Debt Repayment. You must not accept payment card Transactions (i) to collect or refinance existing debt that you have deemed uncollectible or that is uncollectible by Law; (ii) for previous card charges; or (iii) to collect a dishonoured cheque. Debt repayment is only permitted when performed in compliance with the Card Network Rules.
Debt Repayment. Each Borrower Party shall have repaid all of its existing Indebtedness, other than Permitted Indebtedness and all Liens associated therewith encumbering any Collateral, other than Permitted Liens, shall have been released.
Debt Repayment. Notwithstanding any agreement or provision to the contrary, (a) upon withdrawal of the TP pursuant to Section 13, the TP waives recovery of all debt remaining due to that TP from the Az ISA, including the repayment obligation specified in Exhibit 1, and releases the Az ISA from any and all associated obligations and liabilities; and (b) upon termination of this Agreement, the TP waives recovery of all debts owed to it by the Az ISA, including all repayment obligations listed in Exhibit 1, and releases the Az ISA from any and all associated obligations and liabilities. The foregoing is without prejudice to the right of the TP to seek recovery of said debts from a successor RTO.
Debt Repayment. WGHI acknowledges an indebtedness to MIOA in the sum of $1,953,000, less interest in the sum of $47,000 which represents interest forgiveness for the second quarter, 1997. Said indebtedness shall be satisfied as follows:
Debt Repayment. From and after consummation of the IPO, to the extent that proceeds from the IPO (or any other funds contributed to the Company or any of its Subsidiaries) are used to repay debt owed by the Company or any of its Subsidiaries (for so long as the Company or such Subsidiary is treated as a partnership for federal income tax purposes), such funds shall be contributed to the Company and its Subsidiaries by the limited liability company interest holders or other equity interest holders in the Company or such Subsidiaries in proportion to the allocation of debt to such holders provided in Section 8.2(b)(iii) of the LLC Agreement.
Debt Repayment. Tenants who owe any debt (damages or back rent) to a DHHS administered housing subsidy program (Bridging Rental Assistance Program and/or Shelter Plus Care), may be considered for admission to any DHHS administered housing subsidy program or transfer to another apartment within the program providing that one of the following minimum criterion has been met: • 100% of account balance must be paid before move in and/or unit transfer; or • Establishment of a legally assigned Representative Payee and a documented payment plan not to exceed 12 months; or • Charges have been adjudicated through the SPC Appeals or DHHS Grievance Process. Failure to meet at least one of the above criteria will result in program in-eligibility and termination of rental assistance.
Debt Repayment. (b) A borrower also must agree in writing to:
Debt Repayment. The Debt Repayment shall have been consummated substantially contemporaneously with the initial Borrowing hereunder.
Debt Repayment. Except as disclosed in the Registration Statement and the Prospectus, the Company (i) does not have any material lending or other relationship with any bank or lending affiliate of the Agent and (ii) does not intend to use any of the proceeds from the sale of the Placement Shares hereunder to repay any outstanding debt owed to any affiliate of the Agent.
Debt Repayment. VSUS itself shall pay to Amiram, in addition to the above stock sale proceeds, the sum of Forty Thousand U.S. Dollars ($40,000.00) in repayment of amounts which Amiram advanced to VSUS in November and December of 2004 for the payment of VSUS expenses such as employees' salaries. This amount is payable in immediately available funds, which shall be wired on the date hereof to the client funds' account of Xxxxx & Xxxxxxxx, LLP of Boston, Massachusetts on behalf of Amiram.
