Original Indebtedness definition

Original Indebtedness has the meaning assigned to such term in Section 6.01(f).

Original Indebtedness has the meaning set forth in the definition of “Refinancing Indebtedness”.

Original Indebtedness has the meaning assigned to it in Section 6.01.

Examples of Original Indebtedness in a sentence

• There are three types of breast pumps: hospital- grade electric pumps, personal electric pumps, and manual pumps.

• Upon such advance of all or part of the Facility, any default or event of default in respect of the Original Indebtedness, if any, shall be deemed irrevocably waived.

• All or part of the Facility may be advanced and funded on the date hereof as a partial credit against the Original Indebtedness.

• The indebtedness evidenced by the Original Note (the “Original Indebtedness”) is continuing indebtedness of the Borrower and all such outstanding Original Indebtedness is hereby transferred to, and deemed to be outstanding under, this Note, and the Original Note shall be deemed to have been cancelled as of the date of this Note.

• The purpose of the Facility is to extend a portion of the Original Indebtedness; provided, however, that subsequent advances under the Facility may be made for purposes of working capital.

More Definitions of Original Indebtedness

Original Indebtedness shall have the meaning set forth in the definition of “Permitted Refinancing.”

Original Indebtedness means Indebtedness permitted by this Agreement that is extended, refinanced or replaced.

Original Indebtedness has the meaning set forth in the definition of “Permitted Replacement Indebtedness Facility”.

Original Indebtedness is defined under Section 7.8(f).

Original Indebtedness if: (1) the Refinance Indebtedness does not increase the principal amount or interest rate of the Original Indebtedness; (2) any Liens securing that Refinance Indebtedness are not extended to any additional property; (3) no Loan Party or any Subsidiary that was not originally obligated to repay that Original Indebtedness becomes obligated for that Refinance Indebtedness; (4) the Refinance Indebtedness does not shorten the average weighted maturity of the Original Indebtedness; (5) the terms of the Refinance Indebtedness are not less favorable to the obligor than the original terms of the Original Indebtedness; and (6) if the Original Indebtedness was subordinated in right of payment to the Obligations, then the terms and conditions of the Refinance Indebtedness must include subordination terms and conditions that are at least as favorable to Lender as those that applied to the Original Indebtedness.

Original Indebtedness has the meaning given that term in 10.1.(xiv).

Original Indebtedness has the meaning set forth in the Recitals.