Deferred Debt definition

Deferred Debt means all unsecured amounts owing by the Borrower in respect of its acquisition(s) of Royalty Assets, the amount of which as of the date hereof is set out in Schedule “G”.
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Examples of Deferred Debt in a sentence

  • If DoveBid elects to discharge the Debt prior to the Debt Maturity Date, DoveBid shall have the option of withholding $825,000 of the Debt (the "Deferred Debt Payment") as collateral for such obligations.

  • On each such release, each Exchanging Shareholder will receive his proportionate part of the Deferred Merger Consideration, and each Debt Holder will receive his proportionate part of the Deferred Debt Consideration, reduced ratably by any claims against the Indemnification Fund.

  • Other than the Deferred Debt, which shall be irrevocably cancelled at the Closing, neither the Company nor any of its subsidiaries (including EyeFite) owe (or following the Closing, will owe) CanFite, its officers or directors any funds.

  • The Escrow Representative is hereby authorized to, and shall, (i) accept on behalf of any Exchanging Shareholder any Deferred Merger Consideration to which such Exchanging Shareholder is entitled under this Agreement and (ii) accept on behalf of any Debt Holder any Deferred Debt Consideration to which such Debt Holder is entitled under this Agreement.

  • Borrower and Guarantor waive any and all notice, presentment, notice of dishonor or demand under the Loan Documents with respect to the Deferred Debt Service.

  • The Escrow Representative shall promptly pay any such Deferred Merger Consideration or Deferred Debt Consideration to the Exchanging Shareholder or Debt Holder entitled thereto pursuant to the terms of this Agreement.

  • Borrower and Guarantor unconditionally and irrevocably waive further notice and any and all grace or cure periods that may be required prior to the exercise by the Lender of any rights or remedies it may have, whether under this Agreement, the Loan Documents, at law or in equity, with respect to the failure to pay the Deferred Debt Service as originally required under the Loan Documents.

  • At the Closing, Parent or Cybex shall deposit into an escrow account established and held by the Escrow Agent (the “Escrow Account”) an amount equal to the Deferred Merger Consideration plus the Deferred Debt Consideration (collectively, the “Indemnification Fund”).