Debtor definition

Debtor means a person who is liable on a claim.

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Debtor means any individual, corporation, partnership, association, limited liability company or any other form or business association owing a debt to the state or any of its political subdivisions;

Debtor means a chargor under a security agreement, a conditional buyer under a title reservation agreement, a lessee under a leasing agreement or a person whose interest in an object is burdened by a registrable non-consensual right or interest;

Examples of Debtor in a sentence

• Should Borrower voluntarily seek, consent to, or acquiesce in the benefit or benefits of any Debtor Relief Law, or become a party to (or be made the subject of) any proceeding provided for by any Debtor Relief Law (other than as a creditor or claimant), all Guaranteed Obligations shall nonetheless be payable by Guarantor immediately if requested by L▇▇▇▇▇.

• Finally, the Creditor and the Debtor have entered into a Contract of Sale of a Water Use Right, granted by public deed in the Notary of [●], repertoire [●], by virtue of which the Creditor sold to the Debtor the right to use water indicated in said deed, for a price of $4,020,913 (the "Price of Waters").”).

• Any payment made by the Debtor shall be free of any tax, tax, withholding, deposit or any other deduction, present or future, whatever its nature.

• Consequently, by this act the Creditor grants the Debtor a credit of money for the same amount, equivalent to $1,334,039,866 (the "Credit").

• However, in view of the valuation of the assets subject to the Purchase and Sale Agreement, the amount effectively disbursed by Penta Vida exceeds by $1,334,039,866 the amount originally foreseen and agreed between the Debtor and the Creditor.

More Definitions of Debtor

Debtor means a borrower of money or a purchaser or lessee of goods, services, property, rights or privileges for which payment is arranged through a credit transaction.

Debtor as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Lessee, the same is dismissed within sixty (60) days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not restored to Lessee within thirty (30) days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within thirty (30) days; provided, however, in the event that any provision of this subparagraph 13.1 (e) is contrary to any applicable law, such provision shall be of no force or effect, and not affect the validity of the remaining provisions.

Debtor means a person that is liable on a claim.

Debtor as defined in 11 U.S.

Debtor means one of the Debtors, in its individual capacity as a debtor and debtor in possession in the Chapter 11 Cases.

Debtor means any person owing or alleged to owe a claim.

Debtor means any person who owes a debt to the Municipality;