Debt Distribution definition

Debt Distribution means, in respect of any Person, any payment made on, under, or in respect of any Debt (other than Debt under this Agreement or payments required to be made pursuant to the provisions of any pension plan of such Person in effect from time to time), including interest, sinking fund or any like payment.
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Debt Distribution means all payments of principal, interest, premiums, penalties and the like made in respect of any Drive Debt.
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Examples of Debt Distribution in a sentence

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • The Partnership hereby pays the Holdings Debt Distribution to Holdings with the New Debt.

  • The Partnership hereby (A) accepts such DF Contribution Interest as a contribution to the capital of the Partnership, and (B) agrees to pay the DF Debt Distribution Amount to DF promptly after borrowing such funds under the MLP Credit Facility.

  • If a Distribution Event has been initiated and is continuing, then the Senior Lenders shall be entitled to receive payment in full of the Senior Indebtedness before the Holder is entitled to receive any Subordinated Debt Distribution (other than Reorganization Securities) on account of the Subordinated Debt.

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Parenting Time, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • The Partnership hereby (A) accepts such SSH Contribution Interest as a contribution to the capital of the Partnership, (B) undertakes to pay the SSH Debt Distribution Amount to SSH promptly after borrowing such funds under the MLP Credit Facility.

  • The Maker shall promptly notify the Holder of any facts known to the Maker that would cause a Subordinated Debt Distribution to violate this Article II, but failure to give such notice shall not impair the subordination of this Note to the Senior Indebtedness provided in this Article II.

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, The Marital Home, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, The Marital Home, Ownership of Small Business, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • The Partnership shall borrow $[ ] million under the Credit Facility and distribute such borrowings to EEP in satisfaction of EEP’s right to the EEP Debt Distribution.