Parent Debt means any Financial Indebtedness of the Ultimate Parent or one or more of its Subsidiaries (other than a member of the Bank Group).
Parent Debt means (i) the $13 Million Obligation, and (ii) the $18 Million Obligation.
Parent Debt means Financial Indebtedness owed by the Issuer to the Parent and which constitutes Parent Liabilities. “Parent Liabilities” has the meaning given to that term in the Intercreditor Agreement.
Examples of Parent Debt in a sentence
No Loan Party shall have any Indebtedness for borrowed money other than Indebtedness created by or permitted pursuant to this Agreement and the Parent Debt.
The Administrative Agent shall have received one or more certificates from Parent, dated as of the Closing Date and signed by a senior executive officer of Parent, to the effect that (i) all guarantees made by the Borrower and any of its subsidiaries pursuant to the Parent Debt will be released upon the occurrence of the Spin-Off and (ii) the Spin-Off is permitted under the Parent Debt Documents.
More Definitions of Parent Debt
Parent Debt means all Indebtedness pursuant to the Parent Debt Documents.
Parent Debt. ’ means Financial Indebtedness owed by the Issuer to the Parent and which constitutes Parent Liabilities.
Parent Debt means all obligations of Ondas Holdings Inc., a Nevada corporation (“Parent”), under and pursuant to that certain Securities Purchase Agreement dated as of October 26, 2022 by and among Parent and each of the “Buyers” from time to time party thereto, as the same may be amended, restated, modified or supplemented from time to time in accordance with its terms.
Parent Debt means any indebtedness of any member of the Group owed to any direct or indirect shareholders of Issuer;
Parent Debt means, as of any date and without duplication, all Indebtedness of the Borrower as of such date, but excluding (to the extent included therein) (i) all Indebtedness of Subsidiaries of the Borrower and (ii) any Indebtedness that consists of deferred purchase price arising from any acquisition, but only to the extent such Indebtedness is contractually required to be paid solely in the form of common stock of the Borrower.
Parent Debt means all Indebtedness of the Parent, including under the 9 3/4% Senior Notes and the 10 1/2% Senior Notes.