Incremental Indebtedness definition

Incremental Indebtedness. Indebtedness incurred by the Borrower pursuant to and in accordance with Section 2.6.
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Incremental Indebtedness means any Indebtedness incurred by any Borrower pursuant to and in accordance with Section 2.5.
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Incremental Indebtedness. Indebtedness incurred after the Restatement Effective Date by the Borrower pursuant to and in accordance with subsection 2.5.
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Examples of Incremental Indebtedness in a sentence

  • Company will promptly pay or cause to be paid the Principal Amount of, premium, if any, and interest on the Incremental Indebtedness Notes on the dates and in the manner provided in the Incremental Indebtedness Notes, and in accordance with the terms of the Second Lien Purchase Agreement and the Intercreditor Agreement.

  • With respect to the issuance of the Incremental Indebtedness Notes, the reference to the Closing in the definition of “Principal Amount” contained in the Second Lien Purchase Agreement shall refer to the Effective Date.

  • Having considered all facts relevant to a determination of the value of the Incremental Indebtedness Notes being acquired by the Purchasers on the Effective Date, Company and the Purchasers have concluded and do hereby agree that, within the meaning of Section 1273 of the Code, the issue price for each Incremental Indebtedness Note is as set forth in Supplemental Schedule 1.2A.

  • Notwithstanding anything herein to the contrary, any minimum amounts or multiples of any amount specified in this Agreement (including, without limitation, any minimum amounts or multiples of any amount in respect of any Borrowings, mandatory prepayments, optional prepayments, Incremental Commitments or New Incremental Indebtedness) may be in such lower minimum amounts or multiples as agreed to by the Administrative Agent in its sole discretion.

  • Neither the Company nor any of its Subsidiaries is or, immediately after receipt of payment for the Incremental Indebtedness Notes and the consummation of the transactions contemplated under this Agreement, the Incremental Indebtedness Notes, the Warrants, the Warrant Agreement, and the Registration Rights Agreement Acknowledgment, will be an “investment company” registered or required to be registered under the Investment Company Act of 1940, as amended.


More Definitions of Incremental Indebtedness

Incremental Indebtedness. Indebtedness Incurred by Holdings pursuant to and in accordance with Subsection 2.8.
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Incremental Indebtedness means any Indebtedness incurred pursuant to Section 2.21 of the 2017 JPMC Credit Facility (as in effect on the Amendment Closing Date), including Incremental Term Loans (as defined in the 2017 JPMC Credit Facility (as in effect on the Amendment Closing Date)) or Indebtedness incurred pursuant to any Incremental Revolving Commitment.
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Incremental Indebtedness. Indebtedness incurred under any Incremental Commitments.
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Incremental Indebtedness. Indebtedness Incurred after the 2021 Amendment Effective Date by the Borrower pursuant to and in accordance with subsection 2.9.
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Incremental Indebtedness as defined in the ESH Revolving Credit Agreement as in effect as of the First Amendment Effective Date.
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Incremental Indebtedness. Indebtedness incurred by the Borrower pursuant to Section 7.2(s) (i) that is pari passu or junior to the Obligations, (ii) the maturity date of which is not prior to the Revolving Termination Date, (iii) the Weighted Average Life to Maturity of which is equal to or greater than the Weighted Average Life to Maturity of the Indebtedness under this Agreement and (iv) which is subject to a Customary Intercreditor Agreement.
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Incremental Indebtedness means, with respect to any Person with respect to any issuance or incurrence of Subject Indebtedness of such Person without duplication:
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