{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "a-person", "type": "clause", "offset": [3, 11]}, {"key": "indebtedness-of", "type": "definition", "offset": [39, 54]}, {"key": "resulting-from", "type": "definition", "offset": [67, 81]}, {"key": "free-credit-balances", "type": "clause", "offset": [82, 102]}, {"key": "installment-notes", "type": "definition", "offset": [136, 153]}, {"key": "street-loans", "type": "definition", "offset": [155, 167]}, {"key": "other-liabilities-and-obligations", "type": "clause", "offset": [173, 206]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [216, 250]}, {"key": "as-principal", "type": "clause", "offset": [271, 283]}, {"key": "investment-banker", "type": "definition", "offset": [303, 320]}, {"key": "futures-commission-merchant", "type": "clause", "offset": [322, 349]}, {"key": "financial-services-institution", "type": "definition", "offset": [368, 398]}, {"key": "term-indebtedness", "type": 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{"snippet_links": [{"key": "at-any-time", "type": "clause", "offset": [7, 18]}, {"key": "trade-creditor", "type": "definition", "offset": [65, 79]}, {"key": "the-loan-parties", "type": "definition", "offset": [83, 99]}, {"key": "arising-out-of", "type": "definition", "offset": [100, 114]}, {"key": "open-account", "type": "clause", "offset": [167, 179]}], "samples": [{"hash": "56qjkblkV48", "uri": "/contracts/56qjkblkV48#trade-debt", "label": "Credit Agreement (ATD Corp)", "score": 25.6926762491, "published": true}, {"hash": "litZB1xBVTh", "uri": "/contracts/litZB1xBVTh#trade-debt", "label": "Credit Agreement (American Tire Distributors Holdings, Inc.)", "score": 24.3538672142, "published": true}], "snippet": "means, at any time, the outstanding trade debt then owing to the Trade Creditor by the Loan Parties arising out of the Loan Parties\u2019 purchases of Branded Inventory on open account.", "size": 5, "hash": "8467a24e2c7ebee272b571cb554acace", "id": 3}, {"snippet_links": [{"key": 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excluding Film Expense) to the extent such payables and obligations are not overdue by more than 6 months.", "size": 4, "hash": "369626e4e460503264dd821ae522d175", "id": 4}, {"snippet_links": [{"key": "relevant-time", "type": "definition", "offset": [14, 27]}, {"key": "in-relation-to", "type": "clause", "offset": [32, 46]}, {"key": "indebtedness-of-the-borrower", "type": "definition", "offset": [55, 83]}, {"key": "relevant-owner", "type": "definition", "offset": [91, 105]}, {"key": "in-connection-with", "type": "clause", "offset": [122, 140]}, {"key": "operation-of", "type": "definition", "offset": [157, 169]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [192, 218]}, {"key": "borrowed-money", "type": "definition", "offset": [224, 238]}, {"key": "other-indebtedness", "type": "definition", "offset": [242, 260]}, {"key": "to-the-bank", "type": "clause", "offset": [267, 278]}, {"key": "the-security-documents", "type": "clause", "offset": [285, 307]}], "samples": 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as agent as an investment banker, futures commission merchant, broker dealer or financial services institution; and (ii) other short term indebtedness of such Person incurred in the ordinary course of its business not material individually or in the aggregate to such Person.", "size": 71, "id": "trade-debt", "examples": ["The Secured <strong>Trade Debt</strong> owed to Mobil shall be in form and substance reasonably satisfactory to the Administrative Agent, and the Secured <strong>Trade Debt</strong> shall not be secured by any Lien other than the Lien evidenced by the Security Agreement.", "Strategic owes to Access $15,753,701.25 outstanding in <strong>Trade Debt</strong> as of May 16, 2005, a statement of which is attached hereto as Exhibit C.", "In the event Strategic pays the entire principal amount of the Notes prior to the stated maturity thereof, Strategic shall simultaneously pay the Past Due <strong>Trade Debt</strong> owing at such time.", "Strategic shall pay interest on all Past Due <strong>Trade Debt</strong> at a fixed rate of 8% per annum; provided, however, Strategic shall not be required to pay interest on <strong>Trade Debt</strong> evidenced by invoices with line items identified to be a valid dispute agreed upon by Strategic and Avnet.", "Strategic shall pay interest on all Past Due <strong>Trade Debt</strong> at a fixed rate of 12% per annum; provided, however, Strategic shall not be required to pay interest on <strong>Trade Debt</strong> evidenced by invoices with line items identified to be a valid dispute agreed upon by Strategic and Access.", "Strategic agrees to resolve with Access, in good faith and in a manner consistent with past practices between Strategic and Access, disputes regarding interest accrual on <strong>Trade Debt</strong> in connection with invoices generated by Access prior to the delivery of products or service contracts to Strategic (or Strategic\u2019s customers, as is the appropriate case).", "This Agreement shall continue in full force and effect until the repayment in full of (a) the accrued interest on and outstanding principal balance of the Indebtedness evidenced by the Notes and (b) the Indebtedness consisting of Past Due <strong>Trade Debt</strong>.", "Notwithstanding anything appearing in this Agreement to the contrary, the Past Due <strong>Trade Debt</strong> will not be required to be paid prior to January 1, 2006 unless a Default shall occur and be continuing.", "The Debentures shall be senior to all other classes of equity of the Company and shall rank PARI PASSU with or senior to <strong>Trade Debt</strong> of the Company incurred in the ordinary course of business and all other indebtedness of the Company other than Senior Debt.", "Additionally, prior to the Effective Time, Uni-Pixel trade creditors (&quot;Uni-Pixel Trade Creditors&quot;) shall have converted or reduced unsecured liabilities and <strong>trade debt</strong> owed to such Uni-Pixel Trade Creditors (&quot;<strong>Trade Debt</strong>&quot;), to approximately $360,000, and Uni-Pixel shall have reduced amounts owed to CapSource for interest and fees to approximately $130,000, which amounts shall be paid out of the proceeds of the Private Placement (the &quot;<strong>Trade Debt</strong> Conversion&quot;)."], "related": [["receivables-facility-attributed-indebtedness", "Receivables Facility Attributed Indebtedness", "Receivables Facility Attributed Indebtedness"], ["excluded-debt", "Excluded Debt", "Excluded Debt"], ["related-indebtedness", "Related Indebtedness", "Related Indebtedness"], ["excluded-indebtedness", "Excluded Indebtedness", "Excluded Indebtedness"], ["project-finance-debt", "Project Finance Debt", "Project Finance Debt"]], "related_snippets": [], "updated": "2025-07-07T00:16:47+00:00"}, "json": true, "cursor": ""}}