fully paid in relation to a share, means that the nominal value and any premium to be paid to the company in respect of that share have been paid to the company;
fully paid means the payment in cash or cash equivalents in full of all obligations (other than indemnity obligations that survive payment in full) under the Credit Facility Loan Documents or the Indenture Documents, as the case may be, and in the case of the Credit Facility Loan Documents, at such time when there shall no longer be any obligation to make loans or advances or issue letters of credit (or guaranties in respect thereof) thereunder and there shall no longer be any letter of credit (or guaranty in respect thereof) outstanding thereunder or such letter of credit (or guaranty in respect thereof) shall have been fully cash collateralized (in accordance with the provisions of the Credit Facility Loan Documents).
More Definitions of fully paid
fully paid means, with respect to any Obligation, that the respective obligee of such Obligation (which obligee shall, (i) in the case of the Revolver Obligations, be the Revolver Administrative Agent; and (ii) in the case of the Term Obligations, be the Term Administrative Agent), shall have certified to the respective Collateral Agent that such Obligation has terminated and that there remain no obligations of any kind whatsoever of the Company or any Credit Party with respect thereto (other than contingent indemnification obligations as to which no claims shall have accrued or be pending).
fully paid means paid up as to the par value in respect of the issue of any Shares and includes credited as fully paid;