Debt Forgiveness Agreement definition

Debt Forgiveness Agreement has the meaning set forth in Section 2.02.
Debt Forgiveness Agreement means that certain Debt Forgiveness Agreement, by and between HPPI and HPLLC, dated as of June 24, 2014.
Debt Forgiveness Agreement means the Confidential Settlement Agreement and Release by and among the Company and WPU Leasing, pursuant to which, among other things, WPU Leasing shall agree to forgive the Company’s outstanding indebtedness owed to it.

Examples of Debt Forgiveness Agreement in a sentence

  • Pursuant to a Debt Forgiveness Agreement dated February 22nd, 2021, this debt was cancelled.

  • Pursuant to a Debt Forgiveness Agreement dated February 22nd, 2021 between the Company and Xavier Mitchell, Xavier Mitchell forgave all of the debt that the Company owed him.

  • The decrease in intercompany loans over the past three months is attributable to (i) AFS, which had $400 million of debt previously deemed uncollectable canceled pursuant to a Debt Forgiveness Agreement dated March 13, 2017 between AAC and AFS and reduced collateral posting requirements due to beneficial interest rate movements and (ii) full repayment of $196 million in unsecured loans to Ambac Capital Funding, Inc.

  • As of June 30, 2021 and December 31, 2020, 3,060,000 shares and 1,560,000 shares had vested, respectively.On June 11, 2020, the Company entered into a Debt Forgiveness Agreement with the CEO, pursuant to which the CEO forgave $185,000 of accrued and unpaid consulting fees owed to him pursuant to his consulting agreement with the Company.

  • In partial consideration of the financial and technical assistance of Cirrus, BRSI has agreed to enter into the "Warrant Issuance and Debt Forgiveness Agreement" (a copy of which is attached as Appendix "D") and to issue the related Warrant (a copy of which shall be substantially in the form of Appendix "D -1") with the Registration Rights (a copy of which shall be substantially in the form of Appendix "D - 2").

  • As of March 31, 2021 and December 31, 2020, 1,209,000 shares and 1,209,000 shares had vested respectively.On June 11, 2020, the Company entered into a Debt Forgiveness Agreement with the COO, pursuant to which the COO forgave $103,250 of accrued and unpaid consulting fees owed to her pursuant to her consulting agreement with the Company.

  • In so far as Cirrus has fulfilled its obligations under this Agreement and as required under terms of the Warrant Issuance and Debt Forgiveness Agreement, BRSI grants to Cirrus a nonexclusive license to the Technology.

  • As of June 30, 2021 and December 31, 2020, 1,209,000 shares and 1,209,000 shares had vested respectively.On June 11, 2020, the Company entered into a Debt Forgiveness Agreement with the COO, pursuant to which the COO forgave $103,250 of accrued and unpaid consulting fees owed to her pursuant to her consulting agreement with the Company.

  • The main contents are: the Company entered into the Debt Forgiveness Agreement with related collaborative manufacturers, suppliers.

  • On August 19, 2020, the Company entered into Debt Forgiveness Agreement with GS Securities, whereby such subsidiary forgave debts to the Company totalling THB 649.7 million.


More Definitions of Debt Forgiveness Agreement

Debt Forgiveness Agreement means that certain Debt Forgiveness Agreement, dated as of the date of the Loan Agreement, by and between the Borrower and Xxxxxxxxx Capital.
Debt Forgiveness Agreement means either of the following:
Debt Forgiveness Agreement means that certain Debt Forgiveness Agreement, by and between HPPI and HPLLC, dated on or about a date even herewith.

Related to Debt Forgiveness Agreement

  • Material Indebtedness Agreement means any agreement under which any Material Indebtedness was created or is governed or which provides for the incurrence of Indebtedness in an amount which would constitute Material Indebtedness (whether or not an amount of Indebtedness constituting Material Indebtedness is outstanding thereunder).

  • Existing Indebtedness Agreements shall have the meaning provided in section 7.18.

  • Lock-Up Agreements means the lock-up agreements that are delivered on the date hereof by each of the Company’s officers and directors, in the form of Exhibit A attached hereto.

  • Note Agreements means, collectively, the 1995 Note Agreement, the 2000 Note Agreement and the 2001 Note Agreement.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors and officers of the Company, in the form of Exhibit B attached hereto.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of January 1, 2007, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Affiliate Agreement has the meaning set forth in Section 3.21.

  • Commitment Letters has the meaning set forth in Section 4.5(b).

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Loan Modification Agreement means a Loan Modification Agreement, in form reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.24.

  • Affiliate Agreements means collectively, (a) the Administration Agreement dated as of March 15, 2011 between the Borrower and the External Manager, (b) the Amended and Restated Investment Advisory and Management Agreement dated as of December 12, 2011 between the Borrower and the External Manager and (c) the License Agreement dated as of March 14, 2011 between the Borrower and Tarrant Capital IP, LLC.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Local Facility Agreements means any agreement under which a Local Facility is made available.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Repayment Agreement means an agreement

  • 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.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Existing Agreements means the [*****].

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Financing Lease Obligation means, as applied to any Person, an obligation that is required to be accounted for as a financing or capital lease (and, for the avoidance of doubt, not a straight-line or operating lease) on both the balance sheet and income statement for financial reporting purposes in accordance with GAAP. At the time any determination thereof is to be made, the amount of the liability in respect of a financing or capital lease would be the amount required to be reflected as a liability on such balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Issuer-ICSDs Agreement means the agreement entered into between the Issuer and each of the ICSDs;