Vendor Indebtedness definition

Vendor Indebtedness means any Indebtedness of the Company or any Subsidiary incurred: (i) in connection with the acquisition or construction of Telecommunications Related Assets; and (ii) to pay regularly scheduled interest on such Indebtedness pursuant to the terms thereof.

Examples of Vendor Indebtedness in a sentence

  • I am authorised to make the application on behalf of the above business.

  • Subject to the terms and conditions set forth herein, Motorola agrees to make Tranche A Loans to the Borrower on the Effective Date in a principal amount equal to the Tranche A Commitment, provided that on the Effective Date a portion of the Existing Vendor Indebtedness held by Motorola (before giving effect to the designation provided for in paragraph (b) of this Section 2.01) up to but not exceeding the Tranche A Commitment shall be automatically designated as Tranche A Loans hereunder.

  • The Vendor shall on or before Completion repay or procure the repayment of the Vendor Indebtedness.

  • The Company will, to the extent it can with commercial reasonableness do so, use (a) its free cash (i.e., from sources other than the Notes) and assets to pay for any of its expenses that do not qualify as Vendor Indebtedness and (b) the proceeds of any Purchase in such a manner as to qualify such proceeds as Vendor Indebtedness.

  • Lead in household dust is a major contributor to lead poisoning among children and is one modality that can be tested to screen for lead-based paint hazards and to prevent childhood lead toxicity.19 When this evaluation and prediction of lead hazards occurs before occupancy, it could prevent a child’s exposure to lead hazards and subsequent lead intake.


More Definitions of Vendor Indebtedness

Vendor Indebtedness means any indebtedness (whether or not due for payment) owing to the Company from any member of the Vendor’s Group or of Baugur Group hf or any of Baugur Group hf’s other subsidiaries, but shall not include any items on normal trading account. Vendor’s Solicitors means Dxxxxx Xxxxx Sapte of One Fleet Place London EC4M 7WS.
Vendor Indebtedness has the meaning assigned to such term in Section 7.01(f).
Vendor Indebtedness means all principal, interest, and other amounts outstanding and owed by the Vendor to the Purchaser under the Alfa Telecom/Eco Holdings Loan.
Vendor Indebtedness means any Indebtedness of Intermedia or any of its Subsidiaries incurred in connection with the acquisition or construction of Telecommunications-Related Assets.
Vendor Indebtedness means any Indebtedness (including, without limitation, Indebtedness under any credit facility entered into with any vendor or supplier or any financial institution acting on behalf of such vendor or supplier, including, without limitation, any financing provided by the Overseas Private Investment Corporation); provided that such Indebtedness is incurred solely for the purpose of financing the cost (including, without limitation, the cost of design, development, delivery, freight, insurance, import duties, value- added taxes, improvement, construction or integration) of equipment or other tangible assets necessary for the operation of wireless telecommunications networks or systems.
Vendor Indebtedness has the meaning assigned to such term in Section 7.01(d).