Remaining Indebtedness definition

Remaining Indebtedness means, collectively, the Indebtedness set forth on Section 1.1(b) to the Target Disclosure Letter.

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Remaining Indebtedness means, with respect to the Companies at any date, without duplication, in each case as determined in accordance with GAAP: (a) any deferred revenue, (b) any customer deposits, and (c) any gift card Liabilities.

Remaining Indebtedness means any Indebtedness of the Company that is not being paid in full as of the closing out of the proceeds of the Purchase Price or is otherwise included in calculating the net equity value of the Companies’ Acquired Structured Settlements as of the Closing Date.

Examples of Remaining Indebtedness in a sentence

All Indebtedness of Target as of the Closing Date other than the Remaining Indebtedness shall have been repaid (as evidenced by customary pay-off letters and other releases and filings as may be reasonably requested by the lenders under the Debt Financing (or, if applicable, the alternative debt financing) for transactions of this type from the holders of such Indebtedness).
Until discharged or paid, the Remaining Indebtedness shall continue to accrue interest and other fees and charges as provided therein, and shall otherwise remain in full force and effect.
Schedule V attached hereto sets forth a list of Indebtedness of the Companies, other than Remaining Indebtedness, as of the date of this Agreement.
Effective as of the date hereof, the Remaining Indebtedness shall, by virtue of this Agreement and without any further action on the part of Berjaya, be converted into and exchangeable for the number of shares of Common Stock (the "Exchange Shares") equal to the aggregate amount of the Remaining Indebtedness divided by $3.75, the closing price of the Common Stock as reported on the Nasdaq National Market on February 8, 1998.
At the Closing, Buyer may, but shall not be obligated to, pay, or cause to be paid, to the Persons named in the Payoff Letters associated with the Remaining Indebtedness, an aggregate dollar amount based on the Payoff Letters in order to extinguish the Remaining Indebtedness.
FINOVA's security ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇ Man Policy shall secure Lessee's Discounted Amount and Remaining Indebtedness payment obligations.
Such assets shall be delivered to the Purchaser on the Closing Date free and clear of all Indebtedness, other than the Remaining Indebtedness.
If Final Closing Date Remaining Indebtedness is greater than the Estimated Closing Date Remaining Indebtedness, then the Purchase Price will be reduced by the amount of such excess, and ▇▇▇▇▇▇▇▇ shall deliver to the Purchaser cash in the amount of such excess.
The parties acknowledge and agree that the amount outstanding under the Remaining Indebtedness was $28.0 million as of December 31, 2019 and is $22.0 million as of the date hereof, inclusive of all principal, interest, fees and charges.
WB Holdings hereby accepts the transfer pursuant to Section 9-620 of the UCC and other applicable laws, of all of TAG’s right, title and interest in and to the Transferred Collateral in full payment, satisfaction and release of the Remaining Indebtedness and of the Quantum Guaranty.

More Definitions of Remaining Indebtedness

Remaining Indebtedness means at Closing any loan, bond, note, loan stock or debenture or other obligation for borrowed monies, any liability in respect of any acceptance credit or note or b▇▇▇ discounting facility, any amount of consideration left outstanding by way of loan under any agreement for the sale of assets and/or the supply of services and any guarantee or indemnity in respect of any of the foregoing, (the amount thereof in each case being taken for this purpose to be the maximum amount capable of being outstanding from the Company thereunder whether or not then due or owing or advanced at the time of calculation) and any costs or other debts or liabilities of any kind whatsoever to any creditors or third parties owing by the Company (but excluding the Primary Shareholder Loans and the Secondary Shareholder Loans);

Remaining Indebtedness means, with respect to the Companies at any date, without duplication, in each case as determined in accordance with GAAP:

Remaining Indebtedness means the Indebtedness set forth on Schedule 1.2.

Remaining Indebtedness means the balance of the Existing Indebtedness that remains outstanding after the Congress Facility Paydown and the Term Loan Paydown are effected.

Remaining Indebtedness shall have the meaning specified in Section 2.2(a)(i).