Finance Obligations definition
Finance Obligations means, at any date, (i) all Senior Credit Obligations, (ii) all Swap Obligations of a Loan Party permitted hereunder owed or owing to any Swap Creditor and (iii) all Cash Management Obligations.
Finance Obligations means, at any date, (i) all ABL Credit Obligations, (ii) all Cash Management Obligations then owing under any Secured Cash Management Agreement to a Cash Management Bank and (iii) all Swap Obligations (other than Excluded Swap Obligations) of a Loan Party permitted hereunder then owing under any Secured Hedge Agreement to any Hedge Bank and all costs and expenses incurred in connection with enforcement and collection of the obligations described in this clause (ii), including the fees, charges and disbursement of counsel (it being understood, for avoidance of doubt, that obligations of a Loan Party of or owed to (i) Bank of America or its affiliates or (ii) a Person that is both a Term Finance Party and a Lender at the time such Rate Contract or Cash Management Agreement was entered into by such Loan Party shall be considered Finance Obligations); provided that the Finance Obligations shall exclude any Excluded Swap Obligation.
Finance Obligations means, at any date, (i) all Obligations, (ii) all Swap Obligations of Holdings and its Subsidiaries then owing under any Secured Hedge Agreement to any Hedge Bank and (iii) all Cash Management Obligations of Holdings and its Subsidiaries then owing under any Secured Cash Management Agreement to any Cash Management Bank; provided that the Finance Obligations shall exclude any Excluded Swap Obligations.
Examples of Finance Obligations in a sentence
The Company will not permit any Restricted Subsidiary to, directly, or indirectly, incur or assume any guarantee of any Indebtedness of any other entity, unless such Restricted Subsidiary is already a Credit Party or contemporaneously therewith, effective provision is made to guarantee the Finance Obligations equally and ratably with (or on a senior secured basis to, if applicable) such other Indebtedness for so long as such other Indebtedness is so guaranteed.
The Canadian Pledge and Security Agreement is effective to create in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, a legal, valid and enforceable security interest in the Collateral described therein to secure the Finance Obligations.
The Pledge and Security Agreement is effective to create in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, a legal, valid and enforceable security interest in the Collateral described therein to secure the Finance Obligations.
More Definitions of Finance Obligations
Finance Obligations means the Obligations under and as defined in the Credit Agreement.
Finance Obligations. (a) all loans (including the Advances (including Special Advances and Swingline Loans)), debts, principal, interest (including any interest that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), reimbursement or indemnification obligations with respect to Canadian Reimbursement Undertakings and Letters of Credit (irrespective of whether contingent), premiums, liabilities (including all amounts charged to any Loan Account pursuant to this Agreement), obligations (including indemnification obligations), fees (including the fees provided for in the Fee Letter), Lender Group Expenses (including any fees or expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), guaranties, and all covenants and duties of any other kind and description owing by any Loan Party arising out of, under, pursuant to, in connection with, or evidenced by this Agreement or any of the other Loan Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, and including all interest not paid when due and all other expenses or other amounts that the Loan Parties are required to pay or reimburse by the Loan Documents or by law or otherwise in connection with the Loan Documents, and (b) all Bank Product Obligations. Without limiting the generality of the foregoing, the Finance Obligations of Loan Parties under the Loan Documents include the obligation to pay (i) the principal of the Advances (including Special Advances and Swingline Loans), (ii) interest accrued on the Advances (including Special Advances and Swingline Loans), (iii) the amount necessary to reimburse any Issuing Bank for amounts paid or payable pursuant to Letters of Credit, (iv) Letter of Credit commissions, fees (including fronting fees) and charges, (v) Lender Group Expenses, (vi) fees payable under this Agreement or any of the other Loan Documents, and (vii) indemnities and other amounts payable by any Loan Party under any Loan Document. Any reference in the Agreement or in the Loan Documents to the Finance Obligations shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency...
Finance Obligations means, at any date, any and all Secured Obligations (as such term is defined in the Security Agreement) of any Finance Party under any Finance Document.
Finance Obligations means, at any date, (i) all Senior Credit Obligations, (ii) all Swap Obligations of a Loan Party permitted hereunder owed or owing to any Swap Creditor and (iii) all Cash Management Obligations owing to a Lender or one or more of its Affiliates. "FINANCE PARTY" means each Lender, the Swing Line Lender, each L/C Issuer, each Swap Creditor, each Agent and each Indemnitee and their respective successors and assigns, and "FINANCE PARTIES" means any two or more of them, collectively.
Finance Obligations has the meaning given to such term in the Security Agreement.
Finance Obligations means (i) all Senior Obligations and (ii) all Swap Obligations owing to one or more Swap Creditors; in each case whether now or hereafter due, owing or incurred in any manner, whether actual or contingent, whether incurred solely or jointly with any other person and whether as principal or surety (and including all liabilities in connection with any notes, bills or other instruments accepted by any Finance Party in connection therewith), together in each case with all renewals, modifications, consolidations or extensions thereof.
Finance Obligations means, at any date, (i) all Senior Obligations and (ii) all Derivatives Obligations of a Credit Party permitted hereunder owed or owing to any Derivatives Creditor, in each case whether now or hereafter due, owing or incurred in any manner, whether actual or contingent, whether incurred solely or jointly with any other Person and whether as principal or surety (and including all liabilities in connection with any notes, bills or other instruments accepted by any Finance Party in connection therewith), together in each case with all renewals, modifications, consolidations or extensions thereof.