Real Estate Debt means, on the basis of the consolidated financial statements of the Issuer, the sum of:
Real Estate Debt means (a) any debt or obligations of the Company or any of its Subsidiaries in whole or in part secured by interests in real property, including the NML Loan and extensions, renewals and refinancings of such Debt and (b) any Guarantee Obligations of the Company with respect to the Debt of any Centene Plaza Subsidiary and extensions, renewals and refinancings of such Debt; provided that such Debt (with respect to which the Company has Guarantee Obligations) is used solely to finance or refinance a Centene Plaza Project.
Real Estate Debt means any Debt incurred to acquire or improve real estate used or to be used by the Company or its Subsidiaries in their businesses and secured by Liens on such real estate, improvements and fixtures (which Liens attach solely to such real estate and improvements (and any fixtures thereon) and to no other property).
Examples of Real Estate Debt in a sentence
Not permit the ratio of Funded Debt (less Debt under Dealer Financings and Real Estate Debt) to Stockholders’ Equity of the Company to be greater than 1.3:1 at any time.
More Definitions of Real Estate Debt
Real Estate Debt means secured Indebtedness in a principal amount of $50,000,000 of OSH Properties LLC, pursuant to the Real Estate Credit Agreement.
Real Estate Debt means (a) any Debt or obligations of the Company or any of its Subsidiaries in whole or in part secured by interests in real property and extensions, renewals and refinancings of such Debt and (b) any Guarantee Obligations of the Company with respect to the Debt of any Centene Plaza Subsidiary or Centene Campus Subsidiary and extensions, renewals and refinancings of such Debt; provided that such Debt (with respect to which the Company has Guarantee Obligations) is used solely to finance or refinance a Centene Plaza Project or a Centene Campus Project.
Real Estate Debt means (a) any debt or obligations of the Company or any of its Subsidiaries in whole or in part secured by interests in real property, including, but not limited to, the NML Loan and the Other Bank Loan and extensions, renewals and refinancings of such Debt and (b) Indirect Obligations of the Company with respect to the Debt of the Centene Plaza Subsidiary or the Centene Plaza Phase II Subsidiary and extensions, renewals and refinancings of such Debt of the Centene Plaza Subsidiary or the Centene Plaza Phase II Subsidiary; provided that such Debt of the Centene Plaza Subsidiary or the Centene Plaza Phase II Subsidiary (with respect to which the Company has Indirect Obligations) is used solely to finance the Centene Plaza Project or the Centene Plaza Phase II Project.
Real Estate Debt means any and all indebtedness and obligations for borrowed money (including, without limitation, principal, premium (if any), interest, fees, charges, expenses, costs, professional fees and expenses, and reimbursement obligations), in an aggregate principal amount not at any time exceeding Fifteen Million Dollars ($15,000,000.00), at any time owing by Borrower to Real Estate Creditor under the Real Estate Loan Documents, including but not limited to such amounts as may accrue or be incurred before or after default or workout or the commencement of any liquidation, dissolution, bankruptcy, receivership, or reorganization case by or against Borrower.
Real Estate Debt means, on a given date, for the Issuer or any Subsidiary, the amount of Net Debt the sole purpose of which is to finance or refinance the acquisition, development and/or the implementation of real estate transactions, including without limitation bridge loans (crédit-relais), mid-term or long-term loans or credit facilities and real estate financial leases (credits-bails immobiliers).
Real Estate Debt means the amounts of an aggregate amount of approximately Rs. 14,000,00,00,000/- (Rupees Fourteen Thousand Crore only) forming part of the Existing Loans, and which does not and shall not fall within the ambit of this Agreement.”
Real Estate Debt is defined in Section 16.1.