Intercompany Debts definition

Intercompany Debts means any credit facility(-ies), other financing arrangement(s) or other similar transaction(s) having the commercial effect of a borrowing, entered into from time to time between EPS, EPS Participations, BRC or any other Holder, on the one hand, and any of their direct shareholders or Affiliates, on the other hand, as well as any security, hedging, forward sale or purchase agreement, derivative or other ancillary agreement entered into within the scope or as part of or otherwise in connection with, and/or designated as a finance document (or similar) pursuant to such credit facility(-ies), financing arrangement(s) or other similar transaction(s) having the commercial effect of a borrowing.
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Intercompany Debts means any credit facility(-ies), other financing arrangement(s) or other similar transaction(s) having the commercial effect of a borrowing, entered into from time to time between EPS, EPS Participations, BRC or any other Holder, on the one hand, and any of their Affiliates, on the other hand, as well as any security, hedging, forward sale or purchase agreement, derivative or other ancillary agreement entered into within the scope or as part of or otherwise in connection with, and/or designated as a finance document (or similar) pursuant to such credit facility(-ies), financing arrangement(s) or other similar transaction(s) having the commercial effect of a borrowing.
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Intercompany Debts means the book debts, accounts and other amounts receivable, claims, demands, moneys and choses in action which now are due or owing by the Company to or owned, by the Intercompany Creditors and all claims of whatsoever nature or kind which the Intercompany Creditors have or may have against the Company;
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Examples of Intercompany Debts in a sentence

  • Tranche A shall be applied by the Borrower for the exclusive purpose of refinancing the Existing Intercompany Debts.

  • Event in relation to the Issuer or the Company, as the case may be, the Collateral Agent is irrevocably and severally authorised by each other relevant party to this Deed on their behalf to (a) demand, claim, enforce and prove for, (b) file claims and proofs, give receipt and take all proceedings and do all things which the Collateral Agent considers reasonably necessary to recover, and (c) receive distributions of any kind whatsoever, in respect or on account of, the Intercompany Debts.

  • Notwithstanding the foregoing, the Purchaser may assign this Agreement and all of its rights and obligations hereunder to any directly or indirectly wholly-owned subsidiary of the Purchaser; provided that, in connection with any such assignment, the Purchaser shall execute an guarantee and suretyship agreement, in form and substance reasonably satisfactory to the Seller, pursuant to which the Purchaser shall guarantee and stand surety for all of the obligations of its assignee hereunder.

Related to Intercompany Debts

  • Intercompany Debt has the meaning specified in Section 7.02(d).

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are payable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) to the Bank or the Transferred Subsidiaries.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) from the Bank or the Transferred Subsidiaries.