Incurrence of indebtedness
WebIncur. To become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An … WebSample 1. Incur Indebtedness. Incur, create, assume or permit any Indebtedness other than Permitted Debt and Indebtedness secured by the Mezzanine Loan Documents to which …
Incurrence of indebtedness
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WebCompany B has an incurrence covenant that ties verification of indebtedness to the firm’s engagement in restricted actions, such as distributions to equity holders, capital expenditures, or acquisitions. WebApr 27, 2024 · “Existing Indebtedness” means (a) Indebtedness of the Company and its Subsidiaries (other than Indebtedness in respect of the DT Notes) in existence on the …
WebIndebtedness means (a) any liabilities for borrowed money or amounts owed in excess of $50,000 (other than trade accounts payable incurred in the ordinary course of business), … Web(vi) the incurrence, creation, assumption or guarantee of any Indebtedness (as defined in the Current Credit Agreement, as amended by the amendments thereto entered into on October 21, 2024, without any further amendments, modifications or supplements thereto, the “ Amended Current Credit Agreement ” and, in all cases as used in this clause (vi) …
WebThe definition of indebtedness is often negotiated and typically includes items that do not strike you as debt (i.e., net hedging obligations and the obligations of other persons that … WebThe very high value of the deficit-debt adjustments is explained both by the net acquisition of financial assets and the net incurrence of liabilities in 2005 and by the increase in …
Web(a) all indebtedness of such Person for borrowed money or for the deferred purchase price of assets or services or which is evidenced by a note, debenture or similar instrument, to the extent it would appear as a liability upon a balance sheet of such Person prepared in …
WebFeb 5, 2024 · Meaning: n. the act of incurring (making yourself subject to something undesirable). Random good picture Not show 1, Will the transaction result in the incurrence of transfer, use, property or other local or foreign taxes? 2, Results The incurrence of decubital ulcer in hospital was eliminated. raymond e. feist reading orderWebProcedure for incurrence or issuance of special indebtedness. (a) Notice and Certificate. - Whenever the State or a State agency determines that special indebtedness is appropriate to finance capital facilities, it shall notify the Department of Administration. raymond e. feist written worksWebincurrence noun in· cur· rence in-ˈkər-ən (t)s -ˈkə-rən (t)s : the act or process of incurring Word History First Known Use circa 1656, in the meaning defined above Time Traveler … simplicity snow blower 1695986Webthe indebtedness incurred after the acquisition of such property if such indebtedness would not have been incurred but for such acquisition and the incurrence of such indebtedness was reasonably foreseeable at the time of such acquisition, and (IV) the extension, renewal, or refinancing of an acquisition indebtedness. raymond e fowler booksWebJul 18, 2024 · FINANCIAL INDEBTEDNESS 2.1 Except as permitted under paragraph 2.2 below, neither the Issuer nor any other member of the Group may incur or allow to remain outstanding any Financial... raymond egerton obituaryWebApr 11, 2024 · 11 April 2024 Kirkland & Ellis advised Banijay Group, owned by FL Entertainment (AMS:FLE), on the amendment and extension of its €453 million term loan facility, $460 million term loan facility and the incurrence of additional indebtedness in an amount equivalent to €200 million. raymond e frost \u0026 associatesWebIndebtedness Incurrence means any incurrence by the Borrower or any of its Subsidiaries of any Indebtedness, other than Indebtedness permitted under Section 6.01 (a) (i) through ( … simplicity snowblower 1226l belts