Debt liability definition

Debt liability means any form of monetary obligation other than an ownership interest. It includes bonds, debentures, notes, mortgages and loans of any kind, secured or unsecured. In answering the questions which follow, you may omit accounts payable for goods and services received unless the amount owed to a particular creditor exceeds 5% of the applicant's total debt liability.
Debt liability means the liability equivalent to the debt claim.

Examples of Debt liability in a sentence

Debt liability The personal property of the residents and the real estate within the boundaries of a municipality, village corporation or other quasi-municipal corporation may be taken to pay any debt due from the body corporate.

Debt liability does not include debts owed to a chartered lending institution, or accounts payable for goods and services received unless the amount owed to a particular creditor is greater than $10,000 and also exceeds 5% of the business concern's total debt liability or net worth, whichever is greater.

This Corporate Debtor had put up his case before the Respected BIFR with the intention that by offering a Resolution Plan the Debt liability of various Banks could be settled under those provisions.

As far as the explanation of the Debtor Company is concerned, the same appears to be an uncorroborated story to avoid the Debt liability.

Post Dissolution Remediesa) Relief From Fraud or Mistakeb) Concealment of Community Property Assetc) Omitted Assets & the attorney’s Duty of Cared) Debt liability after dissolutionA,B,C,D,EBird 709-710 (Skip Harrington)In re Marriage of Epstein, 24 Cal.

Low ratio of assets to liabilities is partly due to the fact that while the State inherited Public Debt liability amounting to Rs 5991 crore from composite Bihar, apportionment of assets has not been done so far (September 2008).

SECONDARILY or otherwise liable for any Debt, liability or obligation of the Company on the Notes.

Table 5Correlation Matrix of GDP, Consumption, GNI Growth Rates and Foreign Asset, Liability Ratios Interacted with GDP Growth: Emerging Economies 1987–2003 Debt liability 1.00 –0.05 FDI liability 1.00 Note.

A Customer account sixty (60) days past due shall be deemed to be Bad Debt and MIDCOM shall have the right to offset such amounts from Dealer's commissions or other moneys payable to Dealer, subject to the limitation that Dealer's maximum Bad Debt liability on any particular account shall not exceed the total amount of commissions paid by MIDCOM to Dealer for that account in the prior twelve (12) months.

Calculated assuming heavy fuel oil as the energy source, using an emissions factor of 77,400 kg CO2 / TJ [19]; e) Assuming fuel is heavy fuel oil; energy content of 40.97 GJ/t and fuel price of US$500/t.

More Definitions of Debt liability

Debt liability means total Margin Loan to the account including accrued interest at a specified time.
Debt liability means the total actual debt of an applicant business concern or any disclosed business concern including, but not limited to, bonds, debentures, notes, surety agreements, mortgages and loans of any kind, secured or unsecured, and other similar debt instruments.
Debt liability means bonds, debentures, notes, mortgages and loans of any kind, secured or unsecured, and other similar debt instruments.
Debt liability means total Margin loan to the account including accrued interest at a specific time.
Debt liability means, as of a relevant date, the amount, without duplication, of consolidated Debt of the Company and its Subsidiaries plus the dividend payable by the Company to CenTra, Inc., in each case, as of such date.

Related to Debt liability

Contingent Liabilities means, respectively, each obligation and liability of the Credit Parties and all such obligations and liabilities of the Credit Parties incurred pursuant to any agreement, undertaking or arrangement by which any Credit Party either: (i) guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to, or otherwise to invest in, a debtor, or otherwise to assure a creditor against loss) the indebtedness, dividend, obligation or other liability of any other Person in any manner (other than by endorsement of instruments in the course of collection), including without limitation, any indebtedness, dividend or other obligation which may be issued or incurred at some future time; (ii) guarantees the payment of dividends or other distributions upon the shares or ownership interest of any other Person; (iii) undertakes or agrees (whether contingently or otherwise): (A) to purchase, repurchase, or otherwise acquire any indebtedness, obligation or liability of any other Person or any property or assets constituting security therefor; (B) to advance or provide funds for the payment or discharge of any indebtedness, obligation or liability of any other Person (whether in the form of loans, advances, stock purchases, capital contributions or otherwise), or to maintain solvency, assets, level of income, working capital or other financial condition of any other Person; or (C) to make payment to any other Person other than for value received; (iv) agrees to lease property or to purchase securities, property or services from such other Person with the purpose or intent of assuring the owner of such indebtedness or obligation of the ability of such other Person to make payment of the indebtedness or obligation; (v) to induce the issuance of, or in connection with the issuance of, any letter of credit for the benefit of such other Person; or (vi) undertakes or agrees otherwise to assure or insure a creditor against loss. The amount of any Contingent Liability shall (subject to any limitation set forth herein) be deemed to be the outstanding principal amount (or maximum permitted principal amount, if larger) of the indebtedness, obligation or other liability guaranteed or supported thereby.
RoU Liability means any costs, direct losses and expenses (including any loss of revenue) reasonably incurred or reasonably expected to be incurred by the Train Operator (including any increase in RoU Variable Costs but net of any benefit arising from the taking of a Restriction of Use including any decrease in RoU Variable Costs) as a consequence of a Type 3 Restriction of Use or any Restriction(s) of Use covered by an SPD Claim;
Current Liabilities means, with respect to the Borrower and the Subsidiaries on a consolidated basis at any date of determination, all liabilities that would, in accordance with GAAP, be classified on a consolidated balance sheet of the Borrower and the Subsidiaries as current liabilities at such date of determination, other than (a) the current portion of any Indebtedness, (b) accruals of Interest Expense (excluding Interest Expense that is due and unpaid), (c) accruals for current or deferred Taxes based on income or profits, (d) accruals, if any, of transaction costs resulting from the Transactions, (e) accruals of any costs or expenses related to (i) severance or termination of employees prior to the Closing Date or (ii) bonuses, pension and other post-retirement benefit obligations, and (f) accruals for add-backs to EBITDA included in clauses (a)(iv) through (a)(vi) of the definition of such term.