Motorola Obligations definition

Motorola Obligations means the obligations as such term is defined in the Motorola Parent Security Agreement and all other indebtedness, fees, interest, expenses and other obligations from time to time owing by one or more of the Borrowers to Motorola under the Motorola Distributor Documents or any other transaction documents described therein.
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Motorola Obligations means (a) the Company's financial obligations in respect of any and all claims and rights by Motorola against the Company arising as a result of Motorola's performance of its obligations under any guarantee issued by Motorola in respect of Indebtedness of the Company (including, without limitation, (i) the Guarantee Agreement executed and delivered by Motorola in connection with the Motorola Guaranteed Credit Agreement, (ii) the Motorola Guarantee and (iii) any other guarantee issued by Motorola in respect of any Indebtedness permitted under Section 7.01(c) or (d)), whether by subrogation, contribution, reimbursement or otherwise, and including, without limitation, any and all monetary obligations owing by the Company in respect of any of the foregoing under the MOU Agreements (but excluding, for avoidance of doubt, the obligations under the Agreement Regarding Guarantee relating to compensation in the form of equity interests of Iridium LLC or IWCL or warrants therefor), and (b) any and all obligations owing by the Company to Motorola in respect of any Motorola Vendor Financing.
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Motorola Obligations means the Brightstar Obligations (as such term is defined in the Motorola Payment Terms Agreement) and all other indebtedness, fees, interest, expenses and other obligations from time to time owing by one or more of the Brightstar Parties (as such term is defined in the Motorola Payment Terms Agreement) to Motorola under the Motorola Distributor Documents or any of the other Brightstar Documents (as such term is defined in the Motorola Payment Terms Agreement).
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Examples of Motorola Obligations in a sentence

  • The motor used shall have Class F insulation, IP 54 and shall be designed for 110% of rated load.

  • Subject to the conditions specified in this Agreement, ----------- Motorola will forbear from taking action to collect the Motorola Obligations and to foreclose under the Security Agreement until the Payment Deadline or such earlier date as may result from the occurrence of an Event of Default under paragraph 11 below.


More Definitions of Motorola Obligations

Motorola Obligations means any and all Secured Obligations as such term is defined in the Motorola Pledge Agreement.
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Motorola Obligations means the Obligations (as such term is defined in the Motorola Parent Security Agreement) and all other indebtedness, fees, interest, expenses and other obligations from time to time owing by one or more of the Covered Parties (as such term is defined in the Motorola Parent Security Agreement) to Motorola under the Motorola Distributor Documents or any of the other Transaction Documents (as such term is defined in the Motorola Parent Security Agreement).
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Motorola Obligations means the Brightstar Obligations (as such term is defined in the Motorola Payment Terms Agreement) and all other indebtedness, fees, interest, expenses and other obligations from time to time owing by one or more of the Brightstar Parties (as such term is defined in the Motorola Payment Terms Agreement) to Motorola under the Motorola Distributor Documents or any of the other Brightstar Documents (as such term is defined in the Motorola Payment Terms Agreement). “Motorola Parent Security Agreement” means collectively, (i) the Motorola Payment Terms Agreement , and (ii) that certain Amended and Restated Stock Pledge and Security Agreement dated as of April 23, 2004, by the Corporation in favor of Motorola, as amended, supplemented or restated from time to time. “Motorola Payment Terms Agreement” means that certain Second Amended and Restated Payment Terms Agreement dated as of July 7, 2008, by and among Motorola, the Corporation and the other persons and entities whose names appear on the signature pages thereto, as amended, supplemented or restated from time to time. “Motorola Security Agreement” means, collectively, the Motorola Parent Security Agreement, the Motorola Foreign Subsidiary Security Agreement, the Motorola US Security Agreement, and all other documents pursuant to which any of the Motorola Liens are created, as any of the foregoing may be amended, supplemented or restated from time to time. “Motorola US Security Agreement” means that certain Amended and Restated Security Agreement dated as of April 23, 2004, by Brightstar US, Inc., in favor of Motorola, as amended, supplemented or restated from time to time. “Xx. Xxxxxx” means Xxxx Xxxxxxx Xxxxxx. “Multiemployer Plan” means any Employee Benefit Plan that is a “multiemployer plan” as defined in Section 3(37) of ERISA. Brightstar Corp. Fourth Amended and Restated Stockholders’ Agreement
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Related to Motorola Obligations

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • U.S. Obligations means securities evidencing an obligation to timely pay principal and/or interest in a full and timely manner that are (i) direct obligations of the United States of America for the payment of which its full faith and credit is pledged, and (ii) not subject to prepayment, call or early redemption.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Bank Products Obligations of any Person means the obligations of such Person pursuant to any Bank Products Agreement.

