Household Indebtedness definition

Household Indebtedness means the indebtedness evidenced by that certain Secured Credit Agreement, dated October 15, 1987, as amended, by and between the Corporation and Household Commercial Financial Services, Inc., and any renewal or extension or refunding or refinancing in whole or in part (whether or not such refunding or refinancing is by Household Commercial Financial Services, Inc.) thereof.

Examples of Household Indebtedness in a sentence

  • See: Keese, M., Triggers and Determinants of Severe Household Indebtedness in Germany, Ruhr Economic Papers #150, Ruhr Graduate School in Economics, Universität Duisberg/Essen, 2009.

  • Zubairy: 2016, Addressing Household Indebtedness: Monetary, Fiscal or Macroprudential Policy?available at https://sites.google.com/site/sarahzubairy/.

  • Maximum Sustainable Household Indebtedness (Finance Market Commission Working Document No.1/21).

  • Household Indebtedness (Lending to Households / Households Disposable Income) Chart 2.

  • The storage place(s) of these hazardous materials will be insulated, water resistant, covered, contain a containment dam, have restricted access, be well ventilated and illuminated, etc., as set forth in the national OSH regulation.

  • Kohn, “The Rise in Household Indebtedness: Causes and Consequences,” Finance and Economics Discussion Series 2007-37, Board of Governors of the Federal Reserve System (August 2007), at http://www.federalreserve.gov/Pubs/ Feds/2007/200737/200737pap.pdf.

  • The number of non-cultivator households affected by financial exclusion was the highest for ‘others’ category (2.44 crore), followed by agricultural labourer households (1.67 crore) and artisans (0.55 crore) as detailed below : * Agricultural labourers, artisans, others (as per National Classification of Occupations, 1968) Data based on AIDIS Report on Household Indebtedness in India (59th round), NSSO.

  • However the European Union Commission report (2007) on EU Household Indebtedness indicates the difficulty of defining and measuring household indebtedness given differing socio-economic contexts and legislation across the European continent.Betti et.al (2007) in their study indicate that over-indebtedness is exhibited by a wide array of indicators which include debt to income ratio, rate of loan delinquencies and number of households self- reporting to be in arrears.

  • Next, we sampled the extracted code corpus by detecting duplicated code (Section III-B).

  • Periodic and additional inspections should include an examination of pre-identified areas for each ship, which will vary according to the type of ship, the type of inspection and the findings of previous port State control inspections.

Related to Household Indebtedness

  • Acquisition Indebtedness Indebtedness of (A) the Borrower or any Restricted Subsidiary Incurred to finance or refinance, or otherwise Incurred in connection with, any acquisition of any assets (including Capital Stock), business or Person, or any merger or consolidation of any Person with or into the Borrower or any Restricted Subsidiary, or (B) any Person that is acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary (including Indebtedness thereof Incurred in connection with any such acquisition, merger or consolidation).

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Other Permitted Indebtedness means (a) accrued expenses and current trade accounts payable incurred in the ordinary course of any Obligor’s business which are not overdue for a period of more than 90 days or which are being contested in good faith by appropriate proceedings, (b) Indebtedness (other than Indebtedness for borrowed money) arising in connection with transactions in the ordinary course of any Obligor’s business in connection with its purchasing of securities, derivatives transactions, reverse repurchase agreements or dollar rolls to the extent such transactions are permitted under the Investment Company Act and the Investment Policies, provided that such Indebtedness does not arise in connection with the purchase of Portfolio Investments other than Cash Equivalents and U.S. Government Securities and (c) Indebtedness in respect of judgments or awards that have been in force for less than the applicable period for taking an appeal so long as such judgments or awards do not constitute an Event of Default under clause (l) of Article VII.

  • Permitted Indebtedness means any of the following:

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Company Indebtedness means all indebtedness of the Company (including without limitation, any loans, advances, letters of credit, bank overdrafts, capital lease obligations and all other indebtedness of any kind including interest, principal and fees).

  • Subordinate Indebtedness means all present and future indebtedness, obligations, and liabilities of Borrower to Subordinate Lender under or in connection with the Subordinate Loan or the Subordinate Loan Documents.

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • Securitization Indebtedness means (i) Indebtedness of the Company or any of its Restricted Subsidiaries incurred pursuant to on-balance sheet Securitizations treated as financings and (ii) any Indebtedness consisting of advances made to the Company or any of its Restricted Subsidiaries based upon securities issued by a Securitization Entity pursuant to a Securitization and acquired or retained by the Company or any of its Restricted Subsidiaries.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.

  • Permitted Secured Indebtedness any Secured Indebtedness that:

  • Permitted Financial Indebtedness means Financial Indebtedness:

  • Permitted Acquisition Indebtedness means Indebtedness (including Disqualified Stock) of the Company or any of the Restricted Subsidiaries to the extent such Indebtedness was Indebtedness:

  • Permitted Subsidiary Indebtedness means any of the following:

  • Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

  • Unsecured Indebtedness means Indebtedness which is not Secured Indebtedness.

  • Permitted Debt means any Financial Indebtedness:

  • Public Indebtedness means any payment obligation, including any contingent liability, of any person arising from bonds, debentures, notes or other securities that (A) are, or were intended at the time of issuance to be, quoted, listed or traded on any securities exchange or other securities market (including, without limiting the generality of the foregoing, securities eligible for resale pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (or any successor law or regulation of similar effect)) and (B) have an original maturity of more than one year or are combined with a commitment so that the original maturity of one year or less may be extended at the option of Mexico to a period in excess of one year;

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.