Subject Indebtedness definition

Subject Indebtedness has the meaning assigned to such term in Section 1.03.

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Subject Indebtedness has the meaning given to such term in Section 6.20.

Subject Indebtedness has the meaning assigned to such term in the definition of “Maturity Limitation Excluded Amount”.

Examples of Subject Indebtedness in a sentence

At the Closing, the Surviving Corporation shall repay the outstanding amount of the Subject Indebtedness by wire transfer of immediately available funds arranged by Parent as provided for in the Payoff Letter.
STAMP TAXES -- Borrower will pay all stamp taxes and similar taxes, if any, including interest and penalties, if any, payable in respect of the issuance of the Subject Indebtedness.
The provisions of section 6 shall survive the payment of the Subject Indebtedness.
If any Subject Indebtedness permits the Company to apply cash proceeds from a Material Disposition to the retirement of other Indebtedness rather than to the retirement of such Subject Indebtedness, the Company shall apply the portion of such cash proceeds constituting Net Available Cash from such Material Disposition to offer to prepay the Notes in accordance with Section 8.4 prior to application of any such cash proceeds to the retirement of such Subject Indebtedness.
The Subject Indebtedness shall not be released or withdrawn by the Guarantor unless the Lender’s written consent to such release or withdrawal is first obtained, and the Guarantor shall not permit the prescription of the Subject Indebtedness by any stature of limitations or ask for or obtain any security or negotiable paper for or other evidence of the Subject Indebtedness except for the purpose of delivering the same to the Lender.

More Definitions of Subject Indebtedness

Subject Indebtedness as defined in Section 10.1.

Subject Indebtedness means (i) Indebtedness that is outstanding in an aggregate principal amount the Dollar Equivalent of which is at least $40,000,000; or (ii) any Receivable Securitization in respect of which the Receivable Securitization Outstanding is at least $40,000,000; or

Subject Indebtedness shall have the meaning assigned to such term in the definition of “Permitted Refinancing.”

Subject Indebtedness shall have the meaning assigned to it in clause (f) of Article 6.

Subject Indebtedness means any Indebtedness incurred pursuant to Sections 7.03(b)(xii) and 7.03(b)(xvi) the Net Proceeds of which are required to be applied in accordance with Section 2.04(b)(iii).

Subject Indebtedness means (a) debt for borrowed money of any of the Companies or any of their Subsidiaries owed to Persons other than any of the Companies or any of their Subsidiaries and (b) guarantee obligations of, or Liens on the assets of, any of the Companies or any of their Subsidiaries in respect of debt for borrowed money of Persons other than any of the Companies or any of their Subsidiaries.

Subject Indebtedness means, with respect to any Person, Indebtedness of the type referred to in clauses (a), (d), (e) or (f) of the definition of "Indebtedness". Subject Indebtedness shall exclude, to the extent included and without duplication, the following Indebtedness of any Person: (a) Indebtedness, the proceeds of which are intended to be used or retained by such Person in connection with the ordinary course business activities of such Person (including Indebtedness incurred for necessary capital expenditures, hedging activities in connection with the operations of such Person and working capital needs of such Person but excluding Indebtedness incurred for financing Restricted Payments or repayment of intercompany loans or obligations (except to the extent necessary to effect a Refinancing for a Financing)); (b) in the case of EME, a working capital facility in an aggregate principal amount not exceeding $100,000,000; (c) in the case of MGE, a cash collateralized letter of credit facility in an aggregate principal amount not exceeding $100,000,000; (d) in the case of EMMH or MWG, a working capital facility in an aggregate amount not to exceed $100,000,000 (in addition to the Tranche C Commitment Amount (as defined in the Holdings Credit Agreement) under the Holdings Credit Agreement or any Permitted Refinancing Indebtedness (as defined in the MGE Guarantee) Refinancing any Tranche C Loans (as defined in the Holdings Credit Agreement)); (e) in the case of any Financed Enterprise (as defined in each Primary Guarantee relating to such Financed Enterprise), the Indebtedness that is permitted to be issued by such Person under Correlative Financing Provisions (as defined in the Primary Guarantee relating to such Person and (f) Permitted Intercompany Indebtedness (as defined in the Primary Guarantee relating to such Financed Enterprise).