Specified Non-Recourse Debt definition
Specified Non-Recourse Debt means any account or trade receivable factoring, securitization, sale or financing facility, the obligations of which are non-recourse (except with respect to customary representations, warranties, covenants and indemnities made in connection with such facility) to the Company.
Specified Non-Recourse Debt means any account or trade receivable factoring, securitization, sale or financing facility, the obligations of which are non-recourse (except with respect to customary representations, warranties, covenants and indemnities made in connection with such facility) to the Borrower or any of its Restricted Subsidiaries.
Specified Non-Recourse Debt has the meaning assigned to such term in Section 3.09.
Examples of Specified Non-Recourse Debt in a sentence
Part 2 of Schedule 1.1(d) lists all of the obligations, contingent or otherwise, of Parent, EMT and WES under the Specified Non-Recourse Debt Documents.
More Definitions of Specified Non-Recourse Debt
Specified Non-Recourse Debt. Indebtedness (a) listed in Part 1 of Schedule 1.1(d) of any non-material Subsidiary of Parent that is (i) a "Non-Borrowing Subsidiary" (as defined in the Williams Multiyear Credit Agreement) and (ii) not a Loan Party, ▇▇▇ (▇) as to which neither the Parent nor any of its Subsidiaries is directly or indirectly liable (including, without limitation, the absence of any and all guaranties (completion, payment, performance, or other), credit support of any kind, indemnities and other contingent obligations of Parent or any of its Subsidiaries with respect to such Indebtedness) other than the nonmaterial obligations disclosed in Part 2 of Schedule 1.1(d).
Specified Non-Recourse Debt means the non-recourse debt of AAR/SSB I, LLC (the “LLC”) owing to TransAmerica Equipment Financial Services Corporation and outstanding as of the date hereof incurred in connection with the acquisition of, and limited in recourse solely to, that certain Boeing 767–300ER in which the LLC holds a beneficial interest, the principal balance of which as of February 28, 2003 was $32, 832,287.