monetary obligation definition

monetary obligation means a monetary obligation secured by the

monetary obligation means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods. The term does not include (i) charters or other contracts involving the use or hire of a vessel or (ii) records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card. If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper.

monetary obligation means a monetary obligation secured by Goods or owed under a lease of Goods and includes a monetary obligation with respect to software used in Goods.

Examples of monetary obligation in a sentence

• The City and Owner agree that the Dedicated ROW, construction of Segment 1, the Segment 2 Monetary Obligation, and the South Street Monetary Obligation (collectively, “Traffic Mitigation”) shall satisfy all rough proportionality requirements under City Code for Owner’s traffic mitigation or new transportation improvements that are required to accommodate the additional traffic demands created by the Project as proposed herein and in the TIA under full buildout.

• Notwithstanding any other provision herein, in the event of any Event of Default as to an Accrued Monetary Obligation by a Condominium Sublessee, including, without limitation, the failure to pay the Monthly Maintenance Fee, Ground Rent, Supplemental Maintenance Fee or any item or reimbursement to Sublessor, the Sublessor and each Condominium Sublessee agree that it would be impracticable or extremely difficult to determine the actual damages arising therefrom.

• The Segment 2 Monetary Obligation shall be re-calculated at the time Segment 2 is constructed to accurately determine the roughly proportional obligation of Owner at ten percent (10%) of two lanes of Segment 2 as a multi-modal arterial; however, in no event shall the Segment 2 Monetary Obligation exceed $350,000.

• In the event of any Uncured Default as to an Accrued Monetary Obligation, which occurs at a time when the “Subleasehold Deed of Trust” (as defined in Section 16.3 below) remains as a valid lien against a Condominium Sublease, Sublessor may exercise all rights and remedies of Sublessor as Beneficiary under that Subleasehold Deed of Trust.

• Notwithstanding the forgoing, the Segment 2 Monetary Obligation shall not include any costs associated with a bridge over the Colorado River or any roadway or other infrastructure associated with such bridge, provided that that the project developed on the Property is substantially similar to that depicted on the Concept Plan.

More Definitions of monetary obligation

monetary obligation means a monetary obligation secured

monetary obligation means an obligation to pay money whether in debt or damages including damages for breach of any non-monetary obligation;

monetary obligation means a monetary obligation secured by the goods or

monetary obligation means an amount of U.S. dollars required to be spent and paid by, or otherwise owed by, the COPA Parties from time to time hereunder.

monetary obligation means a monetary obligation in connection with:

monetary obligation means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods and does not include (a) charters or other contracts involving the use or hire of a vessel or (b) Records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card; "Commitment" means any enforceable obligation, whether created orally or in writing, whether arising by contract, estoppel, or otherwise, whether conditional or unconditional on the part of Bank to extend credit to or for the account of any Person; "Debt" means, collectively, (a) all obligations of the Person or Persons in question, including, without limitation, every such obligation whether owing by one such Person alone or with one or more Persons in a joint, several, or joint and several capacity, whether now owing or hereafter arising, whether owing absolutely or contingently, whether created by loan, overdraft, guaranty of payment, or other contract, or by quasi-contract, tort, statute, other operation of law, or otherwise and (b) any and all obligations and liabilities of the Person or Persons in question to National City Bank, an Affiliate of Bank, whether absolute or contingent, whether now existing or hereafter created, arising evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor)

monetary obligation means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods. The term does not include (i) charters or other contracts involving the use or hire of a vessel or