Common use of Installment Payments Clause in Contracts

Installment Payments. The Company or any member of the Controlled Group has failed to make an installment or any other payment which could result in a lien under Section 430(k) of the Code with respect to a liability in excess of $60,000,000.

Appears in 4 contracts

Sources: Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Installment Payments. The Company or any member of the Controlled Group has failed to make an installment or any other payment which could result in a lien under Section 430(k412(n) of the Code with respect to a liability in excess of $60,000,00020,000,000.

Appears in 3 contracts

Sources: Term Loan Credit Agreement (Woodward Governor Co), Term Loan Credit Agreement (Woodward Governor Co), Credit Agreement (Woodward Governor Co)

Installment Payments. The Company or any member of the Controlled Group has failed to make an installment or any other payment which could result in a lien under Section 430(k) of the Code with respect to a liability in excess of $60,000,00030,000,000.

Appears in 2 contracts

Sources: Term Loan Credit Agreement (Woodward, Inc.), Credit Agreement (Woodward, Inc.)

Installment Payments. The Company or any member of the Controlled Group has failed to make an installment or any other payment which could result in a lien under Section 430(k) of the Code with respect to a liability in excess of $60,000,00085,000,000.

Appears in 1 contract

Sources: Credit Agreement (Woodward, Inc.)