Indebtedness to be Refinanced definition

Indebtedness to be Refinanced means all indebtedness set forth in Schedule VII.

Indebtedness to be Refinanced means the indebtedness arising pursuant to the Existing Credit Agreement.

Indebtedness to be Refinanced means all Indebtedness of the Parent and its Subsidiaries outstanding immediately before the consummation of the Transaction (including, without limitation, Indebtedness referred to in Clause 2.2(a) (Purpose) which is to be repaid or refinanced on the Initial Borrowing Date, including any such Indebtedness which is not permitted to remain outstanding after the Initial Borrowing Date pursuant to Clause 26.4 (Indebtedness) or as set out in paragraph 11 of Part I of Schedule 3 (Conditions Precedent to First Utilisation).

Examples of Indebtedness to be Refinanced in a sentence

• The Borrower will apply the proceeds of the Loan for the prepayment and novation of the Indebtedness to be Refinanced, as detailed in Schedule (i) - Indebtedness to be Refinanced.

• Delivery to each of the Lenders by the Borrower of a Disbursement Request, together with the corresponding Novation Agreements required to extinguish the Indebtedness to be Refinanced, at least 5 Business Days prior to the proposed Disbursement Date.

• CS Letter of Credit Agreement (but without requiring the termination of any Existing Letters of Credit) (the “Refinancing”) on such date, all Indebtedness to be Refinanced of the Borrower and its Subsidiaries shall have been repaid in full, together with all fees and other amounts owing thereon, and all commitments thereunder shall have been terminated.

• Any Indebtedness to be Refinanced shall have been repaid, defeased or otherwise discharged substantially concurrently with or prior to the satisfaction of the other conditions precedent set forth in this Subsection 6.1 and the Administrative Agent shall have received payoff letters with respect to any Indebtedness to be Refinanced that is to be repaid, defeased or otherwise discharged on the Closing Date.

• The proceeds of the Loan disbursed shall be used exclusively for the prepayment and novation of the Indebtedness to be Refinanced, as detailed in Schedule (i) - Indebtedness to be Refinanced.

More Definitions of Indebtedness to be Refinanced

Indebtedness to be Refinanced means and include (without duplication) (i) Indebtedness under the Existing Credit Agreement and (ii) all other Indebtedness of the U.S. Borrower and its Subsidiaries which is to be repaid or refinanced on the Closing Date, including any such Indebtedness which is not permitted to remain outstanding after the Closing Date pursuant to Section 8.4.

Indebtedness to be Refinanced means all Indebtedness set forth on Schedule XII which is to be repaid in full on the Initial Borrowing Date.

Indebtedness to be Refinanced means collectively, the indebtedness arising pursuant to the Existing Credit Agreements.

Indebtedness to be Refinanced means all of the Indebtedness and other obligations under the Existing Credit Agreement and the Existing Accounts Receivable Facility.

Indebtedness to be Refinanced. Indebtedness incurred pursuant to the Existing Credit Agreement.

Indebtedness to be Refinanced means all Indebtedness set forth on Schedule XVII which is to be repaid in full on the Third Restatement Effective Date as part of the Refinancing.

Indebtedness to be Refinanced shall have the meaning provided in Section 7.26(b).