Financing Debt definition

Financing Debt means each of the items described in clauses (a) through (f) of the definition of the term "Indebtedness" and, without duplication, any Guarantees of such items.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Financing Debt means, with respect to any Person and at any time, all indebtedness for borrowed money of such Person at such time and specifically includes (without duplication):

Financing Debt means each of the items described in clauses (a) through (e) of the definition of the term "Indebtedness".

Examples of Financing Debt in a sentence

• All Financing Debt from time to time owing to such Obligor from any Person (all such Financing Debt being referred to as the "PLEDGED INDEBTEDNESS").

• Neither the Company nor any of its Subsidiaries, nor any Person controlling the Company or any of its Subsidiaries or under common control with the Company or any of its Subsidiaries, is subject to regulation under the Federal Power Act, the Investment Company Act, the Interstate Commerce Act or any statute or regulation which regulates the incurring by the Company or any of its Subsidiaries of Financing Debt as contemplated by this Agreement and the other Loan Documents.

• All Financing Debt from time to time owing to such Obligor from any Person (all such Financing Debt being referred to as the "Pledged Indebtedness").

• The Borrower shall not permit the ratio of Consolidated Total Financing Debt to Total Capitalization to exceed 0.350 to 1.00 on the last day of any fiscal quarter during the term of this Agreement.

• All rights to receive the payment of money, including accounts and receivables, rights to receive the payment of money under contracts, franchises, licenses, permits, subscriptions or other agreements (whether or not earned by performance), and rights to receive payments from any other source (all such rights, other than Financing Debt, being referred to herein as "ACCOUNTS").

More Definitions of Financing Debt

Financing Debt means indebtedness (a) for borrowed money, (b) evidenced by notes, debentures or similar instruments, (c) associated with capitalized lease obligations and synthetic lease obligations, (d) associated with the deferred purchase price of assets, services or securities, including related noncompetition, consulting and stock repurchase obligations (other than ordinary trade accounts payable on customary terms in the ordinary course of business), and any long-term contractual obligations for the payment of money, (e) associated with mandatory redemption, repurchase or dividend rights on capital stock (or other equity), including provisions that require the exchange of such capital stock (or other equity) for Indebtedness from the issuer, (f) associated with reimbursement obligations, whether contingent or matured, with respect to letters of credit, bankers acceptances, surety bonds, other financial guarantees, foreign currency hedge agreements and interest rate protection agreements (without duplication of other indebtedness supported or guaranteed thereby), and (g) any guarantees of any of the foregoing items.

Financing Debt means (without duplication):

Financing Debt. The financing obligations of Seller to any lender pursuant to the Financing Documents, including without limitation, principal of, premium and interest on indebtedness, fees, expenses or penalties, amounts due upon acceleration, prepayment or restructuring, swap or interest rate hedging breakage costs and any claims or interest due with respect to any of the foregoing.

Financing Debt means (a) borrowed money, (b) indebtedness evidenced by notes, debentures or similar instruments, (c) capitalized lease obligations, (d) the deferred purchase price of assets, services or securities, including related noncompetition, consulting and stock purchase obligations (other than ordinary trade accounts payable within six months after the incurrence thereof in the ordinary course of business), (e) mandatory redemption or dividend rights on capital stock (or other equity, (f) reimbursement obligations, whether contingent or matured, with respect to letters of credit, bankers acceptances, surety bonds, other financial guarantees and interest rate protection agreements (without duplication of other indebtedness supported or guaranteed thereby) and, without duplication (g) any guarantees of such items.

Financing Debt means all obligations, contingent or otherwise, which in accordance with GAAP are required to be classified upon the balance sheet of the Company (or other specified Person) as liabilities, but in any event including (without duplication) and excluding for all purposes the transactions under the terms of the Congoleum Plan, the Congoleum Plan Trust and the Congoleum Plan Note: (a) indebtedness for borrowed money; (b) indebtedness evidenced by notes, debentures or similar instruments; (c)

Financing Debt means, without duplication and with respect to any Person, (a) any Debt for borrowed

Financing Debt means the indebtedness for borrowed money owed by the Partnership to Enterprise from time to time under the Financing Agreement.