Related Obligations definition

Related Obligations has the meaning specified in Section 9.12.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Related Obligations has the meaning specified in Section 10.9 (Collateral Matters Relating to the Related Obligations).

Related Obligations means, collectively, the Related Cash Management Obligations and the Related Hedging Obligations.

Examples of Related Obligations in a sentence

• If during the term of this Agreement or any SOW DXC determines, in its exclusive discretion, that any Supplier subcontractor or agent cannot comply with the Personal Data Related Obligations, then DXC may terminate this Agreement in whole or in part (with respect to any SOW for which such subcontractor or agent is providing services), if not cured by Supplier within the time prescribed in the notice of such deficiency.

• Supplier shall ensure that any failure on the part of any subcontractor or agent to comply with the Personal Data Related Obligations shall be grounds to promptly terminate such subcontractor or agent.

• Leave for Initial Training and Other Related Obligations (e.g., fitness for service examinations).

• No set-off, counterclaim, recoupment, reduction, or diminution of any obligation, or any defense of any kind or nature which the Borrower or any of its Subsidiaries may have against any Obligee or any other party shall be available to, or shall be asserted by, any Credit Party against any Obligee or any subsequent holder of the Related Obligations or any part thereof or against payment of the Related Obligations or any part thereof.

• Such guaranty shall be an absolute, continuing, irrevocable, and unconditional guaranty of payment and performance, and not a guaranty of collection, and the Credit Parties shall remain liable on such obligations hereunder until the payment and performance in full of the Related Obligations.

More Definitions of Related Obligations

Related Obligations has the meaning ascribed to such term in Section 12.09(e).

Related Obligations means, with respect to any Indebtedness, any principal (including reimbursement obligations with respect to letters of credit whether or not drawn), interest (including interest accruing after the maturity of such Indebtedness and interest accruing after the filing of any petition of bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the borrower or issuer thereof, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), premium (if any), fees, indemnifications, reimbursements, expenses and other liabilities, in each case payable under the documentation governing such Indebtedness.

Related Obligations means the unpaid principal of and interest accrued and payable at any relevant time on any loans made and/or Related Notes issued, under any Related Note Agreement, the performance and observance by Borrower of all the agreements and covenants to be performed or observed by it for the benefit of any financing party contained in any Related Note Agreement and all other obligations and liabilities of Borrower (including, without limitation, interest accruing at the then applicable rate provided in the relevant Related Note Agreements after maturity of the relevant loans, notes or other obligations and interest accruing at the then applicable rate provided therein after filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding relating to Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with such Related Note Agreements or any other document made, delivered or given in connection with any of the foregoing, in each case whether on the account of principal, interest, rent, termination amounts, fees, indemnities, costs, expenses or otherwise (including, without limitation, all reasonable fees, charges, and disbursements of counsel to any such financing party that Borrower is required to pay pursuant to the terms of any Related Note Agreement).

Related Obligations means the obligations and liabilities now existing or hereafter arising of Lessee or any Affiliate of Lessee under any Related Lease.

Related Obligations means, with respect to Indebtedness, all obligations for principal, premium, interest, penalties, fees, indemnifications, reimbursements and other amounts payable pursuant to the documentation evidencing such Indebtedness.

Related Obligations has the meaning specified in Section 9.12 (Collateral Matters Relating to Related Obligations).

Related Obligations as defined in Section 9.9.