Indebted definition

Indebted means owing the City money, except for unpaid municipal taxes for which the due date has not passed.

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Indebted shall be construed accordingly and (B) the terms “obligations” or “liabilities” shall include obligations and liabilities, whether absolute, accrued, contingent, fixed or otherwise, or whether due to or to become due or asserted or unasserted; provided, however, the items set forth on Schedule 13 shall not be deemed Indebtedness;

Indebted means to be indebted with respect to any of the foregoing.

Examples of Indebted in a sentence

• In Gentlemen's Agreement, The Inheritance, and Indebted, soldier-turned-private detective, ▇▇▇▇ ▇▇▇▇, is hired to look for missing people and diamonds but finds he also must untangle family and business relationships.

• This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in full and even though for a period of time Grantor may not be Indebted to Lender.

• These terms and conditions are without prejudice to terms and conditions that may be imposed upon ACP countries subject to restrictive borrowing conditions under the Heavily Indebted Poor Countries ("HIPC") or other internationally agreed debt sustainability frameworks.

• Zambia reached a decision point for debt relief under the Highly Indebted Poor Countries initiative (HIPC) in December 2000.

• This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in full and even though for a period of time Debtor may not be Indebted to Secured Party.

• Among other Obligations which may be owing by Borrower to Bank, Borrower is Indebted to Bank pursuant to, among other documents, an Amended and Restated Loan and Security Agreement, dated March 27, 2003, as modified or amended from time to time, (the “Loan Agreement”).

• Except as disclosed in the Disclosure Documents, to the Company's knowledge no Related Person is Indebted to any Group Company, nor is the Company Indebted (or committed to make loans or extend or guarantee credit) to any such Related Person.

• This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in full or even though for a period of time Borrower may not be Indebted to Lenders.

• This Is a continuing Security Agreement and will continue In effect even though all or any part of the Indebtedness Is paid In full and even though for a period of time Borrower may not be Indebted to Lender.

• Except as expressly agreed otherwise, the Currency shall be the currency of account and of payment in respect of sums payable by a Party ("Indebted Party") under this Agreement.

More Definitions of Indebted

Indebted means owing the City money. Examples include but are not limited to unpaid taxes, unpaid fines, outstanding claims, judgments, executions, arrears or rent and interest and penalty thereon.