Obligated Group definition

Obligated Group means the Corporation, the other Members of the Obligated Group executing the Master Indenture on the date of original execution and delivery of the Master Indenture and any other Person which has fulfilled the requirements for entry into the Obligated Group set forth in Section 501 of the Master Indenture and which has not ceased such status pursuant to Section 502 of the Master Indenture.
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Obligated Group means one or more entities that
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Obligated Group and “Obligated Group Parties” shall mean, collectively, (a) Borrower, (b) Xx Xxxxxx, (c) PBC, (d) Tejas, (e) Boulder, (f) BN Foods, and (g) Xxxxx (each, individually, an “Obligated Group Party”).
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Examples of Obligated Group in a sentence

  • Under the new credit structure, each member of the Obligated Group is jointly and severally liable for all debt and other obligations that are evidenced and secured under the MTI.

  • Effective March 26, 2011, NCBH, WFUHS, and WFUBMC formed a single obligated group (Obligated Group) under the existing MTI.

  • Other facilities will be added to the Obligated Group and the revenues, fees, and other payments derived from such facilities will be pledged under the Indenture in the future as circumstances permit.

  • The Indenture provides for the formation of an Obligated Group for the purpose of achieving lower borrowing costs through sharing accumulated excess revenues and earnings derived from such facilities.

  • Limitations on Withdrawal from the Obligated Group and Entrance into the Obligated Group.


More Definitions of Obligated Group

Obligated Group means the Obligated Group as defined in the Master Indenture.
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Obligated Group means a group of entities that have
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Obligated Group means the Obligated Group established under (and as defined in) the Master Indenture, as membership in such Obligated Group may be modified from time to time.
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Obligated Group means, collectively, the Members of the Obligated Group.
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Obligated Group means Edgemere and SQLC.
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Obligated Group means, the Borrower, as the initial member of the Obligated Group under the Master Indenture.
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Obligated Group means the Company, Alamo Capital Inc., a Nevada corporation; Alamo Group (IA) Inc., a Nevada corporation; Alamo Group (KS) Inc., a Kansas corporation; Alamo Group (SMC) Inc., a Nevada corporation; Alamo Group (TX) L.P., a Delaware limited partnership; Alamo Group (USA) Inc., a Delaware corporation; Alamo Group Holdings, L.L.C., a Delaware limited liability company; Alamo Sales Corp., a Delaware corporation; Xxxxxxxx Xxxxx Inc., a Nevada corporation; Alamo Group (IL) Inc., a Delaware corporation, f/k/a M&W Gear Company; Xxxxxxx (USA) Inc., a Florida corporation; Schwarze Industries, Inc., an Alabama corporation; Tiger Corporation, a Nevada corporation, Alamo Group Services Inc., a Delaware corporation, Alamo Group (OH) Inc., a Delaware corporation, NP Real Estate Inc., an Ohio corporation, and any such other Person that the Company requests be included in the Obligated Group on the prior written approval of the Required Lenders, which approval shall not be unreasonably withheld.
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