Ancillary Obligations definition

Ancillary Obligations means, collectively, obligations arising under any of the Existing Guaranties or Secured Lender Arrangements.
Ancillary Obligations means any and all Obligations arising under any Secured Ancillary Agreement.

Examples of Ancillary Obligations in a sentence

  • Bank officers also function their duty within limit of infrastructures supplied by the bank.

  • Ancillary Obligations means any Liquidity Facility or Financial Products Agreement designated in a Supplemental Indenture as an Ancillary Obligation for purposes of this Indenture.

  • The district court should also consider whether to make any provision respecting that note and if so, what.Based on the alleged misleading statements that David made to Mannhard regarding LaBarge’s security under the letter of credit on November 26, 2002, LaBarge brings a claim against First Bank for detrimental reliance22 and one for negligent misrepresentation against both First Bank and David.

  • In order to induce the Lenders to extend credit to the Borrowers hereunder and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Company hereby absolutely and irrevocably and unconditionally guarantees, as a primary obligor and not merely as a surety, the payment when and as due of the Obligations of the Subsidiary Borrowers and the Specified Ancillary Obligations (collectively, the “Guaranteed Obligations”).

  • The Borrower waives presentment to, demand of payment from and protest to any Subsidiary of any of the Specified Ancillary Obligations, and also waives notice of acceptance of its obligations and notice of protest for nonpayment.


More Definitions of Ancillary Obligations

Ancillary Obligations means, collectively, obligations arising under any of the Existing Guaranties, Secured Cash Management Agreements or Secured Hedge Agreements.
Ancillary Obligations means any and all Obligations arising under any Secured Ancillary Agreement. “Annual SEC Report” means each Annual Report on Form 10-K filed by the Company with the SEC.
Ancillary Obligations means the obligations undertaken by the Bidder listed in Article 2.5;
Ancillary Obligations the “Ancillary Obligations” referred to in the First Lien Credit Agreement.
Ancillary Obligations as if the Assignee was an original signatory to the Investment Agreement for purposes of being bound by the Ancillary Obligations.
Ancillary Obligations means, collectively, obligations arising under any of the Secured Lender Arrangements.
Ancillary Obligations has the meaning set forth in the definition of “Maximum Senior Amount.”