Other Debts definition

Other Debts means all of the Debts other than the Principal Debts (such as interest, costs and expenses due to the Provider, including those debts under clause 2.
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Other Debts means all book debts and other debts and monetary claims (other than Trading Receivables) owing to a Chargor and any Related Rights, but excluding (for the avoidance of doubt) any debt or monetary claim that constitutes an Excluded Asset.
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Other Debts means all debts and monetary claims (other than Trading Receivables);
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Examples of Other Debts in a sentence

  • Other Debts: Should there be any debt, payment for which is not specifically allocated to a party under this agreement, the Party who has incurred such debt shall be solely responsible for the payment of the same, and shall hold the other harmless there from.

  • Further, MFI's priority rights under this paragraph are limited to receiving $2,377,020 (the total of the Shortfall and Other Debts, as herein defined) in net proceeds from such Offering.

  • In renumbered Paragraph 7.6 (Other Debts) item (d) is amended to read as follows: Additional direct or contingent debts for business purposes which do not exceed a total principal amount of Five Million and No/100 ($5,000,000.00) outstanding at any one time and shall not rank senior in right of payment to Bank's debt.


More Definitions of Other Debts

Other Debts means debts and claims other than Book Debts;
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Related to Other Debts

  • Subordinated Liabilities means liabilities subordinated to the Borrower’s obligations to the Bank in a manner acceptable to the Bank in its sole discretion.