Permitted Payment definition

Permitted Payment as defined in Subsection 8.2(b).
Permitted Payment means a Permitted Hedge Payment, a Permitted Intra-Group Payment, a Permitted Senior Parent Payment, a Permitted Second Lien Payment, a Permitted Senior Payment or a Permitted Investor Payment.
Permitted Payment means any of the following:

Examples of Permitted Payment in a sentence

  • The Borrower, in its sole discretion, may classify and reclassify any Investment or other Restricted Payment or Permitted Payment as being made in part under one of the provisions of this covenant (or in the case of any Investment, the clauses or subclauses of Permitted Investments) and in part under one or more other such provisions (or, as applicable, clauses or subclauses).


More Definitions of Permitted Payment

Permitted Payment has the meaning specified in Section 6.02(b).
Permitted Payment has the meaning given to it in Clause 16.13(c) (Restricted Payments).
Permitted Payment means any payment:
Permitted Payment means any payment or receipt expressly permitted by clause 4 (Permitted Payments) so long as it is so permitted.
Permitted Payment means the legal payment of wages, commissions, consulting fees or similar compensation or work- related expenses in the employment context.
Permitted Payment. 1009 "Private Placement Legend" 202 "Purchase Money Security Agreement" 101 "refinancing" 1008 "Required Filing Date" 1019 "Restricted Payments" 1009 "Restricted Period" 201 "Revocation" 1018 "Securities" Recitals "Security Amount" 0000 "Xxxxxxxx Xxxxxxxx" 305 "Security Registrar" 305 "Series A Securities" Recitals "Series B Securities" Recitals "Special Payment Date" 309 "Surviving Entity" 801 "Surviving Guarantor Entity" 801 "U.S. Government Obligations" 404 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture and as may be requested by the Trustee, the Company and any Guarantor (if applicable) and any other obligor on the Securities (if applicable) shall furnish to the Trustee an Officers' Certificate in a form and substance reasonably acceptable to the Trustee stating that all conditions precedent, if any, provided for in this Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with, and an Opinion of Counsel in a form and substance reasonably acceptable to the Trustee stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such certificates or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or Opinion of Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include:
Permitted Payment has the meaning assigned to such term in Section 4.07(b).