Allowable Amounts definition

Allowable Amounts means amounts owing to the Agent and the Note Holders under Section ______ of the Loan Agreement, but only in the event that such amounts represent reimbursement or indemnification for costs, expenses, taxes, losses, liabilities, claims or damages incurred in respect of acts or omissions by the Agent or any Note Holder that are beneficial to the Debenture Holders. Solely for the purpose of this Agreement and notwithstanding any provision of the Loan Agreement, the Debenture Purchase Agreement or the Collateral Trust Agreement to the contrary, (x) payments received by the Note Holders shall be deemed applied (unless otherwise designated by order of a court in the bankruptcy of the Company) first to Allowable Amounts, then to interest (other than Default Interest) on the Notes and then to principal of and premium, if any, on the Notes and (y) payments received by the Debenture Holders shall be deemed applied (unless otherwise designated by order of a court in the bankruptcy of the Company) first to Allowable Expenses, then to interest on the Debentures and then to principal of and premium, if any, on the Debentures. "Allowable Expenses" means amounts owing to Debenture Holders and the Debenture Holders under Section 9.04 of the Debenture Purchase Agreement, but only in the event that such amounts represent reimbursement or indemnification for costs, expenses, taxes, losses, liabilities, claims or damages incurred in respect of acts or omissions by Debenture Holders or any Debenture Holder that are beneficial to the Agent or the Note Holders.
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Allowable Amounts means amounts owing to the Lender under Section ______ of the Loan Agreement, but only in the event that such amounts represent reimbursement or indemnification for costs, expenses, taxes, losses, liabilities, claims or damages incurred in respect of acts or omissions by the Lender that are beneficial to the Debenture Holders. Solely for the purpose of this Agreement and notwithstanding any provision of the Loan Agreement or the Debenture Purchase Agreement to the contrary, (x) payments received by the Lender shall be deemed applied (unless otherwise designated by order of a court in the bankruptcy of the Company) first to Allowable Amounts, then to interest (other than Default Interest) on the Notes and then to principal of and premium, if any, on the Notes and (y) payments received by the Debenture Holders shall be deemed applied (unless otherwise designated by order of a court in the bankruptcy of the Company) first to Allowable Expenses, then to interest on the Debentures and then to principal of and premium, if any, on the Debentures. "Allowable Expenses" means amounts owing to Whitehall and the Debenture Holders under Section 9.04 of the Debenture Purchase Agreement, but only in the event that such amounts represent reimbursement or indemnification for costs, expenses, taxes, losses, liabilities, claims or damages incurred in respect of acts or omissions by Whitehall or any Debenture Holder that are beneficial to the Lender.
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Examples of Allowable Amounts in a sentence

  • Notwithstanding any provision to the contrary in any of the Loan Documents, Debenture Holders and each Debenture Holder agree by accepting or having accepted a Debenture that all principal of, premium, if any, and interest on the Debentures shall be subordinate and junior in right of payment to all principal of, premium, if any, and interest (other than Default Interest) on the Notes and all Allowable Amounts, to the extent set forth below.

  • In the event that registered or certified mail is not being accepted for prompt delivery, notices may then be served by personal service upon any officer, director or partner of any Venturer or upon any individual who is a Venturer.

  • Notwithstanding any provision to the contrary in the Debenture Purchase Agreement or the Debentures, Whitehall and each Debenture Holder agree by accepting or having accepted a Debenture that all principal of, premium, if any, and interest on the Debentures shall be subordinate and junior in right of payment to all principal of, premium, if any, and interest (other than Default Interest) on the Notes and all Allowable Amounts, to the extent set forth below.

  • Health Plan will calculate: (B) The amount of payment SCHS would have received in lieu of Hospital Capitation Payment, had it been paid 100% of OHP Allowable Amounts (consistent with all OHA/state of Oregon rules/calculations of DRG inclusion/exclusions and other terms used to calculate revenue paid to Health Plan as CCO).

  • This has very similar parallels to the transfer of Allowable Amounts under the Kyoto Protocol.