Repayment Debt definition

Repayment Debt means the Indebtedness of the Company held by third parties and intercompany Indebtedness, in each case, extinguished at or prior to the Closing pursuant to Section ‎5.16, as set forth on Section ‎1.1(c) of the Seller Disclosure Letter.
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Repayment Debt means the amount of Financial Debt owed by the Company to a member of the Retained Group or to a financial institution immediately prior to Completion, such amount not to exceed £6,000,000,000 in aggregate;
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Repayment Debt means the Indebtedness of the Company and its Subsidiaries identified in Section 5.16(a) of the Parent Disclosure Letter.
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Examples of Repayment Debt in a sentence

  • Seller shall, and shall cause its applicable Subsidiaries to, deliver all notices and take other actions required to facilitate (a) the termination of commitments in respect of the Repayment Debt at or prior to the Closing Date, (b) repayment in full of all obligations in respect of such Repayment Debt at or prior to the Closing Date and (c) release of any Encumbrances and guarantees in connection therewith at or prior to the Closing Date.

  • Loan Repayment: Debt may be repaid in whole or in part at any time while an Insured is living and this Policy is in force.

  • Loan Repayment: Debt may be repaid in whole or in part at any time while the Insured is living and this Policy is in force.

  • As of any date on which Lender acquires any PZE ADRS pursuant to the terms of the Repayment Debt or Pampa ADRS in connection with any Exchange Offer or Merger, such PZE ADRS (and the underlying PZE shares) or Pampa ADRs (and the underlying shares of Borrower), as applicable, are or will be duly and validly authorized and issued by PZE or Borrower, as applicable (or the ADS depositary therefor in each case), and fully paid and nonassessable.

  • The Repayment Debt shall be subordinated to the Bridge Loans on substantially the same terms as Section 9 of the Agreement, and Lender shall not be entitled to receive any payments in cash under the Repayment Debt prior to the repayment in full of the Bridge Loans.

  • Set forth below is a summary of the principal terms and conditions of the Repayment Debt as it is to be modified and amended pursuant to Section 4(b) of this Agreement.

  • The main risk factors, together with the extent of County Government exposure, are discussed below.2.5.1. Repayment (Debt Service Cost) Risk Servicing debt is the primary concern for debt management.

  • DSCR= (Net profit after Tax + Interest on TL + Depreciation) (Interest on term loan + Term loan Repayment) Debt service coverage ratio sensitivity is found by find DSCR over the loan period with present profitability, 5% reduction in total income, 10% reduction in total income, 15% reduction in total income, 5% increase in COGS and 10% increase in COGS.

  • The real minimum wage is calculated as the nominal minimum wage divided by provincial CPI level (please see Table 2 in the Appendix).3 Because panel data of firm was available, it was possible to exploit the variation of employment and average salary within firms and over time in a firm fixed effects specification.

  • On the Closing Date, Weatherford shall cause the Repayment Debt to be paid in full by or on behalf of the Company, and all obligations of the Company for such obligations shall have been released to the satisfaction of Weatherford; provided, the repayment of the Term C Note shall be made through the issuance of shares of common stock of Weatherford to the holders of the Term C Note, which shares will have a value of $1,633,614.05 based on the Average Closing Price (the "Term C Shares").


