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Funding Payment Agreement definition

Funding Payment Agreement means that agreement executed among the Reorganized Debtor, the Shareholders, and the Claimants’ Advisory Committee which provides for the Reorganized Debtor’s obligation to fund the Settlement Facility and/or the Litigation Facility from the Effective Date through and including the date of termination of the Settlement Facility and/or the Litigation Facility.
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Funding Payment Agreement means the Funding Payment Agreement by and among the Pantheon Members and the Company, as amended from time to time in accordance with the terms thereof.
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Examples of Funding Payment Agreement in a sentence

  • All assets received by the Settlement Facility shall be administered, held and distributed in accordance with the terms of this Agreement and the Funding Payment Agreement.

  • The Claims Administrator will use his or her best efforts to substantially complete and terminate the Settlement Facility and Trust within sixty (60) days after such termination of the Funding Payment Agreement.

  • From time to time, if and when the Claimants’ Advisory Committee determines that it needs professional advice and assistance beyond the expertise of the Claimants’ Advisory Committee members, it may retain professionals to perform specific tasks necessary for the Committee to fulfill its duties and obligations under the Settlement Facility Agreement, the Funding Payment Agreement, and the Plan Documents.

  • The Funding Payment Agreement provides that the net present value (“NPV”) of the Settlement Facility is $2.35 billion.

  • To the extent any such obligations are paid directly by the Reorganized Dow Corning, as specified in the Funding Payment Agreement and the Plan, such amount(s) shall be offset against the amounts to be paid by the Reorganized Dow Corning to the Settlement Facility, as provided in the Funding Payment Agreement.

  • The Debtor has executed and delivered a Funding Payment Agreement and an Insurance Allocation Agreement.

  • Payment of Claims will be governed solely by the Plan, this Settlement Facility Agreement, the Claims Resolution Procedures, and the Funding Payment Agreement.

  • Assets shall be transferred to the Settlement Facility in accordance with the terms of the Funding Payment Agreement and the Insurance Allocation Agreement.

  • The Settlement Facility and Trust shall terminate as soon as practicable after the Reorganized Dow Corning’s obligation to fund under the Funding Payment Agreement is terminated in accordance with Section 2.01(c) of the Funding Payment Agreement.

  • As specified at Section 4.08, the Finance Committee shall have the authority to file any action, suit, or proceeding on behalf of the Trust or to enforce the obligations set forth in the Funding Payment Agreement.

Related to Funding Payment Agreement

  • Payment Agreement means a written agreement which provides

  • Repayment Agreement means an agreement

  • Deferred payment agreement means an agreement in which no installment payments are required

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

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Assignment Amount with respect to a Bank Investor shall mean at any time an amount equal to the lesser of (i) such Bank Investor's Pro Rata Share of the Net Investment at such time and (ii) such Bank Investor's unused Commitment.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW ____ _], dated as of the date hereof, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with the form[s] of Consent and Agreement to be executed by the Manufacturer [and the Supplier -- A319's only] attached thereto.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

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

  • Lender Assignment Agreement means an assignment agreement substantially in the form of Exhibit D hereto.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Advance Payment Contract means any contract whereby any Credit Party either (a) receives or becomes entitled to receive (either directly or indirectly) any payment (an “Advance Payment”) to be applied toward payment of the purchase price of Hydrocarbons produced or to be produced from Oil and Gas Interests owned by any Credit Party and which Advance Payment is, or is to be, paid in advance of actual delivery of such production to or for the account of the purchaser regardless of such production, or (b) grants an option or right of refusal to the purchaser to take delivery of such production in lieu of payment, and, in either of the foregoing instances, the Advance Payment is, or is to be, applied as payment in full for such production when sold and delivered or is, or is to be, applied as payment for a portion only of the purchase price thereof or of a percentage or share of such production; provided that inclusion of the standard “take or pay” provision in any gas sales or purchase contract or any other similar contract shall not, in and of itself, constitute such contract as an Advance Payment Contract for the purposes hereof.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

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

  • 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.

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Sale and Contribution Agreement means the Sale and Contribution Agreement, dated as of the date hereof, relating to the sale and contribution by Credit Acceptance to the Seller of the Conveyed Property, as defined therein.

  • Termination Agreement has the meaning set forth in the Recitals.

Most Referenced Clauses

Most Referenced Definitions