SIHPL Contingent Payment Undertaking definition

SIHPL Contingent Payment Undertaking means the contingent payment undertaking agreement originally dated on or about 12 August 2019 and as amended by an "Amendment Deed" dated 21 August 2019, between SIHPL and Global Loan Agency Services Limited in respect of the facility agreement between, amongst others, Steenbok Lux Finco 1 S.à r.l. and Global Loan Agency Services Limited , as amended from time to time.
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SIHPL Contingent Payment Undertaking means the contingent payment undertaking agreement originally dated on or about 12 August 2019 and as amended by an "Amendment Deed" dated 21August 2019, between SIHPL and Global Loan Agency Services Limited in respect of the facility agreement between, amongst others, Steenbok Lux Finco 1 S.à r.l. and Global Loan Agency Services Limited , as amended from time to timehas the meaning given to the defined term “SIHPL CPU” in the SIHPL Section 155 Proposal.
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SIHPL Contingent Payment Undertaking means the contingent payment undertaking in the form referred to in scenario 2 of paragraph 36.6.5 of Part E (Key terms of the Restructuring and implementation).
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Examples of SIHPL Contingent Payment Undertaking in a sentence

  • Upon the implementation of the CVA, the 2021 and 2022 convertible bonds issued by SFHG were restructured into the 21/22 Term Loan Facility and the SIHPL Contingent Payment Undertaking ("CPU") replaced the financial guarantee previously issued by the Company.

  • For the avoidance of doubt, no waivers are given under this Deed in respect of any breach of, or Default under, the Original SIHPL Contingent Payment Undertaking or the Amended and Restated SIHPL Contingent Payment Undertaking.

  • Following a demand on the Existing SFHG Debt, by the relevant SFHG Trustees, acting on behalf of the CB Creditors under the SFHG 2021 Convertible Bonds and the SFHG 2022 Convertible Bonds in accordance with those instruments, then the SIHPL Contingent Payment Undertaking shall be dated, released and become effective in accordance with its terms.


More Definitions of SIHPL Contingent Payment Undertaking

SIHPL Contingent Payment Undertaking means the contingent payment undertaking in the form referred to in scenario 2 of paragraph 35.6.5 of Part E (Key terms of the Restructuring and implementation).
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Related to SIHPL Contingent Payment Undertaking

  • Identified Contingent Liabilities means the maximum estimated amount of liabilities reasonably likely to result from pending litigation, asserted claims and assessments, guaranties, uninsured risks and other contingent liabilities of the Borrower and its Subsidiaries taken as a whole after giving effect to the Transactions (including all fees and expenses related thereto but exclusive of such contingent liabilities to the extent reflected in Stated Liabilities), as identified and explained in terms of their nature and estimated magnitude by responsible officers of the Borrower.

  • Delta Payment means as it is described in this Agreement.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1997-1 Termination Date.

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.