Permitted indebtedness

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August undefined, 2024

Web“ Permitted Indebtedness ” means: (a) Borrower’s Indebtedness to the Lenders and Agent under this Agreement and the other Financing Documents; (b) Indebtedness existing on the Closing Date and described on the Disclosure Schedule; (c) Indebtedness secured by Permitted Liens; (d) Subordinated Debt; (e) Indebtedness arising under the 2024 … WebPermitted Financial Indebtedness) •Acceptable Funding Sources can also be used to restrict sources of funding for acquisitions, joint ventures and debt buy-backs or (sometimes, and in such cases usually excluding Permitted Financial Indebtedness) to increase an available capped basket or leverage / FCCR based basket for

EX-10.4

WebJul 26, 2013 · “ Permitted Indebtedness ” means (a) the indebtedness evidenced by the Debentures, (b) the Indebtedness existing on the Original Issue Date and set forth on Schedule 3.1 (aa) attached to the Purchase Agreement, (c) indebtedness incurred in the ordinary course of business of up to $3,000,000, (d) trade account payables and expenses … WebFeb 17, 2009 · The indebtedness covenant generally restricts the issuer and any restricted subsidiary from incurring additional debt except in two circumstances: · If the issuer … unsplash wildfire

Leveraged Finance Briefing

Webindebtedness incurred under existing bank lines or credit facilities or otherwise given to lending institutions to secure indebtedness that matures within a fixed period (such as 18 … WebDec 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 … Web“7.13 Maintenance of Accounts. (i) Maintain any deposit account or account holding securities owned by Borrower except (a) accounts with the lender providing Borrower with Indebtedness permitted under subsection (d) of the definition of Permitted Indebtedness or (b) accounts with respect to which Lender is able to take such actions as it deems … unsplash suomi

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WebDec 30, 2024 · If you are single or married and filing jointly, and you’re itemizing your tax deductions, you can deduct the interest on mortgage debt up to $750,000. If you are married and filing separately ... WebJun 29, 2024 · Additional indebtedness provisions are now fairly lengthy and are important parts of loan documentation. Previously, there was little scope for additional tranches of debt and the expectation was that this would be provided on similar terms to the existing facility and often by the same lenders. unspoken attraction between coworkersWeb“Acquired Indebtedness” means Indebtedness of a Person whose assets or equity interests are acquired by Borrower or any of its Subsidiaries in a Permitted Acquisition; provided, that such Indebtedness (a) is either purchase money Indebtedness or a capital lease with respect to Equipment or mortgage financing with respect to real property ... unsplash video

"WebMar 11, 2010 · “ Permitted Indebtedness ” means and includes: (a) Indebtedness of Borrower to Lender; (b) Indebtedness arising from the endorsement of instruments in the ordinary course of business; (c) Indebtedness existing on the date hereof and set forth on the Disclosure Schedule; " - Permitted indebtedness

Permitted indebtedness

Webchecks, drafts, or other evidences of indebtedness made payable to itself or persons other than the requisite registered broker or dealer carrying the account of a customer, escrow agent, issuer, ... /01 Permitted to Elect Alternative Standard . Broker-dealers who are exempt from SEA Rule 15c33 pursuant to a (k)(2)(i) exemption - WebApr 12, 2024 · Unlimited tax general obligation (UTGO) bonds (also called voted debt) must be approved by 60% of the voters, with a voter turnout equal to at least 40% of those who voted in the most recent general election.

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WebJan 19, 2024 · If, instead, a borrower is permitted to use the “open market purchase” and “Dutch auction” mechanisms provided in many credit agreements to repurchase or exchange loans with a subset of its lenders, it can gain negotiating leverage with the remaining lenders in a restructuring. WebPermitted Indebtedness means (x) any liabilities for borrowed money or amounts owed not in excess of $200,000 in the aggregate (other than trade accounts payable incurred in the …

Web(b) Permitted Convertible Indebtedness. Except for redemptions or repurchases of the Existing Convertible Notes, make any payment or prepayment of principal of, premium, if any, or interest on, or redemption, purchase, retirement, defeasance (including in … Webindebtedness owed to the lender. Determining whether an Article 9 Sale is a secured creditor’s best option depends on specific practical considerations that it must evaluate in each situation (see Advantages and Disadvantages of Conducting Article 9 Sales). ARTICLE 9 SALE TIMELINE Following a debtor’s default, a secured creditor must take ...

WebJan 11, 2024 · At the date of acquisition the total indebtedness secured by such lien shall not exceed 90% of the market value of the property upon which it is a lien, unless that portion of the total indebtedness in excess of 90% of market value is insured by a mortgage insurance company authorized by the commissioner of insurance to do business in this … Webborrowed under the revolver or under other permitted debt facilities). Interplay with consolidated net income/EBITDA definition. Some restricted payments to a parent entity …

WebPermitted Indebtedness (Debt) Definitions (Debt Securities): Depending on the circumstances of a particular offering of debt securities, the terms of the securities may include a limitation on indebtedness (debt) covenant. For more information, see …

WebConfidential, for Use of Commission Only (as permitted by Rule 14a-6(e)(2)) ... extending the maturity and restructuring certain payment terms of the Company’s outstanding indebtedness; and (iv) raising substantial equity capital to address the Company’s going concern and critical liquidity issues, determined to increase the annual base ... recipes with frozen burger pattiesWeb“ (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 increased or the terms thereof are not modified to impose more burdensome terms upon Borrower or its Subsidiary, as the case may be.” recipes with frozen cauliflower gnocchiWeb“Permitted Liens” means: (i) Liens in favor of Agent on behalf of Lenders; (ii) Liens disclosed in the Disclosure Schedule, including the Pinnacle Debt; (iii) Liens for taxes, fees, … recipes with frozen chopped kaleWebAll indebtedness and other obligations of Borrower to any other party other than any Permitted Convertible Indebtedness (as defined below) shall be subordinated in right of repayment to all indebtedness and other obligations of Borrower to Bank, as evidenced by and subject to the terms of subordination agreements in form and substance … unspoken attraction at workWebMany translated example sentences containing "permitted indebtedness" – French-English dictionary and search engine for French translations. unspoken a story of the underground railroadWeb“ Indebtedness ” means (a) all obligations of a Loan Party for borrowed money, (b) all obligations of a Loan Party evidenced by bonds, debentures, notes, or other similar instruments and all reimbursement or other obligations of a Loan Party in respect of letters of credit, bankers acceptances, interest rate swaps, or other financial products, … unsplit an access database recipes with frozen chicken nuggets