Restricted Debt Payments has the meaning set forth in Section 6.04(b).
Restricted Debt Payments as defined in Section 7.3(a)(iii).
Restricted Debt Payments has the meaning specified in Section 7.15.
Examples of Restricted Debt Payments in a sentence
The Borrower shall use the proceeds of the Revolving Loans to finance working capital needs and other general corporate purposes of the Borrower and its subsidiaries (including for capital expenditures, acquisitions, Investments, working capital and/or purchase price adjustments, Restricted Payments, Restricted Debt Payments and related fees and expenses) and any other purpose not prohibited by the terms of the Loan Documents.
More Definitions of Restricted Debt Payments
Restricted Debt Payments in respect of any Restricted Debt, means any prepayments, redemptions, purchases and defeasances prior to the maturity thereof in respect of such Restricted Debt, including pursuant to any sinking fund or similar deposit.
Restricted Debt Payments shall have the meaning provided in Section 10.5(a)(iii).
Restricted Debt Payments as defined in Section 6.1(a). “Restricted Investment”: an Investment other than a Permitted Investment. “Restricted Payments”: as defined in Section 6.1(a). “Restricted Subsidiary”: at any time, with respect to any Person, any direct or indirect Subsidiary of such Person (including any Foreign Subsidiary) that is not then an Unrestricted Subsidiary. Upon the occurrence of an Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Subsidiary shall be a “Restricted Subsidiary”. Unless the context otherwise requires, any references to Restricted Subsidiary refer to a Restricted Subsidiary of the Borrower. “Return”: with respect to any Investment, any dividend, distribution, interest, fee, premium, return of capital, repayment of principal, income, profit (from a disposition or otherwise) and any other similar amount received or realized in respect thereof. “Revolving Credit Agreement”: that certain credit agreement, dated as of April 15, 2021, among the Borrower, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and MUFG Bank, Ltd. as administrative agent and as collateral agent (as amended by the First Amendment, the Second Amendment, the Third Amendment and the Fourth Amendment, in each case, as defined in the Revolving Credit Agreement). “S&P”: S&P Global Ratings, a division of S&P Global Inc., or any of its successors or assigns that is a nationally recognized statistical rating organization within the meaning of Rule 3(a)(62) under the Exchange Act. “Sale and Lease-Back Transaction”: any transaction or series of related transactions pursuant to which the Borrower or any of the Restricted Subsidiaries (a) sells, transfers or otherwise disposes of any
Restricted Debt Payments shall have the meaning given such term in Section 6.09(b)(i).
Restricted Debt Payments in respect of the Second Lien Debt, means any prepayments, redemptions, purchases and defeasances prior to the maturity thereof in respect of such Debt, including pursuant to any sinking fund or similar deposit.
Restricted Debt Payments as defined in Section 7.6. “Restricted Equity Payments”: as defined in Section 7.6. “Restricted Payments”: as defined in Section 7.6. “Revolving Commitment”: as to any Lender, the obligation of such Lender, if any, to make Revolving Loans and participate in Letters of Credit in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “Revolving Commitment” opposite such Lender’s name on Schedule 1.1A or in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed from time to time pursuant to the terms hereof. The original amount of the Total Revolving Commitments is $1,200,000,000. “Revolving Commitment Increase”: as defined in Section 2.4. “Revolving Commitment Period”: the period from and including the Closing Date to the Revolving Termination Date. “Revolving Extensions of Credit”: as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding and (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding. “Revolving Facility”: as defined in the definition of “Facility”. “Revolving Lender”: each Lender that has a Revolving Commitment or that holds Revolving Loans. “Revolving Loans”: as defined in Section 2.4(a). “Revolving Percentage”: as to any Revolving Lender at any time, the percentage which such Lender’s Revolving Commitment then constitutes of the Total Revolving Commitments or, at any time after the Revolving Commitments shall have expired or terminated, the percentage which the
Restricted Debt Payments and together with the Restricted Equity Payments, “Restricted Payments”), except: (i) the refinancing, replacement, modification, repayment, redemption, refunding, renewal or extension of any Junior Debt; (ii) the conversion of any Junior Debt to common Capital Stock or Permitted Preferred Stock of the Borrower; and (iii) the Borrower may make other Restricted Debt Payments not otherwise permitted by this Section 7.6 in an amount not exceeding (A) $25,000,000, when aggregated with any Restricted Equity Payments made pursuant to Section 7.6(a)(x)(A) below, plus (ii) any additional amount of Restricted Debt Payments or Restricted Equity Payments so long as (x) no Default or Event of Default shall have occurred or be continuing after giving effect to any Restricted Equity Payment or any Restricted Debt Payment, and (y) the Borrower shall be in pro forma compliance with the covenants set forth in Section 7.1 (provided that the Borrower’s Consolidated Leverage Ratio shall be at least 0.25 less than the applicable level set forth in Section 7.1(a)) after giving effect to any such Restricted Payment and the incurrence of any Indebtedness in connection therewith. 7.7