Permitted Leakage. 1. Any payments or fees, or accruals in respect of any payments or fees to be made by any of the Target Group Companies pursuant to existing agreements; provided that (a) any such payments, charges, fees or accruals are (i) made or arise in the ordinary course of business and consistent with past practice and (ii) reasonably necessary for the operation of the business of the Target Group and (b) any such agreements were entered into on arms’ length terms.
Permitted Leakage. For purposes of this Agreement, “Permitted Leakage” means:
Permitted Leakage. The following payments (without duplication) made or to be made by or on behalf of any Group Company:
Permitted Leakage. The Parties acknowledge and agree that the Group shall be entitled to make or have made the Dividend Payment in the Interim Period, of which an amount of EUR 32,300,000 shall qualify as permitted leakage (the "Permitted Leakage").
Permitted Leakage. The following matters (being “Permitted Leakage”) shall not constitute Leakage:
Permitted Leakage. 1. Any payment expressly contemplated under or pursuant to, or that is required to be made in order to comply with or implement, any of the Share Purchase Documents or under the Seller Group Restructuring Plan and / or the Intra Group Loans and Intra Group Accounts Restructuring Plan.
Permitted Leakage. (i) all payments of salary, emoluments and bonuses pursuant to the terms of the service contracts between the relevant member of the Target Group and each Manager, copies or details of which have been fairly disclosed in the Data Room;
Permitted Leakage. 1. All payments of remuneration, benefit in kind, directors’ fees and expenses and monitoring fees made to or for the benefit of the Seller or any of the Seller’s Related Parties as employees or directors of any Group Member provided that such payments are in the ordinary and usual course of business, consistent with past practices.
Permitted Leakage. 1. Any payments of principal and interest to either Nevhiz Pak or S1hhat (as applicable), in their capacity as lenders under the Shareholder Loans (as applicable), solely to the extent payable in the period from (and excluding) the Locked Box Date up to and including Completion, and in each case in accordance with the terms (in existence as at the date hereof) of the Shareholder Loans.
Permitted Leakage. For the purposes of this Agreement, “
