Restructuring Payment definition

Restructuring Payment means the First Out Waterfall Restructuring Payment and/or the Last Out Waterfall Restructuring Payment, as the context may require.
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Restructuring Payment means the Restricted Payment to be made on the Closing Date in connection with the Restructuring Transactions as contemplated by the Registration Statement (under the heading "Use of Proceeds") in an aggregate amount not exceeding $320 million.
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Restructuring Payment has the meaning specified in Section 1.4 of the Restructuring Support Agreement.
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Examples of Restructuring Payment in a sentence

  • The information with respect to the Mortgage Loans and Servicing Rights included in the March Data Tape (solely with respect to Servicing Rights with respect to which the Seller has received the related Lump-Sum Payment (as defined in the Master Agreement) or the related Fee Restructuring Payment (as defined in the New RMSR Agreement)) and the Data Tape provided to the Purchaser with respect to such Transfer Date, are true and accurate in all material respects as of the dates specified therein.

  • Holdings’ option to pay Seller an amount equal to the Fee Restructuring Payment in respect of any Group as described above is referred to herein as the “Fee Restructuring Payment Option”.

  • For the avoidance of doubt, to the extent that no Event of Default has occurred and is continuing, the Parent shall be permitted to make the McKesson Restructuring Payment in accordance with the terms of the McKesson Restructuring Agreement as in effect on the date hereof.

  • The information with respect to the Mortgage Loans and Servicing Rights included in the March Data Tape (solely with respect to Servicing Rights with respect to which the Seller has received the related Settlement Payment or Fee Restructuring Payment (each as defined in the Master Agreement)) and the Data Tape provided to the Purchaser with respect to such Transfer Date, are true and accurate in all material respects as of the dates specified therein.

  • In such a circumstance, Holdings shall pay the Fee Restructuring Payment by wire transfer of immediately available funds prior to the end of the Option #1 Exercise Deadline to Seller’s account in the USVI pursuant to written instructions to be provided by Seller.

  • Restructuring Payment: Counterparty and JPMorgan agreed that effective February 26, 2003 the following Transactions entered into between the parties bearing JPMorgan's reference numbers 2170973, 2160007, 2119032, 2119029, 2119030, and 2280978 the terms Number of Shares and Strike Price have been amended as evidenced in the amended Confirmations dated February 26, 2003 for such Transactions.

  • Notwithstanding anything to the contrary herein contained, if Landlord draws upon the Letter of Credit to make a Rent Restructuring Payment, in no event shall Tenant have any obligation to provide to Landlord an Additional Letter of Credit in the amount of such Rent Restructuring Payment.

  • INTERMEC REPORTS FIRST QUARTER 2009 RESULTS IN-LINE WITH GUIDANCE§ Q1’09 Revenue of $163 million; EPS Net Loss of ($0.17), Including ($0.09) Restructuring § Operating Cash Flow Positive, Including Restructuring Payment Impact EVERETT, Wash.

  • The Borrower promises to pay any Non-Callable Make Whole Amount, any CoC Fee and the First Out Waterfall Restructuring Payment (each, as defined in the Facility Agreement) that is due on the First Out Waterfall Loan in accordance with the Facility Agreement.

  • Restructuring Payment: With respect to the amended terms to Number of Shares and Strike Price indicated herein, any payment details associated with such amendments have been documented in a Confirmation dated February 26, 2003 for a Transaction entered into between the parties bearing JPMorgan's reference number 2119029.


More Definitions of Restructuring Payment

Restructuring Payment means a payment in an amount equal to the sum and total of all Annual Restructuring Payments due Tacoma from Cascade in accordance with Section 9 (Restructuring Payment), which such amount is, as of the Effective Date, the amount due and owing Tacoma from Cascade to fairly and reasonably compensate Tacoma ratepayers for regional investments made in reliance on Cascade's full and satisfactory performance of its obligations arising under the 2005 Water Supply Agreement. The Restructuring Payment is an amount determined by the Parties to be reasonably related to, and is in lieu of, the performance of obligations heretofore required of Cascade under Subsection 9.2 of the 2005 Water Supply Agreement. The Restructuring Payment is not a payment made pursuant to a wholesale "rate" or derived from any such rate, charge or fee for the sale of water to Cascade or to any other Person. The Restructuring Payment is not due or made pursuant to a sale of water, nor is such payment made in consideration of, dependent or contingent upon, or in any way connected with, the sale of water to Cascade or to any other Person.
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Restructuring Payment means the difference between (i) the amount to be paid by the Issuer in respect of its acquisition of the New Bonds on the Restructuring Effective Date and (ii) the amount to be received by the Issuer in respect of its sale of the Original Bonds on the Restructuring Effective Date.
Sample 1

Related to Restructuring Payment

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • Restructuring Date means the date on which a Restructuring is legally effective in accordance with the terms of the documentation governing such Restructuring.

  • Restructuring Event means the occurrence of any one or more of the following events:

  • Restructuring Plan means the extrajudicial restructuring plan, filed with the Sao Paulo Bankruptcy and Reorganization Court on August 19, 2020 (the “Restructuring Plan Filing Date”), providing for the issuance of the Securities and of the New Notes in exchange for the restructuring of various financial debts of OEC and certain of its Affiliates, as duly amended from time to time.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring by U.S. Borrower and/or one or more of its Subsidiaries, including in connection with integration of acquired businesses or persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation or consolidation of facilities, including severance, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Restructuring Agreement shall have the meaning set forth in the recitals.

  • Restructuring Loss means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Restructuring Claim means any right or claim of any Person against the Participating CCAA Parties (or any one of them) in connection with any indebtedness, liability or obligation of any kind whatsoever owed by the Participating CCAA Parties (or any one of them) to such Person, arising out of the restructuring, disclaimer, resiliation, termination or breach or suspension, on or after the applicable Filing Date, of any contract, employment agreement, lease or other agreement or arrangement, whether written or oral, and whether such restructuring, disclaimer, resiliation, termination or breach took place or takes place before or after the date of the Amended Claims Procedure Order, and, for greater certainty, includes any right or claim of an Employee of any of the Participating CCAA Parties arising from a termination of its employment after the applicable Filing Date, provided, however, that “Restructuring Claim” shall not include an Excluded Claim;

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, less the sum of (a) interest on any debt paid by the increase in the principal amount of such debt including by issuance of additional debt of such kind, (b) items described in clause (c) of the definition of “Consolidated Interest Expense” and (c) gross interest income of the Designated Company and its Restricted Subsidiaries for such period.

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Restructuring Charges means any charges or expenses in respect of restructuring or consolidating any business, operations or facilities, any compensation or headcount reduction, or any other cost savings, of any Persons or businesses either alone or together with the Company or any Restricted Subsidiary, as permitted by GAAP or Regulation S-X under the Securities Act.

  • Permitted Tax Restructuring means any reorganizations and other activities related to Tax planning and reorganization entered into prior to, on or after the date hereof (including the Transactions) so long as such Permitted Tax Restructuring is not adverse to the Lenders in any material respect (as reasonably determined by the Borrower in good faith); provided that the Transactions shall not be considered adverse to the Lenders, in any material respect.

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Issuer or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of or collection on such Designated Non-cash Consideration.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Non-Cash Consideration means consideration in a form other than cash.