Xxxxxx Indebtedness definition

Xxxxxx Indebtedness means all outstanding principal and accrued ------------------- unpaid interest thereon payable by the Borrower to Xxxxxx Trust and Savings Bank pursuant to that Unsecured Note made by the Borrower in favor of Xxxxxx Trust and Savings Bank on July 16, 1999.
Xxxxxx Indebtedness means such term as defined in Section 8.1.
Xxxxxx Indebtedness means all principal, interest and other amounts owed by Pledgor and Xxxxx to Xxxxxx pursuant to that certain Secured Installment Promissory Note dated September 19, 1998, a copy of which is attached hereto as Exhibit "A" (the "Xxxxxx Note"), as well as all amounts owed by Pledgor to Xxxxxx pursuant to this Agreement.

Examples of Xxxxxx Indebtedness in a sentence

  • Notwithstanding the foregoing, payments of principal and interest may be made by VMC on the Xxxxxx Indebtedness in consecutive monthly installments of $34,904.47, as set forth in the Xxxxxx Seller Note.

  • Borrower will not permit any “default” or “event of default” to occur under (i) the Xxxxxx Indebtedness, the M/I Homes Indebtedness, the Highland Indebtedness, the Xxxxx Indebtedness, or the Xxxxxx Xxxxx Indebtedness, or (ii) any other documents evidencing any Indebtedness if the same may have a material adverse effect on Borrower, the Mortgaged Property, or Borrower’s ability to repay the Loan.

  • The objective of this study is to make a final design which can be acceptable to assist the visually-impaired person in fulfilling their personal cooking and life demands.

  • A procedure for the dynamic synthesis of redundant manipulator trajectories 34 was proposed for the first time in 1984.

  • At the Closing (as defined in --------------------------- Section 1C below), the Company shall apply the Net Proceeds as follows: (i) first, the Net Proceeds shall be used to fully repay the Xxxxxx Indebtedness; and (ii) second, the remaining amount of Net Proceeds shall be retained by the Company for working capital and other general corporate purposes, including possible acquisitions.


More Definitions of Xxxxxx Indebtedness

Xxxxxx Indebtedness means the Subordinate Indebtedness owed by the Borrower and the Borrower’s Subsidiaries to Xxxxxx and other lenders of approximately $40,000,000, as evidenced by that certain Subordinate Unsecured Term Loan Agreement dated as of January 10, 2003, between the Borrower, Xxxxxx, as administrative agent and lender, and certain other financial institutions party thereto, as amended.
Xxxxxx Indebtedness means all indebtedness of the Company under that Securities Purchase Agreement between the Company and Xxxxxx Street Global Opportunity Fund, LLC dated February 15, 2022 (the "Xxxxxx SPA") and each of the Transaction Documents as that term is defined in the Xxxxxx SPA.
Xxxxxx Indebtedness means the Indebtedness of VMC in favor of XXXXXX XXXXX, TRUSTEE OF THE XXXXXXX XXXXX CHILDREN’S TRUST, U/A DATED AUGUST 1, 1988, in an aggregate original principal amount of $5,760,000, as evidenced by the Xxxxxx Seller Note.
Xxxxxx Indebtedness means the $4,000,000 promissory note of TLC payable to Xxxxxx Xxxxxx and the related Pledge Agreement.
Xxxxxx Indebtedness shall include the current portion of any long-term debt and any credit line, Liabilities related to notes payable, mortgages, term loans, cash overdrafts, capitalized leases, equipment loans, revolver borrowings and loans or payables to any shareholder or any employee or affiliate of the Xxxxxx Companies, or any other obligation for borrowed money, and any interest related to any of the foregoing.
Xxxxxx Indebtedness means the Indebtedness of Xxxxxx Realty Services, Inc., a Florida corporation in an aggregate principal amount not to exceed $5,734,000.
Xxxxxx Indebtedness means the indebtedness of no more than $2,500,000 principal amount owing by Xxxxxx Power Partnership under a loan agreement dated October 15, 1993 and made among Xxxxxx Power Partnership (in which FortisBC has a general partnership interest), as borrower, ESI Power-Xxxxxx Corporation, West Kootenay Power Ltd. (formerly called 413569 British Columbia Ltd.) and The Mutual Life Assurance Company of Canada, as lender (replaced by Sun Life Assurance Company of Canada).