Acknowledgment of Debt definition

Acknowledgment of Debt means a deed evidencing an Intercompany Loan, to be construed and governed under the laws of Chile.
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Acknowledgment of Debt means each debt acknowledgment executed by the Borrowers to evidence the Loans made to it in accordance with Section 2.07(d), which shall be in the form of (i) for the Loans to the El Salvador Borrower, Exhibit D-1 (Form of El Salvador Debt Acknowledgment), and (ii) for the Loans to the Nicaragua Borrower, Exhibit D-2 (Form of Nicaragua Debt Acknowledgment). “Acquired Debt” means Debt of any Person: (a) incurred and outstanding on the date on which such Person (i) was acquired by any member of the Restricted Group or (ii) is merged, consolidated, amalgamated or otherwise combined with (including pursuant to any acquisition of assets and assumption of related liabilities) any member of the Restricted Group; or (b) incurred to provide all or part of the funds utilized to consummate the transaction or series of related transactions pursuant to which such Person became a Subsidiary of any member of the Restricted Group or was otherwise acquired by any member of the Restricted Group; provided that, after giving pro forma effect to the transaction or transactions by which such Person became a Subsidiary of any member of the Restricted Group or is merged, consolidated, amalgamated or otherwise combined with any member of the Restricted Group, in the case of any such Person that became a Subsidiary of, or was merged, consolidated, amalgamated or otherwise combined with any member of the Restricted Group, (x) in the case where such Person is a member of the Restricted Group (other than the El Salvador Group and the Nicaragua Group), either (A) the Guarantor is able to incur $1.00 of additional Debt under the Debt Incurrence Test or (B) the Total Net Leverage Ratio of the Guarantor is not higher than such ratio before giving effect to such transaction or transactions, or (y) in the case where such Person is a member of the El Salvador
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Acknowledgment of Debt has the meaning assigned to such term in Section 2.02(c) of this Schedule 2.02.
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Examples of Acknowledgment of Debt in a sentence

  • No notice to or demand on the Guarantor in any case shall entitle the Guarantor to any other further notice or demand in similar or other circumstances or constitute a waiver of the rights of the Administrative Agent or the beneficiary of any Acknowledgment of Debt to any other or further action in any circumstances without notice or demand.

  • I agree that no extensions of time or other indulgencies in respect of any actions arising out of or in connection with the Acknowledgment of Debt granted by the Creditor should in no way prejudice, alter the Debtor’s obligations in terms of this Acknowledgment of Debt.

  • No failure or delay on the part of the Administrative Agent in exercising any right, power or privilege hereunder and no course of dealing between the Guarantor or the Administrative Agent or the beneficiary of any Acknowledgment of Debt shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, power or privilege.

  • The rights, powers and remedies herein expressly provided are cumulative and not exclusive of any rights, powers or remedies which the Administrative Agent or any beneficiary of any Acknowledgment of Debt would otherwise have.


More Definitions of Acknowledgment of Debt

Acknowledgment of Debt means this document whereby Xxxxx xx Xxxxxxx x Buenos Aires S.A. acknowledges its indebtedness owing to Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V., in the terms established herein.
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Related to Acknowledgment of Debt

  • Acknowledgment Agreement The document, substantially in the form of Exhibit B, to be executed by the Owner and the Servicer on or prior to each Closing Date which document shall amend the Mortgage Loan Schedule attached as Exhibit A hereto to reflect the addition of Mortgage Loans to such Exhibit A and which document reflects the addition of Mortgage Loans which are subject to the terms and conditions of this Agreement.

  • Collateral Trust Joinder means (i) with respect to the provisions of this Agreement relating to any Additional Parity Lien Debt, an agreement substantially in the form of Exhibit B, and (ii) with respect to the provisions of this Agreement relating to the addition of additional Grantors, an agreement substantially in the form of Exhibit C.

  • Joinder Agreements means for each Subsidiary, a completed and executed Joinder Agreement in substantially the form attached hereto as Exhibit F.

  • Subordination Agreements means all subordination agreements executed by a holder of Subordinated Debt in favor of the Administrative Agent and the Lenders from time to time after the Closing Date in form and substance and on terms and conditions satisfactory to Administrative Agent.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Subordination Agreement means an agreement among the Agent, the applicable Borrower or Subsidiary of the Borrower and the holder of any Subordinated Debt, pursuant to which such Indebtedness is made subordinate in right of payment to Payment in Full of all Obligations on terms reasonably satisfactory to the Agent.

  • Acknowledgment means a declaration by an individual before a notarial officer that the individual has signed a record for the purpose stated in the record and, if the record is signed in a representative capacity, that the individual signed the record with proper authority and signed it as the act of the individual or entity identified in the record.

  • Joinder Agreement means a joinder agreement substantially in the form of Exhibit D executed and delivered in accordance with the provisions of Section 6.13.

  • Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • Assumption Agreement has the meaning specified in Section 2.18(d)(ii).

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Document of gift means a donor card or other record used to make an anatomical gift. The term includes a statement or symbol on a driver's license, identification card, or donor registry.