More Definitions of Repayment Debt

Repayment Debt means (i) the 8.0% Senior Unsecured Notes due 2018 of the Company and (ii) the 7.750% Senior Notes due 2019 of Vanguard Health Holding Company II, LLC and Vanguard Holding Company II, Inc.;
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Repayment Debt means principal, interest, fees and expenses payable with respect to indebtedness under the Revolving Note, the Term A Note and the Term C Note, including all costs and expenses incurred in connection with the repayment, termination or acceleration of any of the foregoing.
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Repayment Debt means (w) that certain Amended and Restated Credit Agreement, dated as of April 2, 2014, by and among the Company, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, (x) that certain Loan Agreement, dated as of May 2, 2014, by and among the Company, the lenders party thereto, and The Bank Of Tokyo-Mitsubishi UFJ, Ltd., as administrative agent, (y) that certain Amended and Restated Credit Agreement, dated as of April 2, 2014, by and among HECO, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, and (z) any other Indebtedness of the Company or any Company Subsidiary identified by Parent in writing at least ten (10) days prior to the Closing Date. A “Subsidiary” of any Person means another Person, an amount of the voting securities, other voting ownership or voting partnership interests of which is sufficient to elect at least a majority of its board of directors or other governing body (or, if there are no such voting interests, more than fifty percent (50%) of the equity interests of which) is owned directly or indirectly by such first Person.
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Repayment Debt has the meaning set forth in Clause 6.6;
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Repayment Debt means (w) that certain Amended and Restated Credit Agreement, dated as of April 2, 2014, by and among the Company, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, (x) that certain Loan Agreement, dated as of May 2, 2014, by and among the Company, the lenders party thereto, and The Bank Of Tokyo-Mitsubishi UFJ, Ltd., as administrative agent, (y) that certain Amended and Restated Credit Agreement, dated as of April 2, 2014, by and among HECO, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, and (z) any other Indebtedness of the Company or any Company Subsidiary identified by Parent in writing at least ten (10) days prior to the Closing Date.
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Repayment Debt means an amount of Acquired Debt outstanding under Loan Agreement MT4001000615, dated October 16, 2015, by and between PPSL and PIBV (together with all of Borrower’s rights, title and interest in or under such Acquired Debt), equal to the aggregate value of (x) the number of PZE ADRS times (y) the price per ADR of PZE on the NYSE as of the close of trading on the day prior to the Prepayment Date.
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Related to Repayment Debt

  • 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.

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

  • Current Debt of any Person shall mean as of the date of any determination thereof (i) all Indebtedness of such Person for borrowed money other than Funded Debt of such Person and (ii) Guaranties by such Person of Current Debt of others.

  • Replacement Debt means any Refinancing Indebtedness (whether borrowed in the form of secured or unsecured loans, issued in a public offering, Rule 144A under the Securities Act or other private placement or bridge financing in lieu of the foregoing or otherwise) incurred in respect of Indebtedness permitted under Section 6.01(a) (and any subsequent refinancing of such Replacement Debt).

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

  • Principal Debt means, at any time, the unpaid principal balance of all Borrowings.

  • Delinquent debt means (1) any debt owed to FCIC that has not been paid by the termination date specified in the applicable contract of insurance, or other due date for payment contained in any other agreement, or notification of indebtedness, and (2) any overdue amount owed to FCIC by a debtor which is the subject of an installment payment agreement which the debtor has failed to satisfy under the terms of such agreement.

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • 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.

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

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

  • Outstanding Indebtedness means the aggregate of the Loan and interest accrued and accruing thereon, the Master Swap Agreement Liabilities, the Expenses and all other sums of money from time to time owing by the Borrowers to the Mortgagee and/or any of the Secured Creditors, whether actually or contingently, present or future, under or pursuant to the Loan Agreement, the Master Swap Agreement, the Security Documents or any of them;

  • Credit Facility Indebtedness means any and all amounts, whether outstanding on the Issue Date or thereafter Incurred, payable under or in respect of any Credit Facility, including without limitation principal, premium (if any), interest (including interest accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or any Restricted Subsidiary whether or not a claim for post-filing interest is allowed in such proceedings), fees, charges, expenses, reimbursement obligations, guarantees, other monetary obligations of any nature and all other amounts payable thereunder or in respect thereof.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.

  • Refinanced Debt has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.”

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Final Indebtedness has the meaning set forth in Section 3.2(b).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Principal Indebtedness means the principal amount of the entire Loan outstanding as the same may be increased or decreased, as a result of prepayment or otherwise, from time to time.

  • Settlement Indebtedness means any payment or reimbursement obligation in respect of a Settlement Payment.

  • Permitted Subordinated Indebtedness means Indebtedness incurred after the Closing Date by the Borrower or the Subsidiaries that is (i) subordinated to the Obligations and all other Indebtedness owing from the Borrower or the Subsidiaries to the Lender pursuant to a written subordination agreement satisfactory to the Lender in its sole discretion and (ii) in an amount and on terms approved by the Lender in its sole discretion.

  • Secured Indebtedness means any Indebtedness secured by a Lien.

  • 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:

  • Subordinated Indebtedness Documents means any document, agreement or instrument evidencing any Subordinated Indebtedness or entered into in connection with any Subordinated Indebtedness.

  • Pledged Indebtedness means the Indebtedness evidenced by promissory notes and instruments listed on Part B of Schedule I hereto;

  • Permitted Additional Indebtedness means Permitted Additional Unsecured Indebtedness and Permitted Additional Secured Indebtedness.