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 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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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

  • 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.

  • It is important to find out empirically how effective these mechanisms are in China’s context.

  • In the event the Company fails to pay amounts due the Collateral Agent under Paragraphs (c) and (d) hereof, the Secured Parties agree to reimburse the Collateral Agent for such amounts on a pro rata basis based on the amount of the M&E Obligations and the Motorola Obligations.


More Definitions of Motorola Obligations

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 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 any and all Secured Obligations as such term is defined in the Motorola Pledge Agreement.
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Related to Motorola Obligations

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

  • U.S. Obligations means non-redeemable securities evidencing an obligation to timely pay principal and/or interest in a full and timely manner that are direct obligations of the United States of America for the payment of which its full faith and credit is pledged.

  • 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.

  • 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 have the meaning assigned that term in the Intercreditor Agreement.

  • Privacy Obligations means all (a) Privacy Laws and (b) internal and external published policies and procedures, binding industry standards, and restrictions and requirements contained in any Contract to which the Company or any Company Subsidiary is bound, in each case under this clause (b), relating to privacy, data security, marketing or the receipt, collection, compilation, use, storage, sharing, safeguarding, security, disposal, destruction, disclosure, transfer, or other processing of Personally Identifiable Information.

  • Domestic Obligations means all Obligations owing by the Domestic Loan Parties (other than in respect of Guarantees of Foreign Obligations pursuant to Article IV).

  • 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. For purposes of determining the aggregate consideration paid for an Acquisition at the time of such Acquisition, the amount of any Earn Out Obligations shall be deemed to be the maximum amount of the earn-out payments in respect thereof as specified in the documents relating to such Acquisition. For purposes of determining the amount of any Earn Out Obligations to be included in the definition of Funded Indebtedness, the amount of Earn Out Obligations shall be deemed to be the aggregate liability in respect thereof, as determined in accordance with GAAP.

  • 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 means all principal, interest, fees and other amounts owing to the Liquidity Providers under the Liquidity Facilities, Section 8.1 of the Participation Agreements or the Fee Letters.

  • 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 Loan that would otherwise be a Defaulted Loan as to which (i) all scheduled interest and principal payments due (other than those due as a result of any bankruptcy, insolvency, receivership or other analogous proceeding) were paid in Cash and the Borrower or the Services Provider reasonably expects, and delivers to S&P (if S&P is then rating any Loans) a certificate of an Authorized Officer certifying that it reasonably expects, that the remaining scheduled interest and principal payments due will be paid in cash, (ii) the S&P Rating of such Collateral Loan is at least “CCC” and is not on a watch list for possible downgrade; (iii) the Market Value (which is not determined pursuant to clause (d) or subclause (iii) in the proviso of clause (c) of the definition thereof) of such Collateral Loan is at least 80% of par; and (iv) if the Obligor of such Collateral Loan is the subject of a bankruptcy, insolvency, receivership or other analogous proceeding, the bankruptcy court or other authorized official has authorized the payment of interest and/or principal and other amounts due and payable on such Collateral Loan and no such payments that are due and payable are unpaid; provided that to the extent that more than 10.0% of Total Capitalization would otherwise constitute Current Pay Obligations, one or more Collateral Loans (or portions thereof, as applicable) designated by the Borrower having a Maximum Principal Balance at least equal to such excess shall be deemed not to constitute Current Pay Obligations and shall instead constitute Defaulted Loans.

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

  • Canadian Obligations means the Obligations owing by the Canadian Borrower.

  • Cross-Collateralized Group Any group of Mortgage Loans that are cross-collateralized and cross-defaulted with each other; provided that a Mortgage Loan shall be part of a Cross-Collateralized Group only if and for so long as such Mortgage Loan is cross-collateralized and cross-defaulted with each other Mortgage Loan in such Cross-Collateralized Group. There are no Cross-Collateralized Groups included as assets of the Trust as of the Closing Date.

  • Permitted Swap Obligations means all obligations (contingent or otherwise) of any Borrower 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, the Guarantees and this Indenture.