Vendor Debt definition

Vendor Debt means any Indebtedness of the Company or any Subsidiary to any vendor of tires.
Vendor Debt means any purchase money Indebtedness of the Corporation or any Subsidiary incurred in connection with the acquisition of Telecommunications Related Assets.
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).

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from liabilities in relation to the warranty in respect of the non-US Vendor Debt (Latin American debt) which was rescinded and in relation to the indemnity for breach of representation.

  • The Borrower will discharge all Vendor Debt, and ensure that all Liens securing such Vendor Debt are released or terminated, with respect to any Owner Container within ninety (90) days after the Funding Date of the Loan used to pay the purchase price for such Owner Container.

  • The temporary pole or tower may not have any signs; may not be illuminated, except as required by the FAA or Department of Defense; and must be removed within two years of the date that it is erected, unless the Planning Commission grants a one year extension.


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).
Vendor Debt means any purchase money Indebtedness of the Company or any Subsidiary incurred in connection with the acquisition of Telecommunications Related Assets and which purchase money Indebtedness was extended by the vendor of such Telecommunications Related Assets or an affiliate thereof.
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;
Vendor Debt has the meaning specified in Section 9.8.
Vendor Debt means all outstanding amounts owed by the Company pursuant to the vendor financing facilities listed in Part 2 of Schedule 6;
Vendor Debt means one or more promissory notes payable by the Vendor in favour of the Company, including, without limitation, one for $10,176,044.