Intragroup Debt definition

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);
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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.
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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).
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Examples of Intragroup Debt in a sentence

  • Created and shared with fellow AAs "How to do service during the Covid 19 pandemic".

  • 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 address, including street and number, if any, of the corporation's initial registered office in this state is 1201 Walnut, Kansas City, Jackson County, Missouri 64106, but it shall have power to transact business anywhere in Missouri, and also in several states of the United States if and when so desired under the respective laws thereof regarding foreign corporations.

  • For purposes of the pro forma financial information the Net Debt Adjustment as per the stock purchase agreement has been calculated based on December 31, 2014 balances, except for Intragroup Debt, amounting to approximately 1,110 million euros which has been translated into reais at the exchange rate of R$3.5131/EUR1.00 at March 25, 2015.

  • Code § 7-2.08; Long Beach, Cal.inspection laws in fifteen additional states.6 Upholding the decision below might result in the invalidation of all of these laws.On top of that, it would call into question numerous similar record-keeping and inspection laws for other businesses.

  • The EC has analyzed the situation in Japan concerning film and paper on the assumption that certain Japanese Government actions are measures havingde facto a binding effect.

  • Transfer of Intra-group Debt It is common for financiers to have intra-group debts.

  • Base Erosion by Intra-group Debt and BEPS Project Action 4’s Best Practice Approach — A Case Study of Chevron.

  • 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 any debt outstanding from a Group Company to another Group Company including Material Intragroup Loans.
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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:
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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.
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Intragroup Debt means any Material Intragroup Loan and any Non-Material Intragroup Loan.
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Intragroup Debt means any Parent Loan and any Intragroup Loan.
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Related to Intragroup Debt

  • Intercompany Indebtedness means Indebtedness of Company or any of their respective Subsidiaries which is owing to any member of such group.

  • Material Debt means Debt (other than the Notes) of the Company and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, in an aggregate principal amount exceeding $100,000,000.

  • Senior Funded Debt means all Funded Debt (except Funded Debt, the payment of which is subordinated to the payment of the Notes).

  • Funded Debt means all Indebtedness of the Parent Borrower and its Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Administrative Agent or any Lender pursuant to any Loan Document other than any Note.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Securitization Indebtedness means any Indebtedness under any Securitization Transaction that does not permit or provide recourse for principal or interest (other than Standard Securitization Undertakings) to the Borrower or any Restricted Subsidiary of the Borrower (other than a Securitization Entity) or any property or asset of the Borrower or any Restricted Subsidiary of the Borrower (other than the property or assets of a Securitization Entity or any Equity Interests or securities issued by a Securitization Entity).

  • Synthetic Debt means, with respect to any Person as of any date of determination thereof, all obligations of such Person in respect of transactions entered into by such Person that are intended to function primarily as a borrowing of funds (including any minority interest transactions that function primarily as a borrowing) but are not otherwise included in the definition of “Indebtedness” or as a liability on the consolidated balance sheet of such Person and its Subsidiaries in accordance with GAAP.

  • Permitted Acquisition Indebtedness means Indebtedness or Disqualified Stock of the Company or any of its Restricted Subsidiaries to the extent such Indebtedness or Disqualified Stock was Indebtedness or Disqualified Stock of any other Person existing at the time (a) such Person became a Restricted Subsidiary of the Company or (b) such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, provided that on the date such Person became a Restricted Subsidiary or the date such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, as applicable, either

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Company Indebtedness means all Indebtedness of the Acquired Company and the Acquired Subsidiaries, including (with respect to calculations at or as of the Closing Date) the amount of any prepayment penalty or premium for redemption or repayment thereof on the Closing Date, all calculated in accordance with the Accounting Principles.

  • Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.