Examples of Permitted Borrowing in a sentence

The General Partner shall not be entitled to borrow on behalf of the Limited Partnership, or on its own behalf, or to grant Encumbrances against any of the assets of the Limited Partnership without the prior written approval of the City and OSEG pursuant to the Stadium Shareholder’s Agreement, with the exception of the Permitted Borrowing and as otherwise permitted or required under the Project Agreement or the Stadium Lease.

More Definitions of Permitted Borrowing

Permitted Borrowing means the operating line of credit and purchase money security interests contemplated in Section 25.8(b)(v) of the Project Agreement;

Permitted Borrowing means any Financial Indebtedness permitted under Clause 25.4 (Financial Indebtedness) of the Senior Facilities Agreement or upon its repayment in full and cancellation of all undrawn commitments thereunder such equivalent provision in the Relevant Facilities Agreement;

Permitted Borrowing means loans obtained by Consolidated Companies from lenders other than the Bank from time to time not exceeding

Permitted Borrowing means non-revolving Indebtedness for Money ------------------- Borrowed incurred by Weeks Corporation or Borrower (a) which is neither secured by a Lien on any Property Interest of Borrower or any Consolidated Entity nor subject to an agreement that it shall be secured, upon the lapse of time, the occurrence of any event, the failure to satisfy any condition, or otherwise, by a Lien on any Property Interest of Borrower or any Consolidated Entity, (b) which matures not less than one year after the date it shall have been made, (c) which, if evidenced by a security (within the meaning of applicable federal securities laws and state Blue Sky laws), is evidenced by a security issued in a private placement, public offering or otherwise made in compliance with all applicable federal securities laws and state Blue Sky laws, and (d) which has a payment seniority no higher than that of the Loan.

Permitted Borrowing means without double-counting, any: advance to Project Co under the Senior Funding Agreements, provided that such advance is not made under any Committed Standby Facility; Additional Permitted Borrowing; advance to Project Co under any Committed Standby Facility which is made solely for the purpose of funding any cost overruns, increased expenses or loss of revenue which Project Co incurs, provided that such funds are not used in substitution for other sources of committed funding designated for those purposes; and interest and, in respect of the original Senior Funding Agreements only (as entered into at the date of this Agreement, prior to any subsequent amendment), other amounts accrued or payable under the terms of such original Senior Funding Agreements, except where the amount referred to in paragraphs (a) to (d) above is or is being used to fund a payment of Default Interest on any Additional Permitted Borrowing [“Phase”] [means, as the context may require, Phase 1 and/or Phase 2 as described in Schedule Part [ ] and "Phases" shall be construed accordingly]

Permitted Borrowing means any Financial Indebtedness permitted under clause 25.4 (Financial Indebtedness) of the Senior Facilities Agreement or upon its repayment in full and cancellation of all undrawn commitments thereunder such equivalent provision in the Relevant Facilities Agreement;

Permitted Borrowing means at any time after the Signature Date, any advance made to the Private Party under the Financing Agreements for the purpose(s) specified therein;