Vendor Indebtedness definition

Vendor Indebtedness means any Indebtedness of the Company or any Subsidiary incurred: (i) in connection with the acquisition or construction of Telecommunications Related Assets; and (ii) to pay regularly scheduled interest on such Indebtedness pursuant to the terms thereof.

Examples of Vendor Indebtedness in a sentence

  • The Vendor shall on or before Completion repay or procure the repayment of the Vendor Indebtedness.


More Definitions of Vendor Indebtedness

Vendor Indebtedness means any indebtedness (whether or not due for payment) owing to the Company from any member of the Vendor’s Group or of Baugur Group hf or any of Baugur Group hf’s other subsidiaries, but shall not include any items on normal trading account. Vendor’s Solicitors means Dxxxxx Xxxxx Sapte of One Fleet Place London EC4M 7WS.
Vendor Indebtedness means all principal, interest, and other amounts outstanding and owed by the Vendor to the Purchaser under the Alfa Telecom/Eco Holdings Loan.
Vendor Indebtedness has the meaning assigned to such term in Section 7.01(f).
Vendor Indebtedness means any Indebtedness of Intermedia or any of its Subsidiaries incurred in connection with the acquisition or construction of Telecommunications-Related Assets.
Vendor Indebtedness has the meaning assigned to such term in Section 7.01(d).
Vendor Indebtedness means any Indebtedness (including, without limitation, Indebtedness under any credit facility entered into with any vendor or supplier or any financial institution acting on behalf of such vendor or supplier, including, without limitation, any financing provided by the Overseas Private Investment Corporation); provided that such Indebtedness is incurred solely for the purpose of financing the cost (including, without limitation, the cost of design, development, delivery, freight, insurance, import duties, value- added taxes, improvement, construction or integration) of equipment or other tangible assets necessary for the operation of wireless telecommunications networks or systems.
Vendor Indebtedness means any indebtedness (whether or not due for payment) owing to the Company from any member of the Vendor’s Group or of Baugur Group hf or any of Baugur Group hf’s other subsidiaries, but shall not include any items on normal trading account. Vendor’s Solicitors means Xxxxxx Xxxxx Sapte of One Fleet Place London EC4M 7WS. Vendor’s Solicitors’ Client Account means Xxxxxx Xxxxx Sapte Client Account, The Royal Bank of Scotland plc, 0 Xxxxx Xxxxxx, Xxxxxx XX0X 0XX, Sort Code: 15.80.00, Account No: 00000000.