Nonrevocable Obligation
Nonrevocable Obligation. Any Obligation (including any extension or rollover thereof and any Nonprincipal Obligations accruing thereon after the Effective Revocation Time) that (i) is, or (ii) relates to a contingent liability of the Bank or to a Commitment that in either case was, outstanding on or prior to the Effective Revocation Time
All Definitions
Found in
XCel Brands, Inc. contract