KPP Payment definition

KPP Payment means any contributions, payments, levies (including the Pension Protection Fund levy), expenses, obligations or other amounts which are, or may in the future be owed, to the KPP by KL or its affiliates (whether presently known or unknown) in connection with the Pension Plan (including, for the avoidance of doubt, the June 2012 Payment and the annual contribution payment to the Pension Plan due on or about June 30, 2013 owed by KL to the KPP).
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Related to KPP Payment

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Payment Amount has the meaning specified in Section 6.1.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Delta Payment means as it is described in this Agreement.

  • Net Swap Payment With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Swap Agreement by either the Swap Provider or the Swap Administrator, which net payment shall not take into account any Swap Termination Payment.