Existing Parent Indebtedness means (i) the Intelsat S.A. Notes and (ii) the Holdings Notes (provided that interest in respect of the Indebtedness referred to in the foregoing subsections (i) and (ii) shall be paid at the times and in the amounts contemplated in the indentures and other agreements governing such Existing Parent Indebtedness), and (iii) any Indebtedness which may redeem, refinance or replace such Existing Parent Indebtedness (including any exchange notes therefor); provided that (A) the Indebtedness remains the primary obligation of the issuer of such Existing Parent Indebtedness and (B) the principal amount of any such Indebtedness redeeming, refinancing or replacing such Existing Parent Indebtedness shall not exceed the principal amount of the Indebtedness refinanced, plus any reasonable premiums, fees and expenses payable in connection with such refinancing.
Existing Parent Indebtedness is defined in Section 4.21.
Existing Parent Indebtedness means (i) the Intelsat S.A. Notes and (ii) the Holdings Notes (provided that interest in respect of the Indebtedness referred to in the foregoing subsections (i) and (ii) shall be paid at the times and in the amounts contemplated in the indentures and other agreements governing such Existing Parent Indebtedness), and (iii) any Indebtedness which may redeem, refinance or replace such Existing Parent Indebtedness
Examples of Existing Parent Indebtedness in a sentence
Investments at the times and in the amounts necessary to enable any parent of the Borrower to (i) make regularly scheduled interest payments on the Existing Parent Indebtedness and (ii) repay the principal and premium, if any, of the Intelsat S.A. Notes; provided that the amount of Investments paid pursuant to this clause (y) to enable any such parent to make any such payments and redemptions shall not exceed the amount necessary to make such payments and redemptions at such time.
More Definitions of Existing Parent Indebtedness
Existing Parent Indebtedness means the Indebtedness existing on the Effective Date and disclosed in Schedule 6.7.
Existing Parent Indebtedness means (a) Indebtedness of the Parent (i) in connection with the notes issued pursuant to (A) the Indenture, dated as of November 10, 2003, by and between the Parent, as issuer, and U.S. National Bank Association, as trustee, with respect to the 8% Notes due 2013, as amended by the Supplemental Indenture, dated as of January 31, 2006, by and between the Parent, as issuer, and U.S. Bank National Association, as trustee, (B) the Indenture, dated as of November 10, 2003, by and between the Parent, as issuer, and U.S. Bank National Association, as trustee, with respect to the 9% Discount Notes due 2013, as amended by the Supplemental Indenture, dated as of January 31, 2006, by and between the Parent, as issuer, and U.S. National Bank Association, as trustee and (C) the Indenture, dated as of February 11, 2004, by and between the Parent, as issuer, and U.S. National Bank Association, as trustee, with respect to the 9% Discount Notes due 2013, as amended by the Supplemental Indenture, dated as of January 31, 2006, by and between the Parent, as issuer, and U.S. Bank National Association, as trustee, and (ii) under the intercompany Loan Agreement between the Parent, as borrower, and the Ultimate Parent, as lender, dated October 17, 2007 and (b) Indebtedness of the Ultimate Parent in connection with the notes issued pursuant to (i) the Indenture, dated as of January 14, 2005, between the Ultimate Parent, as issuer, and The Bank of New York, as trustee, with respect to the 6.875% Senior Notes due 2013, (ii) the Indenture, dated as of January 27, 2006, between the Ultimate Parent, as issuer, and The Bank of New York, as trustee, with respect to the 6.875% Series A-1 Senior Discount Notes due 2013; (iii) the Indenture, dated as of January 27, 2006, between the Ultimate Parent (as successor to X.X. Xxxxxxxxx Finance Corporation III), as issuer, and The Bank of New York, as trustee, with respect to the 6.875% Series A-2 Senior Discount Notes due 2013, as amended by the Supplemental Indenture, dated January 31, 2006, by and between the Ultimate Parent, as issuer, and The Bank of New York, as trustee, (iv) the Indenture, dated as of January 27, 2006, between the Ultimate Parent (as successor to X.X. Xxxxxxxxx Finance Corporation III), as issuer, and The Bank of New York, as trustee, with respect to the 8.875% Series A-3 Senior Notes due 2016, as amended by the Supplemental Indenture, dated January 31, 2006, by and between the Ultimate Parent, as issuer, and The Bank of New...
Existing Parent Indebtedness means the Senior Notes Due 2009, the Convertible Notes and any Indebtedness of the Parent issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund any such Indebtedness which meets the conditions for Permitted Refinancing Indebtedness set forth in clauses (1) and (2) of the definition thereof.
Existing Parent Indebtedness means the indebtedness of Parent under those agreements identified under the caption “Financing Arrangements” in Section 4.18 of the Parent Diligence Letter.
Existing Parent Indebtedness means the indebtedness of Parent under that certain Third Amended and Restated Credit Agreement between Parent, and JPMorgan Chase Bank N.A., dated April 15, 2004 (as amended).
Existing Parent Indebtedness means the 8.875% senior notes due 2013 of the Parent Guarantor issued pursuant to an indenture dated September 26, 2003 between the Parent Guarantor and Bank of Oklahoma, National Association, as trustee, and the 10.875% senior notes due 2010 of the Parent Guarantor issued pursuant to an indenture dated June 22, 0000 xxxxxxx xxx Xxxxxx Xxxxxxxxx xxx Xxxxxx Xxxxxx Trust Company of New York, as trustee, in each case, outstanding on the Issue Date.
Existing Parent Indebtedness means the Existing Intelsat Notes, the Existing PanAmSat Holdco Notes, the Intelsat Bermuda Intercompany Loan and the New Intelsat Bermuda Indebtedness.