BB&T Payment definition

BB&T Payment means the Opinion Fee, the Completion Fee and all expenses of BB&T Capital Markets | Windsor Group required to be reimbursed by the Company pursuant to Section 6 of that certain Investment Banking Agreement, dated as of March 30, 2005, as terminated as of April 30, 2006, by and between the Company and BB&T Capital Markets | Windsor Group, and as supplemented and amended pursuant to the letter agreement, dated February 2, 2007, by and between the Company and BB&T Capital Markets | Windsor Group. For purposes of this defined term, “Opinion Fee” and “Completion Fee” have the meanings ascribed to such terms in such letter agreement dated February 2, 2007.
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Examples of BB&T Payment in a sentence

  • Except for the BB&T Payment, neither the Company, its Subsidiary nor any director, officer, employee or agent of the Company or its Subsidiary has employed or incurred any Liability to any broker, finder, investment banker or agent for any brokerage fees, finder’s fees, commissions or other amounts with respect to this Agreement or the Contemplated Transactions.

  • In addition to the consideration set forth in Section 2.2, if any portion of the BB&T Payment Stream is collected by a Company (or its successors or assigns), Purchaser shall, and shall cause such Company (or its successors or assigns) to, remit such portion of the BB&T Payment Stream reasonably promptly (but in no event more than 30 days after receipt) to Seller and/or its Permitted Assignees.

Related to BB&T Payment

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.