Other Liabilities (including Retention Payments Sample Clauses

Other Liabilities (including Retention Payments. Valued at book value determined in accordance with GAAP with impairment charges or accruals taken for the Restructuring Activities. All retention payments required to be paid to any officer or employee of the Company and its Subsidiaries on or after the Closing shall be included in “Other Liabilities” in accordance with GAAP. Notwithstanding anything to the contrary in this Exhibit A, (i) to the extent the Investment Banks or Bidders attribute value to any assets as part of their Fair Market Valuations or firm bids on any other asset set forth in this Exhibit A, such asset shall be classified (without duplication) on the Estimate Statement or Final Statement, as applicable, together with the asset that is the subject of the Fair Market Valuation or firm bid, as applicable, and valued (without duplication) according to the asset that is the subject of the Fair Market Valuation or firm bid and (ii) to the extent the Investment Banks or Bidders include any asset as part of their Fair Market Valuations or firm bids on any other asset set forth in this Exhibit A and attribute zero value to such Other Asset, or disregard such asset even though it relates to the asset being valued, such asset shall be classified (without duplication) on the Estimate Statement or Final Statement, as applicable, together with the asset that is the subject of the Fair Market Valuation or firm bid, as applicable, and valued at zero for purposes of the Estimate Statement and/or Final Statement, as applicable. ANNEX A List of Potential Investment Banks Bear Sxxxxxx Greenwich Capital Markets Lxxxxx Brothers Mxxxxx Sxxxxxx Wachovia Citigroup Annex B Potential Bidders on Loans and Residuals Potential Bidders for Mortgage Loans Held for Sale Bayview Bear Sxxxxxx C-BASS Citibank Deustche GMAC Goldman Gxxxxxxxx Xxxxxx Brothers RFC Txxxxx Capital UBS Wachovia Potential Bidders for BIT Mortgage Loans Bank of America Barclays Bear Sxxxxxx Xxxxxxxxxx Citibank Credit Suisse Deutsche Bank Fortress GMAC Gxxxxxx Sachs Greenwich HSBC JX Xxxxxx/Cxxxx Xxxxxx Brothers Mxxxxxx Xxxxx Xxxxxx Sxxxxxx RFC Soc Gen UBS Wachovia Winter Group Potential Bidders for Residuals Bear Sxxxxxx Blue Wave (Carlisle) Cxxxxxxxxx C-BASS Citadel Exxxxxxxx Fortress HBK Goldman Greenwich JX Xxxxxx Arb Lxxxxx Xxxxxx Sxxxxxx Xxxxx Wachovia Annex C
Sample 1
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Related to Other Liabilities (including Retention Payments

  • Payment of Liabilities, Including Taxes, Etc Each Loan Party shall, and shall cause each of its Subsidiaries to, duly pay and discharge all liabilities to which it is subject or which are asserted against it, promptly as and when the same shall become due and payable, including all taxes, assessments and governmental charges upon it or any of its properties, assets, income or profits, prior to the date on which penalties attach thereto, except to the extent that such liabilities, including taxes, assessments or charges, are being contested in good faith and by appropriate and lawful proceedings diligently conducted and for which such reserve or other appropriate provisions, if any, as shall be required by GAAP shall have been made.

  • Retention Payments (a) In the event that Executive is employed by the Company on January 1, 2002, Executive shall be entitled to a lump sum cash retention payment equal to 150% of the sum of (i) Executive's Base Salary and (ii) Executive's target annual bonus, each as in effect for the 2001 fiscal year (such sum, the "2002 Retention Bonus").

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • Indemnification Payments The indemnification required by Sections 6.1 and Section 6.2 shall be made by periodic payments of the amount thereof during the course of the investigation or defense, as and when bills are received or expense, loss, damage or liability is incurred.

  • Other Liabilities For purposes of this Agreement, “Other Liabilities” means any and all liabilities of any type whatsoever (including, but not limited to, judgments, fines, penalties, ERISA (or other benefit plan related) excise taxes or penalties, and amounts paid in settlement and all interest, taxes, assessments and other charges paid or payable in connection with or in respect of any such judgments, fines, ERISA (or other benefit plan related) excise taxes or penalties, or amounts paid in settlement).

  • Disbursements Payments and Costs 5.1 Request for Credit. Each request for an advance under the Line of Credit will be made by a disbursement request in a form acceptable to Bank executed by an Authorized Officer, or by any other means acceptable to Bank.

  • Compensation; Indemnity; Fees The Depositor agrees:

  • Reimbursement of Legal Expenses The Company shall promptly reimburse Executive for all reasonable legal fees incurred by Executive in connection with the preparation, negotiation and execution of this Agreement and ancillary documents.

  • Separation Payments Following Executive’s separation from service with Company on or after his Vesting Date (as defined in Section 7), Company shall pay to Executive the sum of THIRTY-FOUR THOUSAND TWO HUNDRED SEVEN and 04/100 Dollars ($34,207.04) per month, beginning six months and one week after Executive’s date of separation for a period of ten (10) years, or until Executive’s death, whichever first occurs (the “Separation Payments”). Such payments shall be subject to any and all applicable withholding, Social Security, employment, income and other taxes or assessments, if any, under the applicable tax law. If Executive should die during the ten-year period during which payments are being made under this Paragraph 3, then those payments shall terminate and future payments, if any, shall be made to Executive’s designated beneficiary(ies) or Executive’s estate in accordance with the provisions of Paragraph 4 of this Agreement.

  • Reimbursements of Workout-Delayed Reimbursement Amounts The Master Servicer, the Special Servicer and the Trustee, as applicable, shall be entitled to reimbursement and payment for all Workout-Delayed Reimbursement Amounts in each Collection Period; provided that the aggregate amount (for all such Persons collectively) of such reimbursements and payments in such Collection Period shall not exceed (and the reimbursement and payment shall be made from) the aggregate amount in the Collection Account allocable to principal received with respect to the Mortgage Loans for such Collection Period contemplated by clause (I)(A) of the definition of Principal Distribution Amount (but not including any such amounts that constitute Advances) and net of any Nonrecoverable Advances then outstanding and reimbursable from such principal in accordance with Section 5.2(a)(II)(iv) below. As and to the extent provided in clause (II)(A) of the definition thereof, the Principal Distribution Amount for the Distribution Date related to such Collection Period shall be reduced to the extent that such payment or reimbursement of a Workout-Delayed Reimbursement Amount is made from the aggregate amount in the Collection Account allocable to principal pursuant to the preceding sentence.

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