Payment Obligations definition

Payment Obligations means any and all obligations of the Authority to pay or reimburse the Bank contained in or evidenced by any Authority Document, including, without limitation, obligations to reimburse the Bank for all Drawings under the Letter of Credit, all obligations to repay the Bank for any Unreimbursed Amount and any Bank Loan, including all interest accrued thereon, all amounts owing under the Bank Note, the fees relating to the Letter of Credit and all other obligations of the Authority to the Bank arising under, or in relation to, or evidenced by, this GR Reimbursement Agreement or the Bank Note.

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Payment Obligations has the meanings set forth in Section 11.1.

Payment Obligations means all obligations of Borrower for the payment of money to the Governmental Lender or to any other person under the Borrower Note, this Borrower Loan Agreement or under any other Borrower Loan Document.

Examples of Payment Obligations in a sentence

The principal amount of the Payment Obligations secured by this Deed of Trust at the time of its execution and delivery is [$3,600,000].
Instead of paying cash, the Lender may make settlement for the purchase price by crediting against the Payment Obligations the bid price net of sale expenses, including the Deed of Trust Trustee's commission, and after payment of any taxes and assessments as may be a lien on the Mortgaged Property superior to the lien of this Deed of Trust (unless the Mortgaged Property is sold subject to those liens and assessments, as provided by law).
In no event may the Company, its affiliates or any of its or their respective Representatives or any other Person (other than Parent at the direction of the Sponsor in its sole discretion) enforce any aspect of this letter agreement (including with respect to the Commitment) if the Payment Obligations have been paid when required to be paid pursuant to the Carlyle Limited Guarantee.
The Town will pay the Payment Obligations as and when the same become due and payable in the manner set forth in this Deed of Trust and in the Financing Contract, and will comply in all respects with all the terms of this Deed of Trust and the Financing Contract so as to satisfy all of its other Obligations.
In no event may the Company, its affiliates or any of its or their respective Representatives or any other Person (other than Parent at the direction of the Sponsor in its sole discretion) enforce any aspect of this letter agreement (including with respect to the Commitment) if the Payment Obligations have been paid when required to be paid pursuant to the SKCP Limited Guarantee.

More Definitions of Payment Obligations

Payment Obligations means the obligations on Council to distribute to the Lending Body amounts received from the Owner in respect of the Environmental Upgrade Charge, including Charge Payments (other than Administrative Costs), Penalty Interest, Proceeds and Prepayments.

Payment Obligations means all principal, interest, fees, Letter of Credit commissions, charges, expenses, attorneys' fees and expenses, indemnities and any other amounts payable by the Loan Parties under the Loan Documents.

Payment Obligations means the obligations of Seller to make payments to Purchaser under the terms of the Forward Sale Contract.

Payment Obligations has the meaning set forth in Section 3.8.A.

Payment Obligations means all obligations of the City to reimburse the Bank for Drawings under the Letter of Credit and to pay all other amounts payable to the Bank arising under or pursuant to this Agreement or the Fee Letter.

Payment Obligations means the obligations on MCC to distribute to the Lending Body amounts received from the Owner in respect of the Environmental Upgrade Charge, including Charge Payments (other than Administrative Costs), Penalty Interest, Proceeds and Prepayments.

Payment Obligations means the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Company, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans and all other obligations and liabilities of the Company to the Administrative Agent, or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement or any other Loan Document, whether on account of principal, interest, reimbursement obligations, fees, indemnities, reasonable and documented costs, reasonable and documented expenses (including all fees, charges and disbursements of counsel to the Administrative Agent, the Collateral Agent or to any Lender that are required to be paid by the Company pursuant hereto) or otherwise.