monetary obligation means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods. The term does not include (i) charters or other contracts involving the use or hire of a vessel or (ii) records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card. If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper.
monetary obligation means a monetary obligation secured
monetary obligation means a monetary obligation secured by the
More Definitions of monetary obligation
monetary obligation means a monetary obligation secured by Goods or owed under a lease of Goods and includes a monetary obligation with respect to software used in Goods.
monetary obligation means an obligation to pay money whether in debt or damages including damages for breach of any non-monetary obligation;
monetary obligation means a monetary obligation secured by the goods or
monetary obligation means an amount of U.S. dollars required to be spent and paid by, or otherwise owed by, the COPA Parties from time to time hereunder.
monetary obligation means a monetary obligation in connection with:
monetary obligation means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods and does not include (a) charters or other contracts involving the use or hire of a vessel or (b) Records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card; "Commitment" means any enforceable obligation, whether created orally or in writing, whether arising by contract, estoppel, or otherwise, whether conditional or unconditional on the part of Bank to extend credit to or for the account of any Person; "Debt" means, collectively, (a) all obligations of the Person or Persons in question, including, without limitation, every such obligation whether owing by one such Person alone or with one or more Persons in a joint, several, or joint and several capacity, whether now owing or hereafter arising, whether owing absolutely or contingently, whether created by loan, overdraft, guaranty of payment, or other contract, or by quasi-contract, tort, statute, other operation of law, or otherwise and (b) any and all obligations and liabilities of the Person or Persons in question to National City Bank, an Affiliate of Bank, whether absolute or contingent, whether now existing or hereafter created, arising evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor)
monetary obligation. – shall mean any obligation to pay a definite amount of money, that is payable (settled) at its own face value, unless otherwise stipulated by the law or contract.