Total Bank Debt definition

Total Bank Debt means all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.
Total Bank Debt means, with respect to any member of the Consolidated Group on any date of determination, without duplication, all obligations of the type described in clauses (a) through (g) of the definition of “Indebtedness” owing to banks and financial institutions and any Guarantee by any member of the Consolidated Group of any of the foregoing for which a demand for payment has been received, and specifically including, without limitation, the amount of all Obligations.
Total Bank Debt means, on any date of determination, without duplication, all Indebtedness under clauses (a), (c) and (d) of the definition of “Indebtedness”, owing by each member of the Consolidated Group to banks and financial institutions, and any Guarantee by any member of the Consolidated Group of any of the foregoing for which a demand for payment has been received including, without limitation, the amount of all Obligations. Without limitation of, but notwithstanding, the foregoing, Total Bank Debt shall include all Indebtedness permitted under Section 6.1(i), other than such Indebtedness owing to the Borrower.

Examples of Total Bank Debt in a sentence

  • The Total Bank Debt (as hereinafter defined) of the Company and its subsidiaries as of September 1, 2000 shall not have exceeded $35,100,000.

  • For purposes of this Section 5.1(v), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

  • For purposes of this Section 4.1(t), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

  • For purposes of this Section 5.1(n), "Total Bank Debt" shall mean all outstanding bank debt included in current liabilities and long term liabilities including but not limited to all outstanding mortgages.

  • The Total Bank Debt (as hereinafter defined) of the Obligors and their subsidiaries as of the Closing Date shall not have exceeded [$30,000,000].


More Definitions of Total Bank Debt

Total Bank Debt means all amounts (i) due under the Loan Documents, including without limitation Term Note I, Term Note II and the Loan Agreement, plus (ii) the total of all amounts due plus all available amounts under all Permitted Revolving Facilities.
Total Bank Debt means, at any time, on a consolidated basis and without duplication, the unpaid principal balance of all debt on money borrowed from the Borrower and its Consolidated Subsidiaries and obligations guaranteed by the Borrower in respect of obligations of third parties related Borrower’s Principal Business.
Total Bank Debt means all amounts due under the Term Note and Revolving Note.
Total Bank Debt means the aggregate Financial Indebtedness of the Borrower to all banks and financial institutions (including the Lenders);”;
Total Bank Debt means, as at the date of calculation, the aggregate amount, on consolidated basis, of (a) all short-term interest bearing Financial Indebtedness owing by members of the Borrower’s Group (excluding, for the avoidance of doubt, any Financial Indebtedness due to another member of the Borrower’s Group and any Financial Indebtedness falling within item (e) of the definition of “Financial Indebtedness”) which is included in the Applicable Accounts under the heading “Current Liabilities” and (b) the long-term interest bearing Financial Indebtedness owing by members of the Borrower’s Group (excluding for the avoidance of doubt any Financial Indebtedness due to another member of the Borrower’s Group and any Financial Indebtedness falling within item (e) of the definition of “Financial Indebtedness”) computed in each case in accordance with USGAAP;
Total Bank Debt means the total bank debt of the Group as stated in the most recent Accounting Information;
Total Bank Debt means as of any date, the aggregate principal amount outstanding on the Revolving Note and the Advance Note.