Make-Whole Payments definition
Make-Whole Payments means payments in the aggregate of approximately $4.0 million that David J. Pecker, under his employment agreement with EMP Group L.L.C., as in effect on the Closing Date (which agreement shall be assumed by Holdings in the Merger), is entitled to in connection with the compensation he forfeited upon termination of his employment with Hachette Filipacchi Magazines, Inc., a portion of which became payable upon Mr. Pecker's termination of employment on March 31, 1999 and the remaining portion of which shall be payable on April 15, 2000.
Make-Whole Payments means any make whole payment payable in respect of any bond financing that from time to time constitutes a Senior Credit Facility.
Make-Whole Payments has the meaning assigned to such term in Section 7.13(a).
More Definitions of Make-Whole Payments
Make-Whole Payments means either Periodic Make-Whole Payments or Terminal Make-Whole Payments.
Make-Whole Payments means the payment issued to each 2024 Convertible Note Holder in the event that the VWAP (as defined in the 2024 Convertible Note Purchase Agreement) of the New iLearningEngines Common Stock over the ten (10) trading days immediate preceding the Reference Date is below the Conversion Price, which is equal to a number of additional Incentive Shares (rounded down to the nearest whole share) equal to (i) the Conversion Price, divided by the Reference Price (as defined below), minus (ii) one (1).
Make-Whole Payments the payments by the Borrower in cash or shares of Common Stock pursuant to its obligations described in Section III (F) of Annex I.
Make-Whole Payments the payments by the Borrower in cash or shares of Common Stock made in accordance with the provisions of the Stock Rights and Restrictions Agreement.
Make-Whole Payments has the meaning assigned to such term in Section 3.