Liquidation Payment Date definition

Liquidation Payment Date means the date or dates designated by the Trustee for distributions under Section 5.7.
Sample 1Sample 2Sample 3
Liquidation Payment Date. The meaning specified in Section 5.7.
Sample 1
Liquidation Payment Date has the meaning set fort in Section 4.2(d).
Sample 1

Examples of Liquidation Payment Date in a sentence

  • On the Liquidation Payment Date, the holders of such shares will receive distributions from the Surviving Corporation equal to the amounts payable to them upon a liquidation of the Surviving Corporation in accordance with the terms of the articles of incorporation of the Surviving Corporation relating to such shares.

  • On the Liquidation Payment Date, the holders of the Company Series D Preferred Shares and Company Series E Preferred Shares will receive liquidating distributions from the Surviving Corporation equal to the full amounts payable to them upon a liquidation of the Surviving Corporation in accordance with their respective terms (in the aggregate, the “Preferred Liquidating Payment Amount”).

  • The General Partner shall furnish such statement to each Limited Partner ten business days' prior to the first liquidation distribution (the "Initial Liquidation Payment Date").

  • On the Liquidation Payment Date, the holders of the MergerCo Preferred Shares will receive distributions from the Surviving Entity equal to the amounts payable to them upon a liquidation of the Surviving Entity in accordance with the terms of the Charter relating to the MergerCo Preferred Shares.

  • In connection with the Liquidation, holders of Company Series D Preferred Shares and Company Series E Preferred Shares shall be paid the Preferred Liquidating Payment Amount on the Liquidation Payment Date.

  • On the Liquidation Payment Date, the holder of each series of Keystone Preferred Shares will receive distributions from the Surviving Company equal to the amounts payable to them upon a liquidation of the Surviving Company in accordance with the terms of the Articles Supplementary classifying such series.

  • On the Liquidation Payment Date, the holders of the MergerCo Preferred Shares will receive distributions from the Surviving Corporation equal to the amounts payable to them upon a liquidation of the Surviving Corporation in accordance with the terms of the Charter relating to the MergerCo Preferred Shares.

  • In the event that the aggregate Liquidation Payment Price is less than the amount delivered by the Guarantor to the Guarantee Trustee, the Guarantee Trustee shall deliver the excess to the Guarantor as soon as practicable but not later than three Business Days after the Liquidation Payment Date.

  • On each Quarterly Payment Date and on the Liquidation Payment Date, AFI shall make all required payments under the Trust Agreement with respect to the Subordinated Participation Interest to the then holder thereof.

  • On the Liquidation Payment Date, the holders of the MergerCo Series A Preferred Shares will receive distributions from the Surviving Corporation equal to the amounts payable to them upon a liquidation of the Surviving Corporation in accordance with the terms of the Articles of Incorporation relating to the MergerCo Series A Preferred Shares.


More Definitions of Liquidation Payment Date

Liquidation Payment Date has the meaning set forth in Exhibit A to the Trust Agreement.
Sample 1
Liquidation Payment Date means the date, no later than three Business ------------------------ Days following the liquidation of the Trust Estate by the Trustee in accordance with Section 8.1, set forth in a notice delivered by the Trustee to the Certificateholders that a final distribution is to be made to the Certificateholders in accordance with Sections 6.7 (c) and (d).
Sample 1
Liquidation Payment Date is defined in Section 1.14.
Sample 1
Liquidation Payment Date means any date or dates fixed by the Collateral Agent (at the direction of the Controlling Parties) for the application of proceeds of the Collateral in accordance with Section 6.4 of the Credit Agreement.
Sample 1

Related to Liquidation Payment Date

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Redemption Payment Date As defined in Section 13.1.

  • Payment Date means, with respect to each Collection Period, the 22nd day of the calendar month following the end of that Collection Period, or, if such day is not a Business Day, the next Business Day, commencing on April 23, 2012.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Liquidation Date means (a) in the case of an event giving rise to the dissolution of the Partnership of the type described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs.

  • Liquidation Amount means $1,000 per share of Designated Preferred Stock.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Senior Liquidation Amount For any Distribution Date, the sum of (A) the aggregate, for each Mortgage Loan which became a Liquidated Mortgage Loan during the Prior Period, of the lesser of: (i) the Senior Percentage of the Principal Balance of such Mortgage Loan and (ii) the Senior Prepayment Percentage of the Liquidation Principal with respect to such Mortgage Loan and (B) the Senior Prepayment Percentage of any Subsequent Recoveries for such Distribution Date.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.