Borrowed Funds definition

Borrowed Funds has the meaning provided such term in the recitals of this Agreement.

Borrowed Funds has the meaning set forth in Section 2.8.

Borrowed Funds has the meaning set forth in the recitals.

Examples of Borrowed Funds in a sentence

• Borrowed Funds are interbank borrowings + notes, bills, and bonds payable.

• The Parties intend that (i) the distribution of the Borrowed Funds to Marketing LLC shall qualify as a “debt-financed transfer” under Treasury Regulations Section 1.707-5(b), and (ii) Marketing LLC’s share of the Partnership’s liabilities under the Credit Agreement with respect to the Borrowed Funds under Sections 1.752-2 and 1.707-5(a)(2)(i) of the Treasury Regulations shall be the entire amount of the Partnership’s liabilities under the Credit Agreement with respect to the Borrowed Funds.

• All disbursements from the TDD Fund to reimburse TDD Costs shall first be applied against accrued but unpaid interest on TDD Costs, at the Actual Rate for Borrowed Funds without reducing the maximum reimbursable amount described in Section 3.02, and then to the reimbursement of the principal amount of TDD Costs.

• All disbursements from the TDD Fund to reimburse TDD Costs shall first be applied against accrued but unpaid interest on TDD Costs, at the Actual Rate of Borrowed Funds without reducing the maximum reimbursable amount described in Section 3.02, and then to the reimbursement of the principal amount of TDD Costs.

• Notwithstanding Section 2.11.2, the General Partner and its Affiliates may lend funds to the Fund or a Portfolio Company on a short-term basis (not to exceed ninety (90) days) if it is for the purpose of bridging to receipt (i) by the Fund of Capital Contributions, (ii) by the Fund of Borrowed Funds as contemplated by Section 2.10, or (iii) receipt by a Portfolio Company of borrowed funds from a Person which is not an Affiliate of the General Partner.

More Definitions of Borrowed Funds

Borrowed Funds means, as of the measurement date, without duplication, on a consolidated basis, Borrower's and its Subsidiaries' (1) indebtedness or liability for borrowed money, including Obligations under the Loan Documents; (2) obligations evidenced by bonds, debentures, notes, or other similar instruments; (3) obligations for the deferred purchase price of property or services (excluding trade obligations); (4) obligations as lessee under capital leases; (5) current liabilities in respect of unfunded vested benefits under Plans covered by ERISA; (6) obligations under letters of credit (other than the Earn-Out Letter of Credit); (7) obligations under acceptance facilities; (8) all guaranties, endorsements (other than for collection or deposit in the ordinary course of business), and other contingent obligations to purchase, to provide funds for payment, to supply funds to invest in any person or entity, or otherwise to assure a creditor against loss; (9) obligations secured by any Liens, whether or not the obligations have been assumed; (10) all purchase money mortgages, outstanding under asset securitization vehicles, conditional sales contracts and similar title retention debt instruments; and (11) the Contingent Earn-Out Amounts.

Borrowed Funds means, as of the measurement date, without duplication, on a consolidated basis, Borrower's and its Subsidiaries':

Borrowed Funds means Debt for borrowed money.

Borrowed Funds means the sum of all short-term debt, additional short-term debt, long-term debt and the current maturities of long-term debt. "Subordinated Debt" means debt subordinated to Borrowers' debt to Lender in a manner acceptable to Lender, and shall include current maturities of Subordinated Debt.

Borrowed Funds means all long and short term debt plus capital lease obligations, but excluding ordinary trade payable and accrued expenses. “Capitalization” means total liabilities of Tenant plus stockholder’s equity.

Borrowed Funds has the meaning provided such term in the recitals of this Agreement. “Business” means the business conducted by Torrance Pipeline.

Borrowed Funds has the meaning set forth in Section 3.10(a).