Intercompany Indebtedness definition

Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.
Intercompany Indebtedness means Indebtedness owing by a Loan Party to another Loan Party.
Intercompany Indebtedness means Indebtedness of a Loan Party or Restricted Subsidiary owing to any Loan Party or Restricted Subsidiary.

Examples of Intercompany Indebtedness in a sentence

  • Such Credit Party shall not permit any of its Restricted Subsidiaries that are not Credit Parties (other than any Insurance Subsidiary) to incur any Indebtedness in an aggregate principal amount (for all such Restricted Subsidiaries) in excess of $250,000,000 (other than Operating Indebtedness, Indebtedness in respect of undrawn letters of credit, Non-Recourse Insurance Subsidiary Indebtedness or Intercompany Indebtedness).


More Definitions of Intercompany Indebtedness

Intercompany Indebtedness means Indebtedness to which the only parties are the Issuer, any of the Guarantors and any of their respective Subsidiaries (but only so long as such Indebtedness is held solely by any of the Issuer, any of the Guarantors and any of their respective Subsidiaries) that is subordinate in right of payment to the Securities.
Intercompany Indebtedness means any Indebtedness of the Borrower or any Restricted Subsidiary owed to and held by the Borrower or any Restricted Subsidiary; provided that the occurrence of any event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any subsequent transfer of such Indebtedness (other than to the Borrower or another Restricted Subsidiary) shall be deemed, in each case, to constitute a new incurrence of Indebtedness other than Intercompany Indebtedness by the issuer thereof.
Intercompany Indebtedness means Debt to which the only parties are the Operating Partnership and any of its Subsidiaries; provided, however, that with respect to any such Debt of which the Operating Partnership is the borrower, such Debt is subordinate in right of payment to the Notes.
Intercompany Indebtedness means Indebtedness payable by one Subsidiary to the Borrower or another Subsidiary.
Intercompany Indebtedness means Indebtedness to which the only parties are the Issuer, the Corporation and any Subsidiary (but only so long as such Indebtedness is held solely by any of the Issuer, the Corporation and any Subsidiary) that is subordinate in right of payment to the Notes.
Intercompany Indebtedness shall have the meaning specified in Section 4.11.
Intercompany Indebtedness means Indebtedness to which the only parties are any of the Operating Partnership and any Consolidated Subsidiary; provided, however, that with respect to any such Indebtedness of which the Operating Partnership or any Guarantor is the borrower or issuer, such Indebtedness is subordinate in right of payment to the Notes.