Prior obligation definition
Prior obligation means an amount owed to a local exchange company or an interexchange company for regu- lated services at the time the company physically toll- restricts, interrupts, or discontinues service for nonpayment.
Prior obligation means an amount owed to a local exchange com- pany or an interexchange company for regulated services at the time the company physically toll-restricts, interrupts, or discontinues service for nonpayment.
Prior obligation means, with respect to any Secured Obligation or other item listed below, any Secured Obligation or other item that is listed higher on the list. The term “Subordinate Obligation” means, with respect to any Secured Obligation or other item on the list below, any Secured Obligation or other item that is listed lower on the list below. The Prior Obligations and Subordinate Obligations shall be determined based on the following list:
More Definitions of Prior obligation
Prior obligation means, collectively, the 2017 Taxable Obligation and the 2017 Tax-Exempt Obligation.
Prior obligation means, collectively, the 2011 Obligation and the 2014 Obligation.
Prior obligation has the meaning assigned to it in Section 5.02(e) of the Master Indenture.
Prior obligation means the "Obligation" as defined in the Prior Credit Agreement.
Prior obligation has the meaning given it in Section 2.3(a).
Prior obligation means the Installment Purchase Agreement, dated June 1, 2006, between the District and the California Statewide Communities Development Authority.
Prior obligation. As Local 798 is a local of the I.A.T.S.E of U.S. & C., nothing in this Agreement shall be construed to interfere with any obligation Local 798 owes to such organization by reason of a prior obligation; but this shall in no event be construed or applied so as to contravene any applicable state or federal laws.