Moneys Owing definition
Examples of Moneys Owing in a sentence
Where this Specific Security Agreement is terminated for any reason on the Expiry Date, Customer must immediately pay Financier any Moneys Owing.
In consideration of Financier disbursing the Amount Financed, Customer grants a Security Interest in Goods to and in favour of Financier as a continuing security for payment of the Moneys Owing.
The Issuer covenants to the Trustee (on behalf of the Holders) to pay the Moneys Owing from time to time in respect of the Notes as and when due, in accordance with the Terms or otherwise as required in this Deed.
Subject to this Deed, its general duties as trustee under statute (including the Corporations Act) and at general law, the Trustee must not interfere with the conduct of the ordinary business of the Issuer unless and until the Moneys Owing have become immediately due and payable as a result of a breach or default under this Deed (including an Event of Default) and the Trustee has become entitled, or has been duly directed by Holders, pursuant to the terms of this Deed to enforce the same.
Subject always to the terms and conditions of this Software Funding Agreement, where this Software Funding Agreement is terminated for any reason on the Expiry Date, Customer must immediately pay Financier the Moneys Owing.