Outstanding Liability definition

Outstanding Liability means (i) the Past Use Liability Deferrable, if any, plus (ii) the cumulative unpaid portion of the Running Royalty Deferrable, calculated at the end of each reporting period as OL = RRD – OLD.
Outstanding Liability has the meaning as set forth and defined in the description of LIFT per Exhibit C.
Outstanding Liability each Letter of Credit Liability under which the Bank remains wholly or partially liable (whether contingently or otherwise) on the date on which the Bank serves notice on the Borrower pursuant to Clause 5.02 of the Master Agreement; and

Examples of Outstanding Liability in a sentence

  • Upon receipt (a) of the full statement from Licensee as indicated in Section 4.1 of the Agreement, and (b) of the Market Data from Market Data Supplier, Licensor shall calculate the Outstanding Liability Due, in accordance with Section 1.11, and the Outstanding Liability Payable, in accordance with Section 1.12.

  • The portion of the Running Royalty Deferrable exceeding the Outstanding Liability Due shall be registered into the Outstanding Liability and deferred to the next reporting period.

  • Upon expiration of the latest Licensed Patent to expire, Licensee shall pay the Final Outstanding Liability Payable within fifteen (15) days from issuing date of the respective invoice from Licensor.

  • Upon termination or expiration of the Agreement, where the Agreement is not renewed or extended, and unless Section 3.2 applies, the entire remaining Outstanding Liability shall be paid by Licensee within fifteen (15) days from issuing date of the respective invoice from Licensor.

  • In the event of an uncured material breach of Licensee, giving Sisvel the right to a termination as permitted under Section 6.4 of the Agreement, the full payment of the Outstanding Liability shall become payable by Licensee within fifteen (15) days from issuing date of the respective invoice from Licensor.

  • Licensee shall pay the Outstanding Liability Payable within fifteen (15) days from issuing date of the respective invoice from Licensor.


More Definitions of Outstanding Liability

Outstanding Liability means the amount of Card Balance which represents the total debits remaining unsettled and payable to the Bank by the Customer.
Outstanding Liability means, at any time, the sum of:

Related to Outstanding Liability

  • Hedging Liability means the liability of the Borrower or any Guarantor to any of the Lenders, or any Affiliates of such Lenders in respect of any Hedging Agreement as the Borrower or such Guarantor, as the case may be, may from time to time enter into with any one or more of the Lenders party to this Agreement or their Affiliates, whether absolute or contingent and howsoever and whensoever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions therefor).

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.

  • Outstanding Credit Exposure means, as to any Bank at any time, the sum of (i) the aggregate principal amount of its Loans outstanding at such time, plus (ii) an amount equal to its Pro Rata Share of the LC Obligations at such time.

  • 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”.

  • Outstanding Bonds means any Bonds not redeemed or otherwise discharged.

  • Outstanding Advances means, with respect to a Receivable and the last day of a Collection Period, the sum of all Advances made as of or prior to such date, minus (1) all payments or collections as of or prior to such date which are specified in Section 4.04(b) and (c) as applied to reimburse all unpaid Advances with respect to such Receivable and (2) all amounts for which the Servicer has deemed to have released all claims for reimbursement of Outstanding Advances pursuant to Section 3.08.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Letter of Credit Liabilities means, at any time and in respect of all Letters of Credit, the sum of (a) the aggregate amount available to be drawn under all such Letters of Credit plus (b) the aggregate unpaid amount of all Reimbursement Obligations then due and payable in respect of previous drawings under such Letters of Credit.

  • 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.

  • Letter of Credit Liability means the sum of (x) aggregate amount of the undrawn stated amount of all outstanding Letters of Credit plus (y) the amount drawn under Letters of Credit for which the Letter of Credit Issuer and the Lenders, or any one or more of them, have not yet received payment or reimbursement (in the form of a conversion of such liability to Loans, or otherwise) as required pursuant to Section 2.8.

  • Outstanding Common Stock means, at any given time, the aggregate amount of outstanding shares of Common Stock, assuming full exercise, conversion or exchange (as applicable) of all options, warrants and other Securities which are convertible into or exercisable or exchangeable for, and any right to subscribe for, shares of Common Stock that are outstanding at such time.

  • Hedging Liabilities means the Liabilities owed by any Debtor to the Hedge Counterparties under or in connection with the Hedging Agreements.

  • Swing Line Obligations means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding.

  • Outstanding Balance of any Receivable at any time means the then outstanding principal balance thereof.

  • Outstanding Indebtedness means the aggregate of the Loan and interest accrued and accruing thereon, the Master Swap Agreement Liabilities, the Expenses and all other sums of money from time to time owing by the Borrowers to the Mortgagee and/or any of the Secured Creditors, whether actually or contingently, present or future, under or pursuant to the Loan Agreement, the Master Swap Agreement, the Security Documents or any of them;

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.