Corresponding Obligations definition

Corresponding Obligations means all Secured Obligations as they may exists from time to time, other than the Parallel Debt.
Corresponding Obligations means any obligation to pay an amount to the Lenders, the Agents or any other Secured Creditor (or any of them), whether for principal, interest, costs, any overdraft or otherwise and whether present or future: (a) under or in connection with the Credit Documents other than any obligation arising under or in connection with the Parallel Debt; (b) under any other Obligation; or (c) under any other indebtedness as the Secured Creditors (or the Collateral Agent on their behalf) and the Borrowers may agree from time to time.
Corresponding Obligations means all Obligations as they may exist from time to time, other than the Parallel Debts.

Examples of Corresponding Obligations in a sentence

  • For the avoidance of doubt, to the extent the Issuer has paid any amounts to the Security Agent under the Parallel Debt the Corresponding Obligations will be decreased accordingly, except to the extent such payment shall have been subsequently avoided or reduced by virtue of provisions or enactments relating to bankruptcy, insolvency, preference, liquidation or similar laws of general application.

  • Chances of refugee girls getting employed are very limited to none due to lack of qualifications, experience and necessary legal documentations such as identity documents and work permits.

  • The Parallel Debt constitutes an undertaking, obligation and liability to the Security Agent which is separate and independent from, and without prejudice to, the Corresponding Obligations.

  • For the purpose of this Clause 20 ( Parallel Debt) the "Corresponding Obligations" mean all amounts payable by the Issuer to each of the Bondholders (whether present or future and whether actual or contingent) under these Terms and Conditions.

  • Provision of Dispatch Services by Glenview and Corresponding Obligations of Lindenhurst.


More Definitions of Corresponding Obligations

Corresponding Obligations means the Guaranteed Obligations other than the Parallel Debt.
Corresponding Obligations has the meaning assigned to such term in the Dutch Share Pledge.
Corresponding Obligations as defined in Section 10.34(a).
Corresponding Obligations means any amount owed by an International Loan Party to an International Secured Party under or in connection with the International Loan Documents.
Corresponding Obligations means each Loan Party’s Obligations other than the Parallel Debt.
Corresponding Obligations means all Obligations, other than any Parallel Debt.
Corresponding Obligations means each Note Party’s Obligations to Purchasers or holders of the Notes, other than the Parallel Debt.