Other Debt definition

Other Debt means the Subordinated Debt, the Senior Unsecured Debt, the Second Priority Debt.

Other Debt has the meaning assigned to that term in Section 6.16.

Other Debt means other Indebtedness of the Company that ranks pari passu with the Securities and requires that an offer to purchase such Other Debt be made upon consummation of an Asset Sale.

Examples of Other Debt in a sentence

• Lines of Credit and Other Debt Facilities The Company has access to various revolving lines of credit, short-term debt facilities and overdraft facilities worldwide which are used to fund short-term cash needs.

• Program agency equity is calculated and reported by FMB as the difference between the assets of the trust fund and the other payables received (Other Debt) and recorded by FMB from the program agencies responsible for the respective trust fund activity.

• The safe harbor to the Prohibition on Early Repayment of Other Debt is also a safe harbor to the Prohibition on Early Cancellation or Reduction of Other Existing Credit Lines.5.C. Ability to Meet Financial Obligations for 90 Days.

• Government Securities/Certain Other Debt Instruments: Trades in any direct obligations of the U.S. Government (including futures on U.S. Government obligations), bankers’ acceptances, bank certificates of deposit, commercial paper and repurchase agreements are not required to be pre-cleared.

• With respect to any Excess Proceeds, the Company shall make the Offer to Purchase in respect thereof at the same time as the analogous offer to purchase is made pursuant to any Other Debt and the Purchase Date in respect thereof shall be the same as the purchase date in respect thereof pursuant to any Other Debt.

More Definitions of Other Debt

Other Debt means any indebtedness of the Borrower other than (i) Indebtedness under the Revolving Facility and (ii) intercompany Indebtedness or Indebtedness owed to an Affiliate of the Borrower.

Other Debt means the “Debt” as defined in both the Project Loan Agreement, and the Mezzanine Loan Documents, if applicable.

Other Debt means (a) every liability, whether owing by only a Credit Party or by a Credit Party with one or more others in a several, joint or joint and several capacity, whether owing absolutely or contingently, whether created by note, overdraft, guaranty of payment or other contract or by quasi-contract, tort, statute or other operation of law, whether incurred directly to Agent or any Lender or any their respective affiliates or acquired by Agent or any Lender or any their respective affiliates by purchase, pledge or otherwise and whether participated to or from Agent or any Lender or any their respective affiliates in whole or in part, (b) all obligations and liabilities of Borrowers now existing or hereafter incurred under, arising out of or in connection with any Hedge Agreement entered into by any Credit Party with Agent or any Lender or any their respective affiliates, and (c) the Banking Services Obligations.

Other Debt see Section 4.16.

Other Debt has the meaning provided in Section 4.15.

Other Debt shall have the meaning provided in Section 10.7(a).

Other Debt means debt securities of the Company and its Subsidiaries, other than as expressly permitted by Section 8.5.