Preferred Payment definition

Preferred Payment means the distribution to the Preferred Members of the Initial Liquidation Preference plus the aggregate Preferred Returns earned thereon in full.

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Preferred Payment means any payment not exceeding the outstanding Commitment of the relevant Lender received by or for the account of a Lender in freely convertible and transferable currencies (“Convertible Currencies”) under circumstances in which any authority having the power to regulate foreign exchange in the Russian Federation or any other jurisdiction through which any payment due under any of the Finance Documents is made (each, a “Restricted Country”) is not generally permitting the conversion of the currency of such Restricted Country into Convertible Currencies or the remittance of Convertible Currencies from such Restricted Country, but that Lender is either being exempted from such foreign exchange restrictions or is otherwise being afforded preferential treatment by foreign exchange being made available for obligations owed to it in Convertible Currencies.

Preferred Payment means any payment received by the Multilateral Financial Institution under any MFI Facility at any time outstanding, in freely convertible and transferable currencies (“Convertible Currencies”) in circumstances in which the Central Bank of Mexico, or any other Mexican authority having the power to regulate foreign exchange, is not generally permitting the conversion of Pesos into Convertible Currencies or the remittance of Convertible Currencies from Mexico, but such Multilateral Financial Institution is either being exempted from such foreign exchange restrictions or is otherwise being afforded preferential treatment by foreign exchange being made available for obligations owed to it in Convertible Currencies.

Examples of Preferred Payment in a sentence

• You may select a Preferred Payment Method each time you make a payment, except for a Preapproved Payment or a No Log-In Payment.

• On the Series A PIK Preferred Payment Date, the Partnership shall issue to such Series A Unitholder a Certificate or Certificates for the number of Series A PIK Preferred Units to which such Series A Unitholder shall be entitled.

• If the Preferred Payment Method in your PayPal account cannot complete a transaction after repeated attempts, each of the other payment methods available in your PayPal account may be used to try to complete the transaction.

• If the Preferred Payment Method fails (for example, a credit card or debit card expires) and your PayPal account cannot complete a transaction, it may be used again to try to complete the transaction.

• For a Preapproved Payment in these countries, you can select a Preferred Payment Method when you provide your initial authorization for this payment and through the My Preapproved Payments section of your Account Profile.

More Definitions of Preferred Payment

Preferred Payment has the meaning given to that term in Clause 32.5.2 (Exceptions).

Preferred Payment shall have the meaning ascribed to it in Section 10.3(a)(i).

Preferred Payment has the meaning set forth in Section 2.6.

Preferred Payment means each of the following:

Preferred Payment means an amount determined for each Payment Period or portion thereof equal to the product of the Unrecovered Capital of the Trinity Class B Member at the time of determination and the Funding Rate for such Payment Period (or portion thereof).

Preferred Payment means the amounts distributable to the Preferred Members pursuant to Sections 10.3(a)(i) and (ii).

Preferred Payment means the aggregate Preferred Per Share Amount payable to all Preferred Stockholders at the Effective Time as set forth in Section 2.4(b).