Vendor Debt definition

Vendor Debt means any Indebtedness of the Company or any Subsidiary to any vendor of tires.
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Vendor Debt means any purchase money Indebtedness of the Corporation or any Subsidiary incurred in connection with the acquisition of Telecommunications Related Assets.
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Vendor Debt means all vendor debt and trade payables of Borrower in connection with the acquisition by the Borrower of a Marine Container (including a Marine Container subject to a Finance Lease).
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Examples of Vendor Debt in a sentence

  • Department of Administration South Carolina State University Vendor Debt $ 4,000,000 (20.1) Of the funds appropriated above in item 20 for South Carolina State University Vendor Debt, the Department of Administration, Executive Budget Office shall review all outstanding vendor debt to determine the vendors with the most aged outstanding accounts and shall utilize the $4,000,000 to pay the accounts for which settlement of the outstanding debt would be most advantageous to the university.

  • The Division of Child Support Enforcement (DCSE) and the Department of Accounts work together to collect child support through the Comptroller Vendor Debt Setoff Collection Act.

  • Marconi paid Philips US$12 million on 19th July, 2002 and was released from liabilities in relation to the warranty in respect of the non-US Vendor Debt (Latin American debt) which was rescinded and in relation to the indemnity for breach of representation.

  • Operation of Set Off The Second Vendor Debt Balance and the Retention shall be available for satisfaction of any payment for which the Vendor is liable under any provision of this Agreement and/or the Tax Deed, including (without limitation) any payment in respect of any breach of Warranty and any Negative Adjustment.

  • For the avoidance of doubt, if the provisions of clause 3.3(A) or clause 3.3(D) apply the balance of the Second Vendor Debt Balance shall be paid in accordance with clause 3.11 and the balance of the Retention Amount shall be held in the Retention Account pending the Retention Release Date and, in each case subject to any other adjustments pursuant to clause 15.3, in accordance with clause 15.4 and 15.5. * - Confidential Treatment Requested.


More Definitions of Vendor Debt

Vendor Debt means any Debt incurred (x) pursuant to the facility contemplated by the Financing Commitment Letter or (y) pursuant to any agreement with one or more other vendors, suppliers or lessors of equipment (including any facility entered into with any vendor, supplier or lessor or any financial institution acting on behalf of any vendor, supplier or lessor as such agreement may be amended, modified, supplemented, refunded, refinanced, restructured, renewed or replaced from time to time (whether in whole or in part, whether with the original agent or lenders or other agents or lenders and whether provided under the original agreement or otherwise).
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Vendor Debt means all Indebtedness of SSWG and its Subsidiaries to any person from whom any Group Entity has acquired, prior to, on, or after the date of this Agreement, an Acquired Company;
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Vendor Debt means any Indebtedness of the Company incurred in connection with or pursuant to agreements entered into between the Company and any of its suppliers.
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Vendor Debt has the meaning specified in Section 9.8.
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Vendor Debt means a loan by the Joint Marketing Vendor to the Borrower in the amount of up to $10,000,000 (subject to the restrictions set forth in Section 7.2.2(o)), as set forth in written agreements and related documents reasonably satisfactory to the Collateral Agents (including subordination or intercreditor agreements as may be reasonably required by the Collateral Agents).
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Vendor Debt means a Debt found to be legitimately owed by the Blind Operator to an industry vendor (i.e. food or beverage manufacturer or distributor, or other vendor to the Blind Operator).
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