Off-Balance Sheet Liability definition
Examples of Off-Balance Sheet Liability in a sentence
None of the Borrowers will, nor will they permit any Subsidiary to, enter into or suffer to exist any Sale and Leaseback Transaction or any other Off-Balance Sheet Liability.
No Loan Party will, nor will it permit any Subsidiary to, enter into or suffer to exist any sale and leaseback transaction or any other Off-Balance Sheet Liability, except for obligations under any Swap Agreements permitted to be incurred under the terms of Section 6.05.
Neither Parent nor any Subsidiary has any obligation with respect to any Off-Balance Sheet Liability except as described on Schedule 7.4.
The principal balance outstanding under any Off-Balance Sheet Liability shall be determined based on the amount that would be deemed outstanding thereunder if such transaction was structured as a secured financing on balance sheet.
Neither Borrower nor any Subsidiary has any obligation with respect to any Off-Balance Sheet Liability except as described in Schedule 7.4.