Repair Debt definition
Repair Debt means the advances in an aggregate amount equal to $8,968,352.65 made prior to the date of this Agreement by TFM to TMX.
Examples of Repair Debt in a sentence
In addition, on the Initial Closing Date, all indebtedness of MX and TMX to GTMM (other than as provided in Section 1.7), TFM and any of their affiliates, excluding the Repair Debt, shall be contributed to the capital of MX.
KCS shall pay or cause to be paid to TFM the Repair Debt on or before January 1, 2005.