Target Indebtedness definition

Target Indebtedness means any Indebtedness (and any Liens in connection therewith) of the Target and its Subsidiaries that is permitted to remain outstanding pursuant to the Acquisition Agreement.

Target Indebtedness means any existing or hereafter incurred Debt of the Target.

Target Indebtedness means $24,300,000,000.

Examples of Target Indebtedness in a sentence

• UTC shall have performed (i) in all material respects all obligations required to be performed by it under this Agreement and (ii) in all respects the obligation required to be performed by it under the first sentence of Section 3 of the Separation Principles (relating to the Applicable Indebtedness (as defined in the Separation Principles) not exceeding the Target Indebtedness), in the case of each of clauses (i) and (ii), at or prior to the Closing Date.

• If the Closing Indebtedness, as set forth in the Indebtedness Statement, is greater than the Target Indebtedness Amount, Spinco shall pay to the Company the amount of such excess within two (2) Business Days of delivery of the Indebtedness Statement, by wire transfer of immediately available United States funds.

• Use all proceeds of the initial borrowing under the Commitment to refinance the outstanding Indebtedness under the Existing Credit Agreement on the Initial Closing Date, to consummate the Related Transactions, to refinance the outstanding Target Indebtedness on the Initial Closing Date and use all proceeds of each borrowing under the Commitment thereafter to provide for working capital requirements and the general corporate purposes of the Borrowers to the extent that such purposes are permitted hereunder.

• The Target Guarantee shall be automatically released at such time as both (x) the Borrower shall no longer guarantee the Target Indebtedness and (y) the Target does not guarantee any other Debt of the Borrower.

• Contractor is encouraged to think creatively and utilize technology, such as mobile devices and social media, to recommend innovative ways to effectively reach our various audiences.

More Definitions of Target Indebtedness

Target Indebtedness means the amount set forth in Schedule 1.1(i) corresponding to the applicable month of the Closing Date.

Target Indebtedness means, with respect to any proposed transaction(s) involving an Acquisition Target, such Acquisition Target's total obligations (whether short-term or long-term) for borrowed money (including capitalized leases) as of immediately prior to Delphi acquiring Control of such Acquisition Target in such proposed transaction(s).

Target Indebtedness means the Indebtedness due or owing by MC Assembly or any of its Affiliates set forth on Schedule 1.01(G).

Target Indebtedness means the Indebtedness of the Target Company and/or its subsidiaries outstanding on the Initial Closing Date under (x) a Loan Agreement, dated as of June 29, 1995, among the Target Company, the financial institutions from time to time party thereto and Hibernia National Bank, as agent, (y) a Promissory Note in the original principal amount of $937,521.00 dated March 1, 1993 by the Target Company in favor of Hibernia National Bank and (z) a Note Agreement dated as of June 30, 1993 between the Target Company and Great West Life & Annuity Insurance Company relating to the Target Company's 5.51% Senior Notes due July 1, 2000, in each case as from time to time amended and in effect on the Initial Closing Date.

Target Indebtedness as of a specified time means, without duplication, all Indebtedness of the Target Business as of such time, but excluding (x) Indebtedness owed by one Target Group Company to another Target Group Company, or (y) any amounts that are included as an offset to Target Cash and Cash Equivalents.

Target Indebtedness means the amount set forth on Schedule 1.1(e).

Target Indebtedness means the amount set forth in Schedule 1.1(i) corresponding to the applicable month of the Closing Date. “Tax Proceeding” has the meaning set forth in Section 5.3(d)(i). “Tax Representations” means the representations and warranties set forth in Section 3.9 (Tax Matters). “Tax Return” means any return, declaration, report, statement, form, claim for refund, or other document, together with all amendments and supplements thereto (including all related and supporting information) required to be filed with a Governmental Authority in respect of Taxes. “Taxable Period” means any taxable year or any other period with respect to which any Tax may be imposed under any Law. “Taxes” mean all federal, state, local, foreign and other net income, gross income, gross receipts, sales, use, ad valorem, transfer, franchise, profits, license, lease, service, service use, withholding, payroll, employment, excise, severance, transfer, registration, stamp, occupation,