Finch Payment definition

Finch Payment means Cash in the amount of $200,000.00 to be deposited into the IOLTA account of Charles Finch’s counsel no later than one (1) day prior to the Confirmation Hearing and paid to the Creditor Trust on the Effective Date.

Examples of Finch Payment in a sentence

  • For the avoidance of doubt, each Finch Party shall not be deemed a Released Party and shall not be released by the Debtors, the Debtors’ Estates, or the Creditor Trust until the indefeasible satisfaction in full of the Finch Payment.

  • The Finch Payment shall be made on the Effective Date in accordance with Article IV.F.2 hereof.

  • Upon the timely, complete, and indefeasible payment in full of the Finch Payment, each of the Finch Parties shall be deemed Released Parties under the terms of this Plan.

Related to Finch Payment

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Delta Payment means as it is described in this Agreement.

  • Interim Payment has the meaning specified in Section 10.1.

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Payment Amount as defined in Section 3.5.

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Grenfell Tower support payment means a payment made to a person because that person was affected by the fire on 14th June 2017 at Grenfell Tower, or a payment to the personal representative of such a person—

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.