Permitted financial indebtedness meaning
WebFinancial Indebtedness means any indebtedness in respect of: (A) monies borrowed; (B) any debenture, bond, note, loan stock or other security; (C) any acceptance credit; (D) the … WebJan 1, 1997 · The term "future indebtedness" includes not only a present obligation to pay a sum certain in the future but also a present obligation to pay an unquantified sum in the …
Permitted financial indebtedness meaning
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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 … WebThe Audit Committee provides risk oversight of the Company’s financial statements, the Company’s compliance with legal and regulatory requirements and corporate policies and controls, including controls over financial reporting, computerized information systems and cyber security, the independent auditor’s selection, retention ...
WebJun 30, 2024 · Debt limitation is a bond covenant that seeks to protect current lenders by restricting the amount of additional debt that the issuer might incur. Debt limitations … WebApr 11, 2024 · (2) "General obligation debt" shall mean any indebtedness of the State which shall be secured in whole or in part by a pledge of the full faith, credit and taxing power of the State. (3) General obligation debt may not be incurred except for a public purpose and all general obligation debt shall mature not later than thirty years from the time ...
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 … Web“Financial Statements” has the meaning given to it in Section 7.1. ... Liens on cash or cash equivalents securing obligations permitted under clauses (vii) or (xiii) of the definition of Permitted Indebtedness; and (xv) rights of setoff or bankers’ liens upon deposits of funds in favor of banks or other depositary institutions, solely to ...
WebJul 7, 2024 · Usually a borrower (or its lawyers) can confirm the position by reviewing any existing finance documents previously entered into between that borrower, any obligors … terraria but i\u0027m the clicker classWeb“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 … terraria building blocksWebAmend the definition of “Permitted Financial Indebtedness” to include Financial Indebtedness which is incurred expressly for Water Sustainability Investments. Amend … terraria calamity accessory slotWeb(e) indebtedness incurred in respect of hedging transactions permitted under the General Ordinance and the WIFIA Loan Documents. “Permitted Investments” means (with respect to the investment of the proceeds of the WIFIA Loan) any investment permitted under the then-current Investment Policy of the City. “Permitted Liens” means: terraria calamity accessories for rangedWebPermitted 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 … tri county redding caWebA voluntary-prepayment basket that recaptures borrowing capacity by permitting the borrower to incur incremental indebtedness in an amount equal to the amount of … terraria but in spaceWebApr 1, 2024 · If the lien is being granted on assets that do not secure the existing debt (whether the existing debt is secured or unsecured), the company must rely on a … tri county refrigeration albany