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

If and to the extent that DOE shall be fully and indefeasibly reimbursed in cash or immediately available funds by the Borrower pursuant to Section 4.01 (Reimbursement and Other Payment Obligations) in respect of any payment made by DOE of Reimbursement Amounts, such reimbursement shall be deemed to constitute an equal and corresponding payment in respect of DOE’s rights of subrogation hereunder in respect of such payment of Reimbursement Amounts.
Without limiting the generality of the foregoing, GM acknowledges that its Payment Obligations under each Confirmation are independent of any obligation of Procura under any other agreement, and the manner in which Procura applies amounts received from the sale, assignment or transfer of its rights and benefits hereunder shall not affect, condition, reduce or discharge GM’s Payment Obligations.
All Payment Obligations under this Agreement and each Confirmation shall be paid solely to the Collection Account and prior to any such payment, GM shall submit a completed Repayment Notice to the Assignee.

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, 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 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 any and all obligations of the City to pay or reimburse the Bank contained in or evidenced by any City 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 City to the Bank arising under, or in relation to, or evidenced by, this Reimbursement Agreement, the Fee Letter and the Bank Note.

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.