Corresponding Liabilities definition

Corresponding Liabilities means the Secured Obligations of each Loan Party, 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.
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.

Examples of Corresponding Liabilities in a sentence

  • 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).


More Definitions of Corresponding Liabilities

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 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 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 the
Corresponding Liabilities means Obligations excluding each Parallel Liability.
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 (i) with respect to Entertainment or the Entertainment Group, the Entertainment Liabilities, (ii) with respect to International or the International Group, the International Distribution Liabilities, (iii) with respect to Movie or the Movie Group, the Movie Distribution Liabilities, (iv) with respect to Production or the Production Group, the Production Liabilities, (v) with respect to Propinquity or the Propinquity Group, the Propinquity Liabilities, (vi) with respect to STV or the STV Group, the Specialty Television Liabilities, and (vii) with respect to ShelterCo or the Shelter Group, the Sheltered Liabilities.