Referred Debt definition

Referred Debt means any debt referred by you and accepted by us in accordance with the Service Agreement and the Conditions; “Us” and “we” mean STA International; “You” and “your” mean The Client.
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Referred Debt means a Debt owed to the Client and which is referred to FTDC for collection; “Searches” means one (1) or more of the searches listed in the Table of Searches & Search Fees below and any other paid search available in connection with a person, company or property; “Search Fees” means the fee corresponding to a Search as set out in the Table of Searches & Search Fees below as varied by FTDC by notice in writing to the Client from time to time;
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Referred Debt means a debt owned by the Client and which the Client refers to ADR for recovery.
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Examples of Referred Debt in a sentence

  • The Client will immediately notify ADR if it receives payment of, or compromises, any Referred Debt.

  • If the Client withdraws a Referred Debt, or instructs ADR to discontinue or cease to pursue legal action or proceedings for the recovery of a Referred Debt, after legal proceedings have been commenced, the Client is responsible for the payment or reimbursement of all legal and professional costs and outlays incurred and charged by lawyers engaged by ADR for and on behalf of the Client, in addition to Commission Fees and other expenses and charges payable under this Agreement.


More Definitions of Referred Debt

Referred Debt means any debt referred by you and accepted by us in accordance with the Service Agreement and the Conditions;
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Referred Debt means a debt owned by the Client and which the Client refers to FTR for recovery.
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Referred Debt means a Debt owed to the Client and which is referred to FTDC for collection; “Roberts Legal” means Roberts Legal Pty Limited ACN 128 628 599, an incorporated legal practice in the State of New South Wales;
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Related to Referred Debt

  • Excluded Debt , in relation to a debtor, means any:

  • Permitted Debt means any Financial Indebtedness:

  • Permitted Indebtedness means any of the following:

  • Consolidated Secured Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a Lien on the Collateral.

  • Secured Debt means Debt of the Company or its Subsidiaries secured by an Encumbrance on the property of the Company or its Subsidiaries.

  • Acquired Debt means, with respect to any specified Person:

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Unsecured Debt means any Debt of the Company or its Subsidiaries which is not Secured Debt.

  • Consolidated Indebtedness means at any time the Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Permitted Subordinated Debt means any subordinated Indebtedness of Magellan incurred in connection with, and to finance, a Permitted Acquisition, which Indebtedness may be guaranteed on a subordinated basis by the Borrower and/or one or more Subsidiary Guarantors and all of the terms and conditions of which (including, without limitation, with respect to interest rate, amortization, redemption provisions, maturities, covenants, defaults, remedies, guaranties, standstill provisions, cash pay limitations and subordination provisions) and the documentation therefor are reasonably satisfactory to the Administrative Agent, as such Indebtedness may be amended, modified and/or supplemented from time to time in accordance with the terms hereof and thereof; provided, that in any event, unless the Required Lenders otherwise expressly consent in writing prior to the issuance thereof, (i) no such Indebtedness shall be secured by any asset of Magellan or any of its Subsidiaries, (ii) no such Indebtedness shall be guaranteed by any Person other than a Credit Party, (iii) no such Indebtedness shall be subject to scheduled amortization, redemption, sinking fund, mandatory prepayments (other than pursuant to a customary “change of control” provision that is subject to the prior repayment of the Obligations and termination of the Commitments) or similar payment or have a final maturity, in either case prior to the date occurring one year following the Maturity Date, (iv) the documentation governing such Indebtedness shall not include any financial maintenance covenants, and (v) the subordination provisions contained therein shall provide for a permanent block on payments with respect to such Indebtedness upon the occurrence and continuation of a payment default with respect to “senior debt” and cover all obligations under Interest Rate Protection Agreements and Other Hedging Agreements. The incurrence of Permitted Subordinated Debt shall be deemed to be a representation and warranty by Magellan that all conditions thereto have been satisfied in all material respects and that the incurrence of such Permitted Subordinated Debt is permitted in accordance with the terms of this Agreement, which representation and warranty shall be deemed to be a representation and warranty for all purposes hereunder, including, without limitation, Sections 7 and 10.