Incur
Incur. Means to create or assume, as well as incur, Debt, and, for purposes of this definition, Debt that may be incurred in multiple borrowings at the same or different times or borrowed, repaid and re-borrowed is deemed incurred at the time of authorization thereof by the Board and not at the time of borrowing or re-borrowing
Found in
Comstock Mining Inc. contract
Incur. Means issue, assume, guarantee, incur or otherwise become liable for; provided, however, that any Indebtedness or Capital Stock of a Person existing at the time such Person becomes a Subsidiary (whether by merger, consolidation, acquisition or otherwise) shall be deemed to be incurred by such Subsidiary at the time it becomes a Subsidiary.
All Definitions
Found in
Virgin America Inc. contract