Debtor Group definition
Examples of Debtor Group in a sentence
Otherwise, 0 days 95 % 45 days The Dell Account Debtor Group Dell, Inc.
Except as shown on the most recent consolidated balance sheet of the Debtor Group, no member of the Debtor Group has any liabilities except those incurred in the ordinary course of business since the date of such balance sheet, which additional liabilities do not have an adverse effect on the Collateral or on the business, operations, properties or other assets, results of operations or condition (financial or otherwise) of any member of the Debtor Group.
No Change of Control shall have occurred with respect to any member of the Debtor Group; and Debtor shall not have changed the jurisdiction (i.e., the State of New Jersey) in which it is incorporated.
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Guarantor agrees that each time in the Loan and Security Agreement it provides that Debtor shall cause Guarantor to (a) comply with a covenant in the Loan and Security Agreement or (b) take (or not take) a specified action (or language to the foregoing effect), then Guarantor shall (and shall cause each other member of the Debtor Group to) so comply with such covenant or take (or not take), as the case may be, such action – whether or not Debtor causes it to do so.