Indebtedness definition: Copy, customize, and use instantly
Introduction
The term "Indebtedness" refers to any obligation to pay money, either currently due or payable in the future, arising from loans, credit arrangements, or other financial obligations. It is often used in contracts to define liabilities or financial commitments.
Below are various examples of how "Indebtedness" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Indebtedness" for general contracts
This definition "Indebtedness" applies broadly to financial obligations.
"Indebtedness" means any obligation of a party to pay money, whether as principal, interest, fees, or other amounts, arising from loans, credit facilities, bonds, or similar financial instruments.
Definition of "Indebtedness" in secured transactions
This definition "Indebtedness" focuses on obligations secured by collateral.
"Indebtedness" refers to any obligation secured by a lien or security interest in property, including mortgages, equipment financing, or other collateralized loans.
Definition of "Indebtedness" in corporate finance
This definition "Indebtedness" applies to financial obligations in a corporate context.
"Indebtedness" means all obligations of a corporation for borrowed money, including bonds, debentures, notes, and other similar instruments, as well as guarantees of such obligations.
Definition of "Indebtedness" in real estate transactions
This definition "Indebtedness" relates to financial obligations in property dealings.
"Indebtedness" refers to any monetary obligation secured by real property, including mortgages, deeds of trust, or other similar liens.
Definition of "Indebtedness" in merger agreements
This definition "Indebtedness" addresses financial liabilities in mergers and acquisitions.
"Indebtedness" means all obligations for borrowed money or any other financial liabilities assumed or incurred as part of a merger, acquisition, or consolidation.
Definition of "Indebtedness" in loan agreements
This definition "Indebtedness" applies specifically to obligations arising from loans.
"Indebtedness" refers to all monetary obligations arising under loan agreements, promissory notes, or credit facilities, including principal, interest, and fees.
Definition of "Indebtedness" in bankruptcy proceedings
This definition "Indebtedness" relates to obligations in the context of insolvency.
"Indebtedness" means all claims, liabilities, or obligations, whether secured or unsecured, that are subject to discharge or reorganization in bankruptcy proceedings.
Definition of "Indebtedness" in tax liabilities
This definition "Indebtedness" focuses on financial obligations to tax authorities.
"Indebtedness" refers to any tax liability or obligation owed to federal, state, local, or foreign taxing authorities, including penalties and interest.
Definition of "Indebtedness" in guaranty agreements
This definition "Indebtedness" relates to obligations guaranteed by a third party.
"Indebtedness" means all monetary obligations guaranteed by a third party, including contingent liabilities arising from such guarantees.
Definition of "Indebtedness" in bond indentures
This definition "Indebtedness" applies to financial obligations under bonds.
"Indebtedness" refers to all obligations arising from bond issuances, including principal, interest, and associated fees or penalties.
Definition of "Indebtedness" for revolving credit facilities
This definition "Indebtedness" focuses on financial obligations under revolving credit agreements.
"Indebtedness" refers to amounts borrowed, outstanding obligations, or fees incurred under a revolving credit facility or line of credit.
Definition of "Indebtedness" in derivative contracts
This definition "Indebtedness" applies to financial liabilities in derivatives.
"Indebtedness" means any financial obligations arising from derivative instruments, including swaps, options, and futures contracts.
Definition of "Indebtedness" in cross-border transactions
This definition "Indebtedness" relates to international financial obligations.
"Indebtedness" refers to monetary obligations denominated in foreign currencies or subject to cross-border agreements, including foreign loans and export credits.
Definition of "Indebtedness" for lease obligations
This definition "Indebtedness" focuses on financial liabilities in leasing arrangements.
"Indebtedness" means all monetary obligations arising from lease agreements, including payments due under finance leases or operating leases.
Definition of "Indebtedness" in structured finance
This definition "Indebtedness" addresses obligations in structured financial products.
"Indebtedness" refers to liabilities arising from asset-backed securities, collateralized debt obligations, or similar structured finance instruments.
Definition of "Indebtedness" in intercompany loans
This definition "Indebtedness" applies to financial obligations within corporate groups.
