Permitted indebtedness definition
WebMar 11, 2010 · “ Indebtedness ” means (a) all indebtedness for borrowed money or the deferred purchase price of property or services (excluding trade payables aged less than one hundred eighty (180) days), including without limitation reimbursement and other obligations with respect to surety bonds and letters of credit, (b) all obligations evidenced by notes, … Webaccount. (See also the definition of pay-roll zero-percent certificate of indebt-edness.) Payroll zero-percent certificate of in-debtedness is a restricted form of the zero-percent certificate of indebtedness that is held separately from the zero- percent certificate of indebtedness and used only for purchases made through the payroll savings plan.
Permitted indebtedness definition
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WebApr 1, 2024 · In the European leveraged market, there are typically two types of permitted liens: “Permitted Collateral Liens” and “Permitted Liens.” If it is proposed that the new funding will be secured by the same assets that … Webindebtedness noun [U] (MONEY OWED) the condition of owing money, or the amount of money owed: Household indebtedness is at a record level. The primary reason for the …
WebPermitted Bank Indebtedness means, at the date as of which any determination is being made, the Bank Indebtedness outstanding as of such date, which amount shall not … Web“Notwithstanding the foregoing, the following shall constitute “Permitted Refinancing Indebtedness”: Indebtedness in the form of one or more tranches of term loans incurred to Refinance the Secured Notes, provided that (i) the aggregate amount of such Indebtedness does not exceed $430,000,000, (ii) such Indebtedness contains covenants and events …
Webindebtedness in American English (ɪnˈdetɪdnɪs) noun 1. the state of being indebted 2. an amount owed 3. debts collectively Most material © 2005, 1997, 1991 by Penguin Random … WebThe Loan Agreement shall be amended by deleting the following subsection appearing in the definition of “Permitted Indebtedness” in Section 13.1 thereof: “ (g) extensions, refinancings, modifications, amendments and restatements of any items of Permitted Indebtedness (a) through (f) above, provided that the principal amount thereof is not ...
Web“Permitted Real Estate Debt” means that certain Indebtedness described on Schedule 6.1(h), and any other Indebtedness (other than Swap Contracts) of a Loan Party(i) secured solely by real property, fixtures, related real property rights, related contracts and proceeds of the foregoing, owned by such Loan Party, and (ii) for which no Person other …
WebFor purposes of section 514 and the regulations thereunder, the term acquisition indebtedness means, with respect to any debt-financed property, the outstanding amount … circle k kopperudWebFor, to do this is to reduce its assets or fund for paying its indebtedness, which the law will not permit to be done. circle k katalog za punktyWebJun 29, 2024 · The LMA leveraged loan agreement, for instance, does not cater for such ratio indebtedness. The definitions for each of these ratios can reach several pages, … circle k korteles blokavimasWebDec 31, 2016 · Indebtedness is the state of being in debt, or owing money to someone else. When someone is in debt, it means that he has borrowed money, or received goods or … circle k navan roadWebThe definition of security is as follows: "Security" means any note, stock, treasury stock, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral trust agreement, preorganization certificate or subscription, transferable ... permitted, provided that not more than 70 ... circle k project managerWebthe condition of owing money, or the amount of money owed: Household indebtedness is at a record level. The primary reason for the sale of the property was to reduce … circle k njoy podsWebnoun over· in· debt· ed· ness ˌō-vər-in-ˈde-təd-nəs : the condition of having too much debt … blamed microfinance companies … for fueling a frenzy of overindebtedness … Business … circle k marijuana sales