Transaction Obligations definition

Transaction Obligations has the meaning assigned to such term in Section 9.14.
Transaction Obligations means all obligations, including Obligations, owing from time to time by the Parent, Fuels or LW and any of their respective Subsidiaries to Macquarie pursuant to this Agreement, the Guaranty or any other Transaction Document and shall include, without limitation, (a) all principal, premium, if any, reimbursement obligations, interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) in accordance with the relevant Transaction Document and (b) all fees, costs, expenses, indemnifications, damages, guarantees, and charges and other liabilities or amounts incurred in connection with any of the Transaction Documents and provided for thereunder, in the case of each of clause (a) and clause (b) whether before or after commencement of an Insolvency or Liquidation Proceeding and irrespective of whether any claim for such interest, fees, costs, expenses, indemnifications, damages, guarantees, charges or other liabilities or amounts is allowed as a claim in such Insolvency or Liquidation Proceeding.
Transaction Obligations has the meaning defined in Section 3.1 of the Sponsor Agreement.

Examples of Transaction Obligations in a sentence

  • Unless otherwise provided in the Transaction Documents, all covenants, agreements, indemnities, representations and warranties made in any of the Transaction Documents survive and continue in effect as long as the Transaction Obligations are outstanding.

  • Zero Hash may employ a similar process in relation to the failure of a Participant to cover Transaction Obligations on a Transaction Platform that is not a Seed Trading Venue.

  • Amend, supplement or otherwise modify any of the provisions of any Lease Transaction Obligations in a manner that adversely affects the interests of the Lenders under this Agreement or any other Loan Document in any material respect.

  • In the event that a Participant fails to cover its Transaction Obligations by the time required by the Seed Trading Venue, Zero Hash will inform the relevant Seed Trading Venue, which will then initiate the Default Event Procedure defined above to protect the Counterparty to the Transaction and the stability of the Seed Trading Venue, as per the Seed Trading Venue's rules and procedures.

  • Zero Hash shall liquidate some or all of Participant’s assets to cover outstanding Transaction Obligations.

  • Zero Hash prevents withdrawals from a Participant’s Available Account if Participant has any outstanding Transaction Obligations or outstanding accrued fees.

  • Zero Hash will report the Transaction Obligations to Participant and to the relevant custodian for capital movements, and, depending on the particular Transaction, Initial Margin may be transferred directly to (from) Participant's Available Account from (to) Participant's Collateral Account, increasing (decreasing) Available Account for Participant.

  • As of the Closing Date, none of the Credit Parties nor any of their Subsidiaries is a party to any Lease Transaction Obligations other than as listed on Schedule 5.25 hereto.

  • Zero Hash shall prevent withdrawals from a Participant's Available Account if Participant has any outstanding Transaction Obligations or outstanding accrued fees.

  • To calculate the Transaction Obligations each Participant has due to open Transactions, if any, Zero Hash may use any of the following information: (1) the Compression Run results as calculated by Zero Hash; (2) the Initial Margin requirements as calculated by Zero Hash; (3) index values published by Zero Hash; (4) published settlement price data from each Transaction Platform; and (5) transaction information provided by each Transaction Platform.


More Definitions of Transaction Obligations

Transaction Obligations means all obligations, including Obligations, owing from time to time by the Parent, Vertex Refining, the Company and any of the Company’s Subsidiaries to Macquarie pursuant to this Agreement, the Guaranties or any other Transaction Document to which it is a party and shall include, without limitation, (a) all principal, premium, if any, reimbursement obligations, interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding, accrue) in accordance with the relevant Transaction Document and (b) all fees, costs, expenses, indemnifications, damages, guarantees, and charges and other liabilities or amounts incurred in connection with any of the Transaction Documents and provided for thereunder, in the case of each of clause (a) and clause (b) whether before or after commencement of an Insolvency or Liquidation Proceeding and irrespective of whether any claim for such interest, fees, costs, expenses, indemnifications, damages, guarantees, charges or other liabilities or amounts is allowed as a claim in such Insolvency or Liquidation Proceeding; provided, however, that, for the avoidance of doubt, obligations of the Company pursuant to the Vertex Renewables Guaranty shall not constitute “Transaction Obligations”.
Transaction Obligations means all obligations and liabilities of each Transaction Party under any Transaction Document, in each case however created, arising, or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing, or due or to become due.
Transaction Obligations means all obligations due and owing or that may become due and owing and any and all performance obligations, including in respect of covenants and obligations to be performed pursuant to this Agreement and all other Transaction Documents, in each case, from time to time by the Company and any of its Subsidiaries, including, without limitation, Designated Affiliates, to Macquarie or any of its Affiliates, including, without limitation, Designated Affiliates, pursuant to this Agreement or any other Transaction Document and all outstanding transactions hereunder and thereunder, and shall further include, without limitation, (a) all principal, premium, if any, reimbursement obligations, interest accrued or accruing (or which would, absent commencement of an Insolvency or Liquidation Proceeding,
Transaction Obligations means each and every covenant ----------------------- and obligation of Tenant to Landlord created in or arising under the Sublease and each of the other Transaction Documents, including, but not limited to, the payment of all rent, property taxes, insurance premiums, amounts owing under any indemnities, and any and all other charges or sums, or any portion thereof, to accrue or become due from Tenant to Landlord pursuant to the terms of the Sublease.

Related to Transaction Obligations

  • Indemnification Obligations means each of the Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents, board resolutions, management or indemnification agreements, or employment or other contracts, for their current and former directors, officers, managers, employees, attorneys, accountants, investment bankers, and other professionals and agents of the Debtors, as applicable.

  • Indemnification Obligation means any existing or future obligation of any Debtor to indemnify current and former directors, officers, members, managers, agents or employees of any of the Debtors who served in such capacity, with respect to or based upon such service or any act or omission taken or not taken in any of such capacities, or for or on behalf of any Debtor, whether pursuant to agreement, the Debtors’ respective memoranda, articles or certificates of incorporation or formation, corporate charters, bylaws, operating agreements, limited liability company agreements, or similar corporate or organizational documents or other applicable contract or law in effect as of the Effective Date, excluding any obligation to indemnify any of the foregoing parties with respect to any act or omission for or on behalf of the Debtors arising out of any act or omission determined by a Final Order to constitute actual fraud, willful misconduct, or gross negligence.

  • Indemnity Obligations means all obligations of the Company to Indemnitee under this Agreement, including the Company’s obligations to provide indemnification to Indemnitee and advance Expenses to Indemnitee under this Agreement.

  • Conversion Obligation shall have the meaning specified in Section 14.01(a).

  • Reference Obligations The residential mortgage loans identified on ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇/creditriskofferings/security_data.html.