OUTSTANDING BILLS Sample Clauses

OUTSTANDING BILLS. 18.1 You may enforce this Guarantee against Us at any time even if any bills or other instruments covered by this Guarantee may be in circulation or are still outstanding; You may at Your sole discretion include the amount of any such bills or other instruments in the total amount owing to You by the Customer and this Guarantee will not be capable of being terminated by Us unless and until We have made full provision up to the limit of this Guarantee for any outstanding moneys, liabilities or obligations owing to You by the Customer at any point in time.
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OUTSTANDING BILLS. Insofar as such bills are quantified and reasonably payable, and Seller has timely notice of them in the ordinary course of business, Seller will pay all bills for work performed or services rendered or charges incurred prior to the Effective Time on or before Closing and will represent and warrant that Seller is current on outstanding joint interest and AFE cash call xxxxxxxx, otherwise such bills will be satisfied under Section 5.02(b).
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OUTSTANDING BILLS. Seller is current on all outstanding joint interest and authority for expenditures (AFE) cash call xxxxxxxx as of the Closing Date.
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OUTSTANDING BILLS. (a) The Incoming Participant is taken to have accepted any outstanding Bills accepted by the Substituting Participant included in the Substituted Participation. The Incoming Participant must on demand unconditionally indemnify the Substituting Participant against any liabilities of the Substituting Participant as acceptor of the Bills.
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OUTSTANDING BILLS. A reference to an OUTSTANDING BILL is to a Bill which has been accepted or discounted under this Agreement for which the Borrower has not paid the face amount or provided cash cover under this Agreement. This applies whether or not that Bill has matured, been presented for payment or been paid on presentation by the relevant Participant.
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OUTSTANDING BILLS. (a) For the purpose of the Facility Agreement the Substitute Participant will be taken to have accepted any outstanding Bills accepted by the Retiring Participant included in the Substituted Participation. The Substitute Participant shall indemnify unconditionally the Retiring Participant against any liability of the Retiring Participant as acceptor of the Bills.
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OUTSTANDING BILLS. (a) For the purpose of the Credit Agreement the Substitute Lender will be taken to have accepted any outstanding Bills accepted by the Retiring Lender included in the Substituted Participation. The Substitute Lender shall indemnify unconditionally the Retiring Lender against any liability of the Retiring Lender as acceptor of the Bills.
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Related to OUTSTANDING BILLS

  • Outstanding Principal Balance Each Receivable has an outstanding principal balance of at least $500.

  • Outstanding Common Stock The number of shares of Common Stock at any time outstanding shall (A) not include any shares thereof then directly or indirectly owned or held by or for the account of the Issuer or any of its Subsidiaries, and (B) be deemed to include all shares of Common Stock then issuable upon conversion, exercise or exchange of any then outstanding Common Stock Equivalents or any other evidences of Indebtedness, shares of Capital Stock or other Securities which are or may be at any time convertible into or exchangeable for shares of Common Stock or Other Common Stock.

  • Outstanding Loans There are no outstanding loans, advances (except normal advances for business expenses in the ordinary course of business) or guarantees or indebtedness by the Company or any Subsidiary to or for the benefit of any of the officers or directors of the Company, any Subsidiary or any of their respective family members, except as disclosed in the Registration Statement, the General Disclosure Package and the Final Prospectus. All transactions by the Company with office holders or control persons of the Company have been duly approved by the board of directors of the Company, or duly appointed committees or officers thereof.

  • Outstanding Stock All issued and outstanding shares of capital stock and equity interests in the Company have been duly authorized and validly issued and are fully paid and non-assessable.

  • Outstanding Obligations Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

  • Outstanding Balance The balance on Lender's books and records shall be presumptive evidence (absent manifest error) of the amounts owing to Lender by the Borrowers; provided that any failure to record any transaction affecting such balance or any error in so recording shall not limit or otherwise affect the Borrowers' obligation to pay the Obligations.

  • Outstanding Notes The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding. Except as set forth in Section 2.09 hereof, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note; however, Notes held by the Company or a Subsidiary of the Company shall not be deemed to be outstanding for purposes of Section 3.07(a) hereof. If a Note is replaced pursuant to Section 2.07 hereof, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the replaced Note is held by a protected purchaser. If the principal amount of any Note is considered paid under Section 4.01 hereof, it ceases to be outstanding and interest on it ceases to accrue. If the Paying Agent (other than the Company, a Subsidiary or an Affiliate of any thereof) holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes will be deemed to be no longer outstanding and will cease to accrue interest.

  • Outstanding Indebtedness Neither the Company nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by paragraph 6B. There exists no default under the provisions of any instrument evidencing such Indebtedness or of any agreement relating thereto.

  • Outstanding Letters of Credit On the effective date of such increase, each Increasing Lender and each New Lender (i) will be deemed to have purchased a participation in each then outstanding Letter of Credit equal to its Ratable Share of such Letter of Credit and the participation of each other Lender in such Letter of Credit shall be adjusted accordingly and (ii) will acquire (and will pay to the Administrative Agent, for the account of each Lender, in immediately available funds, an amount equal to) its Ratable Share of all outstanding Participation Advances.

  • Outstanding Capital Stock The outstanding shares of capital stock of the Company have been duly authorized and validly issued and are fully paid and non-assessable; none of the outstanding shares of capital stock of the Company was issued in violation of any preemptive or similar rights of any stockholder of the Company.

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