Required Funding. Payments as of Current Payment Date:
Required Funding. The Company shall not be required to fund in advance the amounts and benefits payable under this Agreement until a Triggering Event occurs. Upon the occurrence of a Triggering Event, the Company shall immediately contribute an amount to an irrevocable grantor trust, of which Executive is the beneficiary and a third-party is the trustee (a "Trust"), equal to 120% of the amounts that could become payable to Executive under this Agreement.
Required Funding. Payments as of Current Payment Date: $ 9,612,642.98 Principal Principal Due i. Tranche A-1 $ 6,590,210.00
Required Funding. Prior to Closing, Adsero, YAC, Callco and Acquiror have received all necessary funding to enable them to make all payments required to be made by them pursuant to this Agreement.
Required Funding. The Company shall not be required to fund the amounts and benefits payable under this Agreement until a Change of Control occurs. Upon the occurrence of a Change of Control, the Company shall immediately contribute an amount to an irrevocable grantor trust, of which Executive is the beneficiary and a third-party is the trustee (a “Trust”), equal to 120% of the amounts that could become payable to Executive under this Agreement.
Required Funding. WKI hereby unconditionally and irrevocably ---------------- agrees to make cash funding payments to WKI Pension Plan at the times and in the amounts not less than those set forth in Exhibit B hereto. The parties hereto --------- hereby acknowledge that the minimum cash payments set forth in Exhibit B are --------- independent of (although they may duplicate) any minimum funding requirements in respect of the WKI Pension Plan set forth in the PBGC Pension Agreement.
Required Funding. The capital need is approximately €00 to 00 million for each set up in the countries mentioned.
Required Funding. Payments as of Current Payment Date: $22,327,023.95 Series 2021 Periodic Principal Due $9,667,924.00 Da Rate ys in Interest Period2 Principal Balance Interest Due Series 2021 Interest Due 2.97% 180 $795,756,344.00 $11,816,982.00 Required Level Additional Funding Required
Required Funding. At the Closing, (i) Buyer shall pay, or provide the Company sufficient funds to pay, the amounts required to satisfy the conditions set forth in Section 7.11 hereof and (ii) Buyer shall deliver the number of shares of Buyer Common Stock required to satisfy the condition set forth in Section 7.9 hereof.
Required Funding. As soon as practicable fol- lowing each Adjustment Date, but in no event later than fifteen business days thereafter, (i) the Consulting Firm shall xx- xxxxxxx and notify the Company and the Trustee of the Required Funding Amount as of that Adjustment Date, and (ii) the Trustee shall determine and notify the Company and the Consulting Firm of the amounts in the Benefit Contribution Account and the Fee Contribution Account as of that Adjustment Date. If, as of the Adjustment Date, the amount in the Fee Contribution Account is less than One Hundred Thousand Dollars ($100,000), then within ten business days after receiving notice thereof, the Company shall make additional Fee Contributions so as to cause the amount in the Fee Contribution Account to equal or exceed One Hundred Thousand Dollars ($100,000). If, as of any Adjustment Date on which a Potential Change of Control occurs, the amount then held in the Benefit Contribution Account is not equal to at least eighty percent (80%) of the Required Funding Amount ("Minimum Required Funding"), then within thirty days after receiving such notice the Company shall make additional Benefit Contributions and/or the Trustee shall draw down such amount under any Letter of Credit, or a combination thereof, so as to provide funding of the Benefit Contribution Account that will equal or exceed the Minimum Required Funding. Within thirty days after receiving such notice with respect to any other Ad- justment Date, the Trustee may draw from any Letter of Credit such additional amount (if any) as may be necessary to provide the Benefit Contribution Account with the Minimum Required Funding as of that Adjustment Date (or such higher level of funding up to 100% of the Required Funding Amount as of the Adjustment Date as the Trustee in its discretion shall then deem appropriate).
