Other Obligation definition

Other Obligation means the State’s obligations to pay any amounts under any Swap Agreements and any Credit Enhancement Facilities.
Other Obligation has the meaning specified in Section 4.03(a).
Other Obligation means any obligation imposed on the merchant under this Agreement that is not a Payment Obligation;

Examples of Other Obligation in a sentence

  • It has the power and authority to execute and deliver this Indenture and to perform its obligations pursuant thereto; and the execution, delivery and performance of this Indenture, the Notes and each Other Obligation have been duly authorized by all necessary corporate action.

  • The Notes and the provisions of this Indenture, each Supplemental Indenture and each Other Obligation are and will be valid and legally enforceable obligations of the Corporation in accordance with their terms and the terms of this Indenture and each Supplemental Indenture.

  • No consent, license, approval or authorization of, or registration or declaration with, any Person or any governmental authority, bureau or agency is required to be obtained by the Issuer in connection with the execution, delivery or performance of this Indenture, the Notes or any Other Obligation, except for such as have been obtained, effected or made.

  • No consent, license, approval or authorization of, or registration or declaration with, any Person or any governmental authority, bureau or agency is required to be obtained by the Corporation in connection with the execution, delivery or performance of this Indenture, the Notes or any Other Obligation, except for such as have been obtained, effected or made.

  • It is duly qualified to do business as a foreign corporation in good standing, and has obtained all necessary licenses and approvals, in all jurisdictions in which the ownership or lease of its property, the conduct of its business and the performance of its obligations under this Indenture, the Notes and each Other Obligation requires such qualification.


More Definitions of Other Obligation

Other Obligation shall have the meaning set forth in the Indenture.
Other Obligation means the Specified Facilities, the Existing ECA Facilities or any other agreement which evidences any obligation of the Issuer or any of its Subsidiaries that will be subject to a Subordinated Guarantee.
Other Obligation as to any Person, and at any date, means, without duplication (a) all obligations of such Person to purchase securities (or other property) that arise out of or in connection with the sale or acquisition of the same or similar securities (or property); (b) all obligations in respect of any Hedging Agreement or similar arrangement between such Person and a financial institution providing for the transfer or mitigation of interest risks either generally or under specific contingencies (but without regard to any notional principal amount relating thereto); (c) all indebtedness created or arising under any conditional sale or other title retention agreement, or incurred as financing, in either case with respect to property acquired by such Person (even though the rights and remedies of the seller or bank under such agreement in the event of any default are limited to repossession or sale of such property); and (d) all obligations pursuant to any agreement to purchase materials, supplies or other property if such agreement provides that payment shall be made regardless of whether delivery of such materials, supplies or other property is ever made or tendered.
Other Obligation shall have the meaning as described in
Other Obligation. As to any Person, and at any date, means, without duplication:
Other Obligation. Debtor's Representation Concerning Location of Collateral (optional): Collateral to be located at ▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇, Texas 75068 Subject to the terms of this agreement, Debtor grants to Secured Party a security interest in the collateral and all its proceeds to secure payment and performance of Debtor's obligation in this security agreement and all renewals and extensions of any of the obligation. Debtor's Warranties
Other Obligation. None. Debtor's Representation Concerning Location of Collateral (optional): Subject to the terms of this agreement, Debtor grants to Secured Party a security interest in the collateral and all its proceeds to secure payment and performance of Debtor's obligation in this security agreement and all renewals and extensions of any of the obligation. DEBTOR'S WARRANTIES