Corresponding Liabilities definition
Corresponding Liabilities means the Obligations of a Loan Party, excluding its Parallel Liability.
Corresponding Liabilities means all present and future Obligations of the Loan Parties under or in connection with this Agreement and the other Loan Documents, but excluding its Parallel Liability.
Corresponding Liabilities means all present and future liabilities and contractual and non-contractual obligations of a Loan Party under or in connection with this Agreement and the other Loan Documents, but excluding its Parallel Liability.
Examples of Corresponding Liabilities in a sentence
The Company and each Grantor irrevocably and unconditionally undertakes to pay to the First Lien Collateral Agent and the Second Lien Collateral Agent an amount equal to the aggregate amount of its Corresponding Liabilities (as these may exist from time to time).
More Definitions of Corresponding Liabilities
Corresponding Liabilities. (a) with respect to HSN Spinco, any HSN Entity or the HSN Group, means the HSN Liabilities, (b) with respect to Interval Spinco, any Interval Entity or the Interval Group, means the Interval Liabilities, (c) with respect to TM Spinco, any TM Entity or the TM Group, means the TM Liabilities, (d) with respect to Tree Spinco, any Tree Entity or the Tree Group, means the Tree Liabilities and (e) with respect to IAC or the IAC Group, means the Retained Liabilities.
Corresponding Liabilities means the Notes Obligations of the Issuer or any Guarantor, but excluding its Parallel Liability; and “Parallel Liability” means the Issuer’s and the Guarantors’ undertaking pursuant to this Section 12.13.
Corresponding Liabilities means all present and future liabilities and contractual and non- contractual obligations of an Obligor under or in connection with this Agreement and the other Finance Documents, but excluding its Parallel Liability.
Corresponding Liabilities means the Obligations of a Loan Party, but excluding its Parallel Liability and (y) “Parallel Liability” means a Loan Party’s undertaking pursuant to this Section 11.13. Each Loan Party irrevocably and unconditionally undertakes to pay to the Collateral Agent an amount equal to the aggregate amount of its Corresponding Liabilities (as these may exist from time to time). For purposes of this Section 11.13: (a) a Loan Party’s Parallel Liability is due and payable at the same time as, for the same amount of and in the same currency as its Corresponding Liabilities; (b) a
Corresponding Liabilities means Obligations excluding each Parallel Liability.
Corresponding Liabilities means all present and future liabilities and contractual and non-contractual obligations of an Obligor under or in connection with the Loan Agreement, as amended by this Amendment, and the other Loan Documents, but excluding its Parallel Liability, and (ii) "Parallel Liability" means an Obligor's undertaking pursuant to this Section 17.
Corresponding Liabilities means all present and future liabilities and contractual and non-contractual obligations of a Seller Party under or in connection with this Agreement and the other Transaction Documents, but excluding its Parallel Liability. “Parallel Liability” means a Seller Party’s undertaking pursuant to this Section 11.07(b).