Material Liabilities definition

Material Liabilities is defined in Section 7.1.5.

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Material Liabilities means Liabilities in excess of $250,000.

Material Liabilities means, on any date, with respect to the Borrower, any Subsidiary or any combination thereof: (i) all Indebtedness (other than Indebtedness under the Loan Documents), (ii) the net termination obligations in respect of one or more Hedging Agreements (calculated as if such Hedging Agreements were terminated as of such date), and (iii) other liabilities, in each case whether as principal, guarantor, surety or other obligor, in an aggregate principal amount exceeding $250,000.

Examples of Material Liabilities in a sentence

• No Undisclosed Material Liabilities..........................................

• The Borrower and its Subsidiaries have no material liabilities, including as to contingencies and unusual or forward commitments, that are not disclosed in the foregoing financial statements or the footnotes thereto or set forth in Item 6.5 ("Certain Material Liabilities") of the Disclosure Schedule.

• Neither the Borrower nor any Subsidiary is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in (a) any agreement to which it is a party, which default might have a Material Adverse Effect or (b) any agreement or instrument evidencing or governing Material Liabilities.

• REPRESENTATIONS AND WARRANTIES OF THE COMPANY 6 Section 5.1. Organization; Power and Authority 6 Section 5.2. Authorization, Etc 6 Section 5.3. Disclosure 7 Section 5.4. Organization and Ownership of Shares of Subsidiaries; Affiliates 7 Section 5.5. Financial Statements; Material Liabilities 8 Section 5.6. Compliance with Laws, Other Instruments, Etc 8 Section 5.7. Governmental Authorizations, Etc 8 Section 5.8. Litigation; Observance of Agreements, Statutes and Orders 8 Section 5.9. Taxes 9 Section 5.10.

• Neither the Company nor any Subsidiary is in default in the performance, observance or fulfillment of any of the obligations, covenants or conditions contained in (a) any agreement to which it is a party, which default might have a Material Adverse Effect or (b) any agreement or instrument evidencing or governing Material Liabilities.

More Definitions of Material Liabilities

Material Liabilities means, on any date, with respect to any Loan Party or Loan Parties: (i) indebtedness (other than Indebtedness under the Loan Documents), (ii) the net termination obligations in respect of one or more Hedging Agreements (calculated as if such Hedging Agreements were terminated as of such date), and (iii) other liabilities, in each case whether as principal, guarantor, surety or other obligor, in an aggregate principal amount exceeding $1,000,000.

Material Liabilities means, on any date, (a) with respect to the Borrower, any Subsidiary or any combination thereof: (i) all Indebtedness (other than Indebtedness under the Loan Documents), (ii) the net termination obligations in respect of one or more Hedging Agreements (calculated as if such Hedging Agreements were terminated as of such date), and (iii) other liabilities, in each case (i.e. clauses (i), (ii) and (iii) above) whether as principal, guarantor, surety or other obligor, in an aggregate principal amount exceeding $250,000, and (b) the Indebtedness of the Borrower in respect of the Subordinated Notes.

Material Liabilities is defined in Section 4.11(d).

Material Liabilities means, on any date, with respect to the Borrower, any Subsidiary or any combination thereof: (i) all Indebtedness (other than Indebtedness under the Loan Documents), (ii) the net termination obligations in respect of one or more Hedging Agreements (calculated as if such Hedging Agreements were terminated as of such date), and (iii) other liabilities, in each case whether as principal, guarantor, surety or other obligor, in an aggregate principal amount exceeding (A) $100,000 until the consummation of any two of the Pending Acquisitions and (B) $250,000 thereafter.

Material Liabilities means Indebtedness not incurred in the ordinary course of business.

Material Liabilities means any and all determined debts, liabilities and obligations but for greater certainty does not include any contingent liabilities, or liabilities related to equipment upgrades, equipment replacements or capital upgrades;

Material Liabilities means any contract or obligation which imposes liability on FNIS for any twelve month period in excess of $100,000, any liability or contract incurred or made outside the ordinary course of business, or any contract that is not terminable upon less than ninety-one (91) days notice. Subject to the foregoing, Provider shall have the authority to enter into, on behalf of and in the name of FNIS, contracts and agreements entered into by FNIS in the ordinary course of FNIS business, such as supplier/vendor contracts, maintenance agreements, equipment leases, and other such contracts affecting the day to day operations of FNIS and, in connection therewith, FNIS hereby grants to Provider a power of attorney and irrevocably appoints Provider for the term of this Agreement as its attorney-in-fact for the purpose of Provider's performance of the Services. Except as expressly set forth in this Agreement, all of the management of the affairs of FNIS shall be within the exclusive control of the Chief Executive Officer of FNIS and his/her designees.