Put Payment definition

Put Payment means with respect to any Contract or Underlying Contract constituting a lease, the payment, if any, required to be made by the Obligor under the terms of such lease in connection with the required purchase by such Obligor or Underlying Obligor of the related Equipment or Underlying Equipment at the end of the term of such lease.

Put Payment means the amount payable to a Warrant Holder upon exercise of its Put Rights under Clause 6.3 (Purchase of Warrants) and to be determined in accordance with the provisions in Schedule 7 (Put Payment).

Put Payment means, with respect to any Contract, the payment made pursuant to a provision in such Contract obligating the Customer to purchase the related Equipment upon termination.

Examples of Put Payment in a sentence

• First payment will be due at the successful Closing of the first Put ("Payment Date" or "Payment Dates"), and all subsequent payments will be made at the Closing of every Put thereafter, until this Note is paid in full.

• If the Company indicates in the Company Notice that it will pay the Put Payment Price with cash that the Company has on hand, then the Company must indicate how those funds were raised and when it will pay the Put Payment Price.

• The Company shall pay to each such Grantee the full amount of the Put Payment Price for each of the Shares that the Grantee has elected to have purchased by the Company as soon as possible after the delivery of the Put Exercise Notice; provided that, subject to section 4(c), such payment must be made not later than one hundred (100) days after delivery of the Put Exercise Notice (the "Payment Period").

• DLP shall continue to receive its quarterly compensation payments pursuant to Paragraph 11 of the Agreement on such Comparable Project until the Put Payment is made with respect to such Comparable Project.

• There will be a separate Put Payment calculation for the Florida Project and for each eligible Comparable Project.

More Definitions of Put Payment

Put Payment has the meaning set forth in Section 6.08(b).

Put Payment means the payment provided for in Section 1.3.1 of the Amendment Agreement upon the exercise by Buyer of its put option.

Put Payment has the meaning ascribed to such term in Section 2.3.

Put Payment under Section 7.8 and "Satellite Failure Payment" under Section 7.9, as the case may be, mean and shall be calculated as follows:

Put Payment means any payments made to holders of any Put Option.

Put Payment means an amount equal to the face value plus any accrued and unpaid dividends (including PIK Dividends) on the Parent Preferred Stock (after all adjustments provided for in Section 2.3(a)(ii)(B) or Section 2.3(a)(i)(E), as the case may be, have been made).

Put Payment has the meaning provided in Section 2.1(e).