Debt Payment Amount definition

Debt Payment Amount shall have the meaning specified in Section 1.2 of the Depositary Agreement.

Debt Payment Amount means, with respect to any Sub Project Early Handback, an amount (calculated as of the relevant Transfer Date and without double counting) equal to:

Debt Payment Amount shall have the meaning set forth in Section ------------------- ------- 3.6(c). ------

Examples of Debt Payment Amount in a sentence

• However, the amount equivalent to Debt Payment Amount shall not be liable for being kept in term deposit.

• The Project Proponent authorises the Escrow Agent that from the Escrow Amount an amount equivalent to month’s Debt Payment Amount shall be held back by the Escrow Agent and that on each Due Date the Escrow Agent shall withdraw the Debt Payment Amount so held back and shall credit to the Facility Account towards payment of Interest and Instalment of the Facility.

• However, if the Escrow Amount falls short of the Debt Payment Amount for the next Due Date the Sugar Mill shall not be entitled with withdraw any amount from the Escrow Account till such time as the balance in the Escrow Account exceeds the Debt Payment Amount and such withdrawal by the Sugar Mill shall be limited to the balance in the Escrow Amount which is in excess of month’s Debt Payment Amount.

• However, if the Escrow Amount falls short of the Debt Payment Amount for the next Due Date the Project Proponent shall not be entitled with withdraw any amount from the Escrow Account till such time as the balance in the Escrow Account exceeds the Debt Payment Amount and such withdrawal by the Project Proponent shall be limited to the balance in the Escrow Amount which is in excess of month’s Debt Payment Amount.

• The Sugar Mill authorises the Escrow Agent that from the Escrow Amount an amount equivalent to month’s Debt Payment Amount shall be held back by the Escrow Agent and that on each Due Date the Escrow Agent shall withdraw the Debt Payment Amount so held back and shall credit to the Facility Account towards payment of Interest and Instalment of the Facility.

More Definitions of Debt Payment Amount

Debt Payment Amount means the total obligations of the Company, in each case outstanding as of the Closing Date and without duplication, with respect to all Indebtedness for Borrowed Money and all Deferred Payment Amounts, but excludes Company Third Party Expenses.

Debt Payment Amount means the aggregate outstanding principal and interest due and owing to (i) Silicon Valley Bank; (ii) the lenders named under the Convertible Notes; and (iii) the counterparties to all other Contracts entered into by the Company and/or any Company Subsidiary after the date of this Agreement and on or prior to the Effective Time that relates to Indebtedness, in full and complete satisfaction of all the Company’s and/or any Company Subsidiary’s obligations under the Debt Agreements as of the Closing Date.