  • Escrow Obligations means (a) Government Obligations, (b) certificates of deposit issued by a bank or trust company which are (1) fully insured by the Federal Deposit Insurance Corporation or similar corporation chartered by the United States or (2) secured by a pledge of any Government Obligations having an aggregate market value, exclusive of accrued interest, equal at least to the principal amount of the certificates so secured, which security is held in a custody account by a custodian satisfactory to the Registrar or the Registrar, as the case may be, or (c)(1) evidences of a direct ownership in future interest or principal on Government Obligations, which Government Obligations are held in a custody account by a custodian satisfactory to the Registrar pursuant to the terms of a custody agreement in form and substance acceptable to the Registrar and (2) obligations issued by any state of the United States or any political subdivision, public instrumentality or public authority of any state, which obligations are fully secured by and payable solely from Government Obligations, which Government Obligations are held pursuant to an agreement in form and substance acceptable to the Registrar and, in any such case, maturing as to principal and interest in such amounts and at such times as will insure the availability of sufficient money to make the payment secured thereby.

  • Program Obligations means (1) all applicable statutes and any regulations issued by the Secretary pursuant thereto that apply to the Project, including all amendments to such statutes and regulations, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and (2) all current requirements in HUD handbooks and guides, notices, and mortgagee letters that apply to the Project, and all future updates, changes and amendments thereto, as they become effective, except that changes subject to notice and comment rulemaking shall become effective only upon completion of the rulemaking process, and provided that such future updates, changes and amendments shall be applicable to the Project only to the extent that they interpret, clarify and implement terms in this Agreement rather than add or delete provisions from such document. Handbooks, guides, notices, and mortgagee letters are available on HUD's official website: (xxxx://xxx.xxx.xxx/offices/adm/hudclips/index.cfm or a successor location to that site)).

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Safety Obligations means all applicable obligations concerning health and safety (including any duty of care arising at common law, and any obligation arising under statute, statutory instrument or mandatory code of practice) in Great Britain;

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Company Obligations means all Obligations of the Company.

  • Term Obligations shall include all interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) after commencement of an Insolvency or Liquidation Proceeding in accordance with the rate specified in the relevant Term Document whether or not the claim for such interest is allowed as a claim in such Insolvency or Liquidation Proceeding.

  • Privacy Obligations means (a) applicable privacy, information security and data protection Laws, (b) applicable self-regulatory standards and (c) published policies or notices of the Company and the Company Subsidiaries, in each case, to the extent related to privacy, information security, data protection or the Processing of Personal Information.

  • Excluded Obligations has the meaning set forth in Section 2.5.

  • Seller Obligations means all present and future indebtedness, reimbursement obligations, and other liabilities and obligations (howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, or due or to become due) of the Seller to any Purchaser Party, Seller Indemnified Party and/or any Affected Person, arising under or in connection with this Agreement or any other Transaction Document or the transactions contemplated hereby or thereby, and shall include, without limitation, all obligations of the Seller in respect of the Seller Guaranty and the payment of all Capital, Yield, Fees and other amounts due or to become due under the Transaction Documents (whether in respect of fees, costs, expenses, indemnifications or otherwise), including, without limitation, interest, fees and other obligations that accrue after the commencement of any Insolvency Proceeding with respect to the Seller (in each case whether or not allowed as a claim in such proceeding).

  • Earn Out Obligations means, with respect to an Acquisition, all obligations of the Borrower or any Subsidiary to make earn out or other contingency payments (including purchase price adjustments, non-competition and consulting agreements, or other indemnity obligations) pursuant to the documentation relating to such Acquisition. The amount of any Earn Out Obligations at the time of determination shall be the aggregate amount, if any, of such Earn Out Obligations that are required at such time under GAAP to be recognized as liabilities on the consolidated balance sheet of the Borrower.

  • Credit Facility Obligations means all “Obligations” (or any other defined term having a similar purpose) as defined in the Credit Agreement.

  • L/C Obligation means, as at any date of determination, the aggregate maximum amount then available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts in respect of Letters of Credit, including all L/C Borrowings.

  • Liquidity Obligations “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Financial Instrument Obligations means obligations arising under:

  • Retained Obligations shall have the meaning set forth in Section 2.6.

  • Current Pay Obligation means a Collateral Debt Obligation that would otherwise be a Defaulted Obligation, but as to which:

  • Sukuk Obligation means any undertaking or other obligation to pay any money given in connection with the issue of trust certificates or other instruments intended to be issued in compliance with the principles of Shari'ah, whether or not in return for consideration of any kind.

  • Canadian Obligations means all Obligations of the Canadian Loan Parties.

  • Permitted Swap Obligations means all obligations (contingent or otherwise) of Holdings or any Restricted Subsidiary existing or arising under Swap Contracts, provided that such obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with liabilities, commitments or assets held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person in conjunction with a securities repurchase program not otherwise prohibited hereunder, and not for purposes of speculation or taking a “market view”.

  • Notes Obligations means Obligations in respect of the Notes, this Indenture and the Guarantees.