Company Payment definition

Company Payment has the meaning set forth in Section 6.1(a) of this Agreement.
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Company Payment shall have the meaning ascribed to such term in Section 11(b) hereof.
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Company Payment means (a) any dividend or other distribution (whether payable in cash or in other property), direct or indirect, on account of any shares of any class of stock or other equity of the Company now or hereafter outstanding (including any forgiveness by the Company of Debt for borrowed money of any shareholder or member of the Company), (b) any redemption, retirement, purchase or other acquisition, direct or indirect, of any shares of any class of stock or other equity of the Company now or hereafter outstanding, or of any warrants, rights or options to acquire any such shares, and (c) any sinking fund, other required prepayment or mandatory installment payment on account of any shares of stock or the equity of the Company.
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Examples of Company Payment in a sentence

  • Notwithstanding the foregoing, the Company Payment Collateral shall not include, and the Liens created under this Section 5.01(c) shall not encumber, any Excluded Payment Property of the Company.

  • To exercise such right, Company shall give the Purchaser written notice of the sale in the same manner and with the same effect as a Compelled Sale, pursuant to Section 5.4; provided, however, if at the time of the exercise of such right there shall exist any Company Payment Condition, the Company may defer the payment for the purchase until such time as the Company Payment Condition no longer exists.

  • This form will help guide the potential investor through the process of submitting an investment commitment.The FundAmerica online form runs background checks and provides many advantages including:Anti-Money Laundering and PATRIOT Act Checks; Bad Actor Checks of Company; Payment Solution and Escrow Account; Stock Subscription Agreement Signing and Distribution; Online Investing Technology; and Transfer to be affected by ComputerShare.

  • The Company, Payment Agent(s), and the Client are collectively referred to as the “Parties”.

  • Lump Sum Payments by the Company Payment of the amount of any Surrender, partial withdrawal, Death Benefit Proceeds, loan, or payment methods will usually be made within seven days after receipt of all of the applicable Acceptable Notices, and/or due proofs of death.

  • The Company's rights under this Section shall be freely assignable, in whole or in part, and, following such assignment, such rights will not be limited by any Company Payment Condition.

  • When Shares are delivered to the Employee as payment for the Restricted Stock Units, the par value of each Share will be deemed paid by the Employee by past services rendered by him or her to the Company, Payment of Shares shall be subject to the applicable tax withholdings.

  • The Company's rights under this paragraph shall be freely assignable, in whole or in part, and, following such assignment, such rights will not be limited by any Company Payment Condition.

  • If credit is extended to Purchaser (which may be withheld in the sole discretion of Company), Payment will be made in U.S. funds within net thirty (30) days of the date of Company’s invoice.

  • The Company will purchase all unvested Shares of such Purchaser within 60 days of the Purchaser's such termination of Service; provided, however, if at the time of the exercise of such right there shall exist any Company Payment Condition, the Company may defer the payment for the purchase until such time as the Company Payment Condition no longer exists.


More Definitions of Company Payment

Company Payment shall, with respect to a Contributed Property, have the meaning set forth in the applicable Contribution Agreement. “Contributed Property” means property (other than cash or cash equivalents) that has been approved by the Members to be contributed by a Member to the Company (or to a Subsidiary Entity on behalf of the Company). “Contributing Member Corresponding Funded Amount” means, with respect to a specified Capital Call, if a Non-Contributing Member funds a portion of the Capital Contributions specified in such Capital Call (but fails to fund its entire share of the Capital Contributions specified in such Capital Call), an amount (if any) equal to (A) the quotient derived when dividing (i) the Non-Contributing Member Funded Amount with respect to such Capital Call by (ii) the Non-Contributing Member’s Percentage Interest, times (B) the Contributing Member’s Percentage Interest. If the Non-Contributing Member Funded Amount with respect to such Capital Call is zero dollars, then the Contributing Member Corresponding Funded Amount with respect to such Capital Call shall also be zero dollars. “Contributing Member Excess Capital Share” means, with respect to a specified Capital Call, if (A) the sum of (i) the Capital Contributions funded by a Non-Contributing Member with respect to such Capital Call plus (ii) the Non-Contributing Member Funded Amount is less than the Non-Contributing Member’s entire share of the Capital Contributions specified in such Capital Call, and (B) a Contributing Member funds more than the Contributing Member Corresponding Funded Amount with respect to such Capital Call, the portion of such Capital Call funded by such Contributing Member that exceeds the Contributing Member Corresponding Funded Amount. “Cure Period” means (A) in connection with a monetary default, 10 business days after written notice to a defaulting Member specifying the nature of a default or breach under this Agreement; and (B) in connection with a non-monetary default, 30 days after written notice to a defaulting Member specifying the nature of a default or breach under this Agreement (provided, however, that if such non-monetary default cannot reasonably be cured within such 30-day period, and such defaulting Member promptly commences the cure of such default and diligently pursues such cure to completion, then such 30-day period shall be extended to the extent reasonably necessary). “Date of Value” means the date on which FL Triggering Member delivers a Forced ...
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Company Payment means a quarterly instalment paid by the Company to the Minister in respect of the Debt.
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Company Payment is defined in Section 5.01 of this Agreement.
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Company Payment means any of a Company Adjustment Payment, --------------- Company Repurchase Payment or Tax Adjustment Amount.
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Company Payment has the meaning set forth in the recitals of this Agreement.
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Company Payment means the amount payable by the Company on a valid claim for indemnification hereunder, "Claim Amount" means the amount due on a valid claim for indemnification hereunder, after application of the Company Basket, and "Majority Stockholder's Equity Percentage" means the percentage interest of the Majority Stockholder in the equity capital of the Company on a fully diluted basis expressed as a decimal.
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Related to Company Payment

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Delta Payment means as it is described in this Agreement.

  • Untimely payment means a payment to a subcontractor that is more than 90 days past due under the terms and conditions of a subcontract for supplies and services for which the Government has paid the prime contractor.

  • Severance Payment shall have the same meaning as the term "parachute payment" defined in Section 280G(b)(2) of the Code.

  • PRE-PAYMENT The Tenant shall: (check one)

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Company Expenses has the meaning provided in Section 8.3.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Interim Payment has the meaning specified in Section 10.1.

  • Make-Whole Payment means, with respect to any Series 2019-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2019-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2019-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Service Payment has the meaning given to it in clause 9.1;

  • Change in Control Payment means any payment or distribution by the Corporation in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of Executive that is contingent on a Change in Control, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise.

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Change in Control Payments means any amounts payable by the Company, the Final Surviving Corporation or their Subsidiaries at or at any time after the Closing (or, to the extent such amounts are unpaid as of immediately prior to the Closing, at any time prior to the Closing) as a result of the execution and delivery of this Agreement or the consummation of the First Merger (whether or not conditioned upon a related or concurrent or subsequent termination of employment or the occurrence of any other event), plus the employer’s share of Taxes payable with respect to all such amounts.

  • Lump Sum Payment means a single payment that is not anticipated to continue.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Installment Payment means the partial payment of court debt which is divided into portions that are made payable at different times.

  • for any Payment Date means any Mortgage Loan in respect of which the Master Servicer has determined, in accordance with the servicing procedures specified in this Agreement, as of the end of the related Collection Period, that all Liquidation Proceeds which it expects to recover with respect to the disposition of the Mortgage Loan or the related REO have been recovered.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the Master Servicer or the Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.