HB Service definition

HB Service means HB Service, LLC, a Delaware limited liability company.
View Source
HB Service means HB Service, LLC, a Delaware limited liability company. “Hedge Agreement” shall mean any interest or foreign currency rate swap, cap, collar, option, hedge, forward rate or other similar agreement or arrangement designed to protect against fluctuations in interest rates or currency exchange rates. “Indebtedness” shall mean, for any Person, without duplication (i) obligations of such Person for borrowed money; (ii) obligations of such Person evidenced by bonds, debentures, notes or other similar instruments; (iii) obligations of such Person in respect of the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of business on terms customary in the trade); (iv) obligations of such Person under any conditional sale or other title retention agreement(s) relating to property acquired by such Person; (v) Capitalized Lease Obligations of such Person; (vi) obligations, contingent or otherwise, of such Person in respect of letters of credit, acceptances or similar extensions of credit (whether or not drawn upon and in the stated amount thereof); (vii) guaranties by such Person of the type of indebtedness described in clauses (i) through (vi) above; (viii) all indebtedness of a third party secured by any Lien on property owned by such Person, whether or not such indebtedness has been assumed by such Person; (ix) all obligations of such Person, contingent or otherwise, to purchase, redeem, retire or otherwise acquire for value any common stock of such Person; (x) off-balance sheet liability retained in connection with asset securitization programs, synthetic leases, sale and leaseback transactions or other similar obligations arising with respect to any other transaction which is the functional equivalent of or
View Source

Examples of HB Service in a sentence

  • Each of the Subsidiary Guarantors, HB Service and each of its Subsidiaries and H.

  • Any reference to the HB Service Credit Agreement in any of the Credit Documents (as defined in the HB Service Credit Agreement) shall mean the HB Service Credit Agreement as amended by the Amendment and as may be further amended, modified, restated, or supplemented from time to time.

  • After giving effect to this Amendment, each of HB Service and ▇▇▇▇▇▇▇ is in compliance with all covenants, terms and provisions set forth in the HB Service Credit Agreement and the ▇▇▇▇▇▇▇ Credit Agreement, respectively, to be observed or performed by it.

  • This Amendment is limited as specified and, except as specifically set forth herein, shall not constitute a modification, acceptance or waiver of any other provision of any of the Credit Documents (as defined in each of the ▇▇▇▇▇▇▇ Credit Agreement and the HB Service Credit Agreement).

  • The representations and warranties of ▇▇▇▇▇▇▇ set forth in the ▇▇▇▇▇▇▇ Credit Agreement and of HB Service set forth in the HB Service Credit Agreement are true and correct in all material respects as of the date hereof, except to the extent such representations and warranties relate solely to or are specifically expressed as of a particular date or period.

  • Neither ▇▇▇▇▇▇▇ nor HB Service has any right of setoff, counterclaim, or defense to payment of its respective liabilities or obligations under the ▇▇▇▇▇▇▇ Credit Agreement or HB Service Credit Agreement, respectively.

  • The Bank hereby expressly reserves all rights and remedies it may have against ▇▇▇▇▇▇▇, ▇▇ Service and all other Persons (as defined in both the ▇▇▇▇▇▇▇ Credit Agreement and the HB Service Credit Agreement) who may be or may hereafter become secondarily liable for the repayment of the obligations thereunder.

  • This Amendment shall be a Credit Document under (and as defined in) each of the ▇▇▇▇▇▇▇ Credit Agreement and the HB Service Credit Agreement.

  • Each of the ▇▇▇▇▇▇▇ Credit Agreement and the HB Service Credit Agreement, as amended by the amendments set forth herein, shall continue to be in full force and effect in accordance with the provisions thereof after giving effect to such amendments.

  • Each of ▇▇▇▇▇▇▇ and HB Service, jointly and severally, agrees to pay on demand all reasonable out-of-pocket expenses incurred by the Bank in connection with the preparation, execution and delivery of this Amendment, including, without limitation, all reasonable attorneys’ fees.