Debts definition

Debts means all amounts owing by the Customer to the Company on any account whatsoever;

Debts means all liabilities and claims of a monetary nature that any party may possess against you such as a bank loan, credit card debt, tax debts including contingent debts. The term "debts", in our agreement forms, encompasses "contingent" claims for which fault or a value have not, as yet, been determined.

Debts means any outstanding obligation of the Accountholder to HSBC arising from such credit facilities that HSBC may provide to the Accountholder.

Examples of Debts in a sentence

• In the event that the customer does not pay the amounts owed within credit terms NH may charge a statutory late payment fee under the Late Payment of Commercial Debts (Interest) Act 1998 in addition to charging interest at 2% above the interest rate in force at the time with Barclays Bank Plc or an equivalent banker of its choosing.

• Debts and liabilities of the Partnership The Limited Partners shall have no personal obligation for the debts or liabilities of the Partnership, except as provided in this Agreement and in the Act.

• The Owner reserves the right to charge the Hirer for the late payment of any outstanding invoices under the Late Payment of Commercial Debts (Interest) Act 1998, or any subsequent legislation.

• PMLL reserves the right to charge interest on any late payment in accordance with the Late Payment of Commercial Debts (Interest) Act 1998.

• We understand and will exercise our statutory right to claim interest and compensation for debt recovery costs under the late payment legislation [Late Payment of Commercial Debts (Interest) Act 1998] if we are not paid according to agreed credit terms.

More Definitions of Debts

Debts includes any and all liabilities, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent, and whether or not such liabilities are required under GAAP to be shown on the Facility Lessee's balance sheet. The execution and delivery of the Operative Documents to which the Facility Lessee is a party will not leave it with property remaining in its hands which would constitute unreasonably small assets or capital, and the Facility Lessee has and, after giving effect to such transactions will have, an adequate amount of assets and capital to engage in its business now and in the future, based on the actual and anticipated needs for capital of the businesses anticipated to be conducted by the Facility Lessee, and based upon the other information described herein. After giving effect to the transactions contemplated under the Operative Documents, the Facility Lessee will be able to pay all of its debts and liabilities, including unrecorded contingent liabilities, as they mature, the Facility Lessee will have positive cash flow after paying all of its scheduled and anticipated debt as it matures, and the Facility Lessee will realize sufficient monies from current assets in the ordinary and usual course of business to pay recurring current debt, short-term debt and long-term debt as such debts mature.

Debts means the same as defined in section 633.3. 2012 Acts, ch 1123, §24, 32

Debts means any present, future, or contingent indebtedness, or obligation on the part of a Borrower to make payment under a contract and any interest, applicable taxes, and all duties and charges;

Debts includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent, disputed or undisputed or secured or unsecured.

Debts means all liabilities, obligations, commitments and indebtedness of any and every kind and nature (including all obligations to trade creditors), whether heretofore or now owing, arising, due, or payable by the Borrower to any person and howsoever evidenced, created, incurred, acquired, or owing, whether primary, secondary, direct, contingent, fixed, or otherwise (the foregoing to include, without limitation, all monetary obligations arising under the Credit Agreement).

Debts all liabilities, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent.

Debts means financial debts of the Client incurred in connection with execution of an Order to procure Instruments or other actions by the Bank pursuant to the Contract. In the case of an Order to purchase Securities, the amount of the Debts shall correspond to the sum of the purchase price of the Securities whose purchase is to be procured, determined according to the Price Limit, expected Costs and the Fee. In the case of an Order to procure the purchase of Gold, the amount of the Debts shall correspond to the sum of the purchase price of the Gold whose purchase is to be procured, determined according to the Price Limit and the Fee.