Permitted Surviving Debt definition

Permitted Surviving Debt has the meaning specified in the definition of the “Transactions.”

Permitted Surviving Debt has the meaning specified in Section 4.01(c).

Permitted Surviving Debt means such indebtedness listed on Schedule 8.7.

Examples of Permitted Surviving Debt in a sentence

• The Administrative Agent shall have received an executed notice of borrowing for the funding of the Term Loan Facility and reasonably satisfactory confirmation of arrangements for the repayment of and release of liens with respect to all existing third-party indebtedness for borrowed money of the Borrowers and the Acquired Business (except for Permitted Surviving Debt).

• Immediately after giving effect to the Transactions, none of Parent, the Borrower or any other Subsidiary shall have outstanding any material third party Indebtedness for borrowed money, other than (i) Indebtedness incurred under the Loan Documents and (ii) Permitted Surviving Debt or Indebtedness otherwise permitted pursuant to Section 6.01.

• The Administrative Agent shall have received an executed notice of borrowing for the funding of the New Revolving Credit Facility and reasonably satisfactory confirmation of arrangements for the repayment of and release of liens with respect to all existing third-party indebtedness for borrowed money of the Borrowers and the Acquired Business (except for Permitted Surviving Debt).

More Definitions of Permitted Surviving Debt

Permitted Surviving Debt means any (i) purchase money Indebtedness with respect to fixed assets and Capital Lease Obligations of the Borrower and its Subsidiaries, or related to the Acquired Business, as applicable, existing on the Closing Date, (ii) Indebtedness permitted under Section 7.1(a)(xiii) of the Borrower and its Subsidiaries, or related to the Acquired Business, as applicable, existing on the Closing Date, and (iii) unsecured intercompany Indebtedness among the Borrower and its Subsidiaries.

Permitted Surviving Debt means collectively, together with any replacements, extensions and renewals of any such indebtedness that matures or will be terminated on or prior to the Closing Date: (i) indebtedness outstanding on the date of, and permitted to be incurred under, the Acquisition Agreement and, in each case, permitted to remain outstanding after the Closing Date under the Existing Credit Agreement, (ii) ordinary course capital leases, purchase money indebtedness, equipment financings and short-term working capital facilities and (iii) certain other indebtedness that Borrower and the Commitment Parties reasonably agree may remain outstanding after the Closing Date.

Permitted Surviving Debt means (i) purchase money Indebtedness, capital leases and equipment financings of Grand Design and its subsidiaries that will remain outstanding following the Effective Date, (ii) intercompany Indebtedness among Grand Design and its subsidiaries, (iii) any Indebtedness specifically contemplated by the Grand Design Purchase Agreement, as in effect on October 2, 2016, to remain outstanding following the Effective Date and (iv) other Indebtedness that is permitted to be outstanding following the Effective Date by the terms hereof.

Permitted Surviving Debt has the meaning assigned to such term in Section 6.01(b).

Permitted Surviving Debt means (i) purchase money Indebtedness, capital leases and equipment financings of the Borrower and its subsidiaries (including, without limitation, Xxxxxx Precision and its subsidiaries) that will remain outstanding following the Effective Date, (ii) intercompany Indebtedness among the Borrower and its subsidiaries (including, without limitation, Xxxxxx Precision and its subsidiaries), (iii) any Indebtedness specifically contemplated by the Xxxxxx Precision Merger Agreement, as in effect on December 22, 2017, to remain outstanding following the Effective Date and (iv) other Indebtedness that is permitted to be outstanding following the Effective Date by the terms hereof.

Permitted Surviving Debt as defined in Section 6.1(a).

Permitted Surviving Debt is defined in ‎Section 5.02(l).