Contingent Payment Event definition

Contingent Payment Event means any indemnity, termination payment or liquidated damages under a Loyalty Program Agreement.

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Contingent Payment Event means any indemnity, termination payment or liquidated damages under a SkyMiles Agreement, an IP Agreement or an Intercompany Agreement.

Contingent Payment Event means any indemnity, termination payment or liquidated damages under an AAdvantage Agreement, an IP Agreement or the Intercompany Agreement.

Examples of Contingent Payment Event in a sentence

• Within three (3) Business Days of the receipt by the Parent or any of its Subsidiaries of any Net Proceeds from a Contingent Payment Event under a Loyalty Program Agreement, which Net Proceeds, together with the aggregate amount of Net Proceeds previously received from Contingent Payment Events, are in excess of $5,000,000, the Borrower shall prepay the Loans in an amount equal to 100% of such Net Proceeds.

• Upon entering into any transaction resulting in a Contingent Payment Event, Holder shall provide prompt notice thereof to Holder, together with copies of all material Transaction Documents, and if requested, Obligors’ projections regarding anticipated payments and proceeds to be received and resulting Contingent Payment Amounts and timeframes.

• Within three (3) Business Days of the receipt by the Parent or any of its Subsidiaries of any Net Proceeds from a Contingent Payment Event under a Loyalty Program Agreement, which Net Proceeds, together with the aggregate amount of Net Proceeds previously received from Contingent Payment Events, are in excess of $5,000,000 the Borrower shall prepay the Loans in an amount equal to 100% of such Net Proceeds.

• Obligors shall pay the applicable Contingent Payment Amount, within three (3) Business Days following each Contingent Payment Event (each such payment, a “Contingent Payment” and collectively, the “Contingent Payments”).

• With respect to Transfers of assets (including Intellectual Property) of any Obligor, including entering into any commitment or granting of any option or other contingent right by an Obligor a future Transfer of such assets, the terms and conditions of any transaction resulting in a Contingent Payment Event that involves the Transfer of shall be subject to Holder’s prior review and approval, such approval not to be unreasonably withheld.

More Definitions of Contingent Payment Event

Contingent Payment Event means a Milestone Event, a Sales Milestone Event or an obligation to make a Royalty Payment.

Contingent Payment Event means any indemnity, termination payment or liquidated damages under an Azul Fidelidade Agreement, an Azul Viagens Agreement or an Azul Cargo Agreement.

Contingent Payment Event means any indemnity, termination payment or liquidated damages under a Free Spirit Agreement.

Contingent Payment Event means each of the events described on Schedule 1 hereto, with respect to any Obligor or any Subsidiary thereof.

Contingent Payment Event means the receipt by the Company of the Albanian Approval;

Contingent Payment Event means, with respect to any ------------------------ Additional Deposit, the later of the date on which Amax Gold (or any Person in which Amax Gold holds directly or indirectly an Ownership Interest) shall have Acquired such Additional Deposit and the date on which the existence and number of Reserve Ounces has been established with respect to such Additional Deposit.

Contingent Payment Event means any indemnity, termination payment or liquidated damages under a Frontier Miles Agreement.