Debt Payment has the meaning give in Section 2.4.
Debt Payment means any payment or distribution by or on behalf of the Company, directly or indirectly, of assets of the Company of any kind or character, whether in cash, property or securities, including on account of the purchase, redemption or other acquisition of any Obligations, as a result of any collection, sale or other disposition of Collateral, or by setoff, exchange or in any other manner, for or on account of any Obligations; provided, however, that, conversion of any part of a Note in accordance with its terms shall not be considered a Debt Payment.
Debt Payment is defined in Section 3.1.3.
Examples of Debt Payment in a sentence
For your firm’s Delinquent Debt Payment Certification, use your 2-6 character Firm Name Code, followed by DP.
The amount above appropriated for Debt Payment shall be transferred to the Debt Service Fund.
Real Debt Payment Ratio is the ratio of the "general revenue resources appropriated to pay off bonds" to the "standard financial scale".
If you enter into a Debt Payment Programme under DAS and there is no change in ownership, you can continue to hold your sponsor licence.
Reuters, “S&P to Deeply Cut U.S. Ratings If Debt Payment Missed,” June 29, 2011.
More Definitions of Debt Payment
Debt Payment means a charge payable by a PS Gas Supplier in respect of PS
Debt Payment means a charge payable by a PS Gas Supplier in respect of PS Notified Debt as contemplated by Condition 2A.3.4 and as detailed in the applicable Debt Notice;
Debt Payment means the payment in full of the Company Debt in shares of Buyer Common Stock as provided in Section 1.5(b).
Debt Payment means the payment of the outstanding New Debt, together with accrued interest, if any, to the date fixed for payment and any Additional Amounts, which payment shall be applied to the remaining scheduled amortization payments of the New Debt in direct order of maturity, with such payment being made pro rata among the New Debt based on the next remaining scheduled amortization payments; provided that any such payment made during a Devaluation Event Cure Period shall be paid to holders of New Debt pro rata.
Debt Payment means all amounts paid by the Company to release the guarantees and bonding of the CSS Parties related to the Company.
Debt Payment means any payment or distribution by or on behalf of any Note Party, directly or indirectly, of assets of any Note Party of any kind or character, whether in cash, property or securities, on account of the Notes (including the purchase, redemption or other acquisition thereof) or any other Loan Document, or by setoff, exchange or in any other manner; provided, however, that, conversion of any part of a Note shall not be considered a Debt Payment.
Debt Payment means, any payment or distribution of cash, securities or other property (including, without limitation, direct or indirect equity interests in, and/or debt or equity investment rights in, any Grantor received in an Insolvency or Liquidation Proceeding), by set-off or otherwise, on or in respect of any Obligations, including, without limitation, for the avoidance of doubt, payments of (i) costs and expenses payable to any Holder under any Financing Agreement and (ii) regularly scheduled payment of interest due and payable on a non-accelerated basis in accordance with the terms of the Financing Agreements.