Interim Liabilities definition

Interim Liabilities means all liabilities owed by the Obligors to the Interim Finance Parties in respect of the Interim Facility.
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Interim Liabilities means all present and future sums, liabilities and obligations (whether actual or contingent, present and/or future) payable or owing by the Company to the Interim Finance Parties in respect of Interim Facility B; Interim Loan means a loan made or to be made under Interim Facility B or the principal amount outstanding for the time being of that loan; Interim Secured Parties means each Interim Finance Party and each Receiver and Delegate;
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Interim Liabilities has the meaning given to such term in the Interim Facilities Agreement.
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Examples of Interim Liabilities in a sentence

  • Without affecting, and in addition to, the grant of security interests and other rights hereunder, the Chargor hereby agrees that the Interim Security Agent shall, for so long as any amount remains outstanding under or in respect of the Interim Liabilities, have a lien over the Securities.

  • Monies received, recovered or realised by the Interim Security Agent under this agreement may, at the discretion of the Interim Security Agent, be credited to a separate or suspense account for so long as the Interim Security Agent may think fit without any intermediate obligation on the part of the Interim Security Agent to apply the same in or towards payment and discharge of the Interim Liabilities.

  • All monies received or held by the Interim Security Agent subject to this agreement may at any time, before as well as after the occurrence of an Event of Default, be converted into such other currency as the Interim Security Agent considers necessary or desirable to satisfy the Interim Liabilities in that other currency at the prevailing rate of exchange on the date and in the market determined by the Interim Security Agent, acting reasonably, as being most appropriate for the conversion.


More Definitions of Interim Liabilities

Interim Liabilities means the liabilities of Interim after the Split-Off Date, if any, as determined under the Separation Agreement by and among the Parties.
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Interim Liabilities has the meaning set forth in Section 4.3(f).
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Related to Interim Liabilities

  • Excluded Liabilities has the meaning set forth in Section 2.4.

  • Liabilities means any and all debts, liabilities and obligations, whether accrued or fixed, absolute or contingent, matured or unmatured or determined or determinable, including, without limitation, those arising under any Law, Action or Governmental Order and those arising under any contract, agreement, arrangement, commitment or undertaking.

  • Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.

  • Unfunded Liabilities means, with respect to any Plan at any time, the amount (if any) by which (i) the value of all benefit liabilities under such Plan, determined on a plan termination basis using the assumptions prescribed by the PBGC for purposes of Section 4044 of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such liabilities under Title IV of ERISA (excluding any accrued but unpaid contributions), all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or any other Person under Title IV of ERISA.

  • Environmental Liabilities means all liabilities, monetary obligations, losses, damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action.