Inside Maturity Basket. Incremental Term Loans, Incremental Equivalent Debt, Permitted Credit Agreement Refinancing Debt, Refinancing Indebtedness or other Indebtedness in an aggregate principal amount outstanding not exceeding the greater of $250,000,000 and 75% of Consolidated EBITDA as of the most recently ended Reference Period (as selected by the Borrower Representative).
Inside Maturity Basket means Indebtedness consisting of, at the Borrowers’ option, any combination of Refinancing Notes, New Loan Commitments or Specified Refinancing Debt, equal to the greater of (a) $783,000,000 and (b) 100% of the EBITDA Grower Amount, for the aggregate principal amount of all Indebtedness incurred within the Inside Maturity Basket during the term of this Agreement.
Inside Maturity Basket means $25,000,000 in the aggregate for the principal amount of all Indebtedness incurred within the Inside Maturity Basket hereunder.
Examples of Inside Maturity Basket in a sentence
For the avoidance of doubt, the entire Revolving Facility established pursuant to Amendment No. 1 is incurred in reliance on the Inside Maturity Basket.
More Definitions of Inside Maturity Basket
Inside Maturity Basket means Indebtedness in an aggregate principal amount not to exceed $400,000,000 at any time outstanding, as designated by the Borrower from time to time.
Inside Maturity Basket has the meaning specified in Section 8.01(f).
Inside Maturity Basket means, with respect to Indebtedness, Disqualified Stock or Preferred Stock consisting of, at the Borrower’s option, any combination of New Loan Commitments, Incremental Equivalent Debt (other than Extendable Bridge Loans/Interim Debt), Specified Refinancing Debt, Extended Loans, Permitted Debt Exchange Notes, Refinancing Notes, Ratio Debt, Ratio Acquisitions Debt and/or Refinancing Indebtedness and/or any Permitted Refinancing of any of the foregoing (or successive Permitted Refinancings thereof), an aggregate principal amount and/or maximum fixed repurchase price equal to, when taken together with the aggregate outstanding principal amount of all other Indebtedness Incurred and the aggregate maximum fixed repurchase price of all Disqualified Stock and Preferred Stock issued in reliance on this definition and (without duplication) in reliance on the Inside Maturity Basket (under and as defined in the Second Lien Credit Agreement) on or prior to the date of Incurrence of any such Indebtedness or issuance of any such Disqualified Stock or Preferred Stock, the greater of (a) $204,000,000 and (b) 100.0% of Four Quarter Consolidated EBITDA.
Inside Maturity Basket means an aggregate principal amount not to exceed the greater of $63,000,000 and 25.0% of Trailing Four Quarter Consolidated EBITDA for all Indebtedness incurred in reliance on the Inside Maturity Basket.
Inside Maturity Basket with respect to any Indebtedness in the form of a revolving credit facility incurred in reliance on the Inside Maturity Basket, an aggregate amount of such Indebtedness at any time outstanding not exceeding $100,000,000. For the avoidance of doubt, the entire Revolving Facility established pursuant to Amendment No. 1 is incurred in reliance on the Inside Maturity Basket.
Inside Maturity Basket means, with respect to Indebtedness, Disqualified Stock or Preferred Stock consisting of, at the Parent Borrower’s option, any combination of New Loan Commitments, Incremental Equivalent Debt (other than Extendable Bridge Loans/Interim Debt), Specified Refinancing Debt, Extended Loans, Permitted Debt Exchange Notes, Refinancing Notes, Ratio Debt, Ratio Acquisitions Debt and/or Refinancing Indebtedness and/or any Permitted Refinancing of any of the foregoing (or successive Permitted Refinancings thereof), an aggregate principal amount and/or maximum fixed repurchase price equal to, when taken together with the aggregate outstanding principal amount of all other Indebtedness Incurred and the aggregate maximum fixed repurchase price of all Disqualified Stock and Preferred Stock issued in reliance on this definition on or prior to the date of Incurrence of any such Indebtedness or issuance of any such Disqualified Stock or Preferred Stock, the greater of (a) $188,000,000 and (b) 100.0% of Four Quarter Consolidated EBITDA.
Inside Maturity Basket means, (a) at the option of the Borrower (in its sole discretion), Indebtedness incurred in reliance on this clause (a) with a final maturity date prior to the earliest maturity date otherwise expressly required under this Agreement with respect to such Indebtedness and/or a Weighted Average Life to Maturity shorter than the minimum Weighted Average Life to Maturity otherwise expressly required under this Agreement with respect to such Indebtedness in an aggregate outstanding principal amount not to exceed the greater of (x) $521,000,000 and (y) 100% of Consolidated EBITDA (calculated on a Pro Forma Basis) for the most recently ended Test Period, (b) Indebtedness incurred in connection with a Permitted Acquisition or other investment, (c) Indebtedness that constitutes a customary term “A” loan facility as reasonably determined by the Borrower in good faith and (d) Indebtedness that constitutes Customary Bridge Loans (provided that, for the avoidance of doubt, any Indebtedness incurred or established under the General Debt Basket Reallocated Amount (or any Refinancing Indebtedness or Refinancing Loans or other Indebtedness or commitments, as applicable, that directly or indirectly refinances or replaces such Indebtedness or commitments incurred under the General Debt Basket Reallocated Amount) shall be permitted under the Inside Maturity Basket and shall be deemed not to utilize capacity under clause (a) of the Inside Maturity Basket).