The Debt. As of the date hereof, the aggregate amount of the outstanding principal amount, accrued but unpaid interest, and all other amounts due and payable under the Note is: $75,000 (collectively the “Debt”). Aside from the Debt, the Company is not otherwise indebted to you.
The Debt. For purposes of this Agreement, the term "
The Debt. Service Reserve may be applied against the Borrower’s payment obligations under this Agreement pursuant to Clause 7.6.1 (a) (ii).
The Debt. The Customer acknowledges and agrees that it owed the sum of $1,722.646.48, as of July 15, 1997, made up as follows;
The Debt. At the Closing (as defined herein), the Company shall have a debt obligation towards the Creditor in the aggregate amount of $675,000 (the "Scan Payment") which shall be paid to the Creditor in quarterly installments over a period of ten years commencing January 1, 2011 (the "Scan Installments"). The obligations of the Creditor pursuant to this Agreement are subject to the receipt by the Creditor of: (i) true and correct copies of resolutions of the Company's Board of Directors authorizing the Company to enter into this Agreement, and authorizing an officer of the Company to enter into such documents and their respective exhibits, annexes and schedules, in the form attached hereto as Exhibit A; (ii) an executed Share Purchase Agreement relating to the sale of Scan and IRT Scan to third party purchasers, including the exhibits thereto, attached hereto as Exhibit B; and (iii) copies of the consents of the Banks to the terms of this Agreement. The closing of the transaction contemplated herein and the execution and delivery to the Creditor of the above documentation (the "Closing") shall take place at the offices of Matry, Meiri & Co. Law Offices or at such other place, date and time as the Company and the Creditor may agree For the purposes of this Agreement including all of its schedules, exhibits and annexes, the “Effective Date” shall be deemed the Closing.
The Debt. For purposes of this Agreement, the term "Debt" is defined as the Revolving Loan and those additional obligations of the Borrower and Guarantor defined in Article 1 and Article 2 of this Agreement.
The Debt. Total Amount of Debt When Case was Filed $ Total Amount of Debt Reaffirmed $ Above Total includes the following: Interest Accrued to Date of Agreement $ Attorney Fees $ Late Fees $ Other Expenses of Costs Relating to the Collection of this Debt (Describe) $ Annual Percentage Rate (APR) % Amount of Monthly Payment $ Date Payments Start Total Number of Payments to be made Total of Payments if paid according to schedule Date Any Lien Is to Be Released if paid according to schedule The debtor agrees that any and all remedies available to the creditor under the security agreement remain available. All additional Terms Agreed to by the Parties (if any): Form B240/Oakland Revision cont. 3 of 5 Payments on this debt [were][were not] in default on the date on which this bankruptcy case was filed. This agreement differs from the original agreement with the creditor as follows: Description of Collateral. If applicable, list manufacturer, year and model: Value $ Basis or Source for Valuation Current Location and Use of Collateral Expected Future Use of Collateral Check Applicable Boxes: ~ Any lien described herein is valid and perfected. ~ This agreement is part of a settlement of a dispute regarding the dischargeability of this debt under section 523 of the Bankruptcy Code (11 U.S.C. § 523) or any other dispute. The nature of dispute is . My Monthly Income (take home pay plus any other income received) is $ . My current monthly expenses total $ , not including any payment due under this agreement or any debt to be discharged in this bankruptcy case. I believe this agreement [will][will not] impose an undue hardship on me or my dependents. Form B240/Oakland Revision cont. 4 of
The Debt. The Debtor agrees and acknowledges that:
2.1. the debt arose due to the following facts and reasons:
2.2. he/she is indebted to the Creditor and has an obligation to repay an outstanding debt amount of Insert amount in words Insert amount R , and has agreed to an interest rate of % per month / per annum from the date that the obligation becomes due and payable.
The Debt to-equity ratio of the Project shall be determined through the Feasibility Study. However, at least thirty percent (30%) of the total cost of the Project shall be funded by the Sponsor as equity in the Concessionaire, excluding the Financing, the GOB Ordinary Shares and the GOB Equity, in accordance with the Equity Funding & Utilization Agreement.
The Debt. Service Reserve Letter of Credit Loans made by each Lender shall be evidenced by this Agreement and, if requested by such Lender, by a promissory note of the Borrower, substantially in the form of Exhibit C, with appropriate insertions as to payee, date and principal amount(individually, a "Debt Service Reserve Letter of Credit Note"; collectively, the "Debt Service Reserve Letter of Credit Notes"), payable to the order of such Lender. Each Debt Service Reserve Letter of Credit Note shall: (i) be dated the date of the applicable drawing under the Debt Service Reserve Letter of Credit and (ii) be in the principal amount of such Lender's Commitment Percentage of the amount of such drawing. The Borrower shall duly execute and deliver a Debt Service Reserve Letter of Credit Note payable to the order of any requesting Lender immediately following a drawing under the Debt Service Reserve Letter of Credit. Each Bank is hereby authorized to record the date, Type and amount of the Debt Service Reserve Letter of Credit Loan made by such Bank, each continuation thereof, each conversion of all or a portion thereof to another Type, the date and amount of each payment or prepayment of principal thereof and, in the case of Eurodollar Loans, the length of each Interest Period with respect thereto, on the schedules annexed to and constituting part of any of its Debt Service Reserve Letter of Credit Notes or on other appropriate records of such Bank, and any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded in the absence of manifest error; provided that the failure by any Bank to make any such recordation or any error therein shall not limit or otherwise affect the obligations of the Borrower hereunder or under the Debt Service Reserve Letter of Credit Notes in respect of the Debt Service Reserve Letter of Credit Loans.
