Indebtedness

Indebtedness. Means all obligations or liabilities of the Company (or other specified Person), without duplication, in respect of: (a) borrowed money; (b) indebtedness evidenced by notes, bonds, debentures or similar instruments; (c) capitalized lease obligations; (d) the deferred purchase price of assets, services or securities (other than ordinary trade accounts payable in the ordinary course of business); (e) reimbursement obligations, whether contingent or matured, with respect to letters of credit,... bankers acceptances, surety bonds, other financial guarantees and interest rate protection agreements (without duplication of other Indebtedness supported or guaranteed thereby); and (f) all guarantees of Indebtedness of others of the type in items (a) through (e) referred to above. View More

Indebtedness. Is defined in the Collateral Trust Agreement.

Indebtedness. Means, as to any Person, all obligations, contingent and otherwise, which in accordance with GAAP should be classified upon such Person's balance sheet as liabilities, but in any event including, without limitation, liabilities secured by Lien, existing on property owned or acquired by such Person whether or not the liability secured thereby shall have been assumed, letters of credit open for account, obligations under acceptance facilities, capitalized lease obligations and all obligations on... account of guaranties, endorsements, all capital stock issued by such Person subject to mandatory redemption or subject to repurchase at the option of the holder and any other contingent obligations in respect of the Indebtedness of others whether or not reflected on such balance sheet or in a footnote thereto. The amount of any Indebtedness shall be deemed to be an amount equal to the stated or determinable amount of such Indebtedness or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof. View More

Indebtedness. The principal, interest, and all other amounts due under the Note, the Other Loans and all other indebtedness of Borrower and others to Lender under and/or secured by the Transaction Documents, including, without limitation any future loans and advances made under the Mortgage and/or any other Transaction Document, and all amendments, modifications, increases, renewals and extensions of any of the foregoing.

Indebtedness. Is used in its most comprehensive form and means all Indebtedness, whether direct or indirect, absolute or contingent, now due and owing or which may hereafter, from time-to-time, be or become due and owing under or with respect to the following: (i) the Notes identified below; (ii) renewals, extensions, modifications or substitutions of the Notes; and (iii) interest and costs, including attorney fees and disbursements, on the foregoing.

Indebtedness. Shall mean any obligation of Sona, Sibling and its Subsidiaries which under generally accepted accounting principles is required to be shown on the balance sheet of Sona or Sibling and its Subsidiaries as a liability. Any obligation secured by a Lien on property of Sona, Sibling or its Subsidiaries shall be deemed to be Indebtedness.

Indebtedness. The definition of Indebtedness in Section 1.01 of the Original Indenture is hereby amended and supplemented by this Supplemental Indenture to provide that an obligation of any Person to issue common stock of such Person for any purpose is not "Indebtedness" within the meaning of the Indenture.

Indebtedness. Of a Person means the principal of, premium, if any, and interest on, and all other obligations in respect of (a) all indebtedness of such Person for borrowed money (including all indebtedness evidenced by notes, bonds, debentures or other securities), (b) all obligations (other than trade payables) incurred by such Person in the acquisition (whether by way of purchase, merger, consolidation or otherwise and whether by such Person or another Person) of any business, real property or other... assets, (c) all reimbursement obligations of such Person with respect to letters of credit, bankers' acceptances or similar facilities issued for the account of such Person, (d) all capital lease obligations of such Person, (e) all net obligations of such Person under interest rate swap, currency exchange or similar agreements of such Person, (f) all obligations and other liabilities, contingent or otherwise, under any lease or related document, including a purchase agreement, conditional sale or other title retention agreement, in connection with the lease of real property or improvements thereon (or any personal property included as part of any such lease) which provides that such Person is contractually obligated to purchase or cause a third party to purchase the leased property or pay an agreed-upon residual value of the leased property, including such Person's obligations under such lease or related document to purchase or cause a third party to purchase such leased property or pay an agreed-upon residual value of the leased property to the lessor, (g) guarantees by such Person of indebtedness described in clauses (a) though (f) of another Person, and (h) all renewals, extensions, refundings, deferrals, restructurings, amendments and modifications of any indebtedness, obligation, guarantee or liability of the kind described in clauses (a) though (g). View More

Indebtedness. Shall mean any and all debts, liabilities, and obligations of Borrower to Lender, arising from or in connection with that certain Note and Security Agreement dated August 11, 2005, made by Oblio Telecom, Inc., a Delaware corporation (the "Borrower") in favor of Lender in the original principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000) (the "Original Note"), and that certain Note dated December 14, 2005, made by Borrower in favor... the Lender in the original principal amount of Two Million Three Hundred Twenty Two Thousand Eight Hundred and Fifty Dollars ($2,322,850) (the "Second Note", and together with the Original Note, the "Notes"), or pursuant to Amendment No. 1 to the Notes dated as of December 29, 2006 (the "Amendment"). View More

Indebtedness. "Indebtedness," "Loan Documents" and "Property Jurisdiction" and other capitalized terms used but not defined in this Guaranty shall have the meanings assigned to them in the Security Instrument.