Moneys Owed definition

Moneys Owed means all principal, interest, capitalised interest, default interest, fees, costs, expenses, charges, indebtedness and other moneys of whatever nature owed or payable by the Borrower to the Lender under this Agreement or the Security Documents.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Moneys Owed means all principal, interest, capitalised interest, default interest, fees, costs, expenses, charges and other moneys of whatsoever nature owed or payable by the Buyer to the Supplier whether pursuant to these Conditions or Sale or otherwise; or otherwise of whatsoever nature and howsoever arising.

Moneys Owed means all moneys of whatever nature owed or payable Potential Event of Default means any event or circumstance which, if it continued

Examples of Moneys Owed in a sentence

Any fee so charged shall be deemed to form part of the Moneys Owed.
If the Borrower does not comply with the terms of a Loan Agreement or any Security Document relating to payments due under a Loan Agreement or any Security Document then, at the Lender’s discretion, the Borrower will pay interest at the Default Interest Rate on the Moneys Owed.
In support of its guarantee obligations under this Agreement the Guarantor agrees that the Loan has been made available by the Lender is in part at the request of the Guarantor and agrees to grant to the Lender the Security Documents (if any) as security for the payment of the Moneys Owed and the due observance and performance by the Borrower of all of its obligations under this Agreement.
The Borrower shall repay in full to the Lender on the Expiry Date the Moneys Owed then outstanding.
The agreements, undertakings, representations and indemnities of the Borrower in the Related Documents or any of them will survive the termination or expiry of this Agreement, the release of discharge by the Lender of the Security Documents and the repayment of the Moneys Owed.
The Obligor acknowledges and agrees the Moneys Owed shall become immediately due and payable should any GST be claimed in respect of the Property.
The Obligor further acknowledges that in the event of the Moneys Owed falling due pursuant to this clause interest shall be payable at the Default Interest Rate plus five percent (5%) per annum from the date of any GST claimed.
Whenever any default has been made by the Borrower in the payment to the Lender of all or part of the Moneys Owed it will forthwith, whether or not demanded, pay such sum to the Lender.
All costs and disbursements incurred by the Lender, either directly or indirectly, in obtaining any valuations required by the Lender under the terms of this Agreement shall be paid by the Borrower promptly on request by the Lender and until payment shall form part of the Moneys Owed.
The guarantee in this clause 20 is a continuing guarantee and shall remain in full force and effect until the Moneys Owed have been paid in full.

More Definitions of Moneys Owed

Moneys Owed means all moneys of whatever nature owed or payable by the Borrower to the Lender under this Agreement and the Security Documents;

Moneys Owed means all principal, interest, capitalised interest, default interest, fees, costs, expenses, charges and other moneys of whatever nature owed or payable by the Buyer to the Seller under this Agreement or the Security Documents or the loans referred to in the recitals hereto or otherwi se howsoever;

Moneys Owed means all moneys of whatever nature owed or payable by you to us under this Agreement and the Security Documents;

Moneys Owed means at any time, the Principal Outstanding and all other moneys payable by the Borrower under this Agreement, including, without limitation, accrued or capitalised interest (including interest at the Default Rate), any fees, extension fees, costs and other expenses whether or not such sums are then due and owing.

Moneys Owed means, in respect of a Facility at any time, the aggregate principal amount of the Loan (if it is a Term Loan Facility) or Drawing (if it is a Project Facility) outstanding at that time, together with any accrued and unpaid interest, fees and all costs and other amounts then due and payable by the Obligors to the Lender; Obligor means each Borrower and each Guarantor and, where there is only one Borrower and no Guarantor, means the Borrower;