Existing Target Debt definition

Existing Target Debt means the following notes, debentures and bonds of Anheuser-Busch Companies, Inc.: (i) 6.450% Debentures due 1 September 2037; (ii) 5.50% Notes due 15 January 2018; (iii) 9.0% Debentures due 1 December 2009; (iv) 6.75% Debentures due 15 December 2027; (v) 6.50% Debentures due 1 January 2028; (vi) 5.75% Notes due 1 April 2010; (vii) 7.50% Notes due 15 March 2012; (viii) 7.55% Debentures due 1 October 2030; (ix) 6.80% Debentures due 15 January 2031; (x) 6.00% Notes due 15 April 2011; (xi) 6.80% Debentures due 20 August 2032; (xii) 5.625% Notes due 1 October 2010; (xiii) 6.00% Debentures due 1 November 2041; (xiv) 6.50% Debentures due 1 May 2042; (xv) 6.50% Debentures due 1 February 2043; (xvi) 4.375% Notes due 15 January 2013; (xvii) 5.95% Debentures due 15 January 2033; (xviii) 4.625% Notes due 1 February 2015; (xix) 4.50% Notes due 1 April 2018; (xx) 5.35% Notes due 15 May 2023; (xxi) 4.95% Notes due 15 January 2014; (xxii) 5.05% Notes due 15 October 2016; (xxiii) 5.00% Notes due 1 March 2019; (xxiv) 4.70% Notes due 15 April 2012; (xxv) 5.00% Notes due 15 January 2015; (xxvi) 5.491% Notes due 15 November 2017; (xxvii) 5.75% Debentures due 1 April 2036; (xxviii) 5.60% Notes due 1 March 2017; (xxix) Notes issued on 1 December 1989 by the Development Authority of Cartersville*; (xxx) Notes issued on 1 November 1990 by the Development Authority of Cartersville*; (xxxi) Notes issued on 1 May 1991 by The Industrial Development Authority of the City of St. Louis, Missouri*; (xxxii) Notes issued on 1 April 1997 by the Industrial Development Authority of the County of James City, Virginia*; (xxxiii) Notes issued on 1 April 1997 by the Development Authority of Cartersville*; (xxxiv) Notes issued on 1 August 1999 by the Ohio Water Development Agency*; (xxxv) Notes issued on 1 December 1999 by The Onondaga County Industrial Development Agency*; (xxxvi) Notes issued on 1 July 2000 by the Ohio Water Development Agency*; (xxxvii) Notes issued on 1 November 2001 by the Ohio Water Development Agency*; (xxxviii) Notes issued on 1 March 2002 by the Development Authority of Cartersville*; (xxxix) Notes issued on 1 April 2002 by the Gulf Coast Waste Disposal Authority*; (xl) Notes issued on 1 October 2002 by the City of Jonesboro, Arkansas*; (xli) Notes issued on 1 July 2006 by The Onondaga County Industrial Development Agency*; (xlii) Notes issued on 1 February 2007 by The Business Finance Authority of the State of New Hampshire*; (xliii) Notes issued on 1 February 2007 by th...

Existing Target Debt means the indebtedness for borrowed monies of the Target Group existing at close of business on the Acquisition of Target Date.

Existing Target Debt means the existing external debt in the Target amounting to approximate SEK 420 million as per 31 March 2017 with Swedbank AB (publ) and certain other lenders, to be fully repaid on or about the First Issue Date.

Examples of Existing Target Debt in a sentence

• The proceeds of the Advances shall be available (and each Borrower agrees that it shall use such proceeds) solely to pay all or a portion of (a) the aggregate cash consideration of €717 million and $617.4 million to the Seller pursuant to the Acquisition Agreement, (b) the amount required to refinance the Existing Target Debt described on Part I of Schedule 2.15, and (c) the fees and expenses incurred in connection with the foregoing and in connection with this Agreement.

• The proceeds of the Term Loans are to be used on the Closing Date, together with at least $820,000,000 of unrestricted cash on the balance sheet of the Borrower (the “Existing Acquiror Cash”) and the proceeds of the Senior Unsecured Notes, to finance the Acquisition, to refinance the Existing Target Debt and to pay certain fees and expenses in connection with the Transactions.

• To the extent the Company shall elect not to terminate and prepay the Existing Target Debt Facilities described in clauses (ii) and (iii) of the definition thereof and existing as of the Funding Date, the Banks' Commitments shall be automatically reduced on a ratable basis immediately prior to making the initial Loan hereunder on the Funding Date in an amount equal to the outstanding principal amount of such Existing Target Debt Facilities remaining outstanding.

• The proceeds of the Term Loan are being used by the Borrower (and, to the extent distributed to them by the Borrower, each other Loan Party) solely (a) to refinance all Existing Indebtedness and Existing Target Debt and related transaction costs, fees and expenses, (b) for the payment of the Transaction Costs and (c) to pay the Net Merger Consideration in connection with the Acquisition.

• The proceeds of the Term Loans are being used by the Borrower (and, to the extent distributed to them by the Borrower, each other Loan Party) solely (a) to refinance all Existing Indebtedness and Existing Target Debt and related transaction costs, fees and expenses, (b) for the payment of the Transaction Costs, (c) to pay the Net Merger Consideration in connection with the Acquisition and (d) to pay a portion of the Graceba Merger Consideration in connection with the Graceba Acquisition.

More Definitions of Existing Target Debt

Existing Target Debt means the outstanding Debt (and any interest, coupon, premia, fees, costs or expenses accruing thereon) made available to or guaranteed or secured by any member of the Target Group and existing immediately prior to the end of the Certain Funds Period.

Existing Target Debt has the meaning specified in the recitals to this Agreement.

Existing Target Debt means Indebtedness of the Target and its Subsidiaries outstanding immediately before the occurrence of the Effective Date.

Existing Target Debt means financial indebtedness incurred and outstanding under the Target group’s existing facilities agreement entered into with Skandinaviska Enskilda Banken AB (publ) Frankfurt branch as lender of approximately EUR 39,000,000 plus accrued interest.

Existing Target Debt means the Ares Facility.

Existing Target Debt means Indebtedness, if any, outstanding as of the Closing Date under that certain Amended and Restated Loan and Security Agreement, dated as of July 11, 2008, by and between the Target and Comerica Bank (as amended prior to the date hereof).

Existing Target Debt means all Debt of the Foreign Borrower and its Subsidiaries immediately prior to the Acquisition Date.