Extraordinary Payment definition
Extraordinary Payment shall have the meaning set forth in the Management Agreement.
Extraordinary Payment means a payment that does not result in construction or acquisition of fixed assets or additions thereto or that does not result in the enhancement of the useful life of the fixed assets e.g. repayment of loans, and also means a payment that is in the nature of advance, refund of deposits, or payment of recoveries;
Extraordinary Payment means a payment which is made to the Authority by the Secretary of State to fund a specific investigation by the Investigation Branch, which payment is separately made and in addition to the annual allocation;
More Definitions of Extraordinary Payment
Extraordinary Payment means (a) any arbitrage rebate payments that may be required in connection with a subsequent change in the interpretation or application of federal tax law to Bonds or (b) payments made pursuant to a negotiated closing agreement reached with the Internal Revenue Service in order to maintain the tax-exempt status of interest on Bonds.
Extraordinary Payment means any payment made to the Lender to reduce the principal amount of the Loan other than regularly scheduled amortization payments, including, without limitation: (a) any partial prepayment of the Loan; (b) any award by a governmental or quasi-governmental entity by reason of a taking of all or any portion of the property that secures the Loan, or any interest therein, in condemnation or by exercise of the power of eminent domain or by an agreement in lieu thereof, to the extent applied in reduction of the Loan; and (c) any insurance proceeds, or the amount thereof remaining after repair of damage to the property that secures the Loan caused by fire or other casualty, to the extent applied in reduction of the Loan.
Extraordinary Payment means any payment made to the Lenders to reduce the principal amount of the Loan other than regularly scheduled amortization payments, including, without limitation: (a) any partial prepayment of the Loan; (b) any award by a governmental or quasi-governmental entity by reason of a taking of all or any portion of FLLP's property, or any interest therein, in condemnation or by exercise of the power of eminent domain or by an agreement in lieu thereof, to the extent applied in reduction of the Loan; and (c) any insurance proceeds, or the amount thereof remaining after repair of damage to FLLP's property caused by fire or other casualty, to the extent applied in reduction of the Loan.
Extraordinary Payment means (a) any arbitrage rebate payments that may be required in connection with a subsequent change in the interpretation or application of federal tax law to the 2002 Bonds or (b) payments made pursuant to a negotiated closing agreement reached with the Internal Revenue Service in order to maintain the tax- exempt status of interest on the 2002 Bonds.