Required Payments definition

Required Payments means each of the items described in (i) through (xii) of Section 3.4 of the Indenture.

Required Payments means each of the items described in clauses 1 through 4 of Section 7.06(a).

Required Payments means with respect to any Payment Date, the items set forth in (i) through (xii) of Section 3.04(a) of the Indenture and Servicing Agreement without regard to Available Funds.

Examples of Required Payments in a sentence

• Truist may, at any time and from time to time, assign all or any part of its interest in the Security Property or this Agreement, including, without limitation, Truist's rights to receive Required Payments.

• In addition, upon the occurrence of any Event of Nonappropriation, Truist may, without any further demand or notice, (a) withdraw any balance remaining in the Project Fund and apply such balance against outstanding Required Payments in any manner Truist may reasonably deem appropriate, and (b) take action with respect to the Lessee and the Equipment as contemplated in Section 6.05.

• There shall be no abatement or reduction of the Required Payments for any reason, including, but not limited to, any defense, recoupment, setoff, counterclaim, or any claim (real or imaginary) arising out of or related to the Equipment, except as expressly provided in this Agreement.

• Notwithstanding that the Budget Officer includes such an appropriation for Required Payments in a proposed budget, the Governing Board may determine not to include such an appropriation in the Lessee's final budget for such Fiscal Year.

• The obligations of the Borrower to make, or cause to be made, Required Payments and to perform and observe all other covenants, conditions and agreements hereunder shall be general obligations of the Borrower and shall be absolute and unconditional, irrespective of any defense or any rights of setoff, recoupment or counterclaim the Borrower might otherwise have against the Authority or the Bondholder.

More Definitions of Required Payments

Required Payments means, with respect to any Distribution Date, the sum of the Monthly Interest and the Monthly Principal for such Distribution Date.

Required Payments means all obligations arising during any ----------------- fiscal year for (i) operating expenses and capital expenditures, including reimbursements payable to the General Partner, (ii) any reserves deemed necessary or appropriate by the General Partner, and (iii) all payments of any kind on all Partnership borrowings.

Required Payments means each of the items described in (i) through (xv) of Section 3.4 of the Indenture.

Required Payments means, with respect to any Payment Date, the amounts described in clauses (ii), (iii) and (iv) under "Flow of Funds" above on such Payment Date.

Required Payments shall have the meaning assigned thereto in Section 5(d).

Required Payments means all payments required under Section 2.5(b)(v) through (vi) of this Agreement or subject to or required to be subject to an Irrevocable Instruction, which amounts shall be free of any deductions for or on account of any set–off, counterclaim or defense and shall be deposited into the Collection Account for application in accordance with the terms of this Agreement.

Required Payments as defined in Section 3.04(b). ----------------- Required Reserve Amount: as of any time, the lesser of (a) 1.00% of ----------------------- the initial Discounted Present Value of the Leases as of the Cut-Off Date and (b) the then Outstanding Principal Amount of the Notes.