"Indebtedness" means any monetary obligation owed by one affiliate to another within the same corporate group, arising from intercompany loan agreements.
Definition of "Indebtedness" in deferred payment agreements
This definition "Indebtedness" relates to obligations under deferred payment plans.
"Indebtedness" refers to amounts payable in the future under deferred payment agreements, including installment contracts or layaway plans.
Definition of "Indebtedness" in pension obligations
This definition "Indebtedness" applies to liabilities under pension or retirement plans.
"Indebtedness" means all financial obligations arising from pension liabilities, retirement benefits, or similar employee benefit plans.
Definition of "Indebtedness" in performance bonds
This definition "Indebtedness" focuses on obligations tied to performance guarantees.
"Indebtedness" refers to any monetary liability arising from the enforcement of performance bonds, bid bonds, or similar guarantees.
Definition of "Indebtedness" in secured notes
This definition "Indebtedness" applies to obligations under secured promissory notes.
"Indebtedness" means amounts owed under secured promissory notes, including principal, interest, and penalties.
Definition of "Indebtedness" in government borrowing
This definition "Indebtedness" addresses public sector liabilities.
"Indebtedness" refers to any financial obligation of a government entity, including municipal bonds, treasury bills, or sovereign debt.
Definition of "Indebtedness" in supply chain financing
This definition "Indebtedness" focuses on obligations in trade and supply chain finance.
"Indebtedness" means financial liabilities incurred under supply chain financing arrangements, such as factoring or reverse factoring agreements.
Definition of "Indebtedness" for overdraft facilities
This definition "Indebtedness" applies to obligations under overdraft accounts.
"Indebtedness" refers to amounts drawn and outstanding under overdraft facilities, including fees and interest charges.
Definition of "Indebtedness" in capital leases
This definition "Indebtedness" focuses on obligations under capital leasing arrangements.
"Indebtedness" means all monetary liabilities arising from capital lease obligations, where the lessee assumes ownership-like risks and rewards.
Definition of "Indebtedness" in litigation settlements
This definition "Indebtedness" relates to monetary obligations under legal settlements.
"Indebtedness" refers to amounts payable under settlement agreements or court judgments, including damages, legal fees, and associated costs.
Definition of "Indebtedness" in margin loans
This definition "Indebtedness" applies to financial obligations in margin trading.
"Indebtedness" means all monetary liabilities incurred under margin loan agreements, including interest and maintenance fees.
Definition of "Indebtedness" in project finance
This definition "Indebtedness" addresses obligations in project financing.
"Indebtedness" refers to all financial liabilities incurred to fund specific projects, including construction loans and related interest costs.
Definition of "Indebtedness" in crowdfunding obligations
This definition "Indebtedness" applies to financial liabilities in crowdfunding arrangements.
"Indebtedness" means monetary obligations arising from funds raised through crowdfunding platforms, including repayment commitments or project guarantees.
Definition of "Indebtedness" in subscription-based financing
This definition "Indebtedness" focuses on financial obligations in subscription agreements.
"Indebtedness" refers to monetary liabilities incurred under subscription-based financing models, including recurring payments and service commitments.
Definition of "Indebtedness" in equipment financing
This definition "Indebtedness" applies to financial liabilities related to equipment purchases.
"Indebtedness" means amounts payable under equipment financing agreements, including lease-to-own or installment payment plans.
Definition of "Indebtedness" in utility payment arrears
This definition "Indebtedness" relates to outstanding utility payments.
"Indebtedness" refers to amounts overdue for utility services, including electricity, water, or gas, along with associated late fees.
Definition of "Indebtedness" in charitable pledges
This definition "Indebtedness" focuses on obligations arising from donation commitments.
"Indebtedness" means financial commitments made under charitable pledges, including amounts due under enforceable donation agreements.
Definition of "Indebtedness" in fintech loans
This definition "Indebtedness" applies to financial obligations in fintech-driven lending models.
"Indebtedness" refers to monetary obligations arising from loans provided by fintech platforms, including peer-to-peer and alternative lending mechanisms.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.