Debt Payment definition

Debt Payment is defined in Section 3.1.3.

Debt Payment means any payment or distribution by or on behalf of the Company, directly or indirectly, of assets of the Company of any kind or character, whether in cash, property or securities, including on account of the purchase, redemption or other acquisition of any Obligations, as a result of any collection, sale or other disposition of Collateral, or by setoff, exchange or in any other manner, for or on account of any Obligations; provided, however, that, conversion of any part of a Note in accordance with its terms shall not be considered a Debt Payment.

Debt Payment means a charge payable by a PS Gas Supplier in respect of PS

Examples of Debt Payment in a sentence

• It is understood and agreed that any Indebtedness, Lien, Restricted Payment, Restricted Debt Payment, Investment, Disposition and/or Affiliate transaction need not be permitted solely by reference to one category of permitted Indebtedness, Lien, Restricted Payment, Restricted Debt Payment, Investment, Disposition and/or Affiliate transaction under Sections 6.01, 6.02, 6.04, 6.05, 6.06, 6.07 or 6.09, respectively, but may instead be permitted in part under any combination thereof.

• For your firm’s Delinquent Debt Payment Certification, use your 2-6 character Firm Name Code, followed by DP.

• The amount above appropriated for Debt Payment shall be transferred to the Debt Service Fund.

• If you enter into a Debt Payment Programme under DAS and there is no change in ownership, you can continue to hold your sponsor licence.

• Real Debt Payment Ratio is the ratio of the "general revenue resources appropriated to pay off bonds" to the "standard financial scale".

More Definitions of Debt Payment

Debt Payment has the meaning give in Section 2.4.

Debt Payment means the payment of the outstanding New Debt, together with accrued interest, if any, to the date fixed for payment and any Additional Amounts, which payment shall be applied to the remaining scheduled amortization payments of the New Debt in direct order of maturity, with such payment being made pro rata among the New Debt based on the next remaining scheduled amortization payments; provided that any such payment made during a Devaluation Event Cure Period shall be paid to holders of New Debt pro rata.

Debt Payment means collectively, Senior Debt Payments and Subordinated Debt Payments.

Debt Payment means Ninety Seven Thousand Dollars ($97,000.00) to be paid by Seller to Navigist at the Closing.

Debt Payment means the payment in full of the Company Debt in shares of Buyer Common Stock as provided in Section 1.5(b).

Debt Payment means the payment of principal and interest on

Debt Payment means and include all cash expended or required by any Borrower to make (a) interest payments, or interest accrued but unpaid, on the Advances hereunder, plus (b) payments for all Letter of Credit Fees, plus (c) payments with respect to any Indebtedness for borrowed money, plus (d) payments made with respect to Capitalized Lease Obligations.