Intercompany Accounts, Related Liabilities and Other Matters Sample Clauses

Intercompany Accounts, Related Liabilities and Other Matters. The methodologies and the principles in settling intercompany accounts and related Liabilities and other matters between Sprint or any member of the Sprint Group, on the one hand, and Embarq or any member of the Embarq Group, on the other hand, will be as set forth on Schedule 2.08.
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Intercompany Accounts, Related Liabilities and Other Matters. The methodologies and the principles in settling intercompany accounts and related Liabilities and other matters between NTELOS or any member of the NTELOS Group, on the one hand, and Wireline or any member of the Wireline Group, on the other hand, will be as set forth on Schedule 2.08.
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Intercompany Accounts, Related Liabilities and Other Matters. A. The parties will use the methodologies and principles in this schedule in settling inter-company accounts, related Liabilities and other matters addressed below, in each case on a combined basis for Seahawk and each member of the Seahawk Group.
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Intercompany Accounts, Related Liabilities and Other Matters. At the Distribution Date, NTELOS Inc. and Wireline, and its subsidiaries, will settle with cash all intercompany obligations outstanding as of September 30, 2011, as set forth below. Not later than 45 days following the Distribution Date, NTELOS Inc. and Wireline, and its subsidiaries, will settle with cash all remaining intercompany obligations outstanding as of the close of business on the Distribution Date, such amount of intercompany obligations to be identified in writing by NTELOS Inc. to Wireline not later than 30 days following the Distribution Date. Description of Intercompany Debt Amount NTELOS Inc. has a note receivable from Lumos FiberNet Inc. and Lumos FiberNet Inc. has a note payable to NTELOS Inc.1 $ 152,575,270 NTELOS Inc. has a note receivable from NTELOS Media Inc. and NTELOS Media Inc. has a note payable to NTELOS Inc.2 $ 713,055 NTELOS Inc. has a note receivable from Lumos Networks Inc. and Lumos Networks Inc. has a note payable to NTELOS Inc. $ 27,691,762 NTELOS Inc. has a note receivable from Lumos Networks of West Virginia Inc. and Lumos Networks of West Virginia Inc. has a note payable to NTELOS Inc. $ 49,830,068 NTELOS Inc. has a note receivable from Lumos Telephone of Botetourt Inc. and Lumos Telephone of Botetourt Inc. has a note payable to NTELOS Inc. $ 312,476 NTELOS Inc. has a note receivable from the Virginia Independent Telephone Alliance LC. and the Virginia Independent Telephone Alliance LC. has a note payable to NTELOS Inc. $ 35,583 Total of Wireline Business Intercompany Note Receivables Held by NTELOS Inc. $ 231,158,214 1 Net of $5.0 million capital account contribution reflected in the separation resolutions 2 Net of $11.0 million capital account contribution reflected in the separation resolutions NTELOS Inc. has a note payable to R&B Network, Inc. and R&B Network, Inc. has a note receivable from NTELOS Inc. $ 9,756,899 NTELOS Inc. has a note payable to NTELOS Cornerstone Inc. and NTELOS Cornerstone Inc. has a note receivable from NTELOS Inc. $ 6,402,919 NTELOS Inc. has a note payable to NTELOS Telephone Inc. and NTELOS Telephone Inc. has a note receivable from NTELOS Inc. $ 39,196,012 NTELOS Inc. has a note payable to NTELOS NetAccess Inc. and NTELOS NetAccess Inc. has a note receivable from NTELOS Inc. $ 12,428,239 NTELOS Inc. has a note payable to NA Communications Inc. and NA Communications Inc. has a note receivable from NTELOS Inc. $ 2,183,262 NTELOS Inc. has a note payable to the Virginia Telecommunications Par...
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Intercompany Accounts, Related Liabilities and Other Matters. A. The Parties will use the methodologies and principles in this schedule in settling inter-company accounts, related Liabilities and other matters addressed below, in each case on a consolidated basis for Embarq and each member of the Embarq Group.
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Intercompany Accounts, Related Liabilities and Other Matters. At the Distribution Date, NTELOS Inc. and Wireline, and its subsidiaries, will settle with cash all intercompany obligations outstanding as of __________ ___, 2011, as set forth below. Not later than [30] days following the Distribution Date, NTELOS Inc. and Wireline, and its subsidiaries, will settle with cash all remaining intercompany obligations outstanding as of the close of business on the [day preceding the] Distribution Date, such amount of intercompany obligations to be identified in writing by NTELOS Inc. to Wireline not later than [15] days following the Distribution Date. Description of Intercompany Debt Amount NTELOS Inc. has a note receivable from NTELOS FiberNet Inc. and NTELOS FiberNet Inc. has a note payable to NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note receivable from NTELOS Media Inc. and NTELOS Media Inc. has a note payable to NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note receivable from NTELOS Network Inc. and NTELOS Network Inc. has a note payable to NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note receivable from NTELOS of West Virginia Inc. and NTELOS of West Virginia Inc. has a note payable to NTELOS Inc.. [$ __________ ] Total of Wireline Business Intercompany Note Receivables Held by NTELOS Inc. [$ __________ ] NTELOS Inc. has a note payable to R&B Network, Inc. and R&B Network, Inc. has a note receivable from NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note payable to NTELOS Cornerstone Inc. and NTELOS Cornerstone Inc. has a note receivable from NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note payable to NTELOS Telephone Inc. and NTELOS Telephone Inc. has a note receivable from NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note payable to NTELOS NetAccess Inc. and NTELOS NetAccess Inc. has a note receivable from NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note payable to NA Communications Inc. and NA Communications Inc. has a note receivable from NTELOS Inc.. [$ __________ ] NTELOS Inc. has a note payable to Roanoke and Botetourt Telephone Company and Roanoke and Botetourt Telephone Company has a note receivable from NTELOS Inc. [$ __________ ] Total of Wireline Business Intercompany Note Payables From NTELOS Inc. [$ __________ ]
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Related to Intercompany Accounts, Related Liabilities and Other Matters

