Affiliate Debt definition

Affiliate Debt means any Indebtedness, whether now existing or hereafter incurred, owed by any Credit Party or any of its Subsidiaries to any other Credit Party or any of its Affiliates (including, without limitation, any Intercompany Existing Indebtedness).

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Affiliate Debt means any and all Indebtedness owed by Borrower to an Affiliate of Borrower.

Affiliate Debt means indebtedness owing to the Grantor from any -------------- Affiliate.

Examples of Affiliate Debt in a sentence

• All General Intangibles, including, without limitation, Affiliate Debt.

• Notwithstanding the terms of the Affiliate Loan Documents, the Affiliate shall not, directly or indirectly, take or initiate any Enforcement Action; provided that the Affiliate may file of a proof of claim or similar instrument with respect to the Affiliate Debt in any Insolvency Proceeding or commence or initiate any action required to comply with statutory limitation periods (provided the Senior Agent is promptly notified of such action and such proceeding is immediately stayed).

• Subject to Section 3.3 and notwithstanding the terms of the Affiliate Loan Documents, no Debtor (or any Person on its behalf) shall make or shall be entitled to make, and the Affiliate shall not accept and shall not be entitled to accept, any Payment to the Affiliate of any interest, principal, premium or other amount in respect of the Affiliate Debt.

• The Affiliate shall not sell, assign, or otherwise transfer, in whole or in part, any of the Affiliate Debt or any right, title or interest therein other than by way of a Lien in favour of the Senior Agent, unless the assignee or transferee agrees in writing with the Senior Creditors to be bound by this Agreement.

• The Grantor represents and warrants that -------------- except for the "Kitchen Craft Note" (as defined in the USBNA Credit Agreement), there are no Instruments evidencing Affiliate Debt in favor of or assigned to the Grantor.

More Definitions of Affiliate Debt

Affiliate Debt. With respect to any Mortgage Loan, any debt owed by the related Mortgagor to an Affiliate of such Mortgagor as of the Closing Date as set forth on Schedule 3 hereto.

Affiliate Debt means Subordinated Debt other than Debt Instruments, with an Affiliate as lender.

Affiliate Debt means all Debt between the Company or any Subsidiary, on the one hand, and Seller or any Affiliate of Seller, on the other hand, and all intercompany advances of funds between the Seller or any of its Affiliates, on the one hand, and the Company or any Subsidiary, on the other hand.

Affiliate Debt means, collectively, all present and future indebtedness, liabilities and obligations of any and every kind, nature and description (whether direct or indirect, absolute or contingent, matured or unmatured) of the Debtors to the Affiliate, and any unpaid balance thereof.

Affiliate Debt means any Indebtedness owed by any Credit Party to any Subsidiary of Trizec which is not a Credit Party.

Affiliate Debt means all Debt between APC or any Subsidiary of APC, on the one hand, and PHL, either of the Sellers or any of their Affiliates (other than APC or its Subsidiaries), on the other hand, and all intercompany advances of funds between PHL, either of the Sellers or any of their Affiliates (other than APC or its Subsidiaries), on the one hand, and APC or any Subsidiary of APC, on the other hand.

Affiliate Debt means the Indebtedness of the Loan Parties owing to any Affiliate that is not a Loan Party, existing as of the date of this Agreement and listed on Schedule 5.9(a) hereto.