Senior Debt Amount definition

Senior Debt Amount means, as of any date, the greater of (i) the Covered Debt Amount and (ii) the Combined Debt Amount.

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Senior Debt Amount has the meaning assigned to such term in Section 5.13.

Senior Debt Amount means the aggregate principal amount, plus accrued and unpaid interest, outstanding in respect of the Senior Debt pursuant to the Credit Agreement as of the Closing Date.

Examples of Senior Debt Amount in a sentence

Subject only to the preceding sentence, the duty to take reasonable steps to mitigate shall not otherwise cause the Optional Termination Amount to be less than the aggregate of the Senior Debt Amount, Senior Debt Makewhole, Junior Debt Amount and Junior Debt Makewhole or limit the obligations of the AESO under this Agreement to pay these sums as provided for in this Agreement.
For the sake of simplicity, consider including a separate definition of Base Authority Default Senior Debt Amount which is identical save for the inclusion of Spens.
This Note is subordinated in all respects to the outstanding Senior Debt Amount and is an unsecured obligation of the Company.
To the extent that the aggregate Offered Price of the Notes tendered pursuant to the Offer is less than the Notes Amount relating thereto or the aggregate amount of unsecured Senior Debt that is purchased in a Senior Debt Offer is less than the Senior Debt Amount, the Company may use any remaining Excess Proceeds for any purpose not otherwise prohibited by this Indenture.
If the Adjusted Closing Senior Debt is greater than the Reference Senior Debt Amount, then the Stock Payment shall be reduced by such amount.

More Definitions of Senior Debt Amount

Senior Debt Amount means, at any time, the then outstanding principal amount of the Senior Debt, together with all interest accrued thereon and unpaid at that time, provided that at any time where any portion of the interest payable to the Senior Lenders is subject to one or more Hedging Agreements, accrued interest in respect of such portion of the interest payable to the Senior Lenders shall be calculated based on the fixed rate payable by the Generator or its Affiliate under such Hedging Agreements without regard to whether such fixed rate is payable directly to a Senior Lender or to the Hedge Providers under the Hedging Agreements and all references to interest payable to the Senior Lenders under this Agreement shall be construed accordingly; and for greater certainty, the Senior Debt Amount excludes the Senior Debt Makewhole;

Senior Debt Amount means, at any time, the then outstanding principal amount of debt funded under the terms of the Lending Agreements by the Senior Lenders to Project Co, together with all interest accrued thereon at that time, provided that at any time where any portion of the interest payable to the Senior Lenders under the Lending Agreements is subject to an interest rate hedging agreement between Project Co and a hedge provider, accrued interest in respect of such portion of the interest payable to the Senior Lenders shall be calculated based on the fixed rate payable by Project Co as specified in such hedging agreement, without regard to whether such fixed rate is payable to a Senior Lender or to the hedge provider under such hedging agreement, and all references to interest payable to the Senior Lenders under this Agreement shall be construed accordingly. For greater certainty, the Senior Debt Amount excludes the Senior Debt Makewhole.

Senior Debt Amount means, without duplication, the greater of the Covered Debt Amount and the Combined Debt Amount.

Senior Debt Amount means an amount equal to the sum of (a) the Principal ▇▇▇▇▇▇,

Senior Debt Amount has the meaning given in Schedule 20 - Compensation on Termination.

Senior Debt Amount means, as of any date of determination, an amount equal to (a) the aggregate principal amount of Loans outstanding on such date plus (b) the aggregate of Commitments hereunder plus (c) the aggregate principal amount of Debt outstanding under the Superpriority Revolving Credit Facility (including the amount of undrawn letters of credit issued under the Superpriority Revolving Credit Facility) on such date plus (d) (without duplication) the aggregate undrawn “Commitments” (under, and as defined in, the Superpriority Revolving Credit Agreement) on such date.

Senior Debt Amount means the aggregate commitments of the Senior Lenders under the Senior Funding Agreements at the Effective Date;