Interest Obligations definition

Interest Obligations. With respect to any period and any Loan, for the Obligor thereon and, to the extent included in the corresponding calculation of EBITDA, any of its parents or Subsidiaries that are obligated pursuant to the Underlying Instruments for such Loan (determined on a consolidated basis without duplication in accordance with GAAP), the meaning of “Interest Obligations” or any comparable definition in the Underlying Instruments for each such Loan, and in any case that “Interest Obligations” or such comparable definition is not defined in such Underlying Instruments, all cash interest in respect of Indebtedness (including the interest component of any payments in respect of Capital Lease Obligations) accrued during such period (whether or not actually paid during such period).

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Interest Obligations shall have the meaning set forth in the Holdings LLC Agreement.

Interest Obligations means the scheduled interest payment obligations required under the Bonds and the Bond Indenture (other than the interest component of any Maturity Obligations).

Examples of Interest Obligations in a sentence

• The Senior Agent (and, in the event that the Senior Agent shall fail to file a proof of claim relating to the Interest Obligations within five days of the date required to be filed, the Senior Indenture Trustee) may in the name of the Noteholders or otherwise file, prove and vote in any such proceedings with respect to any and all claims of the Noteholders relating to the Interest Obligations.

• Provided no Event of Default has occurred under the Note, the Pledge Agreement, this Agreement and the other Loan Documents, Lender shall release to itself sufficient funds from the Interest Reserve Account to cover the Interest Obligations as and when the same become due and payable under the terms of the Note.

• Except for Policy Provider Interest Obligations, no interest shall accrue on any Policy Drawing or any other payment made by the Policy Provider.

• CEC further agrees that its guarantee hereunder constitutes a guarantee of payment when due and not of collection, and waives any right to require that any resort be had by the Administrative Agent or any other Secured Party to any security held for the payment of the Guaranteed Interest Obligations or to any balance of any deposit account or credit on the books of the Administrative Agent or any other Secured Party in favor of the Borrowers or any other person.

• Prior to the Fall Away Event and the Redemption, the Company was obligated to pay 100% of the total amount of the Interest Obligations and Maturity Obligations (as those are required to be paid under the Bond Indenture), together with all expense relating to the Bonds to the extent of the Company’s cash and cash equivalents, except for Permitted Working Capital.

More Definitions of Interest Obligations

Interest Obligations means the obligations of the Borrower to pay interest under the Notes; provided that (x) if the principal amount of the Notes is repaid by transfer of Purchaser Shares as provided under the terms of the Note Purchase Agreement, or (y) if the Company has completely foreclosed upon the Pledged Collateral under the Pledge Agreement or (z) an Event of Default has occurred, the Company has a right to foreclose on the Pledged Collateral, there is no stay in effect preventing such foreclosure, and the Company fails to take reasonable steps to effectuate a foreclosure with respect to all of the Pledged Collateral (any such event in clauses (x), (y) or (z), a "Cut-Off Event"), then, in each case, for purposes of this Agreement, from and after a Cut-Off Event, Interest Obligations shall no longer accrue with respect to the principal amount of the Notes (but interest may continue to accrue with respect to unpaid interest).

Interest Obligations means the interest accrued and owing under the terms of the Note. Provided no Event of Default has occurred under the Note, the Pledge Agreement, this Agreement and the other Loan Documents, Lender shall release to itself sufficient funds from the Interest Reserve Account to cover the Interest Obligations as and when the same become due and payable under the terms of the Note.

Interest Obligations. With respect to any period and any Loan, for the Obligor on such Loan and, to the extent included in the corresponding calculation of EBITDA, any parent that is obligated pursuant to the Underlying Instruments for such Loan (determined on a consolidated basis without duplication in accordance with GAAP), the meaning of "Interest Obligations" or any comparable definition in the Underlying Instruments for each such Loan, and in any case that "Interest Obligations" or such comparable definition is not defined in such Underlying Instruments, all cash interest in respect of Indebtedness (including the interest component of any payments in respect of Capital Lease Obligations) accrued during such period (whether or not actually paid during such period).

Interest Obligations means interest in respect of Indebtedness.

Interest Obligations means all obligations of the Company to make payment of interest accrued from time to time on the Notes in accordance with the terms of the Purchase Agreement.

Interest Obligations is defined in clause (a)(ii)(B) of Section 4.2.

Interest Obligations means, collectively, without duplication, any and all interest which at any time accrues (or is otherwise earned) under or otherwise with respect to any of the following: the ViSalus Blyth Revolving Credit Loans, the ViSalus Blyth Note, the ViSalus Founder Revolving Credit Loans or the ViSalus Founder Notes.