Payoff Amount. The aggregate amount of Obligations owing by the Borrower on the date of this letter (the “Payoff Amount”) is as follows: Principal $0 Accrued Interest $0 Accrued Commitment Fees $_____ Accrued Letter of Credit Fees $_____ Total Payoff Amount $_____ provided, however, if the Payoff Amount is not paid in full (without condition or deduction for any counterclaim, defense, recoupment or setoff) to the Administrative Agent in Dollars in immediately available funds prior to 2:00 p.m. Eastern time on the date of this letter, as long as the Borrower has not requested any Borrowing after the date hereof, the Payoff Amount shall be increased by $[] for each twenty-four (24) hour period (or portion thereof) thereafter until the receipt of the Payoff Amount (as so increased).
Payoff Amount. Merger Partner will make a payment in an amount of $6,000,000 in the aggregate available for the purpose of satisfying the Payoff Obligation and other outstanding liabilities of Public Company (not taking into account any liabilities of the subsidiaries of Public Company) prior to or at the Effective Time (the “Payoff Amount”).
Payoff Amount. Seller shall promptly use the Payoff Amount to pay, satisfy, discharge and perform in respect of all liabilities, obligations and indebtedness of Seller under the Bank Credit Agreements as of the Closing Date.
Payoff Amount. SHW shall pay Three Million Dollars ($3,000,000) (the "Pay-off Amount") to the Bank of Tokyo-Mitsubishi by wire transfer to the account designated on Schedule 1, attached hereto.
Payoff Amount. Not later than 3:00 p.m. New York City time on the date hereof, the Issuing Entity shall pay (or caused to be paid) to Deutsche Bank, as Managing Agent for the Deutsche Bank Purchaser Group, the following amounts with respect to the Series 2012-VFN Note held by Deutsche Bank on behalf of the Deutsche Bank Purchaser Group: Principal: $61,250,000 Accrued Series 2012-VFN Monthly Interest: $7,483.06 Accrued Non-Use Fees: $5,166.67
Payoff Amount. At or before noon (New York time) on the date hereof (the “Payoff Time”), the Amerisource Parties shall, jointly and severally, pay to (i) Bank of America, the amounts set forth on Schedule I hereto (such amounts, collectively, the “Bank of America Payoff Amount”) representing the aggregate amount due and owing to Bank of America by the Amerisource Parties under the Receivables Purchase Agreement and each of the other Transaction Documents and (ii) Xxxxx Xxxxx LLP, as counsel to Bank of America, the amount set forth on Schedule II hereto (such amount, the “Bank of America Attorney Fees”; together with the Bank of America Payoff Amount, collectively, the “Payoff Amount”) representing fees and expenses of such counsel in connection with the transactions contemplated hereby. Payment of each portion of the Payoff Amount shall be made by wire transfer of immediately available funds in accordance with the applicable payment instructions set forth on Schedules I and II hereto.
Payoff Amount. The aggregate amount due to Fifth Third and its counsel under the Terminating Documents, if paid in immediately available funds by 1:00 p.m. (New York time), on the date hereof (the “Payoff Time”), is set forth more specifically on Schedule II hereto (such aggregate amount, the “Payoff Amount”).
Payoff Amount. At the Closing, the Buyer shall cause to be remitted on behalf of the Company (i) to each Lender (or an agent on behalf of all such Lenders) an amount by wire transfer of immediately available funds, as specified in the applicable Payoff Letter, necessary to repay all outstanding principal and accrued but unpaid interest thereon up to and including the Closing Date owed by the Company or any Company Subsidiary, pursuant to the applicable Loan Agreements, and any prepayment, defeasance or similar fees or penalties, and any and all costs and expenses of the Lenders related to such payoffs and (ii) immediately available funds in an amount (as reasonably and mutually agreed between the Buyer and the Company prior to the Closing, provided that such amount will not be less than the amount required to redeem the Redeemed Notes on the applicable redemption date assuming the applicable interest rates remain the same as of the Closing Date and giving effect only to market announcements that have been announced prior to the Closing Date) sufficient to repay and redeem in full the debt instruments listed on Schedule 2.02(c)(ii) of the Company Disclosure Letter (to the extent outstanding as of the Closing Date) (the “Redeemed Notes”) on the applicable redemption date set forth in the applicable Redemption Notice (collectively, the “Payoff Amount”); provided that at the Closing, Buyer may, at its sole option, remit or cause to be remitted all or a portion of the amount sufficient to repay and redeem the Redeemed Notes to a third party trustee or escrow agent reasonably agreed by the Buyer and the Company.
Payoff Amount. “Payoff Amount” is defined in Section 2.9 of the Agreement.
Payoff Amount. Within a reasonable period of time following the execution of this Agreement, but in no event later than 4:00 p.m. on September 30, 2011, the Company shall pay to PI in cash the aggregate amount of $1,056,876 (the “Payoff Amount”) by wire transfer of immediately available funds to the account provided by PI.
