Foreign Subsidiary Obligations

Example Definitions of "Foreign Subsidiary Obligations"
Foreign Subsidiary Obligations. Means all obligations of any of the Foreign Subsidiaries to any of the Motorola Parties, however created, arising or evidenced, whether direct or indirect, absolute or contingent, now existing or hereafter arising or acquired, including, without limitation: (a) all obligations of any of the Foreign Subsidiaries under any of the Brightstar Documents; (b) the payment of any invoices that any of the Motorola Parties has rendered or may render in the future against any of the Foreign Subsidiaries;... (c) the payment of any contracts or other evidences of indebtedness that any of the Foreign Subsidiaries may deliver to any of the Motorola Parties for goods or services; (d) the payment of any applicable taxes of any kind that may arise out of or relate to clause (a), (b) or (c) that may be levied against any of Security Agreement (Foreign Subsidiaries) - Page 1 the Motorola Parties by a proper taxing authority; (e) the payment of any interest, penalty or late charge that may arise out of or relate to the failure of any of the Foreign Subsidiaries to pay any of the Motorola Parties, whether (i) assessed by any of the Motorola Parties against any of the Foreign Subsidiaries as part of the normal collection practices of any of the Motorola Parties; or (ii) assessed by others against any of the Motorola Parties; (f) the payment of principal, interest and any other amounts due or to become due, whether by acceleration or otherwise, under all other obligations of any of the Foreign Subsidiaries to any of the Motorola Parties, and (g) the payment of any costs or expenses incurred by any of the Motorola Parties in collecting all or any portion of the foregoing or in obtaining, preserving, perfecting and enforcing any security interest granted by any of the Foreign Subsidiaries or in maintaining, preserving and collecting the property subject to any such security interest. View More Arrow
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