Original Obligation definition

Original Obligation has the meaning specified in the definition of “Contingent Residual Support Agreements”.
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Original Obligation means my previous agreement to pay you money (referred to above by Loan Number and original date), and any related agreements such as a security agreement.
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Original Obligation has the meaning set forth in Recital A, plus any additional loans or other obligations incurred by Borrower to Lender pursuant to the Original Loan Documents, and any additions thereto or modifications thereof.
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Examples of Original Obligation in a sentence

  • Make all collected data available to the State and, upon request, to CMS.

  • The City and Trustees have accounted for the expenditure of Original Obligation proceeds and Qualified Equity for the Project as described in Section 4.2. For purposes of the following covenants related to the use of the Financed Facility portion of the Project, any Non- Qualified Use shall be treated as first allocated entirely to the portion of the Project financed with Qualified Equity.

  • Borrower previously borrowed from Lender the principal amount of $ (the "Original Obligation") pursuant to a [NAME OF PREVIOUS LOAN AGREEMENT] dated , among (the "Original Loan Agreement").

  • See generally Annotation, Renewal Note as Discharging Original Obligation or Indebtedness, 52 A.L.R. 1416 (1928) (collecting cases).

  • For the purpose of Section 147(b) of the Code, the “average reasonably expected economic life” of the portion of the Financed Facility financed with proceeds of the Original Obligation was determined as follows: the average economic life of that portion of the Financed Facility as of the issue date of the Original Obligation was first multiplied by 120%, then reduced by the number of years elapsed from the issue date of the Original Obligation to the Issue Date.

  • Any such set-off will automatically satisfy and discharge the Original Obligation to Customer and, if the Original Obligation exceeds the sum or obligation to be set-off against, the Original Obligation will be novated and replaced by an obligation to pay Customer only the excess of the Original Obligation over such sum or obligation.

  • At least 85% of the net sale proceeds of the Original Obligation (the sale proceeds of the Original Obligation less any sale proceeds invested in a reserve fund) were used to carry out the governmental purpose of the Original Obligation within 3 years after the issue date of such obligations, and not more than 50% of the proceeds of the Original Obligation were invested in investments having a substantially guaranteed yield for 4 years or more.

  • Part III: Implementation Schedule for Capital Fund Financing ProgramPHA Name:Federal FFY of Grant:Development Number Name/PHA-WideActivitiesAll Fund Obligated (Quarter Ending Date)All Funds Expended (Quarter Ending Date)Reasons for Revised Target Dates 1 Original Obligation EndDateActual Obligation End DateOriginal Expenditure End DateActual Expenditure End Date 1 Obligation and expenditure end dated can only be revised with HUD approval pursuant to Section 9j of the U.S. Housing Act of 1937, as amended.

  • Part III: Implementation Schedule for Capital Fund Financing ProgramPHA Name:Federal FFY of Grant:Development NumberName/PHA-Wide ActivitiesAll Fund Obligated (Quarter Ending Date)All Funds Expended (Quarter Ending Date)Reasons for Revised Target Dates 1 Original Obligation EndDateActual Obligation End DateOriginal Expenditure End DateActual Expenditure End Date 1 Obligation and expenditure end dated can only be revised with HUD approval pursuant to Section 9j of the U.S. Housing Act of 1937, as amended.

  • Part III: Implementation Schedule for Capital Fund Financing ProgramPHA Name:Federal FFY of Grant:Development NumberName/PHA-Wide ActivitiesAll Fund Obligated (Quarter Ending Date)All Funds Expended (Quarter Ending Date)Reasons for Revised Target Dates 1 Original Obligation End DateActual Obligation End DateOriginal Expenditure End DateActual Expenditure End Date 1 Obligation and expenditure end dated can only be revised with HUD approval pursuant to Section 9j of the U.S. Housing Act of 1937, as amended.


More Definitions of Original Obligation

Original Obligation means, collectively, the Series 2001C Obligation and the Series 2002A Obligation which were the first debt obligations providing financing for the Financed Facility.
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Original Obligation means the City’s $3,500,000 Industrial Development Revenue Bond (Nebraska School Activities Association Project), Series 2007 issued on July 17, 2007, which was the first issue of Qualified 501(c)(3) Bonds that financed or refinanced a portion of the Financed Facility.
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Original Obligation means that portion of a series of bonds or other evidence of indebtedness, including without limitation notes, commercial paper, capital leases, or any other obligations issued or incurred to finance the Project Cost of the District Wastewater Management Facilities.
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Original Obligation. This Loan Revision Agreement refers to the loan evidenced by the above Note dated September 24, 2004 in favor of Bank executed by Kinergy Marketing LLC in the amount of $2,000,000.00 payable in full on October 05, 2005 [ ] Said Note is secured by a Deed of Trust dated N/A (hereinafter referred to as the "Encumbrance", recorded on N/A as Instrument No. N/A in the Office of County Recorder of N/A County California.
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Original Obligation has the meaning specified in the definition of Contingent Residual Indemnity Agreement.
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Related to Original Obligation

  • Additional Obligations as defined in the Base Intercreditor Agreement.

  • Additional Senior Obligations means all indebtedness of the Company whether incurred on or prior to the date of this Indenture or thereafter incurred, for claims in respect of derivative products such as interest and foreign exchange rate contracts, commodity contracts and similar arrangements; provided, however, that Additional Senior Obligations does not include claims in respect of Senior Debt or Subordinated Debt or obligations which, by their terms, are expressly stated to be not superior in right of payment to the Debentures or to rank pari passu in right of payment with the Debentures. For purposes of this definition, "claim" shall have the meaning assigned thereto in Section 101(4) of the United States Bankruptcy Code of 1978, as amended.

  • Additional Obligor means an Additional Borrower or an Additional Guarantor.

  • Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.

  • Subordinated Obligation means any Indebtedness of the Company (whether outstanding on the Issue Date or thereafter incurred) that is subordinated or junior in right of payment to the Notes pursuant to a written agreement.

  • Guarantor Subordinated Obligation means, with respect to a Subsidiary Guarantor, any Indebtedness of such Subsidiary Guarantor (whether outstanding on the Issue Date or thereafter Incurred) which is expressly subordinate in right of payment to the obligations of such Subsidiary Guarantor under its Subsidiary Guarantee pursuant to a written agreement.

  • Senior Obligations is defined in Section 5.1 of this Agreement.