Combined Obligations definition

Combined Obligations means the aggregate of the Obligations, the Canadian Revolving Obligations and the Canadian Term Obligations (without duplication of any Hedging Obligations).
Combined Obligations means the aggregate of the Obligations and the Canadian Obligations.
Combined Obligations means the aggregate of the Obligations and the U.S. Obligations (without duplication of any Hedging Obligations).

Examples of Combined Obligations in a sentence

  • If any amounts are held on deposit as cash collateral for any Combined Obligation in respect of Letters of Credit (as defined in either Combined Credit Agreement) and such Combined Obligation ceases to be contingent, any funds held as cash collateral up to the amount of such Combined Obligations which has become fixed shall be distributed pro rata to the holders of such Combined Obligation (or if such Letters of Credit are not fully cash collateralized, then a pro rata distribution shall be made).

  • If any Collateral or security shall be taken in respect of any of the Combined Obligations, the rights of the Creditors with regard to such Collateral or security shall be exercised through the Global Administrative Agent in accordance with this Agreement.


More Definitions of Combined Obligations

Combined Obligations means the aggregate of the Secured Indebtedness and the U.S. Secured Indebtedness.
Combined Obligations means the aggregate of the Secured Indebtedness and the Canadian Secured Indebtedness.
Combined Obligations means the aggregate of the Equivalent Amount of the Obligations (expressed in U.S. Dollars) and the U.S. Obligations.
Combined Obligations means, at any time, the aggregate of all U.S. Obligations and all Canadian Obligations, with amounts outstanding in Canadian Dollars being converted into the Dollar Equivalent thereof (calculated by the Global Administrative Agent as of such time pursuant to the U.S. Credit Agreement).
Combined Obligations means the sum of all of the Obligations hereunder and all of the "Obligations" under (and as defined in) the Enterprises 2003-A Credit Agreement.
Combined Obligations means, with respect to each Borrower, that Borrower's obligations both (a) to pay its Indebtedness and (b) to pay all other amounts payable under this Agreement and under the other Borrowers' Loan Documents.
Combined Obligations has the meaning specified in Section 2.11. --------------------