Senior Security Representing Indebtedness shall have the meaning set forth in the first sentence of Section 18(g) of the ICA.
Senior Security Representing Indebtedness has the meaning set forth in the first sentence of Section 18(g) of the Investment Company Act.
Senior Security Representing Indebtedness means any Senior Security other than stock.
Examples of Senior Security Representing Indebtedness in a sentence
The Loans to be made to such Borrower are a Senior Security Representing Indebtedness.
More Definitions of Senior Security Representing Indebtedness
Senior Security Representing Indebtedness means any Senior Security OTHER THAN stock. For the purpose of calculating the Asset Coverage Ratio, the amount of any liability or indebtedness owed by such Borrower deducted from Total Assets shall be equal to the GREATER of (x) the outstanding amount of such liability or indebtedness, and (y) the fair market value of all assets owned by such Borrower securing such liability or indebtedness.
Senior Security Representing Indebtedness has the meaning set forth in the first sentence of Section 18(g) of the ICA and related SEC guidance, and includes, without limitation, principal obligations in respect of the Senior Notes.
Senior Security Representing Indebtedness means any bond, debenture, note, or similar obligation or instrument constituting a security and evidencing a Liability of the Borrower.
Senior Security Representing Indebtedness. 7 "Subsidiary" 7 "Tangible Assets" 8 "Taxes" 8 "Termination Date" 8 "Tender Offer Period" "Total Assets" 8 "Total Liabilities" 8 "Trade Accounts Payable" 8 "Unmatured Event of Default" 8 1.2 Other Definitional Provisions 8 1.3 Interpretation of Agreement 9 1.4 Accounting and Financial Determinations 9 2. COMMITMENT OF THE BANK AND CERTAIN LOAN TERMS 9 2.1 Loans 9 2.2 Loan Options 9 2.3 Borrowing Procedures 9 2.4 Continuation and/or Conversion of Loans 10 2.5 Note Evidencing Loans; Repayments 11 2.6 Funding Losses 11 2.7 Capital Adequacy 12
Senior Security Representing Indebtedness has the meaning set forth in the first sentence of Section 18(g) of the Investment Company Act. “SOFR” means a rate equal to the secured overnight financing rate as administered by the SOFR Administrator. “SOFR Administrator” means the FRBNY (or a successor administrator of the secured overnight financing rate). “SOFR Loan” means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (b) of the definition of “Base Rate”. 20
Senior Security Representing Indebtedness. (as defined in Section 18(h) of the Act).
Senior Security Representing Indebtedness has the meaning set forth in the first sentence of Section 18(g) of the Investment Company Act. “SOFR” means a rate equal to the secured overnight financing rate as administered by the SOFR Administrator. “SOFR Administrator” means the FRBNY (or a successor administrator of the secured overnight financing rate). “SOFR Loan” means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (b) of the definition of “Base Rate”. “Specified Materials” means, collectively, all materials or information provided by or on behalf of the Borrower, as well as documents and other written materials relating to the Borrower or any of its Subsidiaries or Affiliates or any other materials or matters relating to the Loan Documents (including, without limitation, any amendment, restatement, supplement or other modification thereto). “State Street” means State Street Bank and Trust Company. “Subsidiary” means, with respect to a Person, any corporation or other entity of which securities or other ownership interests having ordinary voting power to elect a majority of the Managing Body thereof are at the time directly or indirectly owned by such Person. “Term SOFR” means, (a) for any calculation with respect to a SOFR Loan, the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on the day (such day, the “Periodic Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business Days prior to the first day of such Interest Period, as such rate is published by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (New York City time) on any Periodic Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator so long as such first preceding U.S. Government Securities Business Day is not more than three (3) U.S. Government Securities Business Days prior to such Periodic Term SOFR Determination Day, and (b) for any calculation with respect to a Base Rate Loan on any day, the Term SOFR Reference Rate for a tenor of one month on the day (such day,...