Xxxxxxx Obligations definition

Xxxxxxx Obligations means the indemnification obligations of the Borrower existing on the date hereof in favor of Xxxxxxx Purina Company with respect to its guaranty of the obligations of Xxxxxxx Resorts, Inc. under the Sports Facilities Refunding Revenue Bonds identified on Schedule 3.08.

Xxxxxxx Obligations means Obligations consisting of (i) the Borrower's obligation to pay (x) the principal amount of the Xxxxxxx Term Loans as evidenced by the account entries kept by the Administrative Agent, pursuant to Section 2.08 of the Credit Agreement and (y) interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such a proceeding), fees, indemnities, cost reimbursements and similar amounts directly attributable to the principal amounts of the Xxxxxxx Term Loans and (ii) each other Loan Party's obligations under the Guarantee Agreement in respect of its guarantee of the obligations referred to in clause (i) above.

Xxxxxxx Obligations means the note payable, the consulting agreement payments and the noncompetition agreement payments due from Seller to Xxxxxx Xxxxxxx as set forth on Schedule 4.7(b).

Examples of Xxxxxxx Obligations in a sentence

• Unless otherwise agreed to be the Requisite Equityholders, if the Initial Public Offering is not consummated on or prior to August 1, 2011, or immediately prior to the Initial Public Offering the Company has not satisfied the Xxxxxxx Obligations, then this Agreement shall automatically terminate and be of no force and effect.

• The Xxxxxxx Obligations are deemed satisfied for purposes of Section 5.14 of the Recapitalization Agreement.

• The Borrower will not, nor will it ----------------------- permit any Subsidiary to, make or suffer to exist any Contingent Obligation (including, without limitation, any Contingent Obligation with respect to the obligations of a Subsidiary), except (a) by endorsement of instruments for deposit or collection in the ordinary course of business, (b) the Subsidiary Guaranty and (c) the Xxxxxxx Obligations.

• After the Closing, Purchaser shall pay Seller for one half of the Xxxxxxx Obligations (which are Excluded Liabilities) as and when due to Xxxxxxx, provided that Purchaser shall not be obligated to pay more than $122,500 under this Section 7.16.

• The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Contingent Obligation (including, without limitation, any Contingent Obligation with respect to the obligations of a Subsidiary), except (a) by endorsement of instruments for deposit or collection in the ordinary course of business, (b) the Subsidiary Guaranty and (c) the Xxxxxxx Obligations.

More Definitions of Xxxxxxx Obligations

Xxxxxxx Obligations means the indemnification obligations of the Company existing on the date of Closing in favor of General Xxxxx Inc. with respect to its indemnification of Xxxxxxx Purina Company, as more fully described in Note 14 of the Company’s Annual Report on Form 10-K for the year ended September 30, 2002 under “Other Contingencies.”

Xxxxxxx Obligations means those obligations for Automotive Materials which a Xxxxxxx or Voluntary Reporter, as applicable, is responsible pursuant to the Legislation;

Xxxxxxx Obligations means the obligations of XXXXXX to pay the sums, build and construct the improvements, dedicate the lands and improvements and undertake and perform the other actions described in Section 3.

Xxxxxxx Obligations means all of the obligations of the Xxxxxxx and H.S. Xxxxxx Xxxxxx as the Xxxxxxx’ representative that are stated or are by their nature intended under the April 2022 Share Purchase Agreement to survive the completion of the transactions under the April 2022 Share Purchase Agreement, including without limitation under sections 12, 16, 17 and 18 thereof; “Lands” means:

Xxxxxxx Obligations means all obligations owing to Xxxx X. Xxxxxxx, D.M.D., Xxxx X. Xxxxxxx, D.M.D., Inc. and Xxxxxxx Acquisition Company (collectively, "Xxxxxxx") under the Forbearance Agreement dated as of July 17, 2002.

Xxxxxxx Obligations. The Xxxxxx’x obligations under this Agreement shall include the following: x. Xxxxxx shall use its best effort to purchase all production materials necessary for the production of the Product (herein “Production Materials”) such as hops, malt, yeast and filtration aides. Xxxxxx shall use its best effort to purchase all production materials necessary for the bottling & packaging of the Product (herein “Bottling & Packaging Materials”) such as caps, labels, bottles, and cardboard containers. Xxxxxx shall maintain the Production Materials and Bottling and Packaging Materials for their useful life and shall be solely responsible for the spoilage, destruction, loss or damage of any of the Production Materials. x. Xxxxxx shall manufacture the Product in accordance and consistent with the specifications (the “Specifications”) attached hereto as Exhibit A. If any production material can not be acquired at a reasonable cost or schedule, Xxxxxx shall notify Contractor of the shortage, recommend modifications to the Specifications, and request a variance from the Specifications, which will not be unreasonable withheld by Contractor. x. Xxxxxx shall package some of the Product in Bottling & Packaging Materials approved by Contractor, which approval shall not be unreasonably withheld or delayed. Xxxxxx shall not package the Product in non-conforming Bottling & Packaging Materials unless first approved by Contractor. x. Xxxxxx shall package the remainder of the Product in leased (Microstar) kegs or kegs provided by Contractor. x. Xxxxxx shall keep records tracking the purchase, storage, and use of all organic ingredients in accordance with the requirements of California Crop Improvement Association (CCIA) in order to maintain the organic certification (the “Certification”) for the Product. x. Xxxxxx shall warehouse finished goods in accordance with Xxxxxx’x customary manner. Xxxxxx will be called upon from time to time to help arrange shipping for Product on behalf of Contractor to its distributors. Any such shipping shall be performed in accordance with Xxxxxx’x customary manner. All costs for freight and shipping from Xxxxxx’x production facility shall be paid by Contractor directly to the carrier. x. Xxxxxx shall obtain all necessary Certificate of Label Approval from the TTB and the State of California. Xxxxxx shall pay all excise taxes.

Xxxxxxx Obligations means, collectively, (a) FW LLC's obligations under the $20,350,000 4.9% 1997 Construction (Equity) Bonds and (b) the subordinated obligations under the Exit Funding Agreement relating to the $95,000,000 7.25% 1999 Series C Term Bonds and the $18,000,000 7.0% 1999 Series D Accretion Bonds.