Duty Amounts definition
Examples of Duty Amounts in a sentence
Use the proceeds of the Credit Extensions to refinance or repay existing Indebtedness on the Closing Date, if any, for working capital purposes, for capital expenditures, for payment of the Earnout Consideration due and owing and permitted to be paid by the applicable Loan Parties pursuant to Section 8.03, for payment of any Duty Amounts due and owing and permitted to be paid by the applicable Loan Parties pursuant to Section 8.14 and for other general business purposes.
Make any payment with respect to the Duty Amounts or the Earnout Consideration, except either (a) in accordance with the Business Plan, or (b) otherwise, so long as no Default or Event of Default is continuing or would result therefrom and Availability, both before and after giving effect to such payment is at least $10,000,000.