Cash payment in definition
Examples of Cash payment in in a sentence
Cash payment in lieu of unused vacation shall be made only upon termination of employment.
If and to the extent that an Offshore Funding Australian Borrower makes any payment to any Lender or any other Person in respect of the Obligations, any claim which said Offshore Funding Australian Borrower may have against the other Australian Offshore Borrower by reason thereof shall be subject and subordinate to the prior Cash payment in full of the Obligations.
If and to the extent that a Domestic Funding Borrower makes any payment to any Lender or any other Person in respect of the Obligations, any claim which said Funding Borrower may have against the other Domestic Borrower by reason thereof shall be subject and subordinate to the prior Cash payment in full to the Lenders of the Obligations.
If and to the extent that an Offshore Funding Borrower makes any payment to any Lender or any other Person in respect of the Obligations, any claim which said Offshore Funding Borrower may have against the other Offshore Borrower by reason thereof shall be subject and subordinate to the prior Cash payment in full of the Obligations.
Section 2.4 of the Plan shall be amended to provide that, except to the extent a holder of a Permitted Non-Policy Claim and FGIC agree to different treatment, each holder of a Permitted Non-Policy Claim shall receive, in full and final satisfaction of such Permitted Non-Policy Claim, a Cash payment in an amount equal to its “Permitted Non-Policy Cash Distribution” (as defined below).
The Company agrees, and each Holder and any beneficial owner of a Security by its purchase or acceptance thereof shall be deemed to agree, to treat, for United States federal income tax purposes, the fair market value of the Common Stock received upon the conversion of a Security (together with any Cash payment in lieu of fractional shares) as a contingent payment on the Security for purposes of Treasury Regulation Section 1.1275-4(b).
If and to the extent that a Domestic Funding Borrower makes any payment to any Lender or any other Person in respect of the Obligations, any claim which said Funding Borrower may have against the other Domestic Borrowers by reason thereof shall be subject and subordinate to the prior Cash payment in full to the Lenders of the Obligations.
If and to the extent that a Funding Borrower makes any payment to any Lender or any other Person in respect of the Obligations, any claim which said Funding Borrower may have against the other Borrowers by reason thereof shall be subject and subordinate to the prior Cash payment in full of the Obligations.
The Company agrees, and each Holder and any beneficial owner of a Debenture by its purchase or acceptance thereof shall be deemed to agree, to treat, for United States federal income tax purposes, the fair market value of the Common Stock received upon the conversion of a Debenture (together with any Cash payment in lieu of fractional shares) as a contingent payment on the Debenture for purposes of Treasury Regulation Section 1.1275-4(b).
The Company agrees, and each Holder and any beneficial owner of a Security by its purchase thereof shall be deemed to agree, to treat, for United States federal income tax purposes, the fair market value of the Common Stock received upon the conversion of a Security (together with any Cash payment in lieu of fractional shares) as a contingent payment on the Security for purposes of Treasury Regulation Section 1.1275-4(b).