Permitted Debt means any Financial Indebtedness:
Permitted Debt has the meaning assigned to such term in Section 4.06.
Permitted Debt has the meaning specified in Section 7.01.
Examples of Permitted Debt in a sentence
Cashless Rollovers and Permitted Debt Exchanges shall not constitute a voluntary or mandatory payment or prepayment of any Loans and may be effected pursuant to such procedures, conditions and qualifications as the Borrower may require.
More Definitions of Permitted Debt
Permitted Debt has the meaning set forth in Section 6.1.
Permitted Debt means the following:
Permitted Debt has the meaning set forth in Section 4.09(b).
Permitted Debt is defined to include the following:
Permitted Debt as defined in Section 6.2(b).
Permitted Debt means (a) Indebtedness of Borrower or any Subsidiary from a Person other than Lender (other than any Indebtedness of Borrower or any Subsidiary to the Designated Subsidiary) on an unsecured and subordinated basis if (i) a subordination agreement in favor of Lender and in form and substance satisfactory to Lender is executed and delivered to Lender relative thereto and (ii) no Event of Default shall have occurred and be continuing or will occur after giving effect to the issuance or incurrence of such Indebtedness; (b) unsecured Indebtedness of Borrower or any Subsidiary to trade creditors in the ordinary course of business which are (i) not more than 90 days overdue or (ii) being contested in good faith by appropriate proceedings; (c) Permitted Capitalized Lease Obligations; (d) any purchase money obligations of Borrower for vehicle loans existing as of the date hereof as listed on Schedule 1-A; provided, that in each case, such purchase money obligation is secured solely by the applicable vehicle financed thereby; (e) any other purchase money obligations of Borrower which do not exceed, in the aggregate, $1,000,000 during any Fiscal Year; (f) the obligations of Borrower or any Subsidiary in respect of taxable industrial revenue bonds issued by the City of Albuquerque, New Mexico, on substantially similar terms as Borrower’s and its Subsidiaries’ obligations in respect of those certain Series 1998 and Series 2000 Taxable Industrial Revenue Bonds, so long as no “Event of Default” (as defined therein) has occurred or is continuing; and (g) Permitted Capital Contribution Loans.
Permitted Debt means: