Money Borrowed Sample Clauses

The "Money Borrowed" clause defines the amount of money that one party is lending to another under the agreement. It typically specifies the principal sum, the date the funds are provided, and may outline any conditions related to the disbursement of the loan. This clause ensures both parties are clear on the exact amount being borrowed, thereby preventing disputes over the loaned sum and establishing a clear basis for repayment obligations.
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Money Borrowed. Indebtedness arising from the lending of money by any Person to any Borrower or any Guarantor; (ii) Indebtedness, whether or not in any such case arising from the lending by any Person of money to any Borrower or any Guarantor, (1) which is represented by notes payable or drafts accepted that evidence extensions of credit, (2) which constitutes obligations evidenced by bonds, debentures, notes or similar instruments, (3) upon which interest charges are customarily paid (other than accounts payable), or (4) that was issued or assumed as full or partial payment for Property; (iii) Indebtedness that constitutes a Capitalized Lease Obligation; (iv) reimbursement obligations with respect to letters of credit or guaranties of letters of credit and (v) Indebtedness of any Borrower or any Guarantor under any guaranty of obligations that would constitute Indebtedness for Money Borrowed under clauses (i) through (iii) hereof, if owed directly by such Borrower or Guarantor. Money Borrowed shall not include trade payables or accrued expenses.
Money Borrowed. Any liabilities, obligations, or commitments of Seller or any of its Subsidiaries for money borrowed, whether or not arising from or relating to the operation or conduct of the Business or any of the Acquired Assets, including any liabilities, obligations, or commitments of Seller or any of its Subsidiaries arising from or relating to (i) the Credit Agreement, dated May 8, 1997, by and between Seller and the Bank of Nova Scotia and certain other lenders, (ii) the Participation and Credit Agreement, dated May 8, 1997, by and between Seller and the Bank of Nova Scotia and certain other lenders, (iii) Seller's $175 million Senior Notes, (iv) any indebtedness for money borrowed by Seller from Huntsman, or (v) any loan or lease documents or other agreements related to the agreements referred to in the foregoing clauses (i), (ii), (iii), or (iv) (the agreements and documents referred to in clauses (i), (ii), (iii), (iv), and (v) collectively, the "Existing Credit Facilities").
Money Borrowed as applied to any Person, (i) Debt arising from the lending of money by any other Person to such Person; (ii) Debt, whether or not in any such case arising from the lending of money by another Person to such Person, (A) which is represented by notes payable or drafts accepted that evidence extensions of credit, (B) which constitutes obligations evidenced by bonds, debentures, notes or similar instruments, or (C) upon which interest charges are customarily paid (other than accounts payable) or that was issued or assumed as full or partial payment for Property; (iii) Debt that constitutes a Capitalized Lease Obligation; (iv) reimbursement obligations with respect to letters of credit or guaranties of letters of credit and (v) Debt of such Person under any guaranty of obligations that would constitute Debt for Money Borrowed under clauses (i) through (iii) hereof, if owed directly by such Person; and (vi) similar off-balance sheet obligations. ▇▇▇▇▇'▇ - ▇▇▇▇▇'▇ Investors Services, Inc. Mortgage - collectively, the mortgages, deeds of trust or deeds to secure debt to be executed by Borrower and the other Obligors, as applicable, on or before the Closing Date in favor of Agent and by which Borrower or such other Obligor shall grant and convey to Agent, for its benefit as Agent and for the Pro Rata benefit of Lenders, Liens upon the Real Estate, as security for the payment of the Obligations. Multiemployer Plan - has the meaning set forth in Section 4001(a)(3) of ERISA. Net Cash Distributions - an amount equal to the difference between the cash received by Borrower from Chroma on a monthly basis less amounts paid by Borrower to Chroma or the former owners of Chroma. Net Proceeds -with respect to a disposition of any Collateral, proceeds (including cash receivable (when received) by way of deferred payment) received by Borrower from the sale, lease, transfer or other disposition of any Property, including insurance proceeds and awards of compensation received with respect to the destruction or condemnation of all or part of such Property, net of: (i) the reasonable and customary costs of such sale, lease, transfer or other disposition (including legal fees and sales commissions); and (ii) amounts applied to repayment of Debt (other than the Obligations) secured by a Permitted Lien on the Collateral disposed of that is senior to Agent's Liens with respect to such Collateral. Notes - each Revolver Note, each Term Note, the Settlement Note and any other promissory n...
Money Borrowed. Incur any Indebtedness after the Closing Date hereof for Money Borrowed.
Money Borrowed as applied to any Person, (i) Debt arising from the lending of money by any other Person to such Person; (ii) Debt, whether or not in any such case arising from the lending of money by another Person to such Person, (A) which is represented by notes payable or drafts accepted that evidence extensions of credit, (B) which constitutes obligations evidenced by bonds, debentures, notes or similar instruments, or (C) upon which interest charges are customarily paid (other than accounts payable) or that was issued or assumed as full or partial payment for Property; (iii) Debt that constitutes a Capitalized Lease Obligation; (iv) reimbursement obligations with respect to letters of credit or guaranties of letters of credit and (v) Debt of such Person under any guaranty of obligations that would constitute Debt for Money Borrowed under clauses (i) through (iii) hereof, if owed directly by such Person. Moody’s — M▇▇▇▇’▇ Investors Services, Inc. Mortgage – collectively, each mortgage, deed of trust or deed to secure debt executed or to be executed by the relevant Borrower in favor of Agent and by which such Borrower shall grant and convey to Agent, for its benefit as Agent and for the Pro Rata benefit of Lenders, Liens upon all the Real Estate of such Borrower, as security for the payment of the Obligations.
Money Borrowed. Indebtedness arising from the lending of money by any Person to any Borrower or any of its Subsidiaries; (ii) Indebtedness, whether or not in any such case arising from the lending by any Person of money to any Borrower or any of its Subsidiaries, (1) which is represented by notes payable or drafts accepted that evidence extensions of credit, (2) which constitutes obligations evidenced by bonds, debentures, notes or similar instruments, or (3) upon which interest charges are customarily paid (other than accounts payable) or that was issued or assumed as full or partial payment for Property; (iii) Indebtedness that constitutes a Capitalized Lease Obligation; (iv) reimbursement obligations with respect to letters of credit or guaranties of letters of credit and (v) Indebtedness of any Borrower or any of its Subsidiaries under any guaranty of obligations that would constitute Indebtedness for Money Borrowed under clauses (i) through (iii) hereof, if owed directly by a Borrower or any of its Subsidiaries. Money Borrowed shall not include trade payables or accrued expenses. Mortgage — each mortgage, deed of trust or comparable document heretofore, now or at any time hereafter executed and delivered to Agent creating a Lien on real Property of a Borrower, a Subsidiary Guarantor or any other Person as security for all or any part of the Obligations.