G&A Payments definition

G&A Payments means cash payments to SCF for payment of (a) any Credit Party’s contractually allocable share of the accounting, legal and other general and administrative expenses incurred in the ordinary course of business by SCF as a result of the general and administrative functions performed on behalf of any Credit Party, (b) management fees, and (c) reimbursement for third-party cash charges or other third-party expenses incurred on behalf of the Borrower or any Guarantor in connection with the Transactions or any Acquisition.
G&A Payments means (a) prior to the Nine Acquisition, cash payments to SCF for payment of (i) any Credit Party’s contractually allocable share of the accounting, insurance, legal and other general and administrative expenses incurred in the ordinary course of business by SCF as a result of the general and administrative functions performed or paid on behalf of any Credit Party, (ii) management fees, and (iii) reimbursement for third-party cash charges or other third-party expenses incurred on behalf of the Borrower or any Guarantor in connection with the Transactions or any Acquisition and (b) following the Nine Acquisition and for so long as the Borrower is a wholly-owned Subsidiary of Nine, cash payments to Nine for payment of (i) any Credit Party’s contractually allocable share of the accounting, insurance, legal and other general and administrative expenses incurred in the ordinary course of business by Nine as a result of the general and administrative functions performed or paid on behalf of any Credit Party, and (ii) reimbursement for third-party cash charges or other third-party expenses incurred on behalf of the Borrower or any Guarantor in connection with the Transactions or any Acquisition.

Examples of G&A Payments in a sentence

  • If General Agent is designated as the direct selling agent, General Agent acknowledges and agrees that General Agent shall not receive GA Payments in addition to agent commissions with respect to such Group.

Related to G&A Payments

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).