Xxxxxx Debt definition

Xxxxxx Debt means the indebtedness incurred by the Borrower as represented by the Xxxxxx Notes.

Xxxxxx Debt has the meaning assigned to such capitalized term in paragraph 7.2(j) of this Agreement. For the purposes of this Agreement, the term Xxxxxx Debt shall only include the one-half of the debt evidenced by the Company’s Bridge Note in the principal amount of $50,000 (the “Xxxxxx Bridge Note”) issued to Xxxxxx on September 30, 2005.

Xxxxxx Debt all outstanding Debt of Obligors to Xxxx Xxxxxx, including all Debt under that certain Amended and Restated Secured Subordinated Promissory Note dated as of the date hereof, by the Obligors in favor of Xxxx Xxxxxx in an original principal amount of $500,000. Sears Branded Inventory: all Inventory of the Obligors that is marked or labeled with a trade name, trademark, logo, service xxxx or other xxxx or name owned or licensed by Sears Xxxxxxx and Co. or its Affiliates.

Examples of Xxxxxx Debt in a sentence

• In the event that all or a portion of the Xxxxxx Debt Financing becomes unavailable on the terms and conditions contemplated by the Xxxxxx Debt Financing or from sources contemplated in the Debt Commitment Letter, each of the Xxxxxx Parties and Azure shall use its Reasonable Best Efforts to obtain the funds necessary for Xxxxxx to consummate the transactions contemplated by this Agreement to the extent available on substantially similar terms and conditions as set forth in the Debt Commitment Letter.

• From this result the researcher concludes the bank is losing from large; Credit risk, tax payment and operating expenses it owns.

• Notwithstanding anything in this Section 8.7 to the contrary, nothing in this Section 8.7 shall be deemed to apply to the obligations of the Parties with respect to obtaining the Xxxxxx Debt Financing or the Azure Debt Consents, which are more specifically addressed in Section 8.14.

• Providing for the addition of a stock conversion feature to the Xxxxxx Debt.

• As of the Execution Date, there are no side letters or agreements to which Xxxxxx or any of its Subsidiaries is a party related to the funding of the Xxxxxx Debt Financing that would reasonably be expected to adversely affect the availability of the Xxxxxx Debt Financing.

More Definitions of Xxxxxx Debt

Xxxxxx Debt means the Debt contemplated by the Merger Agreement to be Debt of Xxxxxx and its Subsidiaries as of the Effective Time.

Xxxxxx Debt means certain indebtedness (consisting of two term loans) currently owed by Xxxxxx to MetLife in the aggregate outstanding principal amount of Twelve Million and No/100 Dollars ($12,000,000.00) evidenced by two long-term loan agreements.

Xxxxxx Debt means all obligations of any Credit Party arising under the Xxxxxx Loan Documents (except for Letter of Credit Debt).

Xxxxxx Debt means all existing and future indebtedness, obligations and liabilities of Customer or any Guarantor under, pursuant to, evidenced by or in connection with the Xxxxxx Loan Documents. “Xxxxxx Loan Documents” shall mean, collectively, (a) that certain Term Loan Credit Agreement, dated on or about the date hereof, by and among Customer and/or certain affiliates of Customer, Xxxxxx Inc. and (b) all agreements, documents or instruments at any time executed or delivered in connection therewith, in each case, as amended or otherwise modified from time to time. “Xxxxxx Intercreditor Agreement” shall mean that certain Intercreditor and Subordination Agreement, dated on or about the date hereof, by and between Wintrust and the holder(s) of the Xxxxxx Debt or the agent on behalf of such holders, as amended or otherwise modified from time to time. “Xxxxxx Permitted Payments” means payments in respect of Xxxxxx Debt pursuant to the Xxxxxx Loan Documents (as in effect on the date hereof as modified in accordance with the Xxxxxx Interceditor Agreement) other than voluntary prepayments of principal thereof. For the avoidance of doubt, “Xxxxxx Permitted Payments”

Xxxxxx Debt means the indebtedness of 800-FLOWERS, Inc. to XxXxxx described in Footnote 3(A) of the June 30, 1994 Financials Statement of the Company and its subsidiaries included in the Financials, the principal amount of which on the date of this Agreement, together with accrued and unpaid interest thereon as of such date, is approximately $4,956,000.

Xxxxxx Debt means any and all amounts owing by TBC or any of the TBC Subsidiaries in connection with the outstanding promissory note payable to Xxxxx X. Xxxxxx, which, as of the Effective Date, will not exceed $1,250,000 (plus accrued interest).

Xxxxxx Debt means the amounts due and payable, including principal, interest and any satisfaction fees or expenses, under the following: (i) the Equipment Note dated July 11, 2000 between Xxxxxx and Bank One Leasing Corporation; (ii) the Equipment Note dated December 28, 2000 between Xxxxxx and Bank One Leasing Corporation; (iii) the Equipment Note dated July 13, 2001 between Xxxxxx and Bank One Leasing Corporation; (iv) the Equipment Note dated December 10, 2001 between Xxxxxx and Bank One Leasing Corporation; (v) the Note dated May 30, 2002 between Xxxxxx and National Machine Tool Financial Corporation (as assigned to TCF Leasing, Inc. on or about June 12, 2002); (vi) the Note dated July 3, 2002 between Xxxxxx and National Machine Tool Financial Corporation (as assigned to TCF Leasing, Inc. on or about September 9, 2002); (vii) the Credit Agreement dated August 30, 2002 between Xxxxxx and Bank One, N.A., as amended by the Amendment to Credit Agreement by and between Xxxxxx and Bank One, N.A. dated June 15, 2003, and the Second Amendment to Credit Agreement by and between Xxxxxx and Bank One, N.A. dated June 30, 2004; and (viii) any other long term debt and other long term liabilities, including interest, fees, premiums and penalties, if any, outstanding immediately prior to the Closing Date.