Guarantor Designated Senior Indebtedness means (i) all Guarantor Senior Indebtedness under, or in respect of, the Credit Facility and any Interest Rate Contract or Currency Agreement related to Indebtedness under the Credit Facility and (ii) any other Guarantor Senior Indebtedness which, at the time of determination, has an aggregate principal amount outstanding, together with any commitments to lend additional amounts, of at least $30,000,000 and is specifically designated in the instrument evidencing such Senior Indebtedness as "Guarantor Designated Senior Indebtedness."
Guarantor Designated Senior Indebtedness. (as defined in the Senior Subordinated Note Indenture) for purposes of the Senior Subordinated Note Indenture.
Guarantor Designated Senior Indebtedness for purposes of this Indenture.
Examples of Guarantor Designated Senior Indebtedness in a sentence
Each of the Parent and each such other Guarantor hereby specifically designates its Guarantor Obligations as "Guarantor Designated Senior Indebtedness" (as defined in the Senior Subordinated Note Indenture) for purposes of the Senior Subordinated Note Indenture.
Refer to Prosecuting Attorney Claim 2003-50, Robert Stewart, alleged constitutional violations 2003C9-74 9:29 A.M. Moved by Commissioner Walter, seconded by Commissioner Hawkins and carried that the Board appoint Commissioner Goehner as Chair Pro Tem until the return of Commissioner Hawkins.
If a demand for payment is made on such Note Guarantor pursuant to Article 13, the Trustee shall promptly notify the holders of the Guarantor Designated Senior Indebtedness of such Note Guarantor (or their Representatives) of such demand.
If a demand for payment is made on the Parent Guarantor pursuant to Article XIV, the Trustee shall promptly notify the holders of the Parent Guarantor Designated Senior Indebtedness (or their Parent Guarantor Representatives) of such demand.
A Guarantor may pay its Parent Guarantee or Note Guarantee, after such Guarantor Payment Blockage Period ends, unless the holders of such Guarantor Designated Senior Indebtedness or the Representative of such holders have accelerated the maturity of such Guarantor Designated Senior Indebtedness, or any Guarantor Payment Default otherwise exists.
More Definitions of Guarantor Designated Senior Indebtedness
Guarantor Designated Senior Indebtedness means the Guarantor's obligations under any particular Senior Indebtedness of the Guarantor in which the instrument creating or evidencing the same or the assumption or guarantee thereof (or related agreements or documents to which the Guarantor is a party) expressly provides that such Senior Indebtedness shall be "Guarantor Designated Senior Indebtedness" for purposes of the Indenture (provided that such instrument, agreement or other document may place limitations and conditions on the right of such Senior Indebtedness to exercise the rights of Guarantor Designated Senior Indebtedness).
Guarantor Designated Senior Indebtedness with respect to any ---------------------------------------- Subsidiary Guarantor, means (i) if such Subsidiary Guarantor is party to the Credit Facility, Indebtedness under or in respect of the Credit Facility and (ii) any other Indebtedness constituting Guarantor Senior Indebtedness of such Subsidiary Guarantor which, at the time of determination, has an aggregate principal amount of at least $35,000,000 (including the principal amount of Obligations of the Company and its Subsidiaries under such Indebtedness) and is specifically designated in the instrument evidencing such Guarantor Senior Indebtedness as "Designated Senior Indebtedness" or "Guarantor Designated Senior Indebtedness" by the Company or any of its Subsidiaries.
Guarantor Designated Senior Indebtedness means Guarantor Senior Indebtedness (including any Guarantee) of any Guarantor in respect of the Revolving Credit Facility or, after all Guarantor Senior Indebtedness of the Guarantor in respect of the Revolving Credit Facility has been paid in full and the Revolving Credit Facility shall have been terminated, Indebtedness of such Guarantor that otherwise would constitute Guarantor Senior Indebtedness in respect of any refinancing or replacement thereof or, if there is no such refinancing or replacement thereof, or after all Indebtedness of the Guarantor in respect of any such refinancing or replacement has been paid in full, "Guarantor Designated Senior Indebtedness" shall mean any class of Guarantor Senior Indebtedness the aggregate principal amount outstanding of which exceeds $10 million and which is specifically designated in the instrument evidencing such Guarantor Senior Indebtedness or the agreement under which such Guarantor Senior Indebtedness arises as "Guarantor Designated Senior Indebtedness".
Guarantor Designated Senior Indebtedness and "Article Ten as read to apply to each Guarantor's Subsidiary Guarantee pursuant to this Section 11.2", respectively, except that reference in Section 10.5 to "the obligation of the Company, which is absolute and unconditional, to pay to the Holders the Principal of, premium, if any, and interest on the Notes as and when the same shall become due and payable in accordance with their terms", or any words of similar meaning, are references to "such Guarantor's Obligations under its Subsidiary Guarantee". Any notice of a default or event of default given to the Trustee in respect of Designated Senior Indebtedness pursuant to Section 10.2(b) shall be deemed to be a notice a default or event of default given to the Trustee in respect of such Guarantor's Guarantor Designated Senior Indebtedness and any notice of a default or event of default given to the Trustee in respect of such Guarantor's Guarantor Designated Senior Indebtedness pursuant to this Section 11.2 shall be deemed to be a notice of a default or event of default given to the Trustee in respect of Designated Senior Indebtedness. In the event of a conflict between the provisions of Section 10.2(b) and the provisions of Section 10.2(b) as read to apply to the Guarantor's Subsidiary Guarantee pursuant to this Section 11.2, the provisions of Section 10.2(b) shall apply and govern this Indenture.
Guarantor Designated Senior Indebtedness means, with respect to any Guarantor, (i) the Indebtedness of such Guarantor in respect of Bank Indebtedness and (ii) any
Guarantor Designated Senior Indebtedness by the Company or any of its Subsidiaries.
Guarantor Designated Senior Indebtedness means, with respect to any ---------------------------------------- Guarantor, (i) the Indebtedness of such Guarantor in respect of Bank - Indebtedness and (ii) any other Obligor Senior Indebtedness of such Guarantor -- that, at the date of determination, has an aggregate principal amount equal to or under which, at the date of determination, the holders thereof are committed to lend up to, at least $10.0 million and is specifically designated by such Guarantor in an agreement or instrument evidencing or governing such Obligor Senior Indebtedness as "Guarantor Designated Senior Indebtedness" for purposes of this Indenture.