Prior Payment definition
Examples of Prior Payment in a sentence
Prior Payment to Senior Indebtedness Upon Acceleration of Securities .
If any such Prior Payment, or any part thereof is rescinded, reduced, restored or returned, the agreement and obligation to make such Prior Payments shall be reinstated and the obligation to make such Prior Payment shall be reduced only by such amount paid and not so rescinded, reduced, restored or returned.
Securities Subordinated to Prior Payment of all Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company.
Securities Subordinated to Prior Payment of all Senior Indebtedness on Dissolution, Liquidation or Reorganization of Company .
Securities Subordinated to Prior Payment of All Senior Debt on Dissolution, Liquidation or Reorganization of Company...........
Securities Subordinated to Prior Payment of All Senior...................................
Securities Subordinated to Prior Payment of All Senior Indebtedness on Dissolution, Liquidation or Reorganization.
SFA - 26 (c) Set-Off for Prior Payment .................................
The portion of a Prior Payment that is deemed to be on behalf of the Generico Parties shall be the portion which bears the same proportion to the Prior Payment as the portion of Covered Group Taxes to which the Prior Payment relates that constitute Generico Taxes bears to the amount of Covered Group Taxes to which the Prior Payment relates for the taxable year.
The portion of a Prior Payment that is deemed to be on behalf of the Alpha Parties shall be the portion which bears the same proportion to the Prior Payment as the portion of Covered Group Taxes to which the Prior Payment relates that constitute Alpha Taxes bears to the amount of Covered Group Taxes to which the Prior Payment relates for the taxable year.