Permitted Funded Debt means, without duplication: (i) the Obligations; (ii) indebtedness of any Company to another Company; (iii) Subordinated Debt including the Shareholder Loans and the BDC Participation Loan; and (iv) Funded Debt of the Companies secured by Permitted Liens.
Permitted Funded Debt means, without duplication:
Permitted Funded Debt means, without duplication: (i) the Outstanding Principal Amount; (ii) indebtedness of the Borrower to each holder of a Bankers' Acceptance (and for greater certainty, the Borrower's contingent obligation to each Lender which has accepted a Bankers' Acceptance comprises part of the Outstanding Principal Amount); (iii) indebtedness of any Company to another Company; (iv) Subordinated Debt (for greater certainty including the Borrower’s indebtedness under the 2018 Convertible Debentures); (v) the Borrower’s indebtedness under the 2019 Convertible Notes; (vi) Funded Debt of the Companies secured by Permitted Liens; and (vii) Unsecured Subsidiaries’ Permitted Project Debt.
Examples of Permitted Funded Debt in a sentence
No Guarantees have been granted by any Company except for (i) Guarantees which comprise part of the Security; and (ii) Guarantees in respect of Permitted Funded Debt incurred by any other Company.
Create, incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur, assume or suffer to exist, any Funded Debt other than Permitted Funded Debt.
No Guarantees have been granted by any Company, except for (i) Guarantees which comprise part of the Security and (ii) Guarantees in respect of Permitted Funded Debt incurred by any other Company.
Create, incur, assume or permit any Funded Debt to remain outstanding, other than Permitted Funded Debt.
EV3 shall provide INVATEC with any reasonable support and INFORMATION as INVATEC may request in relation to any such legal proceeding, settlement or negotiation.
More Definitions of Permitted Funded Debt
Permitted Funded Debt means, without duplication: (i) the Accommodations Outstanding; (ii) indebtedness of the Parent to any one or more of its Subsidiaries or between Subsidiaries of the Parent; (iii) Subordinated Debt; (iv) Funded Debt of the Parent and its Subsidiaries secured by Permitted Liens; (v) the Verizon Liability and other similar liabilities to other carriers in an aggregate amount not to exceed $7,500,000 at any time; (vi) obligations under any guarantees which are considered to constitute Funded Debt, but only to the extent such guarantees are permitted pursuant to this Agreement; (vii) Capitalized Lease Obligations in an aggregate amount not to exceed $15,000,000 at any time; (viii) daylight loans incurred by the Borrower or any of its Subsidiaries to any Lender for bona fide tax planning or cash management purposes; (ix) indebtedness of any Person that becomes a subsidiary after the Closing Date; provided that (A) such indebtedness exists at the time such person becomes a subsidiary and is not created in contemplation of, or in connection with, such Person becoming a subsidiary and (B) the aggregate principal amount of indebtedness permitted by this part (ix) shall not exceed $5,000,000 at any time outstanding; and (x) other indebtedness in an amount not to exceed $2,500,000 at any time.
Permitted Funded Debt means, without duplication: (i) the Obligations; (ii) indebtedness of any Company to another Company; (iii) Subordinated Debt; (iv) indebtedness of any Company to Atlantic Canada Opportunities Agency not in excess of [Redacted: Threshold]; (v) indebtedness of the Companies secured by Permitted Liens; (vi) unsecured indebtedness of the Companies not exceeding an aggregate amount of [Redacted: Threshold]; and (vii) any guarantee by a Company of indebtedness of any other Company permitted under this Agreement.
Permitted Funded Debt means, without duplication: (i) the Obligations; (ii) indebtedness of any Company to another Company; (iii) Subordinated Debt; (iv) the Parent Subordinated Debt provided that the same constitutes Subordinated Debt, is unsecured, and is subject to the Parent Subordination Agreement; (v) Funded Debt of the Companies secured by Permitted Liens; (vi) obligations under any Guarantees which are considered to constitute Funded Debt, but only to the extent such Guarantees are permitted pursuant to this Agreement; (vii) Funded Debt in respect of corporate credit cards programs established by a financial institution other than BMO in an aggregate outstanding amount not to exceed [***] (or equivalent in foreign currency), (viii) unsecured Funded Debt not referred to elsewhere in this definition in an aggregate outstanding amount not to exceed [***]; (ix) indebtedness of Aphria under the APHA24 Convertible Notes provided that the obligations thereunder have not been redeemed or converted and that no Fundamental Change (as such term is defined in the APHA24 Convertible Notes indenture) requiring Aphria to repurchase the outstanding APHA24 Convertible Notes has occurred; and (ix) any other Funded Debt consented to in writing by the Lenders.
Permitted Funded Debt means, without duplication: (i) the Outstanding Advances; (iii) Funded Debt secured by Permitted Liens; (iv) Permitted Intercompany Debt; (v) Subordinated Debt and
Permitted Funded Debt means, without duplication: (i) the Accommodations Outstanding; (ii) indebtedness of any Tucows Group Entity to any one or more other Tucows Group Entity; (iii) Subordinated Debt; (iv) Funded Debt of any Tucows Group Entity secured by Permitted Liens; (v) the Verizon Liability and other similar liabilities to other carriers in an aggregate amount not to exceed $7,500,000 at any time; (vi) obligations under any guarantees which are considered to constitute Funded Debt, but only to the extent such guarantees are permitted pursuant to this Agreement; (vii) Capitalized Lease Obligations in an aggregate amount not to exceed $15,000,000 at any time; (viii) daylight loans incurred by any Tucows Group Entity to any Lender for bona fide tax planning or cash management purposes; (ix) indebtedness of any Person that becomes a subsidiary after the Closing Date; provided that (A) such indebtedness exists at the time such person becomes a subsidiary and is not created in contemplation of, or in connection with, such Person becoming a subsidiary and (B) the aggregate principal amount of indebtedness permitted by this part (ix) shall not exceed $5,000,000 at any time outstanding; (x) cash consolidation, cash management and credit card agreements and electronic fund transfer arrangements outside of North America entered into by any Tucows Group Entity with banks and financial institutions other than the Lenders and their respective Affiliates in an amount not to exceed $1,000,000; and (xi) other indebtedness in an amount not to exceed $2,500,000 at any time.
Permitted Funded Debt means (a) any Support Obligation of a Subsidiary in respect of Funded Debt of the Parent (or any other member of the Consolidated Group) if the obligor under such Support Obligation enters into the same (or equivalent) Support Obligation in respect of the Obligations and (b) any Funded Debt owed by any Subsidiary to the Borrower or any other Subsidiary.
Permitted Funded Debt means, without duplication: (i) the Obligations; (ii) indebtedness of any Company to another Company; (iii) Subordinated Debt; (iv) the Parent Subordinated Debt provided that the same constitutes Subordinated Debt, is unsecured, and is subject to the Parent Subordination Agreement; (v) Funded Debt of the Companies secured by Permitted Liens; (vi) obligations under any Guarantees which are considered to constitute Funded Debt, but only to the extent such Guarantees are permitted pursuant to this Agreement; (vii) Funded Debt in respect of corporate credit cards programs established by a financial institution other than BMO in an aggregate outstanding amount not to exceed _______________ (or equivalent in foreign currency), (viii) unsecured Funded Debt not referred to elsewhere in this definition in an aggregate outstanding amount not to exceed ________________________; and (ix) any other Funded Debt consented to in writing by the Lenders.