Aggregate Obligations definition

Aggregate Obligations shall have the meaning given such term in the Pledge Agreements.
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Aggregate Obligations means, collectively, the "Obligations" under, and as such term is defined in, each of the Credit Agreement, the Revolving Credit Agreement and the Term Loan Credit Agreement.
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Aggregate Obligations means the aggregate outstanding Obligations of Borrower, as defined in this Agreement, and the aggregate outstanding Obligations of Guarantor, as defined in the Loan and Security Agreement of even date with Bank.
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Examples of Aggregate Obligations in a sentence

  • Each Loan Party hereby acknowledges and agrees that the Fifth Third Parties have the exercisable right to declare the Aggregate Obligations to be immediately due and payable under the terms of the Loan Agreements, the Lease Agreements and the other Loan Documents, as applicable.

  • As credit support for the Aggregate Obligations, on or before the Closing Date, Macerich Partnership, MAC, and the other Pledgors shall each execute and deliver to the Collateral Agent, a Pledge Agreement, pursuant to which each of them shall pledge to the Collateral Agent, for the ratable benefit of the Benefited Creditors, all of its direct and indirect ownership interest in the Subsidiary Entities identified therein.

  • As credit support for the Aggregate Obligations, on or before the Closing Date (1) MAC shall execute and deliver to the Collateral Agent, for the benefit of the Benefited Creditors, the REIT Guaranty, and (2) the Affiliate Guarantors shall each execute and deliver to the Collateral Agent, for the benefit of the Benefited Creditors, an Affiliate Guaranty.

  • As credit support for the Aggregate Obligations, on or before the Closing Date, Macerich Partnership, MAC, and the Westcor Borrowers (other than Macerich TWC Corp.

  • EDC hereby agrees that any cash collateral delivered by the Borrower as security for any LC Hedging Aggregate Obligations shall be first applied to repay any outstanding LC Hedging Aggregate Obligations in excess of LC Hedging Aggregate Sublimit.

  • On or before January 15, 2013, Borrowers shall deliver to Lender definitive offers from one or more of the potential purchasers, in form and substance reasonably acceptable to Lender, which offers provide, among other things, for net cash proceeds sufficient to fully and finally satisfy the Aggregate Obligations, in cash.

  • The net book value of the tangible, realizable assets of the Company less Company Aggregate Obligations as estimated by Parent in its good faith five days prior to the Closing Date shall not be less than negative $1,500,000.

  • Aggregate Obligations under this Note shall not at any time exceed the Maximum Advance Amount.

  • On or before February 15, 2013 (or such later date as the Fifth Third Parties may agree, in writing, in their sole discretion), Borrowers shall consummate the transactions contemplated by the Final Purchase Agreements and, immediately upon the closing thereof, remit to the Fifth Third Parties an amount of proceeds arising therefrom to fully, finally and indefeasibly repay the Aggregate Obligations, in cash.

  • Notwithstanding Section 12.8 or anything else contained herein, but subject to Schedule “D” hereto, CNUL hereby grants APMC an option to, at any time, purchase from CNUL such amount of the Subordinated Debt Facilities held by CNUL which would result in APMC (together with any assignees of APMC hereunder) holding up to 75% of the Subordinated Debt Facilities and the Aggregate Obligations for consideration equal to the principal amount of and accrued interest on the purchased Subordinated Debt Facilities.


More Definitions of Aggregate Obligations

Aggregate Obligations means, for any period with respect to any one or more Series of Bonds, the sum of (i) the Authority’s Bond Payment Obligations due and owing for such period
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Aggregate Obligations means, for any period with respect to any one or more Series of Bonds, the sum of (i) the Authority’s Bond Payment Obligations due and owing for such period with respect to such Series of Bonds, and (ii) the Authority’s Credit Facility Payment Obligations due and owing for such period in connection with any Credit Facility securing all or a portion of such Series of Bonds.
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Aggregate Obligations means the Obligations hereunder, the Gold Hill Loan Agreement Obligations and the SVB Loan Agreement Obligations.
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Aggregate Obligations means, collectively, the Obligations (as defined in this Agreement) and the Obligations (as such term is defined in the Base Obligation SDA). LEGAL_CAL! 1257721.13
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Related to Aggregate Obligations

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Subordinate Obligations means, collectively, the Subordinate Notes and any Other Subordinate Obligations.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.

  • Liquidity Obligations means all principal, interest, fees and other amounts owing to the Liquidity Providers under the Liquidity Facilities, Section 8.1 of the Participation Agreements or the Fee Letters.

  • Term Obligations shall have the meaning assigned that term in the Intercreditor Agreement.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Discharge of Credit Agreement Obligations means, with respect to any Shared Collateral, the Discharge of the Credit Agreement Obligations with respect to such Shared Collateral; provided that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing of such Credit Agreement Obligations with an Additional Senior Debt Facility secured by such Shared Collateral under one or more Additional Senior Debt Documents which has been designated in writing by the Administrative Agent (under the Credit Agreement so Refinanced) to the Designated Senior Representative as the “Credit Agreement” for purposes of this Agreement.

  • Fixed Rate Obligation Any Collateral Obligation that bears a fixed rate of interest.

  • Net Obligation means the amount owed to PJMSettlement and PJM for purchases from the PJM Markets, Transmission Service, (under Tariff, Parts II and III , and other services pursuant to the Agreements, after applying a deduction for amounts owed to a Participant by PJMSettlement as it pertains to monthly market activity and services. Should other markets be formed such that Participants may incur future Obligations in those markets, then the aggregate amount of those Obligations will also be added to the Net Obligation.

  • Hedge Obligations means any and all obligations or liabilities, whether absolute or contingent, due or to become due, now existing or hereafter arising, of each Loan Party and its Subsidiaries arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the Hedge Providers.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Earn Out Obligations means, with respect to an Acquisition, all obligations of the Borrower or any Subsidiary to make earn out or other contingency payments (including purchase price adjustments, non-competition and consulting agreements, or other indemnity obligations) pursuant to the documentation relating to such Acquisition. The amount of any Earn Out Obligations at the time of determination shall be the aggregate amount, if any, of such Earn Out Obligations that are required at such time under GAAP to be recognized as liabilities on the consolidated balance sheet of the Borrower.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Swing Line Obligations means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding.

  • Floating Rate Obligation Any Collateral Obligation that bears a floating rate of interest.

  • Credit Agreement Obligations means the “Obligations” as defined in the Credit Agreement.

  • Swap Agreement Obligations means any and all obligations of the Loan Parties and their Subsidiaries, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor), under (a) any Swap Agreement permitted hereunder with a Lender or an Affiliate of a Lender, and (b) any cancellations, buy backs, reversals, terminations or assignments of any Swap Agreement transaction permitted hereunder with a Lender or an Affiliate of a Lender.

  • Domestic Obligations means all Obligations other than Canadian Liabilities.

  • Parity Obligations means (i) all obligations of the Issuer in respect of Tier 1 Instruments (excluding any such obligations that rank, or are expressed to rank, junior to claims in respect of the Notes), and (ii) any other securities or obligations (including, without limitation, any guarantee, credit support agreement or similar undertaking) of the Issuer that rank, or are expressed to rank, pari passu with claims in respect of the Notes and/or any Parity Obligation.

  • Canadian Obligations means the Obligations owing by the Canadian Borrower.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.