Inter-Corporate Debt definition

Inter-Corporate Debt means all Financial Indebtedness owed by any Obligor to another Obligor together with any additional Inter-Corporate Debt as may be incurred from time to time provided that in all cases such Financial Indebtedness has been subordinated and postponed in favour of the Noteholder and has been assigned to the Noteholder as Security in accordance with this Promissory Note;
Sample 1
Inter-Corporate Debt at any time means all indebtedness owing by Westel to BCR or any Affiliate of BCR or to any other Person with whom BCR does not deal at arm's length (within the meaning of the Income Tax Act (Canada)) at that time, other than trade payables arising in the ordinary course of business;
Sample 1
Inter-Corporate Debt means all Financial Indebtedness owed by any Obligor to another Obligor together with any additional Inter-Corporate Debt as may be incurred from time to time provided that in all cases such Financial Indebtedness has been subordinated and postponed in favour of the Indemnified Party and has been assigned to the Indemnified Party as Security in accordance with this Agreement;
Sample 1

Examples of Inter-Corporate Debt in a sentence

  • Other than the Inter-Corporate Debt, none of Primero Compania Minera, S.A.de C.V., Primero Servicios Mineros, S.A. de C.V., 0885924 B.C. Ltd., nor Primero Mining Luxembourg Sàrl have, nor will at any time acquire, assets, in the aggregate, having a market value in excess of $50,000.

  • There is no Inter-Corporate Debt except as set out in Schedule “C”.

  • Other than the Inter-Corporate Debt, none of Primero Compania Minera, S.A. de C.V., Primero Servicios Mineros, S.A. de C.V., 0885924 B.C. Ltd., nor Primero Mining Luxembourg Sàrl have, nor will at any time acquire, assets, in the aggregate, having a market value in excess of $50,000.

  • There is no Inter-Corporate Debt except as set out in Schedule "C".

Related to Inter-Corporate Debt

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  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Corporate Documents means the Company’s Certificate of Incorporation, as amended and/or its Bylaws, as amended.

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