Guaranteed Payment Date definition

Guaranteed Payment Date means each February 15 and August 15 of each year.
Guaranteed Payment Date has the meaning defined in Section 3.4 of this Agreement.
Guaranteed Payment Date has the meaning set forth in Section 12.2(b).

Examples of Guaranteed Payment Date in a sentence

  • For purposes of this Section 13.5, the Class A Limited Member Preferred Return shall be determined as if each Liquidation Period Guaranteed Payment Date constituted a Class A Distribution Date.

  • The contractor, client, heating and energy firms, and the facility manager formed a partnership, in the form of a multi-party contract, an integrated contract that included sophisticated energy requirements and 20 years maintenance.

  • For purposes of this Section 13.7, the Limited Member Preferred Return shall be determined as if the last Class A Distribution Date and Class B Distribution Date occurring prior to the Liquidation Period and each Liquidation Period Guaranteed Payment Date constituted a Class A Distribution Date or Class B Distribution Date, as the case may be.

  • Notwithstanding anything herein to the contrary, if Buyer fails to make the payments set forth in Section 3.1, 3.2, and/or 3.4 by the respective Payment Date, Quarterly Payment Date, and/or Guaranteed Payment Date, Seller will charge a late fee of the lesser of a) * and a * percent (*%) per month and b) the maximum rate allowable by applicable law on any balance remaining unpaid for more than thirty (30) days from the each payment due date stipulated in this Agreement, and Buyer shall pay such late fee.

  • To the extent that the value of the Guaranteed Payments otherwise due on any Guaranteed Payment Date is less than the amount of the unreimbursed Losses incurred prior to such Guaranteed Payment Date, the Guaranteed Payments otherwise payable on next Guaranteed Payment Date thereafter shall be appropriately reduced.

  • AVT shall reduce the cash portion of the applicable Annual Guaranteed Payment so that such payment shall not, when taken together with the Class A Cash Consideration, the Class B Cash Consideration and the cash paid or payable as of such Guaranteed Payment Date under this Section 3.3, constitute more the sixty percent (60%) of the Merger Consideration.

  • Distributions will be payable, in arrears, to holders of record of Series B Preferred Units as they appear on the books of the Partnership on each record date, which shall be not more than 45 days preceding the applicable Guaranteed Payment Date, as shall be fixed by the General Partner.

  • Notwithstanding anything to the contrary in this Section 3.3(a), in no event shall the Class A Holder receive more than 100,000 Guaranteed Payment Shares on any Guaranteed Payment Date.

  • Additional consideration of $978,355 --------------------------- (the "Annual Guaranteed Payments") will be paid by AVT to the Class A Holder within 30 days after the end of each of the years ending December 31, 2001, 2002 and 2003 (each a "Guaranteed Payment Date") except in the event of the Class A Holder's death or total disability (as defined below), in which case the requirements of Section 3.3(e) shall govern.


More Definitions of Guaranteed Payment Date

Guaranteed Payment Date means the LLC Distribution Date, or if there is no LLC Distribution Date with respect to a fiscal quarter, the 60th day following the last day of the fiscal quarter.
Guaranteed Payment Date means the last calendar day of March, June, September and December in each year.

Related to Guaranteed Payment Date

  • Guaranteed Payment for each Class of Notes and any Payment Date means the sum of (i) the related Guaranteed Principal Payment Amount plus (ii) the related Aggregate Investor Interest for the Payment Date.

  • Guarantor Payment Date means (a) prior to the delivery of a Guarantor Default Notice, the date falling on the 10th day of February, May, August and November of each year or, if such day is not a Business Day, the immediately following Business Day, provided that the fist Guarantor Payment Date will be 10 February 2014; and (b) following the delivery of a Guarantor Default Notice, any day on which any payment is required to be made by the Representative of the Covered Bondholders in accordance with the Post-Enforcement Priority of Payments, the relevant Final Terms and the Intercreditor Agreement.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Required Payment shall have the meaning assigned such term in Section 4.04.

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in May 2023.

  • Guarantor Payment as defined in Section 5.11.3.

  • Total Required Payment means, for a Payment Date, the sum of

  • Required Payments means each of the items described in (i) through (xii) of Section 3.4 of the Indenture.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Restricted Payment Transaction means any Restricted Payment permitted pursuant to Section 409, any Permitted Payment, any Permitted Investment, or any transaction specifically excluded from the definition of the term “Restricted Payment” (including pursuant to the exception contained in clause (i) and the parenthetical exclusions contained in clauses (ii) and (iii) of such definition).

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Restricted Payment means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Borrower or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in the Borrower or any option, warrant or other right to acquire any such Equity Interests in the Borrower.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in August 2022.

  • Class E Final Scheduled Payment Date means the Payment Date occurring in June 2023.

  • Defaulted Payment has the meaning specified in the definition of “Defaulting Lender”.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class A-4 Final Scheduled Payment Date means the Payment Date in February 2024.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;