Other Debt Obligations definition

Other Debt Obligations means all debts, liabilities, obligations, covenants and duties of any Loan Party or any of its Subsidiaries owed to United from time to time under (i) the United CPA, (ii) any aircraft leases, engine leases or other operating leases of any Loan Party or any of its Subsidiaries with United, and (iii) any agreement or instrument evidencing Indebtedness of any Loan Party or any of its Subsidiaries held by United (other than the Obligations), whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding.

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Other Debt Obligations has the meaning set forth in Section 3.1(d) ---------------------- hereof.

Other Debt Obligations contained in Section 1.01 of the Existing Agreement is hereby amended and restated in its entirety to read as follows:

Examples of Other Debt Obligations in a sentence

For the purpose of this Agreement, the term "Class" shall mean each class of Secured Creditors, i.e., whether (i) ----- ---- the Credit Facility Creditors as holders of the Credit Document Obligations, (ii) IRL Creditors as holders of IRL obligations, (iii) Additional Debt Creditors as holders of Additional Debt Obligations or (iv) the Other Debt Creditors as the holders of the Other Debt Obligations.
The Borrower may, by written notice -------------------------- to the Collateral Agent (any such notice, an "Other Debt Designation"), designate any obligations of Borrower or any of its Subsidiaries, Joint Ventures or Unrestricted Subsidiaries as Guaranteed Other Debt obligations and Other Debt Obligations under this Agreement, provided such designation is permitted under the Credit Agreement and the IRL Agreement.
Any Other Debt Designation shall specify all of the material economic terms of the obligation(s), the obligee(s) thereof, the principal documents evidencing and/or governing such obligation(s), and, if less than the entire amount of any obligation is so designated, the portion of such obligation(s) designated as Guaranteed Other Debt Obligations and Other Debt Obligations hereunder.
Upon the delivery of any such Other Debt Designation permitted under the Credit Agreement and the IRL Agreement, the obligations so designated therein shall thereupon be deemed to be Guaranteed Other Debt Obligations or Other Debt Obligations for all purposed of this Agreement.
No Credit Party shall grant or permit any additional Liens on any asset to secure the First Lien Obligations unless it has granted a Lien on a second priority basis on such assets to secure the Second Lien Permitted Other Debt Obligations.
This aggregate beneficial ownership percentage will increase proportionally if holders of Other Debt Obligations holding less than the full amount (in the aggregate) indicated in the introduction to this Term Sheet participate in the exchange outlined in subparagraph (b) of Section 1 above.
The Credit Agreement Obligations and the Pari Passu Permitted Other Debt Obligations (together with any hedging, and cash management and contingent indemnification obligations relating thereto).
No Credit Party shall grant or permit any additional Liens on any asset to secure the Second Lien Permitted Other Debt Obligations unless it has granted a Lien on a first priority basis on such assets to secure the First Lien Obligations.
NO NEW No Credit Party shall grant or permit any additional Liens on any asset to LIENS/SIMILAR LIENS: secure the Credit Agreement Obligations unless it has granted a Lien on a pari passu basis on such assets to secure the Pari Passu Permitted Other Debt Obligations.
RELEASES: Liens securing the Credit Agreement Obligations and the Pari Passu Permitted Other Debt Obligations will be released in connection with the enforcement of rights or remedies by the Collateral Agent as set forth above, and in the event the Liens on all or substantially all of the First Lien Collateral are being released, such release shall be consistent and in accordance with the Credit Agreement.

More Definitions of Other Debt Obligations

Other Debt Obligations means any Indebtedness (other than any Hedging Obligation) of the Borrower that is designated to be a "Secured Obligation" for purposes pursuant to, and subject to compliance with the requirements of, Section 9.16.

Other Debt Obligations means the Debt incurred prior to the Filing Date and outstanding under the Certificates, the Headquarters Loan Agreement and the reimbursement obligations relating to the Outstanding Letters of Credit.