Definitions of Terms Used Herein Sample Clauses

Definitions of Terms Used Herein. (a) "Borrower" includes all individuals executing this agreement as parties hereto and all members of a partnership when the Borrower is a partnership, each of whom shall be jointly and severally liable individually and as partners hereunder. (b) "Liability" or "Liabilities" includes all liabilities (primary, secondary, direct, contingent, sole, joint or several) due or to become due, or that may be hereafter contracted or acquired, of the Borrower (including the Borrower and any other person) to the Bank, including without limitation all liabilities arising under or from any note, loan or credit agreement, letter of credit, guaranty, draft, acceptance, interest rate or foreign exchange agreement or any other instrument or agreement of (or the responsibility of) the Borrower or any loan, advance or other extension of credit or financial accommodation to the Borrower by the Bank. (c) "Proceeds" means whatever is received when Collateral is sold, exchanged, leased, collected or otherwise disposed of and includes the account arising when the right to payment is earned under a contract. (d) "Security Interest" means a lien or other interest in Collateral which secures payment of a liability or performance of an obligation. (e) "Collateral" means the property described in Section 2 hereof and the following described property of the Borrower: SEE SCHEDULE 1 ATTACHED HERETO AND MADE A PART HEREOF All terms used herein which are also defined in the New York or any other applicable Uniform Commercial Code shall also have at least the meanings herein as therein defined.
AutoNDA by SimpleDocs
Definitions of Terms Used Herein. As used herein, the following terms shall have the following meanings:
Definitions of Terms Used Herein. All capitalized terms used herein but not defined herein shall have the meanings set forth in the Credit Agreement. As used herein, the following terms shall have the following meanings:
Definitions of Terms Used Herein. All terms defined in the Loan Agreement, as amended hereby, and not otherwise defined herein, shall have the meaning defined in the Loan Agreement, as amended hereby, when used herein.
Definitions of Terms Used Herein. (a) "Borrower" includes all individuals executing [this] agreement as parties hereto and all members of a partnership when Borrower is a partnership, each of which shall be jointly and severally liable individually and as partners hereunder. (b) "Liability" or "liabilities" includes all liabilities (primary, secondary, direct, contingent, sole, joint or several) due or to become due, that may be hereafter contracted or acquired, of Borrower (including Borrower and any other person or Bank, including without limitation all liabilities arising under or from any note, loan or credit agreement, letter of credit, guaranty, draft, acceptance, interest rate or foreign exchange agreement or any other instrument or agreement of (or the responsibility of) the Borrower or any loan, advance or other extension of credit or financial accommodation to Borrower by Bank. (c) "Proceeds" means whatever is received when Collateral is sold, exchanged, leased, collected or otherwise disposed of and includes the account arising when the right to payment is earned under a contract. (d) "Security interest" means a lien or other interest in Collateral which secures payment of a liability or performance of an obligation. (e) "Collateral" means any property described in Section 2 hereof and the following described property of the Borrower: All equipment, including but not limited to machinery and furniture and fixtures, whether now or hereafter existing or now owned or hereafter acquired and wherever located, all replacements, repairs, additions, substitutions and accessions thereto, all proceeds thereof (including, without limitations, all claims against third parties for loss or damage to or destruction of any or all of the foregoing) and all books, records and other property relating to any of the foregoing. All terms used herein which are also defined in the New York or any other applicable Uniform Commercial Code shall also have at least the meanings herein as therein defined.
Definitions of Terms Used Herein. (a) "Borrower" includes all individuals executing this agreement as parties hereto and all members of a partnership when Borrower is a partnership, each of whom shall be jointly and severally liable individually and as partners hereunder. (b) "Liability" or "liabilities" includes all liabilities (primary, secondary, direct, contingent, sole, joint or several) due or to become due, or that may be hereafter contracted or acquired, of Borrower (including Borrower and any other person) to Bank, including without limitation all liabilities arising under or from any note, loan or credit agreement, letter of credit, guaranty, draft, acceptance, interest rate or foreign exchange agreement or any other instrument or agreement of (or the responsibility of) the Borrower or any loan, advance or other extension of credit or financial accommodation to Borrower by Bank. (c) "Proceeds" means whatever is received when Collateral is sold, exchanged, leased, collected or otherwise disposed of and includes the account arising when the right to payment is earned under a contract. (d) "Security interest" means a lien or other interest in Collateral which secures payment of a liability or performance of an obligation. (e) "Collateral" means the property described in Section 2 hereof and the following described property of the Borrower:
Definitions of Terms Used Herein. (a) Capitalized terms used in this Agreement and not otherwise defined herein have the meanings given to them in the Indenture or the Debentures Agreement, as applicable. In addition, all terms defined in the New York UCC (as defined herein) and not defined in this Agreement have the meanings specified therein.
AutoNDA by SimpleDocs
Definitions of Terms Used Herein. As used herein, the following terms shall have the following meanings: NY1-497048 EXECUTION
Definitions of Terms Used Herein a. Any Terms not defined herein shall be accorded the same meaning designated by that certain Promissory Note entered into by the parties as of the date hereof.
Definitions of Terms Used Herein. Terms defined in the Credit Agreement and not otherwise defined herein, shall have the meaning set forth in the Credit Agreement. As used in this Agreement, unless the context otherwise requires:
Time is Money Join Law Insider Premium to draft better contracts faster.