Material Debt Instrument definition

Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to the Security Agreement.

Material Debt Instrument means any promissory note payable to, or in favor, of a Loan Party with an aggregate principal amount outstanding, in each case, of not less than $25,000,000.

Material Debt Instrument means any physical instrument evidencing obligations in excess of C$5,000,000.

Examples of Material Debt Instrument in a sentence

• The Administrative Agent (or its counsel) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by a transfer form endorsed in blank) by the pledgor thereof.

• The Administrative Agent (or its bailee) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock or similar power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.

• The Administrative Agent (or its counsel) shall have received (i) the certificates representing the Capital Stock required to be pledged pursuant to the Security Agreement, together with an undated stock power or similar instrument of transfer for each such certificate endorsed in blank by a duly authorized officer of the pledgor thereof, and (ii) each Material Debt Instrument (if any) endorsed (without recourse) in blank (or accompanied by an transfer form endorsed in blank) by the pledgor thereof.

• The Administrative Agent shall have received, with a copy for each Lender, true and correct copies, certified as to authenticity by the Company, of any Material Debt Instrument.

More Definitions of Material Debt Instrument

Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money with an individual outstanding principal amount in excess of $25,000 and which is required to be pledged and delivered to the Administrative Agent (or its bailee) pursuant to any Security Agreement.

Material Debt Instrument those agreements and other instruments of Indebtedness of the Borrowers listed on Schedule IV, which list shall include any such instrument under which any Borrower is an obligor and under which the outstanding amount and/or available commitment to extend credit exceeds $10,000,000.

Material Debt Instrument means any physical instrument evidencing any third party Indebtedness for borrowed money with an individual outstanding principal amount in excess of $25,000,000 and which is required to be pledged and delivered to the Senior Credit Agreement Collateral Agent (or its bailee) pursuant to any Security Document.

Material Debt Instrument means any promissory note payable to, or in favor, of a Loan Party with an aggregate principal amount outstanding, in each case, of not less than $20.0 million. “Maturity Date” means (a) with respect to the Initial Revolving Loans, the Initial Revolving Credit Maturity Date, (b) with respect to any Incremental Revolving Facility, the final maturity date set forth in the applicable Incremental Revolving Facility Amendment and (c) with respect to any Extended Revolving Credit Commitment, the final maturity date set forth in the applicable Extension Amendment.

Material Debt Instrument means any agreement or instrument to which a SF Party is a party from time to time in the capacity of a borrower or guarantor and which has obligations outstanding or unused commitments for borrowed money, in each case, in an aggregate amount greater than $50 million.

Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money owing from any Person other than any Note Party in excess of $5,000,000 which is required to be pledged and delivered to the Collateral Agent pursuant to the Canadian Security Agreement or U.S. Security Agreement, as applicable.

Material Debt Instrument means any physical instrument evidencing any Indebtedness for borrowed money which is required to be pledged to the Administrative Agent (or its bailee) pursuant to the Security Agreement. “Material Intellectual Property” means IP Rights that, individually or in the aggregate, are material to the operation of the business of Borrowers and their Restricted Subsidiaries, taken as a whole. “Material Real Estate Asset” means any “fee-owned” Real Estate Asset acquired by any Loan Party after the Closing Date having a fair market value (as reasonably determined by the Lead Borrower after taking into account any liabilities with respect thereto that impact such fair market value) in excess of $30,000,000. “Maturity Date” means (a) with respect to the Revolving Facility, the Revolving Credit Maturity Date, (b) as to any Replacement Revolving Facility incurred pursuant to Section 9.02(c), the final maturity date for such Replacement Revolving Facility, as the case may be, as set forth in the applicable Refinancing Amendment;