Obligations Definition Example

Obligations. Means all advances to, and debts, liabilities, obligations, covenants and duties of, the Company arising under any Transaction Document or otherwise with respect to this Note, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against the Company or any affiliate thereof of any proceeding under any debtor relief laws naming... such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed or allowable claims in such proceeding. Without limiting the foregoing, the Obligations include the obligation to pay principal, interest, expenses, fees, indemnities and other amounts payable by the Company under any Transaction Document. View More