Trade Indebtedness definition

Trade Indebtedness means Indebtedness incurred by the Company in the normal course of drilling, operating, producing and maintaining Qualified Real Property in connection with (i) vendor contracts, (ii) partnership, joint venture, farm-in, farm-out, joint operating and similar arrangements or agreements, and (iii) related contractual obligations.
Sample 1Sample 2Sample 3
Trade Indebtedness means Indebtedness incurred by the Company in the normal course of drilling, operating, producing and maintaining Qualified Real Property in connection with (i) vendor contracts, (ii) partnership, joint venture, farm-in, farm-out, joint operating and similar arrangements and agreements, and (iii) related contractual obligations.
Sample 1Sample 2
Trade Indebtedness means ordinary trade indebtedness including usual management charges and other administrative charges, amounts outstanding in respect of group plan health insurance subscriptions, insurance recharges, employee recharges, pension or group value added tax arrangements, charges for software and information technology support and licences, all amounts owing in respect of rent, rates, telephone charges, postal charges, administration support, insurance and asset management services, all indebtedness in relation to balances arising from banking arrangements (including current accounts, deposits and placements), investment assets and related collateral balances, and any indebtedness in respect of any such arrangements, assets or balances;
Sample 1

Examples of Trade Indebtedness in a sentence

  • The Company covenants that, while this Note is outstanding, subject to the terms hereof, it shall not incur any indebtedness (except for Trade Indebtedness as that term is defined below) unless such Indebtedness is at all times and in all respects wholly subordinate, junior and subject in right of payment to the indebtedness evidenced by this Note and that, at the time it incurs such Indebtedness, it will secure from the lender an agreement to subordinate said new Indebtedness to this Note.

  • As used herein, Trade Indebtedness shall mean indebtedness incurred by the Company in the ordinary course of business for the purchase of goods, services, supplies and material used by the Company in its day to day operations.

  • That certain binding term sheet entitled Terms for Treatment of Trade Indebtedness of Whitehall Jewellers, Inc., entered into by and among the Borrower, Prentice Capital Management LP and certain Suppliers in September 2005.

  • By Resolution No. 931 dated December 29, 2001, “On the Settlement of the Trade Indebtedness of the Former USSR to Foreign Trade Creditors,” the Government of the Russian Federation has authorized the settlement of eligible trade debt of the former USSR by means of an exchange offer to be made to all eligible trade creditors (the “Trade Debt Rescheduling”).

  • Seller shall not incur, create, assume or permit to exist any Indebtedness, except (i) unsecured trade accounts payable and other unsecured current Indebtedness incurred in the ordinary course of business between the date hereof and the Closing Date (but excluding any Indebtedness for borrowed money) ("Trade Indebtedness") and (ii) Indebtedness for taxes arising between the date hereof and the Closing Date.

  • That certain binding term sheet entitled Terms for Treatment of Trade Indebtedness of Whitehall Jewelers, Inc., entered into by and among the Borrower, Prentice Capital Management LP and certain Suppliers in September 2005.

  • Trade Indebtedness..........................................................................

  • Retirement obligations are increased each year to reflect the passage of time by accreting the ANTERO MIDSTREAM CORPORATIONNotes to the Unaudited Condensed Consolidated Financial Statements (Continued)December 31, 2018 and September 30, 2019 balance at the weighted average credit-adjusted risk-free rate that is used to calculate the recorded liability, with accretion charged to direct costs.

  • The Borrower shall pay all Trade Indebtedness owed by it as such Trade Indebtedness shall become due and shall pay and discharge when due all other Indebtedness now or hereafter owed by it, except in each case to the extent being diligently contested in good faith by appropriate proceedings.


More Definitions of Trade Indebtedness

Trade Indebtedness all trade liabilities, Indebtedness or obligations with respect to any goods or services, incurred by any Debtor in the ordinary course of business and payable in accordance with customary practices.
Sample 1
Trade Indebtedness means all Indebtedness owed by any Person on ordinary trade terms to vendors, suppliers, and other Persons providing goods and services used by it in the ordinary course of its business.
Sample 1

Related to Trade Indebtedness

  • Subordinate Indebtedness means all present and future indebtedness, obligations, and liabilities of Borrower to Subordinate Lender under or in connection with the Subordinate Loan or the Subordinate Loan Documents.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Refinance Indebtedness has the meaning assigned to such term in Section 6.01(f).

  • 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:

  • Indebtedness means, with respect to any Person, without duplication:

  • Related Indebtedness means any and all indebtedness paid or payable by Borrower to Lender pursuant to the Loan Documents or any other communication or writing by or between Borrower and Lender related to the transaction or transactions that are the subject matter of the Loan Documents, except such indebtedness which has been paid or is payable by Borrower to Lender under this Note.

