Indebtedness Definition Example with 10 Variations
This page contains an example definition of Indebtedness, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Indebtedness. (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; and (ii) all obligations secured by any lien in property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness created, incurred or maintained in the ordinary...
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Found in
UNITED BANCORP INC contract
Variations
Indebtedness. means and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; and (ii) all obligations secured by any lien in property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness indebtedness created,...
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Indebtedness. means: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; and (ii) all obligations secured by any lien in on property owned by the Company or any Subsidiary Bank whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness indebtedness created, incurred or...
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Found in
California BanCorp contract
Indebtedness. and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company or any Subsidiary of Company; and (ii) all obligations secured by any lien in property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness indebtedness created, incurred or maintained in the ordinary course of the Company's business of Company or the Bank's business any Subsidiary of Company (including, without limitation, federal funds purchased, advances from any Federal Home Loan Bank, secured deposits of municipalities, letters of credit issued by the Company or the Bank and repurchase arrangements) and consistent with customary banking practices and applicable laws and regulations
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CODORUS VALLEY BANCORP INC contract
Indebtedness. means and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company or any Subsidiary of Company; and (ii) all obligations secured by any lien in property on Property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other ...
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Found in
ACNB CORP contract
Indebtedness. means and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company or any Subsidiary of Company; and (ii) all obligations secured by any lien in property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness indebtedness created, incurred or maintained in the ordinary course of the Company's business of Company or the Bank's business any Subsidiary of Company (including, without limitation, federal funds purchased, advances from any Federal Home Loan Bank, secured deposits of municipalities, letters of credit issued by the Company or the Bank and repurchase arrangements) and consistent with customary banking practices and applicable laws and regulations regulations.
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Indebtedness. and includes: (i) all items obligations arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company or any Subsidiary of Company; and (ii) all obligations secured by any lien in on property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other ...
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Found in
CIVISTA BANCSHARES, INC. contract
Indebtedness. and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; and (ii) all obligations secured by any lien in property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other Indebtedness indebtedness created, incurred or...
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Found in
Eagle Bancorp Montana, Inc. contract
Indebtedness. (i) (a) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; and (ii) (b) all obligations secured by any lien in on property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; assumed by the Company or any Subsidiary; provided, however, Indebtedness shall not include deposits or other ...
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Found in
QUAINT OAK BANCORP INC contract
Indebtedness. means and includes: (i) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company or any Subsidiary of Company; and (ii) all obligations secured by any lien in on property owned by the Company or any Subsidiary whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits or other...
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Indebtedness. (i) and includes: (a) all items arising from the borrowing of money that, according to GAAP as in effect from time to time, would be included in determining total liabilities as shown on the consolidated balance sheet of the Company; Borrower or any Subsidiary of Borrower; and (ii) (b) all obligations secured by any lien in property owned by the Company or any Subsidiary Borrower whether or not such obligations shall have been assumed; provided, however, Indebtedness shall not include deposits...
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