Incurrence of indebtedness

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August undefined, 2024

WebAUTHORIZING AND PROVIDING FOR THE INCURRENCE OF INDEBTEDNESS IN THE PRINCIPAL AMOUNT OF. FOR THE PURPOSE ... The indebtedness hereby authorized to be incurred, together with the interest thereon, shall be payable from the gross income and revenue to be derived from the operation of the Facility, a sufficient portion of which, to … WebNet Debt Issuance Proceeds means, an amount equal to, with respect to any incurrence of any Indebtedness of the Borrower or any Restricted Subsidiary, the cash payments …

26 U.S. Code § 2031 - Definition of gross estate

WebCompany Overview. OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage ... WebIncurrence of Debt Promptly (but in any event within one (1) Business Day) upon receipt by any Credit Party or any Restricted Subsidiary of any Credit Party of the Net Cash Proceeds … phillydrive

High-Yield Debt Covenants and Their Real Effects - Federal …

WebKirkland advised Banijay Group on the amendment and extension of its €453 million term loan facility, $460 million term loan facility and the incurrence of ... WebSep 9, 2024 · The collateral coverage ratio would be an incurrence test that requires the borrower to show the value of collateral (either book value or fair market value as determined in good faith) is at a pre-agreed multiple of total debt or first lien debt at the time a basket is used or other transaction is consummated. WebExamples of Incurrence of Indebtedness in a sentence Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. The Indenture imposes certain limitations … philly drinks

Incurrence Definition & Meaning - Merriam-Webster

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 … 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 … phillydrive.comWebThe term “debt-financed property” means any property with respect to which there is an acquisition indebtedness (as defined in clause (ii)) on the date of the decedent’s death. … tsaw clearwater fl 33762

"WebDec 5, 2024 · (a) No A county, city, town, township, board of education, or school district, shall not incur any indebtedness or liability in any manner or for any purpose exceeding in any year the income and revenue provided for such that year, without the assent of two-thirds of the voters of the public entity voting at an election to be held for that … " - Incurrence of indebtedness

Incurrence of indebtedness

Debt Limitation Definition - Investopedia

WebThe Company considers the items in shareholders' equity as capital and manages the capital structure by issuing treasury shares, the potential sale of assets, the incurrence of debt or … WebTo 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 individual incurs a liability when a money judgment is rendered against him or her by a court. West's Encyclopedia of American Law, edition 2.

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Webincurrence 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 … 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 …

WebJul 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... WebProcedure 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.

WebAug 29, 2024 · Incurrence of a Financial Obligation. A financial obligation generally should be considered to be incurred when it is enforceable against an issuer or obligated person. Web"incurrence" in a sentence "incurrence" (1) Results The incurrenceof decubital ulcer in hospital was eliminated. (2) Results The incurrenceof decubital ulcer in hospital was eliminated. (3) Again, any incurrenceof indebtedness by Liverpool Football Club needs full Board approval.

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.

WebSep 22, 2014 · (2) approve the incurrence of indebtedness by the limited liability company other than in the ordinary course of its business; or (3) adopt, amend, restate or revoke the articles of organization or operating agreement, subject to the provisions in subdivision (e) of this section, subdivision (b) of section six hundred nine of this tsa water bottle sizeWebIncurrence of Indebtedness. Incur any indebtedness for borrowed money or issue any debt securities or assume, guarantee or endorse, or otherwise become responsible for the … tsawcomeWeb(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) … phillydronelifeWebThe 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 … philly drive by shootingWebJun 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 utlilize leverage ratios, such... tsa water bottle for babyWebIncur. 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 … tsa water filter philly drive