Indebtedness Defined. The word "Indebtedness" is used herein in its most comprehensive sense and includes any and all advances, debts, obligations and liabilities of Borrower heretofore, now or hereafter made, incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, and whether Borrower may be liable individually or jointly with others, including without limitation, obligations and liabilities arising from notes, repurchase agreements and trust receipts.
Indebtedness Defined. All the above items of indebtedness described in subparagraphs (a) of Section 2.1 and subparagraphs (c) through (f) of Section 2.1 hereof in respect of the Priority Lien Debt, are hereinafter collectively referred to as the "Priority Lien Indebtedness." And all the above items of indebtedness described in subparagraphs (b) of Section 2.1 and subparagraphs (c) through (f) of Section 2.1 hereof in respect of the Parity Lien Debt, are hereinafter collectively referred to as the "Parity Lien Indebtedness"; the Priority Lien Indebtedness and the Parity Lien Indebtedness are collectively referred to as the "Indebtedness".
Indebtedness Defined. The word “Indebtedness” is used herein in its most comprehensive sense and includes any and all advances, debts, obligations and liabilities of Borrower heretofore, now or hereafter made, incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, including under any swap, derivative, foreign exchange, hedge, deposit, treasury management or other similar transaction or arrangement, and whether Borrower may be liable individually or jointly with others, including without limitation, obligations and liabilities arising from notes, repurchase agreements and trust receipts, and any and all interest and other amounts thereon which may accrue subsequent to Borrower becoming subject to any state or federal debtor-relief statute. Notwithstanding the foregoing or anything in this Subordination Agreement to the contrary, the definition of Junior Debt shall not include and this Subordination Agreement shall not apply to any salary, wages, bonuses, stock options, employee benefits, employment contract obligations, split dollar life insurance programs, board fees and other similar compensation paid or owing by Borrower to Creditor in his capacity as an employee or director of Borrower and any reimbursements in the ordinary course related thereto.
Indebtedness Defined. All the above items of indebtedness are hereinafter collectively referred to as the “Indebtedness”.
Indebtedness Defined. The word AIndebtedness@ is used herein in its most comprehensive sense and includes any and all advances, debts, obligations and liabilities of Borrower heretofore, now or hereafter made, incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, and whether Borrower may be liable individually or jointly with others, including without limitation, obligations and liabilities that: (i) arise from notes, letters of credit issued for the account of Borrower, repurchase agreements and trust receipts; (ii) are incurred for all or any part of the purchase price of property or other assets or for the cost of property or other assets constructed or of improvements thereto; and (iii) are secured by any pledge, mortgage, lien, security interest or similar security arrangement; provided that Indebtedness shall not include regular salary obligations consistent with historical levels.
Indebtedness Defined. The word "Indebtedness" is used herein in its most comprehensive sense and includes any and all advances, debts, obligations and liabilities of Borrower heretofore, now or hereafter made, incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, including under any swap, derivative, foreign exchange, hedge, deposit, treasury management or other similar transaction or arrangement, and whether Borrower may be liable individually or jointly with others, including without limitation, obligations and liabilities arising from notes, repurchase agreements and trust receipts, and any and all interest and other amounts thereon which may accrue subsequent to Borrower becoming subject to any state or federal debtor-relief statute.
Indebtedness Defined. “Indebtedness” means all indebtedness and other obligations of Borrowers to Lender under the Loan Agreement, the First Note and the Second Note (each as defined in the Loan Agreement, as amended), and all other instruments, agreements and documents executed by Borrowers pursuant to the Loan Agreement, as amended (the “Credit Documents”).”
Indebtedness Defined. The term "Indebtedness," as used herein, shall mean any and all indebtedness, obligations and amounts of any kind and character whatsoever owed by Borrower to Agent and/or Lenders at any time and from time to time, whether now existing or later arising, including without limitation all obligations and indebtedness evidenced by the Revolving Credit Notes, the Foreign Currency Notes, any Letters of Credit and the Swing Line Note executed by Borrower (or issued on behalf of Borrower with respect to Letters of Credit) to Lenders pursuant to the Credit Agreement, together with any and all extensions, renewals, amendments, modifications, restatements, replacements and substitutions therefor (collectively, the "Notes"), the Credit Agreement and/or the other Loan Documents, and any fees, expenses, and/or costs (including without limitation attorneys' fees) incurred by Agent or Lenders in collecting any of such indebtedness, whether from Borrower, Guarantor, or from any other guarantor or other person or entity at any time liable for any of the Indebtedness (an "Obligor") or any of the properties, rights or assets (if any) securing the Indebtedness at any time, whether owned by Borrower, Guarantor, any Obligor or any other person or entity (the "Collateral"), or in protecting any of Agent's or Lenders' rights with respect to such indebtedness, Borrower, Guarantor, any Obligor or any Collateral.
Indebtedness Defined. The word “Indebtedness” as used herein means any and all debts, obligations, or liabilities of MIG to Noteholders under the Notes (including but not limited to principal and accrued interest) whether or not recovery of such Indebtedness may now be or may hereafter become barred by any statute of limitations, or whether such Indebtedness may now be or may hereafter otherwise become unenforceable against, or uncollectible from, MIG for any reason, including but not limited to MIG’s bankruptcy or insolvency.
Indebtedness Defined. The word "Indebtedness" includes any and all principal, interest, fees and expenses of Borrower incurred or created, whether voluntary or involuntary and however arising, whether due or not due, absolute or contingent, liquidated or unliquidated, determined or undetermined, and whether Borrower may be liable individually or jointly with others.
