Interest Liabilities definition
Interest Liabilities means all liabilities arising out of or related to the ownership of the Interest to the extent arising or accruing on and after the Effective Time, whether known or unknown, accrued or contingent, and whether or not reflected on the books and records of OLP or its affiliates.
Interest Liabilities means an amount equal to the sum of all interest accruing on the Loan (including, without limitation, interest at the Default Rate (or the maximum interest rate permitted by applicable law, whichever is lower)), to the extent now or hereafter due and owing by Borrower.
Examples of Interest Liabilities in a sentence
The Partnership hereby agrees to indemnify, defend and hold harmless the General Partner and the Initial Limited Partners, their successors and assigns, from any and all costs, liabilities and expense, including court costs and attorneys fees, arising from or connected with the MainLine Interest Liabilities hereby assumed.
For each disbursement, the State shall be able to identify: (1) amount of the issuance (2) date of issuance (3) date Federal funds are received and credited to a State account (4) amount of Federal funds received (5) date funds were requested 8.2 Federal Interest Liabilities 8.