Prepayment Debt Incurrence definition

Prepayment Debt Incurrence means any incurrence of Indebtedness for borrowed money by the Borrower or any of its Subsidiaries other than (i) Indebtedness incurred pursuant to the Term Loan Credit Agreement or any Senior Notes issued prior to the date hereof, (ii) any Indebtedness owed to the Borrower or any of its Subsidiaries, (iii) any Indebtedness of the Borrower or any of its Subsidiaries incurred under the Revolving Credit Agreement either (x) in the ordinary course of business, (y) to pay Transaction Costs, including any fees under the Fee Letter, or (z) subject to pro forma compliance with Section 7.05, otherwise (other than to fund any portion of the Acquisition Cash Consideration) (iv) other incurrences of Indebtedness not to exceed $50,000,000 in the aggregate, and (v) to the extent constituting Indebtedness for borrowed money, Capital Lease Obligations and Attributable Indebtedness constituting Securitization Transactions or Synthetic Leases.
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Prepayment Debt Incurrence means any incurrence of Indebtedness for borrowed money by the Borrower or any of its Subsidiaries other than (a) any intercompany debt of the Borrower or any of its Subsidiaries, (b) any Indebtedness of the Borrower or any of its Subsidiaries incurred under the Existing Credit Agreement, including, without limitation, the issuance of any letters of credit thereunder, (c) any commercial paper issued by the Borrower or any of its Subsidiaries in the ordinary course of business and (d) short-term working capital facilities and ordinary-course capital lease, purchase money and equipment financings by the Borrower or any of its Subsidiaries.
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Prepayment Debt Incurrence means the incurrence by any KOF Company of any Debt, other than Debt described in clauses (i) or (iii) through (vi), inclusive, of Section 6.12.
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More Definitions of Prepayment Debt Incurrence

Prepayment Debt Incurrence means any incurrence by the Borrower or any of its Subsidiaries of (a) any Indebtedness for borrowed money that is not permitted pursuant to Section 6.03 or (b) any Permitted Refinancing Indebtedness.
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Prepayment Debt Incurrence means any incurrence of Indebtedness for borrowed money by the Borrower or any of its Subsidiaries (including, without limitation, any Senior Notes) other than (i) any intercompany debt of the Borrower or any of its Subsidiaries,
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Prepayment Debt Incurrence means any incurrence of Indebtedness for borrowed money by the Borrower or any of its Subsidiaries (including, without limitation, any Senior Notes) other than (i) any intercompany debt of the Borrower or any of its Subsidiaries, (ii) any Indebtedness of the Borrower or any of its Subsidiaries incurred under the Existing Credit Agreement (w) in the ordinary course of business, including, without limitation, the issuance of any letters of credit thereunder, (x) for the purpose of funding the xxxxxxx money deposit due under Section 2 of the Purchase and Sale Agreement on or about the date of the execution thereof, (y) without duplication of the preceding clause (x), for the purpose of financing the Acquisition, including financing Transaction Costs, in an aggregate principal amount not to exceed $200,000,000, or (z) for the purpose of financing the Statoil Acquisition and the WPX Acquisition, in an aggregate principal amount not to exceed $700,000,000 (but, for the avoidance of doubt, all other Indebtedness incurred under the Existing Credit Agreement for the purpose of financing (A) the Acquisition, including financing Transaction Costs, (B) the Statoil Acquisition or (C) the WPX Acquisition (except as explicitly permitted above) shall be subject to any prepayment requirement under Section 2.11(b)), (iii) any commercial paper issued by the Borrower or any of its Subsidiaries in the ordinary course of business and (iv) short-term working capital facilities and ordinary-course capital lease, purchase money and equipment financings by the Borrower or any of its Subsidiaries.
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Related to Prepayment Debt Incurrence

  • Debt Incurrence means any issuance or sale by the Borrower or any of its Subsidiaries of any Debt after the Closing Date other than Permitted Debt.

  • Debt Incurrence Prepayment Event means any issuance or incurrence by the Borrower or any of the Restricted Subsidiaries of any Indebtedness (excluding any Indebtedness permitted to be issued or incurred under Section 10.1 other than Section 10.1(w)(i)).

  • Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, renew, refund, refinance, replace, defease or discharge other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that:

  • Principal Prepayment in Full Any Principal Prepayment made by a Mortgagor of the entire principal balance of a Mortgage Loan.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Specified Refinancing Debt has the meaning specified in Section 2.18(a).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Principal Prepayment Period The month preceding the month in which the related Remittance Date occurs.

  • Prepayment Period With respect to any Distribution Date, the calendar month preceding the calendar month in which such Distribution Date occurs.

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Permitted Refinancing Debt means any Debt that Refinances any other Debt, including any successive Refinancings, so long as:

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”