Intragroup Debt definition

Intragroup Debt means any debt outstanding from a Group Company to another Group Company including Material Intragroup Loans.

Intragroup Debt means any debt outstanding from a Group Company to another Group Company.

Intragroup Debt means all present and future moneys, debts and liabilities due, owing or incurred by any member of the Group to any other member of the Group (in each case, whether alone or jointly, or jointly and severally, with any other person, whether actually or contingently and whether as principal, surety or otherwise);

Examples of Intragroup Debt in a sentence

• Method Two: Apportionment Based on Each Member's Net Business Interest Expense (Determined Taking into Account Interest on Intragroup Debt) A second possible method would be to apportion the disallowance and carryforward of business interest expense based on each member's net business interest expense (i.e., the excess, if any, for each member of its business interest expense over its business interest income) for the year in which the Section 163(j) carryforward is generated.

• The Consolidated Closing Net Working Capital of tele.ring GmbH and tele.ring KEG is equal to or in excess of _ 0 (in words: EURO zero) (The Consolidated Closing Net Working Capital, collectively with Intra-group Debt and Drawn Third Party Loans, is the "Indebtedness").

• Notwithstanding the provisions set forth above, by entering into this Agreement, the Buyer shall assume payment obligations with respect to the Intragroup Debt and the Secured Financial Debt exclusively vis-a-vis the Sellers and not vis-a-vis the Secured Creditors and the creditor companies on the Intragroup Debt.

• The following formula is used to determine the non-taxable portion of your distributions for a taxable year: Remaining Non-Deductible Contributions X Total Distributions = Nontaxable Distributions ---------------------------- Year-End Total IRA Balances (for the year) (for the year) To figure the year-end total IRA balance, you treat all of your IRAs as a single IRA.

• After this Security has become enforceable, the Security Agent may exercise, without any further consent or authority on the part of the Chargor and irrespective of any direction given by the Chargor, any of the Chargor’s rights under any Intragroup Loan Agreement or in respect of the Intragroup Debt.

More Definitions of Intragroup Debt

Intragroup Debt means (i) that certain Demand Promissory Note, dated July, 3, 2018 from Occupeye Limited in favor of Seller for the principal amount of £2,248,836.94, including any interest payable thereon (ii) that certain Demand Promissory Note, dated August 31, 2019, from Occupeye Limited in favor of Seller for the principal amount of £1,015,461.00, including any interest payable thereon; and (iii) that certain Demand Promissory Note, from Asure Software UK Limited in favor of Seller for the principal amount of £454,657.00, including any interest payable thereon.

Intragroup Debt means any loan made or credit granted by any Obligor to any Group Company or any loan made or credit granted to an Obligor from any Group Company (other than loans that are subject to Transaction Security).

Intragroup Debt means any Material Intragroup Loan and any Non-Material Intragroup Loan.

Intragroup Debt means all present and future Financial Indebtedness owed by a member of the Group to the Chargor, including, without limitation, any Financial Indebtedness evidenced by an Intragroup Loan Agreement. Ingratroup Loan Agreement means any agreement, instrument or document to which the Chargor is a party in connection with any Intragroup Debt owed to the Chargor, whether or not such agreement is in writing. Investments means:

Intragroup Debt means any Parent Loan and any Intragroup Loan.

Intragroup Debt means any debt outstanding from a Group Company to another Group Company including Material Intragroup Loans. “Major Undertakings” means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on financial indebtedness, disposals, mergers, acquisitions, distributions, loans out or guarantees under the Super Senior WCF. “New Debt” means Financial Indebtedness incurred pursuant to paragraph (f) of the definition of “Permitted Financial Indebtedness” provided that the creditors (or a representative or agent representing such creditors) under such debt has acceded to the Intercreditor Agreement. “New Debt Creditors” means each creditor under and as defined in the relevant New Debt Documents (or a representative or agent representing such creditors). “New Debt Documents” means each document or instrument entered into after the date hereof between any Group Company and a New Debt Creditor setting out the terms of any credit which creates or evidences New Debt. “Representatives” means the Super Senior Representative and the Senior Representative. “Secured Obligations” means all present and future actual and contingent obligations and liabilities at any time due, owing or incurred by any Group Company to any Secured Party under the Senior Finance Documents, both actual and contingent. “Secured Parties” means the creditors under the Senior Finance Documents but only if such creditor (or, in the case of a bondholder, its Representative) is a party to or has acceded to the Intercreditor Agreement in the appropriate capacity pursuant to the terms of the Intercreditor Agreement, and their respective agents. “Security Agent” means Nordic Trustee & Agency AB (publ), reg. no. 556882-1879 as security agent for the Secured Parties. “Senior Creditor” means the bondholders, the Agent and any New Debt Creditor. “Senior Debt” means all indebtedness outstanding to the Senior Creditors under the Finance Documents and any New Debt. “Senior Finance Documents” means the Finance Documents, the New Debt Documents and the Super Senior Documents. “Senior Representative” means, at any time, the representative of, the Senior Creditors. “Super Senior Creditors” means each Super Senior WCF Creditor. “Super Senior Debt” means all indebtedness outstanding to the Super Senior WCF Creditors (or any of their Affiliates) under the Super Senior Documents. “Super Senior Documents” means the Super Senior WCF, the Intercreditor Agreement, the Guaran...

Intragroup Debt means the net aggregate amount of debt owed by the Companies and Subsidiaries, on the Closing Date, to the Cirio Group in the final amount, including principal and accrued interest, if applicable, which CDMNV shall communicate to the Buyer by the Closing Date. The Intragroup Debt shall be determined by CDMNV, after consulting the Buyer, setting off, to the extent of each debt, the book value of the receivables held by each Company and each Subsidiary against the Cirio Group, with the understanding that set-off shall not be made wherever it is forbidden by laws governing matters in extraordinary administration or other bankruptcy proceedings and with the exception of the provisions of Art. 5.2 (b) hereunder. The table in Appendix 9 contains a description of the creditor and debtor relations, as of April 30, 2004, among the Companies and Subsidiaries and the Cirio Group, indicating the book value of the receivables on said date. The Intragroup Debt amounted to 178 million euro (not including any set-offs) on said same date.