Other Borrowings definition
Other Borrowings means, without duplication (but not including the Indebtedness or any Transaction Costs payable in connection with the Transactions), (i) all indebtedness of any Borrower for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of any Borrower evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of any Borrower and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all indebtedness of any Borrower secured by a Lien on any property owned by any Borrower whether or not such indebtedness has been assumed, (v) all Contingent Obligations of any Borrower, and (vi) all payment obligations of any Borrower under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Other Borrowings means, with respect to Borrower, without duplication (but not including the Indebtedness or any interest rate protection agreement entered into pursuant hereto) (i) all indebtedness of Borrower for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of Borrower evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of Borrower and, without duplication, all unreimbursed amounts drawn thereunder, and obligations evidenced by bankers’ acceptances, (iv) all indebtedness of Borrower secured by a Lien on any property owned by Borrower (whether or not such indebtedness has been assumed), (v) all Contingent Obligations of Borrower, (vi) liabilities and obligations for the payment of money relating to a capitalized lease obligation or sale/leaseback obligation, (vii) liabilities and obligations representing the balance deferred and unpaid of the purchase price of any property or services, except those incurred in the ordinary course of Borrower’s business that would constitute ordinarily a trade payable to trade creditors, and (viii) all payment obligations of Borrower, if any, under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Other Borrowings means, with respect to Borrower, without duplication (but not including the Indebtedness or any interest rate protection agreement entered into pursuant hereto) (i) all indebtedness of Borrower for borrowed money, (ii) all indebtedness of Borrower evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of Borrower and, without duplication, all unreimbursed amounts drawn thereunder, and obligations evidenced by bankers’ acceptances, (iv) all indebtedness of Borrower secured by a Lien on any property owned by Borrower (whether or not such indebtedness has been assumed), (v) all Contingent Obligations of Borrower, (vi) liabilities and obligations for the payment of money relating to a capitalized lease obligation or sale/leaseback obligation, (vii) liabilities and obligations representing the balance deferred and unpaid of the purchase price of any property or services, except those incurred in the ordinary course of business that would constitute ordinarily a trade payable to trade creditors, and (viii) all payment obligations of Borrower under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Examples of Other Borrowings in a sentence
Incur, create, assume, become or be liable in any manner with respect to Other Borrowings.
As of the Closing Date, Borrower has no Other Borrowings other than trade debt expressly permitted under Article VIII of this Agreement.
Incur, create, assume, become or be liable in any manner with respect to Other Borrowings, other than the Crossed Loans.
Incur, create, assume, become or be liable or allow any member of the Borrower Control Group to become or be liable in any manner with respect to Other Borrowings, except the Indebtedness, the Permitted Indebtedness and any Transaction Costs payable in connection with the Transactions.
Other than the Loan Documents, Borrower and its assets shall not be subject to any Other Borrowings, and Borrower shall not enter into any agreement, instrument or undertaking by which it or its assets are bound, except for incurring liabilities, not material in the aggregate, that are incidental to its activities as an owner of Collateral.
More Definitions of Other Borrowings
Other Borrowings means, without duplication (but not including the Indebtedness or any Transaction Costs payable in connection with the Transactions), (i) all indebtedness of Borrower for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of Borrower evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of Borrower and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all indebtedness of Borrower secured by a Lien on any property owned by Borrower whether or not such indebtedness has been assumed, (v) all Contingent Obligations of Borrower, and (vi) all payment obligations of Borrower under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Other Borrowings means, with respect to Borrower, without duplication (but not including the Indebtedness)
Other Borrowings means, as to a specified Person, without duplication, (i) all indebtedness of such Person for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of such Person evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of such Person and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all indebtedness of such Person secured by a Lien on any property owned by such Person whether or not such indebtedness has been assumed, (v) all Contingent Obligations of such Person, and (vi) all payment obligations of such Person under any interest rate protection agreement (including any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Other Borrowings means, the Other Borrowings for two (2) or more Borrowers or all of the Borrowers.
Other Borrowings means, with respect to Operator or Borrower, as ---------------- applicable, without duplication (but not including the Indebtedness or any Transaction Costs payable in connection with the Transactions), (i) all indebtedness of Borrower or Operator, as applicable, for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of Borrower or Operator, as applicable, evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of Borrower or Operator, as applicable, and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all indebtedness of Borrower or Operator, as applicable, secured by a Lien on any property owned by Borrower or Operator, as applicable, whether or not such indebtedness has been assumed, (v) all Contingent Obligations of Borrower or Operator, as applicable, and (vi) all payment obligations of Borrower or Operator, as applicable, under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars or similar agreements) and similar agreements.
Other Borrowings means, with respect to a Borrower, without duplication (but not including the Indebtedness or any deferred fees payable in connection with the Transactions) (i) all indebtedness of such Borrower for borrowed money or for the deferred purchase price of property or services, (ii) all indebtedness of such Borrower evidenced by a note, bond, debenture or similar instrument, (iii) the face amount of all letters of credit issued for the account of such Borrower and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all indebtedness of such Borrower secured by a Lien on any property owned by such Borrower whether or not such indebtedness has been assumed and (v) all Contingent Obligations of such Borrower.
Other Borrowings means all Borrowings other than Offer Borrowings, being Borrowings to fund (i) the working capital and general corporate needs of the Company and its Subsidiaries and (ii) fees and expenses related to the Acquisition.