  • Deposit Accounts and Other Accounts Schedule 3.22 lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, and such Schedule correctly identifies the name, address and any other relevant contact information reasonably requested by Agent with respect to each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Tax and Other Liabilities Neither Seller nor any Seller Subsidiary has any liability of any nature, accrued or contingent, including without limitation liabilities for Taxes and liabilities to customers or suppliers, other than the following:

  • Notification of Account Debtors and Other Obligors The Lender may at any time (whether or not a Default Period then exists) notify any account debtor or other person obligated to pay the amount due that such right to payment has been assigned or transferred to the Lender for security and shall be paid directly to the Lender. The Borrower will join in giving such notice if the Lender so requests. At any time after the Borrower or the Lender gives such notice to an account debtor or other obligor, the Lender may, but need not, in the Lender's name or in the Borrower's name, (a) demand, xxx for, collect or receive any money or property at any time payable or receivable on account of, or securing, any such right to payment, or grant any extension to, make any compromise or settlement with or otherwise agree to waive, modify, amend or change the obligations (including collateral obligations) of any such account debtor or other obligor; and (b) as the Borrower's agent and attorney-in-fact, notify the United States Postal Service to change the address for delivery of the Borrower's mail to any address designated by the Lender, otherwise intercept the Borrower's mail, and receive, open and dispose of the Borrower's mail, applying all Collateral as permitted under this Agreement and holding all other mail for the Borrower's account or forwarding such mail to the Borrower's last known address.

  • Impositions and Other Claims Each Borrower shall pay and discharge, or cause to be paid and discharged, all taxes, assessments and governmental charges levied upon it, its income and its assets and the Properties prior to delinquency, as well as all lawful claims for labor, materials and supplies or otherwise, subject to any rights to contest contained in the definition of Permitted Encumbrances. Each Borrower shall file or cause to be filed all federal, state and local tax returns and other reports that it or its subsidiaries are required by law to file. If any law or regulation applicable to Lender, any Note, any of the Mortgage Loan Collateral Properties or any of the Mortgages is enacted that deducts from the value of property for the purpose of taxation any Lien thereon, or imposes upon Lender the payment of the whole or any portion of the taxes or assessments or charges or Liens required by this Agreement to be paid by Borrower, or changes in any way the laws or regulations relating to the taxation of mortgages or security agreements or debts secured by mortgages or security agreements or the interest of the mortgagee or secured party in the property covered thereby, or the manner of collection of such taxes, so as to affect any of the Mortgages, the Indebtedness or Lender, then Borrower, upon demand by Lender, shall pay such taxes, assessments, charges or Liens, or reimburse Lender for any amounts paid by Lender. If in the opinion of Lender’s counsel it might be unlawful to require Borrower to make such payment or the making of such payment might result in the imposition of interest beyond the maximum amount permitted by applicable Law, Lender may elect to declare all of the Indebtedness to be due and payable 90 days from the giving of written notice by Lender to Borrower.

