Acceptable Obligor definition

Acceptable Obligor means any of the Acceptable Domestic Account Debtors, the Acceptable Foreign Account Debtors and the Acceptable Major Account Debtors.
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Acceptable Obligor means any Approved Tier 1 Account Debtor, Approved Tier 2 Account Debtor, Approved Tier 3 Account Debtor and Approved Tier 4 Account Debtor.
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Acceptable Obligor means any Person or Affiliated Group listed on Schedule 2 hereto (as modified from time to time in accordance with Section 2.15 hereof).
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Examples of Acceptable Obligor in a sentence

  • Notwithstanding any other provision of this Agreement, Employer shall withhold from any amounts payable or benefits provided under this Agreement any federal, state and local taxes as shall be required to be withheld pursuant to any applicable law or regulation.

  • Purchaser shall also be entitled to receive from the Seller any other documentation pertaining to the Acceptable Obligor or the Purchased Receivable as the Purchaser may reasonably request.

  • Produce any television Product unless at least 75% of the Budgeted Negative Cost thereof is covered by Eligible Receivables and amounts due under any co-production agreement relating to such television Product; provided that for the purposes of this Section 6.28 only an Eligible Receivable need not be payable by and collectable from an Acceptable Obligor.


More Definitions of Acceptable Obligor

Acceptable Obligor means, at any time, all Obligors on the Seller's Receivables being acquired, from time to time, by the Purchaser from the Seller pursuant to this Agreement, except for Obligors which are Persons, or which are subject to a bankruptcy proceeding, either voluntary or involuntary, or which the Purchaser has given the Seller advance notice that the Obligor shall not be considered an Acceptable Obligor.
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Acceptable Obligor means any Person or Affiliated Group identified as such on Schedule 2.11 (as modified from time to time in accordance with Section 2.11).
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Acceptable Obligor means each obligor party to a Distribution Agreement or obligated to pay a tax credit except any obligor (i) with respect to which a Bankruptcy has occurred and is continuing, (ii) for which 20% or more of the total receivables due from such obligor are 120 days or more past due (exclusive of amounts that are being disputed or contested in good faith), (iii) which is organized in a jurisdiction which limits the ability of such obligor to remit payments to the Borrower in the United States, (iv) which is an Affiliate of the Borrower or of First Look Studios or (v) which is set forth on Schedule I attached hereto, which may be amended from time to time by the Administrative Agent in its reasonable discretion.
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Related to Acceptable Obligor

  • Eligible Obligor On any date of determination, any Obligor that:

  • L/C Supportable Obligations means and includes obligations of the Borrower or its Subsidiaries incurred in the ordinary course of business as are reasonably acceptable to the Administrative Agent and the respective Letter of Credit Issuer and otherwise permitted to exist pursuant to the terms of this Agreement.

  • Deliverable Obligation means an obligation referred to in a Synthetic Security as the "Deliverable Obligation" which is deliverable upon termination prior to the scheduled maturity thereof.

  • Eligible obligation means an obligation issued or incurred by an authority or by a municipality on behalf of an authority before August 19, 1993 and its subsequent refunding by a qualified refunding obligation. Eligible obligation includes an authority’s written agreement entered into before August 19, 1993 to pay an obligation issued after August 18, 1993 and before December 31, 1996 by another entity on behalf of the authority.

  • Eligible Obligations means (a) with respect to Securities denominated in Dollars, Governmental Obligations; or (b) with respect to Securities denominated in a currency other than Dollars or in a composite currency, such other obligations or instruments as shall be specified with respect to such Securities, as contemplated by Section 2.01.

  • Deliverable Obligation Category means Bond or Loan.

  • Acceptable Bank means (a) a bank or financial institution which has a rating for its long-term unsecured and non credit-enhanced debt obligations of A- or higher by S&P or A2 or higher by Moody's or a comparable rating from an internationally recognized credit rating agency; or (b) any other bank or financial institution approved by each Agent.

  • Acceptable Insurance Default shall have the meaning assigned to such term or analogous term in the Servicing Agreement.

  • Acceptable Counterparty means any counterparty to the Interest Rate Cap Agreement that has and shall maintain, until the expiration of the applicable Interest Rate Cap Agreement, a long-term unsecured debt rating of at least “A+” by S&P and “Aa3” from Xxxxx’x, which rating shall not include a “t” or otherwise reflect a termination risk and is otherwise reasonably acceptable to Lender.

  • Acceptable Flag Jurisdiction means the Bahamas, Bermuda, Panama, the Xxxxxxxx Islands, the United States or such other flag jurisdiction as may be acceptable to the Required Lenders in their reasonable discretion.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto:

  • Guarantor of Payment means each of the Companies set forth on Schedule 2 hereto, that are each executing and delivering a Guaranty of Payment, or any other Person that shall deliver a Guaranty of Payment to Agent subsequent to the Closing Date.

  • Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.

  • Convertible Obligation means any obligation that is convertible, in whole or in part, into Equity Securities solely at the option of holders of such obligation or a trustee or similar agent acting for the benefit only of holders of such obligation (or the cash equivalent thereof, whether the cash settlement option is that of the issuer or of (or for the benefit of) the holders of such obligation).

  • Guarantor Request or “Guarantor Order” means, with respect to any Guarantor, a written request or order signed in the name of such Guarantor by any two Officers of such Guarantor.

  • Special Purpose Securitization Subsidiary means (i) a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by the Borrower in good faith) intended to reduce the likelihood that it would be substantively consolidated with Holdings (prior to a Qualified IPO), the Borrower or any of the Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event Holdings (prior to a Qualified IPO), the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary.

  • Special Purpose Receivables Subsidiary means a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with the Borrower or any of the Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law).

  • Notice of Replacement Subordination Agent has the meaning specified in Section 3.08.

  • Credit Enhancer means the Credit Enhancer identified in the Adoption Annex.

  • NIM Issuer The entity established as the issuer of the NIM Securities.

  • Obligor on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.