Incurrence of indebtedness

Author: jtuj

August undefined, 2024

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 … 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

Incurrence Definition & Meaning - Merriam-Webster

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 … 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 ... rc hobby shops in ithaca ny

Incur Indebtedness Sample Clauses Law Insider

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) … 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 … 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 … sims 4 sims downloads

Incurrence of Indebtedness Definition Law Insider

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

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. 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 … rc hobby shops in alabamaWebFeb 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. rc hobby shops in bakersfield ca

"WebThe indebtedness is acquisition indebtedness since such indebtedness, though incurred subsequent to the improvement of the office building, would not have been incurred but … " - Incurrence of indebtedness

Incurrence of indebtedness

Use "incurrence" in a sentence "incurrence" sentence examples

Webthe 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. 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.

Did you know?

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 … WebIncurrence of Indebtedness. Incur any indebtedness for borrowed money or issue any debt securities or assume, guarantee or endorse, or otherwise become responsible for the …

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 … 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 …

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... 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), …

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.

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. sims 4 simsenshiWebAUTHORIZING AND PROVIDING FOR THE INCURRENCE OF INDEBTEDNESS IN THE PRINCIPAL AMOUNT OF FOR THE PURPOSE OF PROVIDING A PORTION OF THE COST OF ACQUIRING AND CONSTRUCTING A ... The indebtedness hereby authorized to be incurred, together with the interest thereon, shall be payable from the gross income and revenue to … rc hobby shops in middletown new yorkWeb(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 … rc hobby shops in fort myersWebApr 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. rc hobby shop scarboroughWebJun 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... sims 4 simsecretWebmeans a payment or transfer by a fiduciary to a beneficiary in the beneficiary’s capacity as a beneficiary, made under the terms of the trust, without consideration other than the … rc hobby shops in flemington new jerseyWebDec 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 … sims 4 sims file share