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.
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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.
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Prior obligation has the meaning assigned to it in Section 5.02(e) of the Master Indenture.
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Examples of Prior obligation in a sentence

  • Prior obligation and prerequisitesThe Government of Mongolia (GOM) will provide strategic oversight and coordination to ensure the use of best national and international practice and complementarities with other interventions in the field specific to this project.

  • Prior obligation of child support and spouse support actually paid pursuant to court or administrative order.9.5(9)i.

  • Prior obligation of child support and spouse support actually paid pursuant to court or administrative order.9.5(9) i.

  • Prior obligation of child support and spouse support actually paid pursuant to court or administrative order < >5.

  • MBTA Outstanding Debt – $5.2 billionComponents of MBTA Debt*Legal Commitments (Prior obligation and revenue bonds)Prior Obligations$1.3billion$1.7billion$2.2billionCapital Investment Program Revenue Bonds (Non-legal commitments)*Estimated Without debt relief or more pay-as-you-go revenues, the Authority will not be able to fund all the critical state of good repair projects needed to provide reliable service.


More Definitions of Prior obligation

Prior obligation has the meaning given it in Section 2.3(a).
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Prior obligation means the "Obligation" as defined in the Prior Credit Agreement.
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Prior obligation means, collectively, the 2011 Obligation and the 2014 Obligation.
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Prior obligation means, collectively, the 2017 Taxable Obligation and the 2017 Tax-Exempt Obligation.
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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:
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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.
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Prior obligation means any previous payment obligation of the City, if any, if any, which is payable from and secured by a pledge of the Wastewater System Revenues senior to the pledge contained hereunder, which previous payment obligation predates May 15, 2016. The City is representing and warranting herein that there are no Prior Obligations.
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