New Indebtedness definition

New Indebtedness has the meaning assigned to such term in the definition of Permitted Refinancing Indebtedness.
New Indebtedness means any principal and interest payable to the Holders under the Pari Passu Payment Lien Documents and any other obligations arising under Pari Passu Payment Lien Documents.
New Indebtedness means any Indebtedness (as defined in the Second Lien Indenture) other than the Closing Date Indebtedness;

Examples of New Indebtedness in a sentence

  • The Agent and its designees shall have thirty (30) days from the date of the Agent’s receipt of a ROFR Notice to agree to provide such additional Indebtedness pursuant to the New Indebtedness Opportunity.

  • The aggregate principal amount of all of the Reporto Contracts at any time when taken together with all Permitted New Indebtedness shall not exceed US$250,000,000 (or the US Dollar Equivalent thereof).

  • In order to mitigate, identify, prevent and reduce possibly emerging conflicts of interest, procedures and measures regarding conflicts of interest have been set up within the Custodian bank to ensure that in case of the emergence of a conflict of interest the interest of the Custodian will not be unfairly favoured.

  • Each of the Company and the other Grantors hereby confirm that attached hereto as Exhibit B is a true, correct and complete copy of the Accession Agreement which was executed and delivered in connection with the New Indebtedness.

  • Unless the Company has complied in full with Section 4(o) of the Securities Purchase Agreement with respect to the issuance of any New Indebtedness (the “ROFR”), the Company shall not, and the Company shall cause each of its Subsidiaries to not, directly or indirectly, incur or guarantee, assume or suffer to exist any Indebtedness (other than (i) the Indebtedness evidenced by this Note and the Other Notes and (ii) other Permitted Indebtedness).


More Definitions of New Indebtedness

New Indebtedness as defined in the definition ofConsolidated Leverage Ratio”.
New Indebtedness means, with respect to any Person, (i) all obligations of such Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, notes, debentures or other similar instruments, and (iii) all preferred stock issued by such Person which is redeemable, prior to full satisfaction of the Borrower's obligations under the Credit Documents (including repayment in full of the Loans and all interest accrued thereon), other than at the option of such Person, valued at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends, PROVIDED, HOWEVER, that New Indebtedness shall not include (a) new issuances of industrial revenue bonds or industrial development bonds which do not exceed an aggregate amount of $10,000,000 per issuance, and (b) any New Indebtedness defined in clauses (i) through
New Indebtedness shall have the meaning set forth in Section 7.9(h).
New Indebtedness includes any actual or contingent liability arising after the date of this agreement from (1) an extension of credit, (2) a guaranty of another's indebtedness or obligations, or (3) any other consensual transaction which creates in Borrower a direct or indirect obligation of future payment; New Indebtedness does not include, however, (i) indebtedness incurred in financing a New Customer Contract or a Modification, provided that such financing is permissible under Section 13A, (ii) indebtedness to vendors incurred in the ordinary course of business, provided that (a) the vendor's invoice is payable within ninety (90) days after the delivery of the goods or services, and (b) Borrower's payment of the invoice is not more than thirty (30) days overdue, unless Borrower is disputing the invoice in good faith, and (iii) indebtedness owed to Lender.
New Indebtedness is defined in clause (c) of the definition of "Change of Control."
New Indebtedness means any Indebtedness to be incurred by the Company after the date hereof.
New Indebtedness means any principal and interest payable to the Holders under the Other Second Priority Documents and any other obligations arising under Other Second Priority Documents.