Specified Permitted Indebtedness definition

Specified Permitted Indebtedness has the meaning assigned to such term in the last paragraph of Section 6.01(a).
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Specified Permitted Indebtedness means any unsecured Indebtedness of the Borrower, which may be guaranteed on an unsecured basis by one or more Subsidiary Guarantors, all of the terms and conditions of which satisfy the requirements of Section 9.04(xiv), as such Indebtedness may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof.
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Specified Permitted Indebtedness means, collectively, all Indebtedness under the Specified Permitted Facilities.
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Examples of Specified Permitted Indebtedness in a sentence

  • Section 4.22 Specified Permitted Indebtedness Documents and Underlying Documents 103108 Section 4.23 Compliance with Statutes, Etc.


More Definitions of Specified Permitted Indebtedness

Specified Permitted Indebtedness means (a) any refinancing of outstanding short- term working capital Indebtedness of the Loan Parties and their Subsidiaries and any subsequent refinancing thereof, (ii) any refinancing of Reference Long-Term Debt, (iii) new borrowings under working capital Indebtedness of the Loan Parties and their Subsidiaries not to exceed, in the aggregate, at any time, U.S.$30,000,000 (or its equivalent in other currencies) and any subsequent refinancing thereof; and (iv) Indebtedness of the Loan Parties and their Subsidiaries to finance capital expenditures in an amount not to exceed, in the aggregate, during any fiscal year, the applicable Capex Cap for such fiscal year.
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Specified Permitted Indebtedness means any Indebtedness with respect to the Term Loan Agreement, the Second Lien Notes, any Credit Agreement Refinancing Indebtedness, any Permitted Incremental Equivalent Debt or Ratio Debt or any Permitted Refinancing in respect of any of the foregoing.
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Specified Permitted Indebtedness means, to the extent constituting Indebtedness:
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Related to Specified Permitted Indebtedness

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Unsecured Indebtedness means Indebtedness of the Borrower or any Restricted Subsidiary (a) that is not (and any Guarantees thereof by the Borrower or Restricted Subsidiaries are not) secured by any collateral (including the Collateral), (b) that does not mature earlier than the date that is 91 days after the latest maturity date under this Agreement then in effect, and has a weighted average life to maturity no shorter than the Class of Term Loans with the latest maturity date in effect at the time of incurrence of such Indebtedness, (c) that, in the case of such Indebtedness in the form of bonds, debentures, notes or similar instrument, does not provide for any amortization, mandatory prepayment, redemption or repurchase (other than upon a change of control, fundamental change, customary asset sale or event of loss mandatory offers to purchase and customary acceleration rights after an event of default and, for the avoidance of doubt, rights to convert or exchange in the case of convertible or exchangeable Indebtedness) prior to the date that is the latest maturity date in effect at the time of incurrence of such Indebtedness, (d) that contains covenants, events of default, guarantees and other terms that are customary for similar Indebtedness in light of then-prevailing market conditions and, when taken as a whole (other than interest rates, rate floors, fees and optional prepayment or optional redemption terms), are not more favorable to the lenders or investors providing such Permitted Unsecured Indebtedness, as the case may be, than those set forth in the Loan Documents are with respect to the Lenders (other than covenants or other provisions applicable only to periods after the latest maturity date under this Agreement then in effect); provided that a certificate of a Financial Officer of the Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness or the modification, refinancing, refunding, renewal or extension thereof (or such shorter period of time as may reasonably be agreed by the Administrative Agent), together with a reasonably detailed description of the material terms and conditions of such resulting Indebtedness or drafts of the material definitive documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirements shall be conclusive, and (e) that is not guaranteed by any Person other than on an unsecured basis by Loan Parties.

  • Permitted Refinancing Indebtedness means any Indebtedness of the Company or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than intercompany Indebtedness); provided that: