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

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.
Upon a default of the Senior Debt Amount, the Company’s senior secured lender would have the right to exercise its rights and remedies to collect, which would include foreclosing on the Company’s assets.

More Definitions of Senior Debt Amount

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

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

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 is subject to the Hedging Agreement(s), 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 under the Hedging Agreement(s) without regard to whether such fixed rate is payable directly to a Senior Lender or to the Hedge Provider(s) under the Hedging Agreement(s) and all references to interest payable to the Senior Lenders under this Project Agreement shall be construed accordingly. 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 Senior Financing Agreements by the Senior Lenders to Project Co, together with all interest accrued thereon at that time in accordance with the Senior Financing Agreements, provided that at any time where any portion of the interest payable to the Senior Lenders is subject to the Hedging Agreement(s), 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 under the Hedging Agreement(s) without regard to whether such fixed rate is payable directly to a Senior Lender or to the Hedge Provider(s) under the Hedging Agreement(s) and all references to interest payable to the Senior Lenders under the 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 Investments” means Cash, Cash Equivalents, Short-Term U.S. Government Securities, Long-Term U.S. Government Securities, Performing Cash Pay First Lien Bank Loans, Performing Cash Pay First Lien Unitranche Bank Loans, and Performing Cash Pay First Lien Last Out Bank Loans. “Senior Securities” means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder, in each case as in effect as of the Amendment No. 2 Effective Date). “Short-Term U.S. Government Securities” means U.S. Government Securities maturing within one yearmonth of the applicable date of determination. “Structured Finance Obligation” means any obligation issued by a special purpose vehicle and secured directly by, referenced to, or representing ownership of, a pool of receivables or other financial assets of any obligor, including collateralized debt obligations and 151 Revolving Credit and Term Loan Agreement

Senior Debt Amount. 3 means, at the relevant date of calculation, all amounts, which are owed by the Private Party, that are outstanding under the Financing Agreements at that date, calculated in accordance with the Finance Agreements but excluding: Mezzanine Debt; and and for the purposes of the definition of Adjusted Debt only, excluding Senior Funding Break Costs, and all Hedge Termination Amounts payable by the Private Party;