Outstanding Obligations definition

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Outstanding Obligations means, as of each date of determination, and giving effect to the making of any such credit accommodations requested on that date, the sum of (i) the aggregate principal amount of the outstanding Loans, plus (ii) the Swing Line Outstandings, plus (iii) the Aggregate Effective Amount of all Letters of Credit.

Outstanding Obligations means, as of any date of determination, an amount equal to the sum of (i) the Outstanding Principal Balance of, and all accrued and unpaid interest (including without limitation, Additional Interest) payable on the Equipment Notes and (ii) all other amounts owing from time to time to Noteholders, or to any other Person under the Operative Agreements.

Examples of Outstanding Obligations in a sentence

Accordingly, all of the Outstanding Obligations of the TIF Borrower incurred pursuant to the terms of the Existing Agreement, and all of the Liens created pursuant to the terms of the Existing Agreement and the Control Agreement, are hereby ratified and affirmed by the TIF Borrower and remain in full force and effect.
Upon payment in full of all Outstanding Obligations, the Collateral Agent shall execute and deliver to each Borrower such deeds or other instruments as shall be required to evidence the satisfaction and discharge of this Agreement and the security created by this Agreement, and to release such Borrower from its covenants contained in this Agreement.
The Loans and all other Outstanding Obligations of each Borrower shall be obligations of such Borrower as provided in Article II hereof.
The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that no Borrower may assign or otherwise transfer any of its rights or Outstanding Obligations hereunder without the prior written consent of each Lender.
This Agreement amends and restates the terms and conditions of the Existing Agreement, and is not a novation of the Outstanding Obligations incurred by the TIF Borrower pursuant to the terms of the Existing Agreement.

More Definitions of Outstanding Obligations

Outstanding Obligations means, as of any date, and giving effect to making any Extensions of Credit requested on such date and all payments, repayments and prepayments made on such date, (a) when reference is made to all Lenders, the sum of (i) the aggregate outstanding principal amount of all Loans, and (ii) all Letter of Credit Usage, and (b) when reference is made to one Lender, the sum of (i) the aggregate outstanding principal amount of all Loans made by such Lender, and (ii) such Lender’s ratable risk participation in all Letter of Credit Usage.

Outstanding Obligations means without duplication the aggregate of (i) Outstanding Borrowings, (ii) all unpaid interest and fees thereon as herein provided, and (iii) all other indebtedness, liabilities and obligations (including without limitation under any indemnities) herein and under the Loan Documents and (iv) all other fees, charges and expenses required to be paid by a Borrower to the Agents or the Lenders or any of them, hereunder or under any of the Loan Documents.

Outstanding Obligations means any outstanding bonds, bond anticipation notes or notes of the State, whether now outstanding or hereafter issued, the payment of the principal of and the interest on which are secured by a pledge of the full faith, credit and taxing power of the State and which may also be secured, as and to the extent provided in applicable bond documentation, by additional security.

Outstanding Obligations means, as of each date of determination, and giving effect to the making of any such credit accommodations requested on that date, the aggregate principal amount of the outstanding Loans, plus the Aggregate Effective Amount of all Letters of Credit.

Outstanding Obligations means, as of the date of determination, the outstanding principal amount of all Obligations.

Outstanding Obligations at any time and with respect to the Syndicated Group or Metals Lender means the aggregate amount (without duplication) of Direct Obligations of the Debtor to such Creditor(s) outstanding and unpaid at such time, provided, however, that Outstanding Obligations shall be deemed to exclude:

Outstanding Obligations means and include the outstanding principal amount of the Loan, Interest, Additional Interest, all other interest, all fees, costs, commitments, charges, expenses, stamp duty and all other sums whatsoever payable by the Borrower to the Lender in accordance with the Agreement and the Transaction Documents, as well as all other monies whatsoever stipulated in or payable by the Borrower/s under the Agreement.