Resumption of Payments. The payment of any amounts which are delayed on account of an event or circumstance described in this Section 10 shall be paid as soon as the Bank reasonably anticipates that the payment will again be permissible.
Resumption of Payments. If the Trustee discontinues the payment of benefits from the Trust pursuant to Section 6.02 and subsequently resumes such payments, the first payment following such discontinuance shall include the aggregate amount of all payments due to Participants under the terms of the Plans for the period of such discontinuance, less the aggregate amount of any payments made to Participants by the Company in lieu of the payments provided for hereunder during any such period of discontinuance.
Resumption of Payments. The events described in Paragraphs 7.1 and 7.2 shall cause suspension of the payments set forth in Paragraph 5 by AlphaSmart to Xxxxx, but do not terminate or suspend any rights or licenses provided to either party under this Agreement. Once any finding of invalidity or unenforceability has been reversed or vacated in a decision from which no appeal can be taken (per Paragraph 7.1), or the Patent Office reverses or vacates a final rejection in a re-examination or reissue proceeding and formally issues or affirms issuance of the Xxxxx patent (per Paragraph 7.2), the payments to Xxxxx under Paragraph 5 shall resume (albeit delayed by the period of suspension) until the total amount set forth in Paragraph 5 has been paid, subject to the requirements of Paragraph 6.
Resumption of Payments. The payment of any amounts which are delayed on account of an event or circumstance described in this Section 11 shall be paid as soon as the Company reasonably anticipates that the payment will again be permissible.
Resumption of Payments. The Trustee shall resume payments to Beneficiaries in accordance with 0 of this Agreement only after the Trustee has determined that the Company is not Insolvent or is no longer Insolvent.
Resumption of Payments. The Trustee shall resume payment of benefits to the affected Participants and Beneficiaries under the Plan only after it has either determined the Employer is no longer insolvent, or received permission from a court of competent jurisdiction to resume such payments. If there are sufficient assets in the Trust Fund allocable to such Employer and to the Accounts of the affected Participants and Beneficiaries at the time the Trustee resumes payment of benefits, the first such payment shall include the aggregate amount of all payments due to Participants and Beneficiaries for the period during which benefit payments were suspended, less the aggregate amount of any payments made directly by the Company and Participating Employers during such suspension of benefits. Section 5.3
Resumption of Payments. If the Trust shall have any assets following application of Section 2.2, the Trustee shall resume all its duties and responsibilities under the Trust, including payments to the Participants under the Plans, within thirty days of the Trustee’s determination that the Company is not Insolvent or Bankrupt or is no longer Insolvent or Bankrupt. In making such determination, the Trustee may retain outside experts competent to advise the Trustee as to whether the Company is in fact Insolvent or Bankrupt. The expense of retaining such outside experts shall be deemed a Trust expense within the meaning of
Resumption of Payments. Following the commencement of a Postponement Period, so long as at the time of any payment the Senior Debt shall not have been accelerated, the Borrower may pay and the Subordinating Creditors shall be entitled to receive and retain any sums expressly permitted to be paid by the Borrower pursuant to Section 2.l on the earliest to occur of (x) the expiration of the Postponement Period, (y) the date on-which all Events of Default described in such Default Notice have been cured to the satisfaction of the Bank (which the Bank has acknowledged in writing) or waived by the Bank in writing or (z) final payment being made in full in cash of all of the Senior Debt; and provided, further, that upon the earliest to occur of (x), (y) or (z) above, the Borrower shall be permitted to make all payments permitted pursuant to Section 2.1 whether current or past due (subject to any grace or cure periods) to the Subordinating Creditors and shall resume all other required payment obligations under the Subordinated Documents (which in any event, except after the occurrence of (z) above, shall not include any accelerated payments). Payment by the Borrower to the Subordinating Creditors after the Postponement Period of all amounts due and owing to the Subordinated Creditors during the Postponement Period shall be deemed a cure of any default caused by such delayed payment under the Subordinated Documents. For the purposes of clarification and subject to the Subordinating Creditors' obligations under Section 3 to rescind their acceleration under certain circumstances, if the Subordinating Creditors shall have accelerated the Subordinated Debt and such acceleration shall not have been prohibited by the terms of this Agreement, payment by the Borrower to the Subordinating Creditors after a Postponement Period of all amounts due and owing to the Subordinating Creditors during such Postponement Period other than all accelerated amounts, shall not be deemed to cure the default or event of default arising by virtue of having failed to pay the accelerated amounts.
Resumption of Payments. If the Trust shall have any assets following application of Section 2.2, the Trustee shall resume all its duties and responsibilities under the Trust, including payments to the Participants under the Plans, within thirty days of the Trustee's determination that the Company is not Insolvent or Bankrupt or is no longer Insolvent or Bankrupt. In making such determination, the Trustee may retain outside experts competent to advise the Trustee as to whether the Company is in fact Insolvent or Bankrupt. The expense of retaining such outside experts shall be deemed a Trust expense within the meaning of Section 7.2. The first payment to a Participant upon such resumption shall include the aggregate amount of all payments that would have been made to the Participant in accordance with the Plans during the period of discontinuance less the aggregate amount of payments under the Plans made to the Participant directly by the Company during any period of discontinuance.
Resumption of Payments. The Trustee shall resume payments to a Participant only after the Trustee has determined that the Company is not insolvent (or is no longer insolvent, if the Trustee initially determined the Company to be insolvent). Upon resumption of payments, the first payment shall include the aggregate amount of all payments that would have been made to the Participant in accordance with the Plan during the period payments were discontinued (together with interest at the rate credited on amounts deferred under the Plan or, if no such rate is specified, at a rate equal to the prime rate as published in the Wall Street Journal from time to time), less the aggregate amount of any payments made to such Participant by the Company in lieu of the payments provided for hereunder.
