CASH PAID definition

CASH PAID means any amounts contributed by any member of the Restricted Group to any Unrestricted Subsidiary in the form of subscription for equity, inter-company loan, contribution of surplus or otherwise, excluding trade payable, tax equivalent payments for a tax liability of a member of the Restricted Group or receivables in the ordinary course of business.

Examples of CASH PAID in a sentence

  • BACKUP WITHHOLDING WITH RESPECT TO CASH PAID IN LIEU OF FRACTIONAL KINROSS COMMON SHARES Certain non-corporate U.S. Holders of Echo Bay common shares may be subject to backup withholding, currently at a 30% rate, on cash payments received in lieu of fractional Kinross common shares.

  • IT IS EXPRESSLY UNDERSTOOD BY THE BUYER AND SELLER THAT ANY DEFAULT ON THE PAYMENT TERMS CONTAINED IN THE SCHEDULE OF PAYMENTS ATTACHED HERETO AS EXHIBIT “F” SHALL GIVE THE SELLER THE RIGHT TO IMMEDIATELY TERMINATE THIS AGREEMENT, AND THAT SUCH RIGHT SHALL INCLUDE RETENTION OF ANY CASH PAID UP TO THE TIME OF THE DEFAULT.

  • CASH ASSETS TO BE VALUE OF NUMBER OF DEBT AFFILIATED PRACTICES CONTRIBUTED SHARES SHARES CASH PAID ASSUMED ------------------------------------- ------------- ----------- --------- ----------- -------- Douglas M.

  • CASH ASSETS TO BE VALUE OF NUMBER OF DEBT AFFILIATED PRACTICES CONTRIBUTED SHARES SHARES CASH PAID ASSUMED ------------------------------------- ------------- ---------- --------- ---------- ------- Louis M.

  • BACKUP WITHHOLDING WITH RESPECT TO CASH PAID IN LIEU OF FRACTIONAL KINROSS COMMON SHARES Certain non-corporate U.S. Holders of TVX common shares may be subject to backup withholding, currently at a 30% rate, on cash payments received in lieu of fractional Kinross common shares.

  • IT IS EXPRESSLY UNDERSTOOD BY THE BUYER AND SELLER THAT ANY DEFAULT ON THE PAYMENT TERMS CONTAINED IN THE NOTE ATTACHED HERETO AS EXHIBIT “B” SHALL GIVE THE SELLER THE RIGHT OF IMMEDIATE TO TERMINATE THIS AGREEMENT, AND THAT SUCH RIGHT SHALL INCLUDE RETENTION OF ANY CASH PAID UP TO THE TIME OF THE DEFAULT.