Settlement Debt definition

Settlement Debt means any payment or reimbursement obligation in respect of a Settlement Payment.
Settlement Debt means any indebtedness of the Issuer or any of its Subsidiaries (including, without limitation, any intra-day or clearing facility) which together with Settlement Assets are used directly or indirectly to pay Settlement Liabilities.

Examples of Settlement Debt in a sentence

  • Acceptance of the Settlement Debt shall immediately discharge all monies owed by the Debtor to the Creditor.

  • We evaluate the structure of the Board each year and this evaluation includes an analysis of the leadership of the Board and its committees.

  • The Debtor shall make payment of the Settlement Debt Amount by ____________________, 20___ or else this Agreement is void.

  • Payment for the Settlement Debt shall be made by ☐ - Check ☐ - Bank Wire ☐ - Certified Check ☐ - Cash ☐ - Other ______________________________________________.

  • To object to the Debt Collection Settlement, Debt Collection Settlement Class Members must follow the directions below and in the Class Notice and file a written objection with the Court by the Opt-Out and Objection Deadline.

  • BEST Plus 2.0 willprovide supporting evidence, through pretesting and posttesting, which will measure both progress of the English language learner and the effectiveness of the instructional program.BEST Plus 2.0 testing materials can be purchased with AEFLA funds after a program has trained test administrators.

  • Payment for the Settlement Debt shall be made by ☐ - Check ☐ - Bank Wire ☐ - Certified Check ☐ - Cash ☐ - Other _.

  • To use a 2% reducing balance for MRP in relation to Historic and the Settlement Debt for the HRAStatutory Requirement4.

  • Note 2 Deficit Net PositionThe Authority reported a deficit net position of $1,004 million at September 30, 2022 on the government-wide statement of net position within governmental activities for the Tobacco Settlement Debt Service Fund.

  • Finally, the bankruptcy schedules show the entire Settlement Debt due and owing, again indicating that the $10,000 retainer was not a partial payment of the debt.


More Definitions of Settlement Debt

Settlement Debt means any indebtedness of the Issuer or any of its Subsidiaries (including, without limitation, any intra-day or clearing facility) which together with Settlement Assets are used directly or indirectly to pay Settlement Obligations.
Settlement Debt means Debt incurred by the Borrower or any Subsidiary to the extent that (a) the Net Cash Proceeds thereof have been used to pay or refinance Settlement Costs or (b) an amount equal to the Net Cash Proceeds thereof are held in cash and cash equivalents (free of Liens and rights of others) in a segregated account in the United States (and not used for any purpose other than payment of Settlement Costs or prepayment of the Loans) and a financial officer of the Borrower has certified to the Administrative Agent in writing (which certification may be made at any time) that the Borrower has reasonably determined in good faith that such proceeds are expected to be used to pay Settlement Costs within six months following such certification.
Settlement Debt means secured indebtedness in the principal amount of US $1,452,083 owing to Xxxx XxXxxxxx pursuant to a confidential settlement agreement and release dated November 29, 2016.
Settlement Debt means Indebtedness of FRI in an aggregate amount not to exceed $2 million issued in consideration for, and concurrently with, a dismissal with prejudice of all claims against FRI arising out of FRI's purchase and subsequent sale of Harolds Club.
Settlement Debt means the total amount payable at any time in respect of the Settlement Agreements. For the avoidance of doubt, the actual costs of ongoing compliance by the Company with the Settlement Agreements shall not be deemed to be Settlement Debt.

Related to Settlement Debt

  • Settlement Receivable means any general intangible, payment intangible, or instrument representing or reflecting an obligation to make payments to or for the benefit of a Person in consideration for a Settlement made or arranged, or to be made or arranged, by such Person.

  • Closing Indebtedness means the aggregate amount of all Indebtedness of the Company and its Subsidiaries as of immediately prior, and without giving effect to, the Closing.

  • Balloon Indebtedness means Long-Term Indebtedness, 25% or more of the original principal amount of which becomes due (either by maturity or mandatory redemption) during any consecutive twelve-month period, if such principal amount becoming due is not required to be amortized below such percentage by mandatory redemption or prepayment prior to such twelve-month period.

  • Relevant Debt means any present or future indebtedness in the form of, or represented by, bonds, notes, debentures, loan stock or other securities that are for the time being, or are capable of being, quoted, listed or ordinarily dealt in on any stock exchange, automated trading system, over-the-counter or other securities market.

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Unliquidated Obligations means, at any time, any Secured Obligations (or portion thereof) that are contingent in nature or unliquidated at such time, including any Secured Obligation that is: (i) an obligation to reimburse a bank for drawings not yet made under a letter of credit issued by it; (ii) any other obligation (including any guarantee) that is contingent in nature at such time; or (iii) an obligation to provide collateral to secure any of the foregoing types of obligations.

  • Indebtedness for Borrowed Money means any present or future indebtedness (whether being principal, premium, interest or other amounts) for or in respect of (i) money borrowed, (ii) liabilities under or in respect of any acceptance or acceptance credit or (iii) any bonds, notes, debentures, loan capital, certificates of deposit, loan stock or other like instruments or securities offered, issued or distributed whether by way of public offer, private placement, acquisition consideration or otherwise and whether issued for cash or in whole or in part for a consideration other than cash;

  • judgment debtor means any person against whom a decree has been passed or an order capable of execution has been made;

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Bad Debt means amounts lawfully billed to a Subscriber and owed by the Subscriber for Cable Service and accrued as revenues on the books of Grantee, but not collected after reasonable efforts have been made by Grantee to collect the charges.

  • Attributable Receivables Indebtedness at any time means the principal amount of Indebtedness which (i) if a Permitted Receivables Facility is structured as a secured lending agreement, would constitute the principal amount of such Indebtedness or (ii) if a Permitted Receivables Facility is structured as a purchase agreement, would be outstanding at such time under the Permitted Receivables Facility if the same were structured as a secured lending agreement rather than a purchase agreement.