Indebtedness

Indebtedness. Provided, that, amounts in respect of landlord improvement allowances that in accordance with GAAP are included on Borrower's balance sheet as liabilities shall not be deemed "Indebtedness."

Indebtedness. Means, with respect to any Person, without duplication, all indebtedness, obligations and liabilities of such Person to any other Person (whether recourse is to all or a portion of the assets of such Person and whether or not contingent): (i) for borrowed money; 3 (ii) evidenced by bonds, notes, debentures and other similar instruments, including obligations Incurred in connection with the acquisition... of property, assets or businesses; (iii) under conditional sale or other title retention agreements relating to property purchased by such Person; (iv) secured by any Encumbrance on property owned or acquired by such Person whether or not such indebtedness, obligation or liability has been assumed by such Person; (v) under capital leases; (vi) with respect to letters of credit, acceptances or similar facilities issued for the account of such Person; (vii) under interest rate swap, cap, collar or similar agreements or foreign currency hedge, exchange or similar agreements of such Person; (viii) to purchase, redeem, retire, defease or otherwise acquire for value any Equity Interests; (ix) issued or assumed as the deferred purchase price of property or services (other than trade payables and accrued liabilities arising in the ordinary course of business which are not overdue or which are being contested in good faith); and (x) every obligation of the type referred to in subsections (i) through (ix) of another Person and all dividends of another Person the payment of which, in either case, such Person has Guaranteed or is liable, directly or indirectly, as obligor, Guarantor or otherwise, to the extent of such Guarantee or other liability. View More

Indebtedness. Means and includes: (a) all items arising from the borrowing of money that, according to GAAP now in effect, would be included in determining total liabilities as shown on the consolidated balance sheet of Borrower or any Subsidiary; (b) all obligations secured by any lien in property owned by Borrower whether or not such obligations shall have been assumed; (c) all guaranties and similar contingent liabilities with respect to obligations of others; and (d) all other obligations (including,... without limitation, letters of credit) evidencing obligations to others; provided, however, Indebtedness shall not include (i) deposits or other indebtedness created, incurred or maintained in the ordinary course of Borrower's business (including, without limitation, federal funds purchased, advances from any Federal Home Loan Bank, secured deposits of municipalities, letters of credit issued by Borrower's depository institution and repurchase arrangements) and consistent with customary banking practices and applicable laws and regulations or (ii) indebtedness created, incurred or maintained that is expressly subordinate and junior in all respects (including, without limitation, with respect to the right of payment) to the Facility. View More

Indebtedness. Means the term accounts payable item identified in the Most Recent Financial Statement as a long-term liability, attached to the Disclosure Schedule as Schedule C.

Indebtedness. Shall mean the Motorola Indebtedness and/or the Lender Indebtedness, and such term shall include, without limitation, any interest accruing on such Indebtedness after the filing by or against any or all of the Credit Parties of any petition in bankruptcy and all other Indebtedness of the Credit Parties to Motorola or the Agent and the Lenders which may be incurred in any Insolvency Proceeding of the Credit Parties whether or not recoverable from the Credit Party or their respective estates... under 11 U.S.C. Section 506. View More

Indebtedness. Shall mean, as to any Person, without duplication, (i) all indebtedness (including principal, interest, fees and charges) of such Person for borrowed money for the deferred purchase price of property or services, (ii) the face amount of all letters of credit issued for the amount of such Person and all drafts drawn thereunder, (iii) all liabilities secured by any Lien on any property owned by such person, whether or not such liabilities have been assumed by such Person, (iv) the aggregate... amount required to be capitalized under leases under which such Person is the lessee and (v) all contingent obligations (including, without limitation, all guarantees to third parties) of such Person; View More

Indebtedness. Shall mean any obligation of the Company which under generally accepted accounting principles is required to be shown on the balance sheet of the Company as a liability.

Indebtedness. Shall mean and include (i) all obligations which in accordance with general accounting principles would be included in determining total liabilities as shown on the liability side of a balance sheet as at the date of which Indebtedness is to be determined, (ii) obligations secured by any mortgage, pledge or lien, whether or not the obligation secured thereby shall have been assumed, and (iii) guarantees, endorsements (other than endorsements for collection in the ordinary course of business)... and other contingent obligations in respect of, or to purchase or otherwise acquire, indebtedness of others, including specifically all liabilities on Finance Receivables sold or discounted to third parties with recourse. View More

Indebtedness. Means all present and future indebtedness and obligations of Reseller to CPC arising under this Agreement, of whatever kind, now due or to become due, absolute or contingent, and whether joint, several or joint and several.

Indebtedness. As to any Person at any particular date, any contractual obligation enforceable against such Person (i) to repay borrowed money; (ii) to pay the deferred purchase price of property or services; (iii) to make payments or reimbursements with respect to Bank Products, bank acceptances or to a factor; (iv) to make payments or reimbursements with respect to letters of credit whether or not there have been drawings thereunder; (v) with respect to which there is any Security Interest in any property... of such Person; (vi) to make any payment or contribution to a Multi-Employer Plan; (vii) that is evidenced by a note, bond, debenture or similar instrument; (viii) under any conditional sale agreement or title retention agreement; (ix) all Liabilities (as defined by GAAP) under any Capital Lease or (x) to pay interest or fees with respect to any of the foregoing. Indebtedness also includes any other Obligation that either (i) is non-contingent and liquidated in amount or (ii) should under GAAP be included in liabilities and not just as a footnote on a balance sheet. View More