Eligible Debt

Example Definitions of "Eligible Debt"
Eligible Debt. The Corporation represents and warrants that the Initial Covered Debt is Eligible Debt.
Eligible Debt. Means, at any time, Eligible Subordinated Debt or Eligible Senior Debt. The Subordinated Debentures shall not be considered "Eligible Debt" for purposes of the Replacement Capital Covenant.
All Definitions