Maximum indebtedness definition

Maximum indebtedness means the amount of the principal of indebtedness included in a plan pursuant to ORS 457.190 and does not include indebtedness incurred to refund or refinance existing indebtedness.

Maximum indebtedness means the amount of the principal of indebtedness included in a

Maximum indebtedness means the maximum principal amount of indebtedness that may be incurred by a plan pursuant to ORS 457.190 and does not include indebtedness incurred to refund or refinance existing indebtedness.

Examples of Maximum indebtedness in a sentence

• Maximum indebtedness is the maximum total cost that may be paid to the Company hereunder, including travel related costs, per year during the initial term of the Contract for the Work rendered under the terms of this Contract.

• Maximum indebtedness is the total amount of money that can be spent on projects, programs and administration throughout the life of the Plan.

• Maximum indebtedness is the amount of indebtedness secured by a pledge of tax increment revenue that can be spent on projects, programs and administration throughout the life of the Plan.

• Maximum indebtedness for a guaranteed loan is $1,355,000 (amount adjusted annually for inflation).The repayment term may vary, but typicallyit will not exceed seven years for intermediate-term purposes.

• Maximum indebtedness is a legal term for the total amount of money that can be spent on projects, programs, and administration throughout the life of the Plan.

More Definitions of Maximum indebtedness

Maximum indebtedness has the meaning specified in Section 10.9(c).

Maximum indebtedness means the maximum amount of indebtedness that may be issued under the Plan, as required by ORS 457.190. The Maximum Indebtedness is currently

Maximum indebtedness means the amount of the principal of indebtedness included in a plan pursuant to ORS 457.190 and does not include indebtedness incurred to refund or refinance existing indebtedness. It is the total amount of TIF revenue that may be spent on the principal amount of projects, programs, and administration throughout the life a plan.

Maximum indebtedness means $900,000,000.00. “O.C.G.A.” means the Official Code of Georgia Annotated in effect on the date of this Opinion Letter. “Opinion Recipient” means GSCP, as a Lender and as the Administrative Agent, together with the other Lenders signatory to the Credit Agreement from time to time. “Property” means the “Collateral” described and defined in the Security Deed. “Public Authority Documents” means certificates issued by a governmental office or agency such as the Secretary of State of the State, or by a private organization, which has access to and regularly reports on governmental files and records, as to a person’s or entity’s property or status.

Maximum indebtedness. None of the Loan Parties shall permit the Consolidated Total Debt of the Borrower, to exceed in the aggregate (i) US$120,000,000 (or its equivalent in other currencies) for the fiscal year ended December 31, 2011 and (ii) US$150,000,000 (or its equivalent in other currencies) thereafter, at any time outstanding, of which no more than US$120,000,000 (or its equivalent in other currencies) may be secured by any Property of any Loan Party or any of its Subsidiaries.”

Maximum indebtedness means $1,600,000,000.00.

Maximum indebtedness means the amount of the principal of indebtedness included in a plan pursuant to ORS 457.190 and does not include indebtedness incurred to refund or refinance existing indebtedness. The maximum indebtedness is the figure that is adopted by a city council