BA Liability definition

BA Liability means, as at any time, the aggregate of the face amount of the BAs accepted by the Lender and still outstanding;
BA Liability means, as at any time, the aggregate of the face amount of the BAs accepted by the Lender and still outstanding; “Borrower” refers to AAR Canadian Holdings ULC, and includes any successor thereto;
BA Liability with respect to any Lender, means, as at any time, the aggregate of the face amount of the BAs accepted by such Lender under the applicable Facility and still outstanding after deducting therefrom any amount held under Section 9.4 in connection with such BAs, and “BA Liabilities” refers collectively to the BA Liabilities of all Lenders;

Examples of BA Liability in a sentence

  • Customer will issue Flextronics a purchase order for the BA Dead Inventory within fourteen (14) calendar days following receipt of the BA Liability Report.

  • The terms of the Substitute Basis for the BA Liability or Libor Loan of such Affected Lender or any part thereof, as the case may be, if they are accepted by the Borrowers, shall be effective from any such acceptance and the provisions of this Agreement respecting such BA Liability or Libor Loan as the case may be, ipso facto, shall be amended to accord with the terms of the Substitute Basis for such Affected Lender.

  • By the end of each calendar quarter, Flextronics shall provide to Customer, along with the BA Liability Report, a report listing for the end of such quarter, all inventories for which the Inventory Turnover Ratio is lower than five (the “ITO Report”).

  • The following wording shall be added following Section 3.2 of the MSA Agreement as new Section 3.2A, under the title "BA Liability": "By the end of each calendar quarter, Flextronics shall provide to Customer a BA liability report listing for the end of such quarter: (i) all BA Dead Inventory (as defined below); and (ii) all BA Excess Inventory (as defined below) (the "BA Liability Report").

  • Payment of the foregoing amounts for BA Excess Inventory shall be made by Customer within fourteen (14) calendar days following receipt of the BA Liability Report, by wire transfer to Flextronics’s bank account, the details of which shall be provided by Flextronics.

  • The Honeywell BA Liability Cap may be reduced below Six Million Dollars ($6,000,000), pursuant to this Section 3.3(a), in the event that GenTek Holding does not comply with its undertakings pursuant to Section 13.1 of this Agreement.

  • Where the Borrower fails to make such payment, the Borrower shall be deemed to have requested that portion of the BA Liability corresponding to the BAs then maturing to be converted on such Selected Maturity Date into a Prime Rate Loan.

  • The Administrative Agent shall record therein the amount of each Prime Rate Loan, US Base Rate Loan, Daily Compounded ▇▇▇▇▇ Loan, Term ▇▇▇▇▇ Loan, Term SOFR Rate Loan, Revolving BA Liability and LC Liability, and shall enter therein each payment of principal and interest on the said Revolving Loans and all other amounts paid by the Borrower and becoming due under this Agreement.

  • In the event that Honeywell does not prevail in contesting such claim, the Honeywell BA Liability Cap shall be reduced by the lesser of: (i) one-half of such unreimbursed past response costs paid by Honeywell; and (ii) the amount of the Honeywell BA Liability Cap remaining unpaid by Honeywell.

  • In the event that Honeywell pays any such unreimbursed past response costs associated with the Front Royal Facility and at such time Honeywell shall have paid the full amount of the Honeywell BA Liability Cap, General Chemical shall have no obligation to refund or reimburse any amounts in respect of such unreimbursed past response costs to Honeywell.


More Definitions of BA Liability

BA Liability with respect to any Cdn Lender, means, as at any time, the aggregate of the face amount of the BAs accepted by such Cdn Lender under the Cdn Revolving Facility and still outstanding after deducting therefrom any amount held under Section 9.4 in connection with such BAs, and “BA Liabilities” refers collectively to the BA Liabilities of all Cdn Lenders;

Related to BA Liability

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Product Liabilities means any Liability arising out of, relating to or resulting from actual or alleged harm, injury, damage or death to persons in connection with the use of any product (including in any clinical trial or study);

  • Product Liability Claim means a Claim of a Third Party (other than a Claim arising out of use of the Product in a clinical trial) that (i) arises as a result of the use of the Product during the Term that results in personal injury or death or (ii) is in anticipation of or intended to prevent or forestall personal injury or death as a result of the use of the Product during the Term.

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • UK Bail-in Liability means a liability in respect of which the UK Bail-in Powers may be exercised.