Damages Payment definition

Damages Payment has the meaning given to it in paragraph 11.1.1, Part I (Limitations) of Schedule 8 (Limitation of the Seller’s Liability).

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Damages Payment has the meaning given in Clause 6.27.1;

Damages Payment has the meaning set forth in paragraph 10(a) of Schedule 4;

Examples of Damages Payment in a sentence

All accrued liquidated damages shall be paid to Record Holders by the Company by wire transfer of immediately available funds or by federal funds check on each Damages Payment Date, as provided in the Indenture.
All accrued liquidated damages shall be paid to Record Holders by wire transfer of immediately available funds or by federal funds check by the Company on each Damages Payment Date.
All accrued Liquidated Damages shall be paid by wire transfer of immediately available funds or by federal funds check by the Company on each Damages Payment Date and Liquidated Damages will be calculated on the basis of a 360-day year consisting of twelve 30-day months.
The Company shall make payments of Liquidated Damages on the Liquidated Damages Payment Dates (as defined in the Registration Rights Agreement), but otherwise in accordance with the provisions set forth herein for the payment of Interest.
All accrued liquidated damages shall be paid to the Global Note Holder by wire transfer of immediately available funds or by federal funds check and to Holders of Certificated Securities by wire transfer to the accounts specified by them or by mailing checks to their registered addresses if no such accounts have been specified on each Damages Payment Date.

More Definitions of Damages Payment

Damages Payment has the meaning defined in Schedule 6;

Damages Payment has the meaning given in Schedule 4 (Limitations on Liability);

Damages Payment means the amount of any damages payable to the Borrower by the Builder pursuant to the Shipbuilding Contract.

Damages Payment as defined in letter (a) of Section 14.12.

Damages Payment has the meaning given in Section 8.8 (a).

Damages Payment has the meaning ascribed to it in Clause 9.10.1; “Drumet CZ, s.r.o.” shall mean Drumet CZ, s.r.o., a limited liability company validly existing under the laws of the Czech Republic with its registered seat in Hradec, Králové and registered with the Regional Court in Hradec Králové under no 288 16 943 and with a registered share capital of CZK 200,000; “Drumet s.r.o.” shall mean Drumet s.r.o., a limited liability company validly existing under the laws of Slovakia with its registered seat in Hlohovec and registered with commercial register of Trnawa district court under no IČO 36 257 516 and with a registered share capital of EUR 73,027;

Damages Payment has the meaning set out in part 7 of Schedule 9 (Warranty Limits); Dangerous Substance means any wastes, pollutants, contaminants and any other natural or artificial substance (whether in the form of a solid, liquid, gas or vapour) which is capable of causing harm or damage to man or any other living organism, or likely to cause significant damage to the environment or public health or welfare; Data Room means the electronic data room made available to the Purchaser from 7 March 2008 up to 28 March 2008; Debt means (i) the aggregate amount of all interest bearing indebtedness of the Group Companies to third parties for borrowed money, (ii) the amount of the Inter-Company Loan, and (iii) in the event that the tax liability of the Group Companies exceeds EUR 3,700,000 (three million seven hundred thousand Euro) as provided for in the Accounts, the corporate tax part of such surplus, all as at the Effective Date as shown in the Accounts;