Debts definition

Debts means all amounts owing by the Customer to the Company on any account whatsoever;

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Debts means all liabilities and claims of a monetary nature that any party may possess against you such as a bank loan, credit card debt, tax debts including contingent debts. The term "debts", in our agreement forms, encompasses "contingent" claims for which fault or a value have not, as yet, been determined.

Debts means any outstanding obligation of the Accountholder to HSBC arising from such credit facilities that HSBC may provide to the Accountholder.

Examples of Debts in a sentence

• The Guarantor will pay interest on any amount due under this Deed of Guarantee at the applicable rate under the Late Payment of Commercial Debts (Interest) Act 1998, accruing on a daily basis from the due date up to the date of actual payment, whether before or after judgment.

• Interest will be payable by the Buyer on the late payment of any undisputed sums of money properly invoiced under the Late Payment of Commercial Debts (Interest) Act 1998.

• Interest shall be payable by the Authority on the late payment of any undisputed sums of money properly invoiced in accordance with the Late Payment of Commercial Debts (Interest) ▇▇▇ ▇▇▇▇.

• Borrower does not intend to, and does not believe that it will, incur Debts and liabilities (including contingent liabilities and other commitments) beyond its ability to pay such Debts as they mature (taking into account the timing and amounts of cash to be received by Borrower and the amounts to be payable on or in respect of obligations of Borrower).

• Subject to the Contractor obtaining the prior written consent of the Authority in accordance with clause A6 (Assignment of Contract), the Contractor may assign to a third Party (“the Assignee”) the right to receive payment of the Contract Price or any part thereof due to the Contractor under the Contract (including interest which the Authority incurred through late payment under the Late Payment of Commercial Debts (Interest) Act 1998).

More Definitions of Debts

Debts includes any and all liabilities, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent, and whether or not such liabilities are required under GAAP to be shown on the Facility Lessee's balance sheet. The execution and delivery of the Operative Documents to which the Facility Lessee is a party will not leave it with property remaining in its hands which would constitute unreasonably small assets or capital, and the Facility Lessee has and, after giving effect to such transactions will have, an adequate amount of assets and capital to engage in its business now and in the future, based on the actual and anticipated needs for capital of the businesses anticipated to be conducted by the Facility Lessee, and based upon the other information described herein. After giving effect to the transactions contemplated under the Operative Documents, the Facility Lessee will be able to pay all of its debts and liabilities, including unrecorded contingent liabilities, as they mature, the Facility Lessee will have positive cash flow after paying all of its scheduled and anticipated debt as it matures, and the Facility Lessee will realize sufficient monies from current assets in the ordinary and usual course of business to pay recurring current debt, short-term debt and long-term debt as such debts mature.

Debts means the same as defined in section 633.3. 2012 Acts, ch 1123, §24, 32

Debts means any present, future, or contingent indebtedness, or obligation on the part of a Borrower to make payment under a contract and any interest, applicable taxes, and all duties and charges;

Debts means all liabilities, obligations, commitments, and indebtedness of any and every kind and nature (including all obligations to trade creditors and all guaranties), whether heretofore, now, or hereafter owing, arising, due, or payable by the Borrower and each of the Guarantors to any person and howsoever evidenced, created, incurred, acquired, or owing, whether primary, secondary, direct, contingent, fixed, or otherwise.

Debts all liabilities, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent.

Debts means gaming or other debts (e.g., unpaid bills) owed by the patron to the Proprietor or any other member of the Group.

Debts means financial debts of the Client incurred in connection with execution of an Order to procure Instruments or other actions by the Bank pursuant to the Contract. In the case of an Order to purchase Securities, the amount of the Debts shall correspond to the sum of the purchase price of the Securities whose purchase is to be procured, determined according to the Price Limit, expected Costs and the Fee. In the case of an Order to procure the purchase of Gold, the amount of the Debts shall correspond to the sum of the purchase price of the Gold whose purchase is to be procured, determined according to the Price Limit and the Fee.