Chicago Settlement Obligation

Example Definitions of "Chicago Settlement Obligation"
Chicago Settlement Obligation. The aggregate of (i) Borrower's obligation to David Leibowitz, as Chapter 7 Trustee of McDonough Associates pursuant to an agreement dated April 3, 2017, which obligation will not exceed One Hundred Twenty-Five Thousand Dollars {$125,000) at any time, and (ii) Borrower's obligation to SL PRU LLC pursuant to an agreement dated June 5, 2019, which obligation will not exceed One Million Forty-One Thousand Six Hundred Sixty-Seven Dollars ($1,041,667) at any time.
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