  • Acquisition Indebtedness means any Indebtedness of the Company or any Subsidiary that has been incurred for the purpose of financing, in whole or in part, an Acquisition and any related transactions (including for the purpose of refinancing or replacing all or a portion of any related bridge facilities or any pre-existing Indebtedness of the Persons or assets to be acquired); provided that either (a) the release of the proceeds thereof to the Company and the Subsidiaries is contingent upon the substantially simultaneous consummation of such Acquisition (and, if the definitive agreement for such Acquisition is terminated prior to the consummation of such Acquisition, or if such Acquisition is otherwise not consummated by the date specified in the definitive documentation evidencing, governing the rights of the holders of or otherwise relating to such Indebtedness, then, in each case, such proceeds are, and pursuant to the terms of such definitive documentation are required to be, promptly applied to satisfy and discharge all obligations of the Company and the Subsidiaries in respect of such Indebtedness) or (b) such Indebtedness contains a “special mandatory redemption” provision (or a similar provision) if such Acquisition is not consummated by the date specified in the definitive documentation evidencing, governing the rights of the holders of or otherwise relating to such Indebtedness (and, if the definitive agreement for such Acquisition is terminated prior to the consummation of such Acquisition or such Acquisition is otherwise not consummated by the date so specified, such Indebtedness is, and pursuant to such “special mandatory redemption” (or similar) provision is required to be, redeemed or otherwise satisfied and discharged within 90 days of such termination or such specified date, as the case may be).

  • 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.

  • Excluded Indebtedness means all Indebtedness not incurred in violation of Section 6.01.

  • Public Indebtedness means any payment obligation, including any contingent liability, of any person arising from bonds, debentures, notes or other securities that (A) are, or were intended at the time of issuance to be, quoted, listed or traded on any securities exchange or other securities market (including, without limiting the generality of the foregoing, securities eligible for resale pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (or any successor law or regulation of similar effect)) and (B) have an original maturity of more than one year or are combined with a commitment so that the original maturity of one year or less may be extended at the option of Mexico to a period in excess of one year;

  • Company Indebtedness means all Indebtedness of the Acquired Company and the Acquired Subsidiaries, including (with respect to calculations at or as of the Closing Date) the amount of any prepayment penalty or premium for redemption or repayment thereof on the Closing Date, all calculated in accordance with the Accounting Principles.

  • Restricted Indebtedness means Indebtedness of Holdings, the Borrower or any Subsidiary, the payment, prepayment, repurchase or defeasance of which is restricted under Section 6.09(b).

  • Permitted Subsidiary Indebtedness means any of the following:

  • Permitted Convertible Indebtedness means senior, unsecured Indebtedness of the Borrower or any Restricted Subsidiary that is convertible into shares of common stock of the Borrower (or other securities or property following a merger event, reclassification or other change of the common stock of the Borrower), cash or a combination thereof (such amount of cash determined by reference to the price of the Borrower’s common stock or such other securities or property), and cash in lieu of fractional shares of common stock of the Borrower.

  • Attributable Indebtedness means, on any date, (a) in respect of any capital lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a capital lease.

  • Convertible Indebtedness means Indebtedness of the Parent that is convertible into common Equity Interests of the Parent (and cash in lieu of fractional shares) and/or cash (in an amount determined by reference to the price of such common Equity Interests).

  • Settlement Indebtedness means any payment or reimbursement obligation in respect of a Settlement Payment.

  • Permitted Indebtedness means, without duplication, each of the following:

  • Designated Indebtedness means any Indebtedness that has been designated by the Borrower at the time of the incurrence thereof as “Designated Indebtedness” for purposes of this Agreement in accordance with the requirements of Section 6.01.

  • Securitization Indebtedness means (1) Indebtedness of the Issuer or any of its Restricted Subsidiaries incurred pursuant to on-balance sheet Securitizations treated as financings and (2) any Indebtedness consisting of advances made to the Issuer or any of its Restricted Subsidiaries based upon securities issued by a Securitization Entity pursuant to a Securitization and acquired or retained by the Issuer or any of its Restricted Subsidiaries.

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Receivables Facility Attributed Indebtedness means the amount of obligations outstanding under a receivables purchase facility on any date of determination that would be characterized as principal if such facility were structured as a secured lending transaction rather than as a purchase.

  • Recourse Indebtedness means Indebtedness that is not Non-Recourse Indebtedness; provided that personal recourse for Customary Recourse Exceptions shall not, by itself, cause such Indebtedness to be characterized as Recourse Indebtedness.

  • Purchase Money Indebtedness means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), incurred at the time of, or within 20 days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof.

  • Permitted Secured Indebtedness any Secured Indebtedness that: