Transferred Debt definition

Transferred Debt has the meaning set forth in Section 2.3(b) hereof.

Transferred Debt means indebtedness for borrowed money of Avnet Technology Solutions Sanayi ve Ticaret A.S. outstanding as of the Closing.

Transferred Debt has the meaning set forth in the Reorganization Agreement.

Examples of Transferred Debt in a sentence

• All instruments and agreements reasonably required by the Lender in connection with the transfer of the Transferred Debt to Heritage LP, executed by Heritage LP, if required; and the disbursements by Heritage LP of the REIT Capital Contribution to the Lender on behalf of Heritage LP in accordance with Section 2.3 hereof in order to repay in full such portion of the Mortgage Debt that is not Transferred Debt.

• Interest accrued through the day prior to the Closing Date and not yet due and payable and any principal, interest and other amounts due and payable at the Closing Date pursuant to the Transferred Debt; provided, however, transfer fees due and payable to holders of Transferred Debt shall be paid in accordance with Section 8.9 hereof.

• The Lender shall have consented to the transfer of the Property subject to the Transferred Debt as contemplated by Section 2.3, or Heritage LP shall have agreed to refinance or pay off such Mortgage Debt.

• The parties acknowledge that the Transferred Debt to be assumed has Escrow Accounts.

• Represents the exchange of the Transferred Debt into shares of Pubco Series A Preferred Stock at an exchange price of $10.00 per share of Pubco Series A Preferred Stock at the Acquisition Merger Closing.

More Definitions of Transferred Debt

Transferred Debt means the debt of the Highways and Transportation Authority and the Metropolitan Bus Authority incurred on or before June 30, 2015, and designated by the Authority as the ‘Transferred Debt.’

Transferred Debt means a +trading debt which you transfer or should transfer to us.

Transferred Debt means (i) $7,179,346 of principal, interest and other obligations in respect of the mortgage with respect to the Pittsfield (Berkshire) distribution center, (ii) $3,225,800 of principal, interest and other obligations in respect of the capitalized lease with respect to the Metro (Mt. Pocono, PA) distribution center and (iii) $353,786 of principal, interest and other obligations with respect to the COMDISCO and XXxxxx.xxx capitalized leases.

Transferred Debt means any Debt purchased by the Purchaser under any Receivables Purchase Agreement.

Transferred Debt has the meaning set out in the Restated JV Contract.

Transferred Debt means all liabilities, obligations and commitments of Alba with respect to that portion equal to a principal amount of $28,000,000 of Alba's outstanding bank indebtedness under the Credit Agreement, dated December 13, 1999, with the Alba Lenders, as amended (the "Alba Credit Agreement"), which portion of Alba's outstanding bank indebtedness may be represented in the form of a new promissory note or another form of indebtedness.

Transferred Debt means (i) $7,179,346 of principal, interest and other obligations in respect of the mortgage with respect to the Pittsfield (Berkshire) distribution center, (ii) $3,225,800 of principal, interest and other obligations in respect of the capitalized lease with respect to the Metro (Mt. Pocono, PA) distribution center and (iii) $353,786 of principal, interest and other obligations with respect to the COMDISCO and KBkids.com capitalized leases.