Purchased Debt definition

Purchased Debt means a Debt purchased by the Lender from the Borrower under the Facility pursuant to the Letter of Offer; and

Purchased Debt shall have the meaning ascribed to it in the Introduction of this Agreement.

Purchased Debt means all indebtedness owing by any member of the Corporations to the Affiliates of the Vendors as of the Time of Closing. The amount and material terms of the Purchased Debt outstanding as of the Execution Date is set out in the Purchased Debt Assignment Agreement.

Examples of Purchased Debt in a sentence

• If any Purchase Agreement provides for sales of Purchased Debt Securities pursuant to delayed delivery contracts, the Company authorizes the Purchasers to solicit offers to purchase Contract Debt Securities pursuant to delayed delivery contracts substantially in the form of Schedule I attached hereto (the "Delayed Delivery Contracts") with such changes therein as the Company may approve.

• On the Closing Date the Company will pay, as compensation, to the Representatives for the accounts of the Underwriters, the fee set forth in such Terms Agreement in respect of the principal amount of Purchased Debt Securities and number of Debt Warrants to be sold pursuant to Delayed Delivery Contracts ("Contract Securities").

• If the Terms Agreement provides for sales of Purchased Debt Securities or Debt Warrants pursuant to delayed delivery contracts, the Company authorizes the Underwriters to solicit offers to purchase Purchased Debt Securities or Debt Warrants pursuant to delayed delivery contracts substantially in the form of Annex I attached hereto ("Delayed Delivery Contracts") with such changes therein as the Company may authorize or approve.

• The Company will advise the Representatives not later than the business day prior to the Closing Date of the Purchased Debt Securities and Debt Warrants that are the Contract Securities.

• The Debt Securities referred to in Schedule A of the Purchase Agreement are hereinafter referred to as the "Purchased Debt Securities." The firm or firms, as the case may be, which agree to purchase the Purchased Debt Securities are hereinafter referred to as the "Purchasers" of such Purchased Debt Securities.

More Definitions of Purchased Debt

Purchased Debt means 80.1% of the Intercompany Debt.

Purchased Debt refers to the Third-Party Debt acquired by the Purchaser from the Creditor.

Purchased Debt means a Debt which has been Assigned to the Bank pursuant to this Agreement or a Debt purported to be Assigned to the Bank pursuant to this Agreement but which Assignment was ineffective for any reason;

Purchased Debt has the meaning set forth in Section 2.16 hereof.

Purchased Debt has the meaning specified in the Recitals. “Purchased Debentures” has the meaning specified in the Recitals. “Purchased Notes” has the meaning specified in the Recitals. “Purchaser” has the meaning specified in the Recitals.

Purchased Debt shall have the meaning specified in the recitals hereto.

Purchased Debt means the Indebtedness under the Existing Credit Facilities purchased by the Lenders.