Define: Outstanding Debt

How is Outstanding Debt defined in a legal contract?

• Outstanding Debt means all the adjusted amounts that are due to the members of an authorized committee who give their consent for the approval of a successful strategy plan. This plan is described in an Information Memorandum. Seen in 17 SEC filings
• Outstanding Debt means the total sum of the current principal amount of a note and the amount of interest due according to the interest payment agreement at a particular instance. Seen in 13 SEC filings
• Outstanding Debt means all debt owed by a company to the respective classes of creditors that remains outstanding according to the latest audited financial statement. Seen in 9 SEC filings
• Outstanding Debt means the total Fund Based Outstanding Debt and Non-Fund Based Outstanding Debt including all amounts remaining under the Facilities as of a specific date. Seen in 5 SEC filings
• Outstanding Debt means the total of all principal, accrued interest, fees, costs, expenses, other liabilities payable under the finance documents, and any amount equal to the cost indicated by the Lenders as the cost of discontinuing any funding arrangements or hedging arrangements. Seen in 4 SEC filings
• Outstanding Debt means the remaining principal amount of a note and all accrued and unpaid interest on it at a particular moment. Seen in 4 SEC filings
• Outstanding Debt means the consolidated outstanding debt of a company at any given date, minus any accrued and unpaid interest on it, determined following generally accepted accounting principles. Seen in 4 SEC filings
• Outstanding Debt means all the debt obligations of a company exceeding a certain number, on a consolidated basis, pursuant to borrowing arrangements, but excluding trade payables and accrued liabilities provided by vendors in the ordinary course of business, accrued interest on any debt obligations, repurchase agreements and deferred revenues. Seen in 3 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of outstanding debt' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Outstanding Debt means all amounts due including principal, accrued interest and other fees, determined following standard accounting principles.

Relevant Contract Types

• Loan Agreements
• Credit Facility Agreements
• Debt Settlement Agreements

Relevant Circumstances

• When a business is negotiating a loan or credit arrangement
• During the process of debt consolidation or restructuring
• During the acquisition or merger of a company with outstanding debt

Relevant Sectors

• Finance
• Real Estate
• Retail

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Genie Definition 2

Outstanding Debt means all amounts due by an entity to creditors, as described in latest financial statements.

Relevant Contract Types

• Asset Purchase Agreements
• Mergers and Acquisitions Agreements

Relevant Circumstances

• When an entity is buying or selling assets and needs to understand the liabilities tied to those assets
• During the due diligence process in an M&A transaction

Relevant Sectors

• Manufacturing
• Technology
• Healthcare

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