to Delete Group Oy and Delete Sweden AB for the purposes of repayment of principal and payment of accrued but unpaid interest and other costs and fees under or in relation to the Existing Financial Indebtedness, and (ii) secondly, general corporate purposes of the Group (including acquisitions).

• Upon release from the Escrow Account, the Issuer shall use the Net Proceeds from the issuance of the Initial Notes towards (i) first, provision of intra-Group loans to Delete Oy and Delete Sweden AB for the purposes of repayment of principal and payment of accrued but unpaid interest and other costs and fees under or in relation to the Existing Financial Indebtedness, and (ii) secondly, general corporate purposes of the Group (including acquisitions).

• 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.

• The Commitments shall initially be made available solely for the purpose of the Borrower refinancing all amounts owing under the Existing Financial 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 any Financial Indebtedness of any member of the Group outstanding as at the Signing Date.

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.

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

Existing Financial Indebtedness means any Financial Indebtedness incurred by or related to any Group Company, including, but not limited to, liabilities under the Existing Debt Facilities but excluding any Intra-group Debt or any amounts owed under an Intercompany Loan Agreement;