Guaranteed Payments definition

Guaranteed Payments means, as to each Distribution Date, the amount equal to the sum of (i) the Guaranteed RIC Payments for such Distribution Date and (ii) the Scheduled Payments for such Distribution Date less the amount of any payment under this Policy of the Guaranteed RIC Payments for such Distribution Date that is required to be applied pursuant to the Sale and Servicing Agreement to pay such Scheduled Payments; provided, however, that the aggregate amount of payments guaranteed to be paid under this Policy shall not exceed the Outstanding Amount of the Notes plus all interest thereon.
Guaranteed Payments means, with respect to a Development Project and a calendar quarter, (1) if High Terms apply, the payments paid or payable pursuant to Sections 5.4(a) and 5.4(c) with respect to such calendar quarter, and (2) if Low Terms apply, the payments paid or payable pursuant to Section 5.5(a) and 5.5(c) with respect to such calendar quarter.
Guaranteed Payments means the guaranteed payments described in Section 707(c) of the Internal Revenue Code, as that section may be amended or renumbered.

Examples of Guaranteed Payments in a sentence

  • Executive will not receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed Payments.

  • The amount of the monthly payment will be at least that shown in the Table of Guaranteed Payments on Page 18.

  • The installments will be at least those shown in the Table of Guaranteed Payments on Page 18.

  • Profits and Losses, after deducting Guaranteed Payments, shall be allocated among the Members in proportion to their Percentage Ownership Interests.

  • This Guarantee shall terminate, with respect to any series of Debentures, upon the payment in full of the Guaranteed Payments with respect to such series of Debentures.


More Definitions of Guaranteed Payments

Guaranteed Payments means (without duplication) collectively (i) all Distributions due on the Preferred Securities, (ii) any Liquidation Distribution to which Holders are entitled, (iii) the Optional Redemption Price and (iv) any Additional Amounts;
Guaranteed Payments. ’ means collectively (i) all Distributions due on the Preferred Securities, (ii) any Distributions on the Preferred Securities which would have been due had the Issuer had sufficient legally available resources but only if, and to the extent that, the Issuer did not have such legally available resources solely due to a failure by the Bank to pay interest on the Subordinated Note or the Replacement Debt as and when due and payable under the terms thereof, (iii) any Liquidating Distribution, (iv) any amounts to which the Holders are entitled in respect of redemption of the Preferred Securities and (v) any Additional Amounts;
Guaranteed Payments means the following payments or distributions, without duplication, with respect to the Preferred Securities, to the extent not paid or made by the Trust or the Bank: (i) any accrued and unpaid Distributions that are required to be paid on such Preferred Securities, to the extent the Trust shall have funds available therefor, (ii) the redemption price, including all accrued and unpaid Distributions to the date of redemption (the "Redemption Price"), to the extent the Trust has funds available therefor, with respect to any Preferred Securities called for redemption by the Trust, and (iii) upon a voluntary or involuntary dissolution, winding-up or termination of the Trust (other than in connection with the distribution of Debentures to the Holders in exchange for Preferred Securities as provided in the Trust Agreement), the lesser of (a) the aggregate of the liquidation amount and all accrued and unpaid Distributions on the Preferred Securities to the date of payment, to the extent the Trust shall have funds available therefor (the "Liquidation Distribution"), and (b) the amount of assets of the Trust remaining available for distribution to Holders in liquidation of the Trust.
Guaranteed Payments means (a) the Guaranteed Payments as defined in the Initial Agreement, except that, for any period, such term shall include Minimum Base Compensation (as defined in the First Group Employment Agreements) only to the extent the Minimum Base Compensation for that period exceeds the actual Base Compensation for that period (as defined in the First Group Employment Agreements), plus (b) $5,000 a month.
Guaranteed Payments means (without duplication) collectively (i) all Distributions (or Relevant Proportion thereof) due on the Preferred Securities, (ii) any Liquidation Distribution (or Relevant Proportion thereof) to which Holders are entitled, (iii) the Optional Redemption Price and (iv) any Additional Amounts;
Guaranteed Payments shall have the meaning set forth in Section 10.2(a) herein.
Guaranteed Payments has the meaning set forth in Section 2.6(a)(iv).