BORROWED MONIES Sample Clauses

The 'Borrowed Monies' clause defines the treatment and obligations related to funds that a party has obtained through loans or other forms of borrowing. Typically, this clause outlines what constitutes borrowed monies, such as bank loans, credit facilities, or other debt instruments, and may specify how these funds are to be used or repaid within the context of the agreement. Its core practical function is to clearly delineate the responsibilities and limitations regarding borrowed funds, thereby preventing misunderstandings and managing financial risk between the parties.
BORROWED MONIES. So far as the Vendors are aware, no Group Company has received any written notice in the six months prior to the date of this Agreement to repay under any agreement relating to any debt which is repayable on demand or that it is in material default under the terms of any borrowing made by it.
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BORROWED MONIES. ▇▇▇▇▇▇▇▇ shall not create, incur, assume, guarantee or be or remain liable with respect to any Indebtedness for Borrowed Money, other than Indebtedness that is subordinate pursuant to a Subordination Agreement, in form and substance satisfactory to Mortco, to the Indebtedness contemplated in the Related Documents, except for the Indebtedness described in Schedule 6.9.
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BORROWED MONIES. The Seller is not in default in any respect under, and is not otherwise in violation or contravention of, any of the terms and provisions of any agreement for the repayment of borrowed monies. All notes and other documents and instruments evidencing or relating to indebtedness for borrowed monies by the Seller and which relate to any of the Assets will be identified in Schedule 9(a)(xvi).
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BORROWED MONIES. 13 3.21 Absence of Certain Changes, Events or Conditions. . . . . . . . . . . . . . . . . . . . . . . . . . . 14 3.22 Tax Returns and Audits. . . . . . . . . . . . . . . . . . . . . 14 3.23 Litigation. . . . . . . . . . . . . . . . . . . . . . . . . . . 15 3.24
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BORROWED MONIES. None of the Mesa Companies or Subsidiaries is in default or in violation of any agreement or note for the payment of borrowed monies. Copies of all notes and other documents relating to indebtedness for borrowed monies by any Mesa Company or Subsidiaries are identified on an appropriate schedule hereto.
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BORROWED MONIES. The Company has not incurred any indebtedness for borrowed monies which is outstanding and the Company is not in default in any respect under, and is not otherwise in violation re contravention of, any of the terms and provisions of any agreement for the repayment of borrowed monies. Copies of all notes and other documents and instruments evidencing or relating to indebtedness for borrowed monies by the Company have been delivered previously by Sellers to Buyer and are listed on Schedule 5.9.
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BORROWED MONIES. AWW is not in default or in violation of any agreement or note for the payment of borrowed monies. Copies of all notes and other documents relating to indebtedness for borrowed monies by AWW have been provided to Liquids.
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Related to BORROWED MONIES

  • Borrowed Money The amount that will be lent to the Borrower by the Lender should be documented in the Second Section as requested by the line following the dollar (“$”) symbol. This dollar amount must represent the exact amount of money that the Lender shall deliver to the Borrower and should not include any interest charges. III.

  • Indebtedness for Borrowed Money Except for the Obligations and except as set forth in Schedule 4.1.13 attached hereto and made a part hereof, the Borrowers have no Indebtedness for Borrowed Money. The Lender has received photocopies of all promissory notes evidencing any Indebtedness for Borrowed Money set forth in Schedule 4.1.13, together with any and all subordination agreements, other agreements, documents, or instruments securing, evidencing, guarantying or otherwise executed and delivered in connection therewith.

  • Receivables and Payables Lessee shall be entitled to retain all cash, bank accounts and house banks, and to collect all Gross Revenues and accounts receivable accrued through the termination date. Lessee shall be responsible for the payment of Rent, all Gross Operating Expenses and all other obligations of Lessee accrued under this Lease as of the termination date, and Lessor or Lessor’s nominee shall be responsible for all Gross Operating Expenses of the Hotel accruing after the termination date.

  • Intercompany Indebtedness The Company shall not create, incur, assume or otherwise become or remain directly or indirectly liable with respect to any Indebtedness arising from loans from any Subsidiary to the Company unless (a) such Indebtedness is unsecured and (b) such Indebtedness shall be expressly subordinate to the payment in full in cash of the Obligations on terms satisfactory to the Administrative Agent.

  • Funded Debt 4 GAAP........................................................................................................4