  • Financial Statements; Borrowing Base and Other Information The Borrowers will furnish to the Administrative Agent and each Lender:

  • Notifications and Other Indemnification Procedures Promptly after receipt by an indemnified party under this Section 8 of notice of the commencement of any action, such indemnified party will, if a claim in respect thereof is to be made against an indemnifying party under this Section 8, notify the indemnifying party in writing of the commencement thereof, but the omission to so notify the indemnifying party will not relieve the indemnifying party from any liability which it may have to any indemnified party to the extent the indemnifying party is not materially prejudiced as a proximate result of such failure and shall not in any event relieve the indemnifying party from any liability that it may have otherwise than on account of this indemnity agreement. In case any such action is brought against any indemnified party and such indemnified party seeks or intends to seek indemnity from an indemnifying party, the indemnifying party will be entitled to participate in, and, to the extent that it shall elect, jointly with all other indemnifying parties similarly notified, by written notice delivered to the indemnified party promptly after receiving the aforesaid notice from such indemnified party, to assume the defense thereof with counsel reasonably satisfactory to such indemnified party; provided, however, that if the defendants in any such action include both the indemnified party and the indemnifying party and the indemnified party shall have reasonably concluded that a conflict may arise between the positions of the indemnifying party and the indemnified party in conducting the defense of any such action or that there may be legal defenses available to it and/or other indemnified parties which are different from or additional to those available to the indemnifying party, the indemnified party or parties shall have the right to select separate counsel to assume such legal defenses and to otherwise participate in the defense of such action on behalf of such indemnified party or parties. Upon receipt of notice from the indemnifying party to such indemnified party of such indemnifying party’s election so to assume the defense of such action and approval by the indemnified party of counsel, the indemnifying party will not be liable to such indemnified party under this Section 8 for any legal or other expenses subsequently incurred by such indemnified party in connection with the defense thereof unless (i) the indemnified party shall have employed separate counsel in accordance with the proviso to the preceding sentence (it being understood, however, that the indemnifying party shall not be liable for the fees and expenses of more than one separate counsel (together with local counsel), representing the indemnified parties who are parties to such action), which counsel (together with any local counsel) for the indemnified parties shall be selected by the Representative (in the case of counsel for the indemnified parties referred to in Section 8(a) above) or by the Company (in the case of counsel for the indemnified parties referred to in Section 8(b) above) or (ii) the indemnifying party shall not have employed counsel satisfactory to the indemnified party to represent the indemnified party within a reasonable time after notice of commencement of the action or (iii) the indemnifying party has authorized in writing the employment of counsel for the indemnified party at the expense of the indemnifying party, in each of which cases the fees and expenses of counsel shall be at the expense of the indemnifying party and shall be paid as they are incurred.

  • Prepayments of Other Indebtedness; Modifications of Organizational Documents and Other Documents, etc Directly or indirectly:

  • Notification to Account Debtors and Other Persons Obligated on Collateral If an Event of Default shall have occurred and be continuing, the Borrower shall, at the request and option of the Operations Agent, notify account debtors and other persons obligated on any of the Collateral of the security interest of the Operations Agent in any account, chattel paper, general intangible, instrument or other Collateral and that payment thereof is to be made directly to the Operations Agent or to any financial institution designated by the Operations Agent as the Operations Agent’s agent therefor, and the Operations Agent may itself, if a Default or an Event of Default shall have occurred and be continuing, without notice to or demand upon the Borrower, so notify account debtors and other persons obligated on Collateral. After the making of such a request or the giving of any such notification, the Borrower shall hold any proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral received by the Borrower as trustee for the Operations Agent, for the benefit of the Lenders and the Operations Agent, without commingling the same with other funds of the Borrower and shall turn the same over to the Operations Agent in the identical form received, together with any necessary endorsements or assignments. The Operations Agent shall apply the proceeds of collection of accounts, chattel paper, general intangibles, instruments and other Collateral received by the Operations Agent to the Obligations, such proceeds to be immediately credited after final payment in cash or other immediately available funds of the items giving rise to them.

  • CONCERNING MARGIN ACCOUNTS, SENIOR SECURITY ACCOUNTS, AND COLLATERAL ACCOUNTS 1. The Custodian shall, from time to time, make such deposits to, or withdrawals from, a Senior Security Account as specified in a Certificate received by the Custodian. Such Certificate shall specify the Series for which such deposit or withdrawal is to be made and the amount of cash and/or the amount and kind of Securities specifically allocated to such Series to be deposited in, or withdrawn from, such Senior Security Account for such Series. In the event that the Fund fails to specify in a Certificate the Series, the name of the issuer, the title and the number of shares or the principal amount of any particular Securities to be deposited by the Custodian into, or withdrawn from, a Senior Securities Account, the Custodian shall be under no obligation to make any such deposit or withdrawal and shall so notify the Fund.

  • Debts, Guaranties and Other Obligations The Borrower shall not, and shall not permit any of its Subsidiaries to, create, assume, suffer to exist, or in any manner become or be liable in respect of, any Debt except:

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