Permitted Existing Debt definition

Permitted Existing Debt means Indebtedness described on Schedule 7.02.
Permitted Existing Debt means the Debt of the Loan Parties outstanding immediately before the occurrence of the Effective Date and listed on Schedule 3.01(b) under the heading Permitted Existing Debt.
Permitted Existing Debt means the Debt existing on the date hereof and set forth in Schedule 6.9.

Examples of Permitted Existing Debt in a sentence

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  • The proceeds of the Facilities shall be used (i) to repay and/or refinance all Existing Debt (other than Permitted Existing Debt) of the Loan Parties, (ii) fund the Initial Growth Capex Reserve Account, (iii) pay accrued expenses and accounts payable and (iv) pay transaction fees and expenses incurred in connection with each of the Facilities and the ABL Facility.

  • The Administrative Agent shall be satisfied that all Existing Debt (other than Permitted Existing Debt) has been (or is contemporaneously being) prepaid, redeemed or defeased in full or otherwise satisfied and extinguished, including all interest, fees and other amounts accrued and unpaid in accordance with the payoff and related payoff letter, and all commitments relating thereto are (or are contemporaneously being) terminated.


More Definitions of Permitted Existing Debt

Permitted Existing Debt means the Debt of the Borrower or any of its subsidiaries reflected on Schedule 7.02(b).
Permitted Existing Debt means the Debt of the Company and its Subsidiaries identified as such on Schedule 10.1 to this Agreement.
Permitted Existing Debt. Indebtedness described on Schedule 8.2(d). -----------------------
Permitted Existing Debt means the Debt of the Borrower and its Subsidiaries set forth on Schedule 1.01 and any Debt of Wyeth or its Subsidiaries existing on the Funding Date and not incurred in contemplation of the Acquisition.
Permitted Existing Debt means the Company’s existing Debt described on Schedule 10.9.
Permitted Existing Debt. Debt of Parent and its Subsidiaries identified as such on Schedule 10.2.1.
Permitted Existing Debt means Indebtedness described on Schedule 7.02. “Permitted Refinancing Debt” means (w) in connection with any refinancing of the Second Lien Notes, new Indebtedness of the Borrower having terms (other than pricing, subject to the terms of the Prepetition Intercreditor Agreement, if applicable), taken as a whole, not materially less favorable to the Borrower than those applicable to the Second Lien Notes or otherwise on then market terms and conditions for comparable debt issuances, or for senior unsecured notes, as the case may be (in each case as determined in good faith by the Administrative Agent), or otherwise acceptable to the Required Lenders; provided that in no event shall such Indebtedness (a) amortize, or otherwise be subject to scheduled redemptions, repurchases or other payments of principal or have a final maturity date that is earlier than the date that is six (6) months after the Scheduled Termination Date, (b) require prepayments (or mandatory redemptions) in a manner more extensive than the Second Lien Notes, (c) contain maintenance or other springing or conditional financial covenants that are more restrictive than this Agreement, (d) be secured by Liens, if any, that are not subordinated to the Liens securing the Obligations in a manner at least as favorable to the Lenders as provided for in the Prepetition Intercreditor Agreement; provided that the Administrative Agent (at the direction of the Required Lenders in their sole discretion) may agree to enter into a new intercreditor agreement with the agent or trustee under such new Indebtedness that is entered into to refinance the Second Lien Notes to the extent such new intercreditor agreement is in form and substance satisfactory to the Required Lenders, or (e) contain other terms and conditions that are more restrictive, taken as a whole, than those under this Agreement (as determined in good faith by the Required Lenders);