Capital Payments definition

Capital Payments means the periodic distributions on the Trust Securities and the Class B Preferred Securities.

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Capital Payments means with respect to the Class B Preferred Securities, periodic distributions to Class B Preferred Securityholders declared (or deemed declared) and paid in accordance with this Agreement.

Capital Payments means Grant Funding payments for items and activities that are paid for as Standard Cost Items or Actual Cost Items, or Additional Contributions. Infrastructure means various types of infrastructure installed to enable the current and future management of the Woodland (Woodland Infrastructure) or to permit Recreational Access to the Woodland (Recreational Infrastructure). Examples of such Infrastructure items appear in Annex 2. Intervention Rate means the proportion of Actual Costs or Standard Costs the Authority will pay.

Examples of Capital Payments in a sentence

• Where relevant, the Grant Recipient shall claim for the first five years of annual Maintenance Payments with the final Grant Claim for Capital Payments.

• Subject to applicable escheat laws, claims to Capital Payments on Definitive Trust Preferred Certificates, or amounts payable upon redemption, will become void unless presented for payment within a period of (i) with respect to Capital Payments, four years from the relevant Payment Date, or (ii) with respect to amounts payable upon redemption, ten years from the Redemption Date.

• Any Independent Directors appointed pursuant to Section 10.04(i)(i) shall, in making decisions with respect to the declaration of Capital Payments or other matters affecting the rights of the Class B Preferred Securityholders as set forth in Section 10.04, take into account only the interests of the Class B Preferred Securityholders and, with respect to all other matters, the interests of the Common Securityholders, the Class A Preferred Securityholders and the Class B Preferred Securityholders.

• Furthermore, the payment of capital payments on the Class A Preferred Security is not a condition to the payment of Capital Payments on the Class B Preferred Securities.

• Any Independent Director so appointed shall vacate office if, in such Independent Director’s sole determination, Capital Payments have been paid regularly at the Stated Rate in full by the Company or the Guarantor under the Class B Preferred Guarantee or the Trust Preferred Guarantee for one calendar year.

More Definitions of Capital Payments

Capital Payments means (i) with respect to the Trust Preferred Securities, periodic distributions to the Holders of the Trust Preferred Securities paid in accordance with this Agreement to Holders of the Trust Preferred Securities and (ii) with respect to the Class B Preferred Securities, periodic distributions to holders of the Class B Preferred Securities declared (or deemed declared) and paid in accordance with the LLC Agreement.

Capital Payments means Grant Funding payments for items and activities that are paid for as Standard Cost Items.

Capital Payments means periodic distributions on the Trust Preferred Securities paid in accordance with the Trust Agreement.

Capital Payments means the periodic distributions on the Class B Preferred Securities in accordance with the LLC Agreement.

Capital Payments has the meaning set forth in Section 25.

Capital Payments means the periodic distributions on the Trust Securities and the Company Capi- tal Securities.

Capital Payments means Grant Funding payments for items and activities that are paid for as Standard Cost Items or Actual Cost Items, or Additional Contributions. FC Supplier Creation Form means the form provided by the Authority for completion by the Grant Recipient in order to be set up as a registered supplier on the Authority’s financial system to receive payment. Notifiable change as defined in Clause 20.2.