Expense or Other Payment definition

Expense or Other Payment means the aggregate amount of any payments (other than extensions of credit) due from the lender(s) in respect of any Reference Obligation, including, without limitation, (a) any expense associated with any amendment, modification or waiver of the provisions of a credit agreement, (b) any reimbursement of any agents under the provisions of a credit agreement, and (c) any indemnity or other similar payment, including amounts owed on or after the related Obligation Termination Date in respect of amounts incurred or any event that occurred before the related Obligation Termination Date.
Sample 1Sample 2Sample 3
Expense or Other Payment means, with respect to a Reference Obligation, the aggregate amount of any payments (other than extensions of credit) due from the lender(s) of record generally in respect of any Reference Obligation, including, without limitation, (a) any expense associated with any amendment, modification or waiver of the provisions of a credit agreement, (b) any reimbursement of any agents under the provisions of a credit agreement, (c) any related Costs of Assignment, and (d) any indemnity or other similar payment in respect of those lenders that were lenders of record at any time from and including the related Transaction Trade Date in respect of the related Transaction to but excluding the related Transaction Termination Date.
Sample 1Sample 2
Expense or Other Payment means, with respect to any Reference Obligation, the aggregate amount of any payments (other than extensions of credit) due from one or more of the lender(s) in respect of such Reference Obligation (including the Hedge Party), including, without limitation, (a) any expense associated with any amendment, modification or waiver of any of the provisions of the related Reference Obligation Underlying Instrument or any related credit documentation, (b) any reimbursement of any agent under the related Reference Obligation Underlying Instrument or any related credit documentation, (c) any expense incurred in connection with the exercise of remedies or the protection of rights under the Reference Obligation Underlying Instrument or any related credit document, (d) any damages, fines, penalties or other similar amounts owing or alleged to be owing by Barclays or any lender (whether the Hedge Party or otherwise) in respect of such Reference Obligation by reason of its acquisition, ownership or disposition by of such Reference Obligation, (e) any losses, claims, damages, costs or other expenses suffered or incurred by or on behalf of Barclays or any lender (whether the Hedge Party or otherwise) in respect of such Reference Obligation arising as a consequence of any actions, proceedings, arbitrations or investigations (whether formal or informal) or threat thereof (or actions in respect thereof) arising out of, based upon or in connection with such Reference Obligation and (f) any indemnity or other similar payment owing under the related Reference Obligation Underlying Instrument or any related credit documentation, in each case, including amounts owed on or after the related Obligation Termination Date in respect of amounts accrued, or in respect of any event that occurred, before the related Obligation Termination Date.
Sample 1Sample 2

Examples of Expense or Other Payment in a sentence

  • Compounding: Inapplicable Third Floating Amount Payer: Counterparty Third Floating Amount: Each Expense or Other Payment.

  • Fourth Floating Amount Payer: Counterparty Fourth Floating Amount: Each Expense or Other Payment.

  • Compounding: Inapplicable Second Floating Amount Payer: Counterparty Second Floating Amount: Each Expense or Other Payment.

  • Compounding: Inapplicable Fourth Floating Amount Payer: Counterparty Fourth Floating Amount: Each Expense or Other Payment.


More Definitions of Expense or Other Payment

Expense or Other Payment means the aggregate amount of any payments (other than extensions of credit) due from the lender(s) in respect of any Reference Obligation, including, without limitation, (a) any expense associated with any amendment, modification or waiver of the provisions of a credit agreement, (b) any reimbursement of any agents under the provisions of a credit agreement, and (c) any indemnity or other similar payment, including amounts owed on or after the related Obligation Termination Date in respect of amounts incurred or any event that occurred before the related Obligation Termination Date. "Financial Sponsor" means any entity, including any subsidiary of another entity, whose principal business activity is acquiring, holding and selling investments (including controlling interests) in otherwise unrelated companies that each are distinct legal entities with separate management, books and records and bank accounts, whose operations are not integrated one with another and whose financial condition and creditworthiness are independent of the other companies so owned by such entity. "Interest and Fee Amount" means, for any Citibank Fixed Amount Payer Payment Date and any Transaction, the aggregate amount of interest (including interest breakage costs), fees (including, without limitation, amendment, consent, tender, facility, letter of credit and other similar fees) and other amounts (other than in respect of principal and premium paid in respect of principal) paid with respect to the related Reference Obligation (after deduction of any withholding taxes for which the Reference Entities are not obligated to reimburse holders of the related Reference Obligation, if applicable) during the relevant Citibank Fixed Amount Payer Calculation Period; provided that Interest and Fee Amounts:
Sample 1

Related to Expense or Other Payment

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Termination Fee has the meaning set forth in Section 7.02(a).

  • Specified Expenses For any Test Period, (i) Rent incurred for the same Test Period, and (ii) the (1) income tax expense, (2) consolidated interest expense, (3) depreciation and amortization expense, (4) any nonrecurring, unusual, or extraordinary items of income, cost or expense, including but not limited to, (a) any gains or losses attributable to the early extinguishment or conversion of indebtedness, (b) gains or losses on discontinued operations and asset sales, disposals or abandonments, and (c) impairment charges or asset write-offs including, without limitation, those related to goodwill or intangible assets, long-lived assets, and investments in debt and equity securities, in each case, pursuant to GAAP, (5) any non-cash items of expense (other than to the extent such non-cash items of expense require an accrual or reserve for future cash expenses (provided that if such accrual or reserve is for contingent items, the outcome of which is subject to uncertainty, such non-cash items of expense may, at the election of the Tenant, be added to net income and deducted when and to the extent actually paid in cash)), (6) any Pre-Opening Expenses, (7) transaction costs for the spin-off of Tenant’s Parent, the entry into this Master Lease, the negotiation and consummation of the financing transactions in connection therewith and the other transactions contemplated in connection with the foregoing consummated on or before the date hereof, (8) non-cash valuation adjustments, (9) any expenses related to the repurchase of stock options, and (10) expenses related to the grant of stock options, restricted stock, or other equivalent or similar instruments; in the case of each of (1) through (10), of Tenant and the Subsidiaries of Tenant that are Guarantors on a consolidated basis for such period.

  • Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

  • Independent Amount means zero with respect to Party A and Party B.