extraordinary payments definition

extraordinary payments means payments in cash or in kind made or to be made by the United States Government prior to December 31, 2025, for work to be performed or services to be rendered prior to that date necessary to meet United States obligations under the Agreement Concerning Cooperation on the Civil International Space Station, with annex, signed at Washington January 29, 1998, and entered into force March 27, 2001, or any protocol, agreement, memorandum of understanding, or contract related thereto.
extraordinary payments shall have the meaning assigned to such term in Section 5.1(b).
extraordinary payments means all payments or other distributions required to be made by the Company or any of its Subsidiaries, pursuant to any Contracts, to any directors, managers, officers or employees of the Company or any of its Subsidiaries as a result of the transactions contemplated by this Agreement, including all severance payments, termination payments or other amounts payable (including the estimated costs of benefits required to be provided) under the terms of any employment agreement determined as if the employee’s employment with the Company or any of its Subsidiaries was terminated after the occurrence of a “change of control” or other similar event (whether such payments or other distributions are paid on or before the Closing Date or are payable after the Closing Date).

More Definitions of extraordinary payments

extraordinary payments means all payments or other distributions required to be made by the Company or any Subsidiary, pursuant to any Contracts, to any directors, managers, officers or employees of the Company or any Subsidiary as a result of the transactions contemplated by this Agreement or any of the other Transaction Documents, including all severance payments, termination payments or other amounts payable (including the estimated costs of benefits required to be provided) under the terms of any employment agreement determined as if the employee’s employment with the Company or any Subsidiary was terminated after the occurrence of a “change of control” or other similar event (whether such payments or other distributions are paid on or before the Closing Date or are payable after the Closing Date). Notwithstanding the foregoing, as used in this Agreement, Extraordinary Payments will not include any current liabilities to the extent that such current liabilities are included in the calculation of Working Capital.
extraordinary payments shall have the meaning assigned to such term in subclause 5.1.2 of Clause 5.1 (Voting Rights and Ordinary Payments Prior to an Event of Default).
extraordinary payments means any payments made by the Company in the period after the Completion Accounts date up to and including the Completion Date which were not in the ordinary course of the Company’s business, including payments relating to any or fees and expenses relating to the Transaction (including the PKF Fee to the extent that it is not a Permitted Payment) less any VAT charged in respect of such payments which is capable of recovery by the Company, but excluding any payments which are specified on the Payments Schedule and in respect of which the description of the payment given on the Payments Schedule is accurate and such payment was made in the ordinary course of business. Final Deferred Payment Date: means 31 March 2018. FSMA: the Financial Services and Markets ▇▇▇ ▇▇▇▇. Fundamental Warrant(y)(ies): Warranties in paragraphs 1 and 2 of Part 1 of Schedule 4. Future Employee Loyalty Bonus: the gross sum of £666,667 in cash (which includes an amount to be paid in respect of employers NICs, which will reduce the amount payable to the recipients of the bonus) to be paid as a discretionary loyalty bonus to employees of the Company in accordance with clause 5.3 from which all income tax, employees’ NICs and other relevant payroll Taxes shall be deducted by the relevant member of the Company’s Group.
extraordinary payments means any non-recurring extraordinary amounts received by any Credit Party that do not derive from the operation of a Project in the ordinary course, including (a) payments in respect of federal, state, provincial or local cash grants (or payment in lieu of tax credits), (b) disbursements from Project reserve accounts of Cash replaced with Letters of Credit, and (c) any one-time non-recurring network upgrade reimbursement payments (excluding amounts received in respect of recurring reimbursements for network upgrades performed in connection with Hatchet Ridge).
extraordinary payments means all payments or other distributions required to be made, pursuant to any oral or written contracts or other agreements, to any directors, officers, employees or agents of the Target or any Target Subsidiary as a result of the Transactions, including all severance payments, termination payments or other amounts payable, including the estimated costs of benefits required to be provided under the terms of any employment agreement determined as if the employee's employment with the Target or any Target Subsidiary was terminated after the occurrence of a "change of control" or other similar event (whether such payments or distribution are paid on or before the Closing Date or are payable on or after the Closing Date.
extraordinary payments means payments or other distributions required to be made, pursuant to any oral or written contracts or other agreements, to any directors, officers, Employees or agents of the Company as a result of the transactions contemplated by the Transaction Documents, including all severance payments, termination payments or other amounts payable (including, without limitation, the estimated costs of benefits required to be provided) under the terms of any employment agreement (whether such payments or other distributions are paid on or before the Effective Date or are payable on or after the Effective Date).
extraordinary payments has the meaning given to such term in Section 5.04(k) of this Indenture.