Specified Restricted Payment definition

Specified Restricted Payment means any Restricted Payment pursuant to Section 8.06(e) or (f).

Specified Restricted Payment means any Restricted Payment pursuant to Section 7.07(a)(vi).

Specified Restricted Payment means any Restricted Payment pursuant to Section 8.06(e).

Examples of Specified Restricted Payment in a sentence

• It is hereby agreed to and understood by the parties that this consent is a one-time consent related to the making of the 2013 Specified Restricted Payment made with $25,000,000 consisting of cash on hand only and is not an amendment to the Credit Agreement with respect to any other restrictions on Restricted Payments on any other occasion, nor is it a waiver of any Default or Event of Default now existing or hereafter arising under the Credit Agreement.

• This way, trade-offs between life cycle stages and/or environmental problem areas are prevented.

• The parties hereto acknowledge and agree that that certain letter agreement dated as of June 27, 2013 (the “Consent Agreement”) by and among the Loan Parties, the Administrative Agent and the Lenders, pursuant to which the Lenders provided their consent to the making of the 2013 Specified Restricted Payment (as defined in the Consent Agreement) subject to the terms and conditions thereof, is hereby terminated and of no further force and effect.

• Subject to the terms and conditions of this letter agreement (this “Letter Agreement”), the Administrative Agent and the Lenders hereby consent to the making of the 2013 Specified Restricted Payment; provided that such consent Trans World Entertainment Corporation, as Lead Borrower June 27, 2013 shall be rescinded and of no further force and effect if the 2013 Specified Restricted Payment have not occurred on or before September 3, 2013.

• Parent shall not make any Restricted Payments other than the Specified Restricted Payment.

More Definitions of Specified Restricted Payment

Specified Restricted Payment means any Restricted Payment permitted to be made under this Agreement so long as immediately prior to and immediately after giving effect (including giving effect on a Pro Forma Basis) to such Restricted Payment the aggregate amount of unrestricted and unencumbered cash and Cash Equivalents of Holdings and its Subsidiaries is at least $25,000,000.

Specified Restricted Payment means any Restricted Payment pursuant to Section 6.08(a)(viii) or 6.08(a)(xii).

Specified Restricted Payment means a Restricted Payment referred to in clauses (1), (2), and (4) of Section 4.05(a).

Specified Restricted Payment means that certain purchase by the Parent of Equity Interests issued by the Parent in the amount of $22,204,000, that occurred on November 16, 2022.

Specified Restricted Payment means any Restricted Payment with respect to which the Payments Conditions apply.

Specified Restricted Payment means the repurchase of the Borrower’s Equity Interests made on October 6, 2020.

Specified Restricted Payment means any Restricted Payment under Sections 6.08(a)(xiv) and/or (xx), in each, other than any Restricted Payment constituting a Permitted Dividend Payment.