Incurrence of indebtedness

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

High-Yield Indenture: Limitation on Indebtedness Covenant

WebExamples of Incurrence of Indebtedness in a sentence Section 4.09 Incurrence of Indebtedness and Issuance of Preferred Stock. The Indenture imposes certain limitations … 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 … chrysler pacifica 4 wheel drive https://aweb2see.com

Indebtedness Incurrence Definition Law Insider

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 … 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 WebJun 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... describe a national day in your country

Loan Resolution Security Agreement - USDA

Category:Incurrence of Indebtedness Sample Clauses - Law Insider

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Incurrence of indebtedness

Net Debt Issuance Proceeds Definition Law Insider

WebIndebtedness is typically defined broadly and includes, among other things, any indebtedness for borrowed money as well as any guarantees, capital lease obligations, and obligations with respect to deferred purchase price … 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 …

Incurrence of indebtedness

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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 … 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 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. 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 …

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Webmeans 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 …

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... describe an art exhibitionWebProcedure 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. describe anatomy of the reproductive systemWebIncurrence of Indebtedness. Incur any indebtedness for borrowed money or issue any debt securities or assume, guarantee or endorse, or otherwise become responsible for the … describe ancient egyptian societyWebCompany 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. describe and evaluate asch\u0027s researchWebThe indebtedness is acquisition indebtedness since such indebtedness, though incurred subsequent to the improvement of the office building, would not have been incurred but … describe and evaluate milgram\u0027s researchWebTo 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. describe and evaluate the wmmWebAUTHORIZING 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 … chrysler pacifica amp location