Mandatory Payments means, individually or collectively as the context may require, any and all mandatory payments required to be made on the Loan pursuant to Section 1.5 of this Agreement.
Mandatory Payments has the meaning specified in Section 2.07(a).
Mandatory Payments means any amount described in subsections 2.4A(iii)(a)-(e) of the Revolver Credit Agreement and subsections 2.4A(ii)(a)-(e) of the Term Loan Agreement to be applied as a prepayment of the Term Loans and/or the Revolver Loans and/or a permanent reduction of the Revolver Loan Commitments.
Examples of Mandatory Payments in a sentence
The Borrowers shall repay the outstanding principal amount of the Term Facility in quarterly installments, each in an amount equal to $7,500,000 (as such installments may hereafter be adjusted as a result of Mandatory Payments made pursuant to Section 1.5 of this Agreement or prepayments made pursuant to Section 1.4(f) of this Agreement), with the remaining principal balance due on the Maturity Date, unless accelerated sooner pursuant to this Agreement.
More Definitions of Mandatory Payments
Mandatory Payments means any amount described in subsections 2.3A(i)(a)-(f) of the Detroit L/C Facility Agreement or 2.4A(iii)(a)-(g) of the New L/C Facility Agreement to be applied as a Mandatory Payment (as such term is defined in each Facility Agreement).
Mandatory Payments means the mandatory payments required to be made pursuant to Section 1.5 of this Agreement.
Mandatory Payments means payments that Amylin is required to make pursuant to Sections 4.4(a) and 4.4(b) of the Settlement and Termination Agreement, subject to the terms and conditions set forth in Article IV of the Settlement and Termination Agreement (which payments, for clarity, may be subject to reduction or termination in accordance with the provisions of Section 4.5 and 4.6 of the Settlement and Termination Agreement).
Mandatory Payments has the meaning given to it in Section 5.1(b).
Mandatory Payments means payments in respect of all claims required for approval of the Proposal pursuant to section 60 of the Act.
Mandatory Payments has the meaning specified in clause "Fifth" of Section 5.03(b).
Mandatory Payments means payroll deductions such as PAYE and UIF