Indebtedness

Indebtedness. Means, with respect to any Person at any date of determination (without duplication), (i) all indebtedness of such Person for borrowed money, and (ii) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; provided (A) that the amount outstanding at any time of any Indebtedness issued with original issue discount is the face amount of such Indebtedness less the unamortized portion of the original issue discount of such Indebtedness at the time of its... issuance as determined in conformity with GAAP, (B) money borrowed at the time of the Incurrence of any Indebtedness in order to pre-fund the payment of interest on such Indebtedness shall be deemed not to be "Indebtedness" and (C) that Indebtedness shall not include any liability for federal, state, local or other taxes. View More

Indebtedness. Means: in respect of any Person (i) all obligations of such Person for borrowed money or for the deferred purchase price of property (including capitalized lease obligations) or services; (ii) all guarantees, reimbursement, payment or similar obligations, absolute, contingent or otherwise by such Person of Indebtedness of other Persons or under bankers acceptances, letters of credit or similar facilities, and (iii) if such Person is a Consolidated Entity, all Swap Obligations by such Person.

Indebtedness. Of any Person means as of the date of any determination thereof, (i) all indebtedness for borrowed money or purchase money financing, (ii) all indebtedness evidenced by a note, bond, debenture or similar instrument (but only to the extent actually disbursed), (iii) the face amount of all letters of credit and, without duplication, all unreimbursed amounts drawn thereunder, (iv) all payment obligations under any interest rate protection agreements and currency swaps and similar agreements, (v)... all indebtedness under capitalized leases, (vi) all obligations to pay money or assume indebtedness in respect of the acquisition of property, securities and other assets, (vii) all obligations in respect of guaranties, (viii) all obligations to purchase, repurchase or otherwise acquire, to supply or advance funds or to become liable (directly or indirectly) with respect to any indebtedness or obligation of any Person and (ix) all refundings, renewals, extensions or restatements of any of the foregoing. View More

Indebtedness. With respect to any Person, all obligations, contingent or otherwise, which in accordance with generally accepted accounting principles are required to be classified upon the balance sheet of such specified Person as liabilities.

Indebtedness. Shall mean any obligation of the referenced party hereto which under generally accepted accounting principles is required to be shown on the balance sheet of such party as a liability. Any obligation secured by a Lien on, or payable out of the proceeds of production from, property of the referenced party hereto shall be deemed to be Indebtedness of such party even though such obligation is not assumed by such party. 25 "INDEBTEDNESS FOR BORROWED ... MONEY" shall mean (a) all Indebtedness of the referenced party hereto in respect of money borrowed including, without limitation, Indebtedness which represents the unpaid amount of the purchase price of any property and is incurred in lieu of borrowing money or using available funds to pay such amounts and not constituting an account payable or expense accrual incurred or assumed in the ordinary course of business of the Company, (b) all Indebtedness of the referenced party hereto evidenced by a promissory note, bond or similar written obligation to pay money, and (c) all such Indebtedness guaranteed by the referenced party hereto or for which such party is otherwise contingently liable. View More

Indebtedness. Means, of any Person, without duplication, (a) indebtedness for borrowed money or indebtedness issued or incurred in substitution or exchange for indebtedness for borrowed money, (b) indebtedness evidenced by any note, bond, debenture, mortgage or other debt instrument or debt security, (c) obligations under any interest rate, currency or other currency hedging agreement, (d) obligations under any performance bond or letter of credit, but only to the extent drawn or called prior to the Closing... Date, (e) all capitalized lease obligations as determined under GAAP, (f) guarantees with respect to any indebtedness of any other Person of a type described in clauses (a) through (e) above, (g) for clauses (a) through (f) above, all accrued interest thereon, if any, and any termination fees, prepayment penalties, "breakage" cost or similar payments associated with the repayments of such Indebtedness on the Closing Date. For the avoidance of doubt, Indebtedness shall not include (a) any obligations under any performance bond or letter of credit to the extent undrawn or uncalled, (b) any Indebtedness included in the calculation of current liabilities in the determination of Working Capital (as determined in accordance with the calculations set forth on Section 2(c) of the Disclosure Schedule), (c) operating leases, (d) deferred tax liabilities or (e) retirement benefit liabilities. View More

Indebtedness. Means all liabilities, contingent, fixed or otherwise, (a) for borrowed money, (b) evidenced by bonds, notes, debentures or similar instruments or representing the deferred portion of the purchase price of any property, (c) secured by a lien, encumbrance or security interest upon property owned by the Corporation or its subsidiaries, or (d) relating to a capitalized lease obligation.

Indebtedness. Of any Person means all obligations of such Person for borrowed money or evidenced by bonds, notes, debentures or similar instruments, and capitalized lease obligations.

Indebtedness. Has the meaning set forth in the Loan Agreement, as in effect on the date hereof.

Indebtedness. Is (a) indebtedness for borrowed money or the deferred price of property or services, such as reimbursement and other obligations for surety bonds and letters of credit, (b) obligations evidenced by notes, bonds, debentures or similar instruments, (c) capital lease obligations and (d) Contingent Obligations. -19- "INSOLVENCY PROCEEDING" are proceedings by or against any Person under the United States Bankruptcy Code, or any other bankruptcy or insolvency law, including assignments... for the benefit of creditors, compositions, extensions generally with its creditors, or proceedings seeking reorganization, arrangement, or other relief. View More