Special Indebtedness definition

Special Indebtedness means alternative financing agreement indebtedness and bonded indebtedness.
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Special Indebtedness means Indebtedness incurred pursuant to Section 709hereof.
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Special Indebtedness are hereby added to Section 1.1 of the Indenture entitled “Definitions” to read as follows:
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Examples of Special Indebtedness in a sentence

  • The Bond Administrator shall be entitled to payment for any wiring or similar administrative charges that are imposed in connection with the remitting of such payments to any Special Indebtedness Interestholder in accordance with Sections 4.2(b)(ii) and 4.4(c) of the Indenture.

  • Special Indebtedness: In Special Indebtedness bond transactions Vendor will work closely with the Division’s deputy treasurer, legal counsel, State debt manager and other Division personnel.

  • Other economic incentives increasingly being used by governments to promote sustainable consumption are subsidies and incentives to encourage people to consume more sustainably.

  • The Committee notes that the State has recently relied extensively, although not exclusively, on the authorization of Special Indebtedness to finance capital projects.

  • The Issuer shall pay any wiring or similar administrative charges that are imposed in connection with the remitting of any payments under the Series 2014-2 Special Indebtedness Interests.

  • Any transfer of the Series 2014-2 Special Indebtedness Interests shall only be in the authorized denominations set forth herein.

  • Debt Used in the Model Calculation The model uses a definition of net tax-supported debt that includes General Obligation Bonds, Special Indebtedness, Capital Lease Obligations, Installment/Equipment Leasing Obligations and any other such obligations that are owed to a third party over a predetermined schedule from General Fund Revenues.

  • Unless such designation for payment by electronic funds transfer is revoked, any such designation made by any Series 2014- 2 Noteholder with respect to its Series 2014-2 Special Indebtedness Interest shall remain in effect with respect to any future payments in respect of such Series 2014-2 Special Indebtedness Interest.

  • Significant Expansion via Special Indebtedness Also in 2004, an agreement was reached with Crescent Resources Inc., the real estate arm of Duke Energy to acquire 2,915 acres to expand Lake James State Park.

  • The Series 2014-2 Special Indebtedness Interests may have such letters, numbers or other marks of identification and such legends or endorsements printed or typewritten thereon as may be required to comply with any Applicable Law or to conform to general usage.


More Definitions of Special Indebtedness

Special Indebtedness shall have the meaning specified in Section 4.20.
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Special Indebtedness shall have the same meaning as Indebtedness, except that amounts borrowed by North Metro Harness Initiative, LLC of up to $41.7 million shall be excluded from such definition of Indebtedness, provided that such loan does not constitute Recourse Indebtedness with respect to the Company and the Guarantors. For purposes of the foregoing provisions, clauses (a) through (d) of the definition of “Consolidated Coverage Ratio” as set forth herein, shall apply.
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Related to Special Indebtedness

  • Financial Indebtedness means any indebtedness for or in respect of:

  • Permitted Financial Indebtedness means Financial Indebtedness:

  • Additional Indebtedness means any Additional Specified Indebtedness that (1) is secured by a Lien on Collateral and is permitted to be so secured by:

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

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

  • 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.

  • Senior Secured Indebtedness means, with respect to any Person as of any date of determination, any Specified Indebtedness; provided that such Indebtedness is in each case secured by a Lien on the assets of the Issuer or its Restricted Subsidiaries on a basis pari passu with or senior to the security in favor of the Notes.

  • 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.

  • 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.

  • Designated Indebtedness has the meaning assigned to such term in the Guarantee and Security Agreement.

  • Secured Indebtedness means any Indebtedness secured by a Lien.

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

  • 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.

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

  • Permitted Indebtedness means, without duplication, each of the following:

  • Guaranteed Indebtedness means, as to any Person, any obligation of such Person guaranteeing, providing comfort or otherwise supporting any Indebtedness, lease, dividend, or other obligation (“primary obligation”) of any other Person (the “primary obligor”) in any manner, including any obligation or arrangement of such Person to (a) purchase or repurchase any such primary obligation, (b) advance or supply funds (i) for the purchase or payment of any such primary obligation or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet condition of the primary obligor, (c) purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation, (d) protect the beneficiary of such arrangement from loss (other than product warranties given in the ordinary course of business) or (e) indemnify the owner of such primary obligation against loss in respect thereof. The amount of any Guaranteed Indebtedness at any time shall be deemed to be an amount equal to the lesser at such time of (x) the stated or determinable amount of the primary obligation in respect of which such Guaranteed Indebtedness is incurred and (y) the maximum amount for which such Person may be liable pursuant to the terms of the instrument embodying such Guaranteed Indebtedness, or, if not stated or determinable, the maximum reasonably anticipated liability (assuming full performance) in respect thereof.

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Consolidated Senior Secured Indebtedness means, as of any date of determination, Consolidated Total Indebtedness as of such date that is not subordinated in right of payment to the Secured Obligations and is secured by a Lien on the Collateral securing the Loan Document Obligations.

  • 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:

  • Senior Subordinated Indebtedness means the Securities and any other Indebtedness of the Company that specifically provides that such Indebtedness is to rank pari passu with the Securities in right of payment and is not subordinated by its terms in right of payment to any Indebtedness or other obligation of the Company which is not Senior Indebtedness.

  • Acquisition Indebtedness means any Indebtedness of the Loan Parties that has been issued for the purpose of financing, in part, the acquisition of an Acquired Entity or Business.

  • Total Secured Indebtedness means (a) all Secured Indebtedness of the Consolidated Group determined on a consolidated basis plus (b) the Consolidated Group Pro Rata Share of Secured Indebtedness attributable to interests in Unconsolidated Affiliates.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

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

  • Permitted Subsidiary Indebtedness means any of the following:

  • Permitted Convertible Indebtedness means any unsecured Indebtedness issued under the Convertible Senior Notes, and any refinancings or replacements thereof that is unsecured Indebtedness issued by the Borrower and/or guaranteed by a Loan Party; provided that (i) the amount of such Indebtedness is not increased at the time of such refinancing or replacement except by an amount equal to a reasonable premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such refinancing and by an amount equal to any existing commitments unutilized thereunder, and (ii) any Indebtedness in connection with a refinancing or a replacement thereof shall (A) not mature or require any payment of principal thereof prior to the date that is 91 days past the Maturity Date and (B) have covenants that are not more restrictive (taken as a whole) than those set forth herein; provided, further, that the conversion of Permitted Convertible Indebtedness, including any requirement or decision to pay cash upon any conversion of Permitted Convertible Indebtedness in lieu of all or any portion of the Equity Interests of the Borrower due upon conversion of such Permitted Convertible Indebtedness, and the requirement of the Borrower to repurchase Permitted Convertible Indebtedness prior to its stated maturity date upon a fixed date or upon the occurrence of a fundamental change (which would include customary change of control provisions or a termination of trading of the Borrower’s common stock on the exchange on which it is then listed), shall not constitute a maturity or the requirement of any payment of principal of such Permitted Convertible Indebtedness prior to the date that is 91 days past the Maturity Date hereunder for purposes of this definition.