Prudential Obligations definition

Prudential Obligations means all liabilities, obligations and indebtedness, of every kind and description and howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now existing or hereafter arising, and whether joint, several, or joint and several, of the Borrower or any Subsidiary to the holders of the Prudential Term Notes, arising under or evidenced by the Prudential Agreement or the Prudential Note Documents, including the principal balance of the Prudential Term Notes, all interest accrued thereon (including interest accruing on the Prudential Term Notes after the commencement of any proceeding under any Debtor Relief Laws, notwithstanding any provision or rule of law which might restrict the rights of any holder of the Prudential Term Notes, as against the Borrower or any other Person, to collect such interest), all yield-maintenance amounts, all fees and expenses (including legal fees) payable to the holders of the Prudential Term Notes as set forth in the Prudential Agreement and the Prudential Note Documents, and all reimbursement and indemnification obligations as set forth in the Prudential Agreement and the Prudential Note Documents. In the event any portion of the Prudential Obligations is refinanced in a transaction permitted by Section 7.2(e), all references herein to the Prudential Obligations shall be deemed to include such refinanced Indebtedness.

Prudential Obligations means all obligations of the Borrower to Prudential under the Prudential Note Agreement in an aggregate principal amount of $50,000,000.

Prudential Obligations means all indebtedness liabilities and obligations now or hereafter owed by the Borrower to Prudential under the terms of the Prudential Note Documents.

Examples of Prudential Obligations in a sentence

• The Company agrees that if at any time any Subsidiary which is not a Subsidiary Guarantor on the date hereof, shall guarantee any of the Bank Agreements, the Prudential Obligations or any other Debt of the Company, the Company will cause such Subsidiary to, simultaneously with the entry into the guarantee of such Bank Agreements, the Prudential Obligations or any other Debt, execute and deliver for the benefit of the holders of the Notes a Guarantee Agreement.

• Notwithstanding contrary provisions of the agreements governing the Prudential Obligations, the Company agrees to pay to Prudential a fee in an amount equal to (i) the amount determined pursuant to the next sentence less (ii) all interest, if any, paid to Prudential by or for the account of the City of Farmington, Missouri, in respect of the "Bonds" as defined in the Prudential Guaranty in respect of periods from and after the date hereof.

More Definitions of Prudential Obligations

Prudential Obligations means all obligations of ECS and its Subsidiaries to Prudential or the Noteholders under the Note Purchase Agreements and the Guaranty Agreements.

Prudential Obligations means the indebtedness and obligations of the Company under a Guarantee Agreement dated as of August 1, 1994 issued by the Company and held by Prudential as the holder of the Bonds therein described.

Prudential Obligations means the obligations at any time of the Company under and pursuant to that certain Agreement dated as of March 1, 2001 between the Company and The Prudential Insurance Company of America and each Prudential Affiliate (as defined therein) which becomes bound by such Agreement and any senior promissory notes issued and sold under and pursuant to such Agreement and then outstanding.

Prudential Obligations means the “Note Agreement Obligations” as defined in the Intercreditor Agreement, including, but not limited to, the Make Whole Amount (as defined in the Prudential Loan Documents), if any.