Prior Obligations definition

Prior Obligations means all those obligations - even if they are not yet liquid and/or payable - that have already been acquired at the time of effect of this bank guarantee; “future obligations” shall mean all those obligations acquired after such time.

Prior Obligations means all those obligations - even if they are not yet liquid and/or payable - that have already been acquired, pursuant to one or more participation agreements mentioned above, at the time of effect of this bank guarantee; “future obligations” shall mean all those obligations acquired, pursuant to one or more participation agreements mentioned above, after such date.

Prior Obligations means (a) with respect to any Common Collateral consisting of ABL Collateral or Non-ABL Collateral or any Junior Liens thereon, any Obligations that are secured by Prior Liens on such Common Collateral and (b) with respect to any Junior Obligations or Junior Secured Parties secured by any Common Collateral consisting of ABL Collateral or Non-ABL Collateral, any Obligations that are secured by Prior Liens on such Common Collateral, but, in each case, only insofar as such Obligations are secured by such Prior Liens, it being agreed that, to the extent provided herein, it being agreed that, to the extent provided herein, Obligations secured by Prior Liens on the ABL Collateral or Non-ABL Collateral, as the case may be, may also be secured by Junior Liens on other Common Collateral and insofar as they shall be secured by such Junior Liens on such other Common Collateral shall constitute Junior Obligations with respect thereto.

Examples of Prior Obligations in a sentence

• When the legal identity or status of Attaching Party changes, whether by incorporation, reincorporation, merger, acquisition, or otherwise, such change shall be treated as an assignment subject to the provisions of this article.11.3 Assignment Shall Not Relieve Attaching Party of Prior Obligations.

• For a public purpose, the state and its political subdivisions or political corporations may engage in cooperative endeavors with each other, with the United States or its agencies, or with any public or private association, corporation, or individual.(D) Prior Obligations.

• The General Bond Resolution and the Trust Agreement, as amended and supplemented to date including by this Resolution, and the Obligations issued to date thereunder, including the Prior Obligations, are hereby approved, ratified and confirmed.

• Any such person or corporation that desires to become a party to this Master Agreement will provide the Union with an executed Bargaining Authorization and Voluntary Recognition Agreement (“BAVRA”), attached at Schedule A, which is a statement of agreement to be bound to the terms and conditions of this Master Agreement for a specific production along with an acknowledgement of the Union’s Prior Obligations set forth in the written notice described in Article 1.03 below.

• The Management Lease unavoidably requires the City to take all appropriate action necessary to convert the tax status of the Prior Obligations from tax-exempt to taxable.

More Definitions of Prior Obligations

Prior Obligations means the obligations secured by the same revenue source that secures the Bonds and specified in Schedule 1 of the Loan Agreements.

Prior Obligations. No situation of force majeure pursuant to this clause shall relieve either party of any duty or obligation under this agreement which relates to a period prior to the existence of the situation of force majeure and had arisen or been incurred prior to the existence of the situation of force majeure.

Prior Obligations means the Guaranteed Obligations, the Indemnified Amounts and Restricted Subsidiary Obligations;

Prior Obligations means the $8,000,000 aggregate principal amount of the Authority's Water Facilities Refunding Revenue Bonds (The Connecticut Water Company Project - 1993 Series).

Prior Obligations means the Series 2001 Bonds, Series 2001 Swap Agreement, the Series 2003 Bonds, the Notes heretofore issued, the Series 2004 Bonds, the Series 2006A Bonds, the Series 2006B Bonds, the Series 2006C Bonds, the Series 2008A Bonds, the Series 2008B Bonds, the Series 2009 Bonds, the Series 2012 Bonds, the Series 2012 OAQDA Bonds, the Housing For Ohio Guaranty Bonds and the Series 2013 Bonds.

Prior Obligations means the 2008 City Lease, the 2010 City Lease and the 2012 Purchase Agreement.

Prior Obligations means collectively, the indebtedness under or pursuant to, as applicable, (i) the Credit Agreement dated as of February 4, 1998, as amended and restated as of July 31, 1998, among ICM, Great Northern Equipment, Inc., Xxxxxxxx Bros. Construction, Inc., the Prior Lenders, Bankers Trust Company as Syndication Agent and Co-Agent, GE Capital as Documentation Agent and Co-Agent and The CIT Group/Equipment Financing, Inc. as Agent, as subsequently amended; (ii) the Loan Agreement dated August 10, 1998 between The CIT Group/Equipment Financing, Inc. and H&E, as subsequently amended; and (iii) the 10% Senior Subordinated Promissory Note dated February 20, 2002 issued by ICM to Xxxx Xxxxxxxx.