Affiliated Indebtedness definition

Affiliated Indebtedness means Indebtedness of the Borrower or any of its Subsidiaries that is owed to the Borrower or any of its Affiliates.
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Affiliated Indebtedness has the meaning set forth in Section 6.1.
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Affiliated Indebtedness means any and all intercompany accounts or any other receivables, payables or Indebtedness in effect immediately before the Closing between any Company, on the one hand, and any Seller, another Company or any of their respective Affiliates, on the other hand.
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Examples of Affiliated Indebtedness in a sentence

  • Schedule 4.20 sets forth by category (a) all Company Indebtedness, (b) all Affiliated Indebtedness, and (c) all Assumed Indebtedness, including the aggregate amount of each category of Indebtedness, and describes by category any Encumbrances on any Assets which secure the same such Indebtedness, in each case as of the Closing.

  • Notwithstanding the foregoing clause (d) of this Section 7.06, so long as no Event of Default exists or would exist after giving effect thereto, the Borrower may make scheduled payments of interest on Affiliated Indebtedness incurred prior to December 31, 1998 pursuant to Section 6.4(D) or 6.3 of the Amended and Restated Limited Liability Company Regulations of the Borrower dated July 1, 1993 as in effect on December 30, 1998.

  • Schedule 4.20 sets forth by category (a) all Company Indebtedness, (b) all Affiliated Indebtedness, (c) all Equipment Indebtedness and (d) all Real Property Indebtedness, and describes by category any Encumbrances on any Assets which secure the same such Indebtedness, in each case as of the Closing.

  • Schedule 4.20 sets forth by category (a) all Closing Indebtedness and (b) all Affiliated Indebtedness, including the aggregate amount of each category of Indebtedness, in each case as of the Closing.

  • At the Closing each such creditor shall deliver a general release of the Affiliated Indebtedness as well as stock powers and transfer documents to the Acquired Company.

  • Notwithstanding the foregoing clause (d) of this Section 7.07, so long as no Event of Default exists or would exist after giving effect thereto, the Borrower may make scheduled payments of interest on Affiliated Indebtedness incurred prior to the Closing Date pursuant to Section 6.4(D) or 6.3 of the Amended and Restated Limited Liability Company Regulations of the Borrower dated July 1, 1993 as in effect on the Closing Date.

  • Unless the aggregate Teltran Share Value at that date of Debt Shares delivered increases to an amount equal to the Aggregate Affiliate Indebtedness prior thereto, the balance of Affiliated Indebtedness shall be paid out of cash flow of the Acquired Company.

  • If the registration statement covering the Debt Shares is not declared effective by June 30, 2000 the Affiliated Indebtedness shall (if the creditor so elects) be paid out of cash flow of the Acquired Company and Debt Shares allocated to him shall be returned to Teltran and cancelled.

  • The Purchaser shall have received evidence reasonably satisfactory to the Purchaser that (i) all Affiliated Indebtedness shall have been satisfied and paid in full and (ii) the payment due and payable to ▇▇▇▇▇▇ ▇.

  • If the Teltran Shares Value at that date is less than the aggregate Affiliate Indebtedness, then the entire amount of Debt Shares shall be delivered to the creditor and a release delivered for the amount of Affiliated Indebtedness equal to the Aggregate Teltran Share Value at that date.


More Definitions of Affiliated Indebtedness

Affiliated Indebtedness means all Indebtedness of any Company held by a STR Seller, STRG Seller or their respective Affiliates.
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Related to Affiliated Indebtedness

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Lender pursuant to the Loan Documents or any other communication or writing by or between Borrower and Lender related to the transaction or transactions that are the subject matter of the Loan Documents, except such indebtedness which has been paid or is payable by Borrower to Lender under this Note.

  • Designated Indebtedness has the meaning assigned to such term in the Guarantee and Security Agreement.

  • Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

  • Permitted Subordinated Indebtedness means Indebtedness incurred after the Closing Date by the Borrower or the Subsidiaries that is (i) subordinated to the Obligations and all other Indebtedness owing from the Borrower or the Subsidiaries to the Lender pursuant to a written subordination agreement satisfactory to the Lender in its sole discretion and (ii) in an amount and on terms approved by the Lender in its sole discretion.

  • Subordinated Indebtedness means any Indebtedness of the Borrower or any Subsidiary the payment of which is subordinated to payment of the obligations under the Loan Documents.