Liquidity Payment definition

Liquidity Payment means all amounts due and payable by the Issuer to the Liquidity Facility Provider under the Liquidity Facility Agreement.

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Liquidity Payment means an amount equal to a [***] by the third party acquiring LICENSEE in such transaction (the “CONSIDERATION”), calculated as [***] of the total CONSIDERATION. The value of any non-monetary consideration so paid shall be as determined pursuant to the documentation evidencing such transaction. Promptly upon execution of any such documentation, LICENSEE shall provide MICHIGAN with a complete copy thereof. Upon the closing of such transaction, LICENSEE shall provide MICHIGAN with an accounting of the amount payable to MICHIGAN and LICENSEE or the stockholders of LICENSEE, as applicable.

Liquidity Payment means all interest, commitment fees and principal amounts due and payable by the Issuer to the Liquidity Facility Provider under the Liquidity Facility Agreement.

Examples of Liquidity Payment in a sentence

Each Facility Advance shall be deposited in the Initial Liquidity Payment Account, as provided in Sections 3.01(k) and 3.14(b) of the Indenture.
On the date of any Facility Drawing the proceeds of such drawing shall be deposited into the Initial Liquidity Payment Account and withdrawn on the applicable Payment Date for distribution, in each case in accordance with Section 3.14(b).
If the Registration Statement is not declared effective by the Commission by the Effective Date, then the Company shall pay the Purchaser a Liquidity Payment, in the amount equal to four percent (4%) per annum of the total initial principal amount of the Debentures (a "Liquidity Payment"), on the last day of each 30-day period or part thereof following the Effective Date until the Registration Statement shall have been declared effective by the Commission.
If the Registration Statement is not declared effective by the Commission by the Effective Date, then the Company shall pay the Purchasers a Liquidity Payment, in the amount equal to four percent (4%) per annum of the total initial principal amount of the Debentures (a "LIQUIDITY PAYMENT"), on the last day of each 30-day period or part thereof following such ninetieth (90th) day until the Registration Statement shall have been declared effective by the Commission.
The Administrative Agent shall make, or direct the Operating Bank to make, the transfers from the Liquidity Payment Account on such Payment Date as provided in Section 3.08(b).

More Definitions of Liquidity Payment

Liquidity Payment means any payment made by El Paso pursuant to paragraph 2 of the Shareholder Power of Attorney for the Class B Shareholder.

Liquidity Payment means all interest and principal amounts due and payable by the Issuer to the Liquidity Facility Swap Provider under the Liquidity Facility Swap Agreement;

Liquidity Payment means all commitment fees, interest (but excluding any accrued interest on a Stand-by Liquidity Drawing which is payable by the Issuer pursuant to Clause 8.3(b) of the Liquidity Facility Agreement) and principal amounts due and payable by the Issuer to the Liquidity Facility Provider under the Liquidity Facility Agreement which, for avoidance of doubt, excludes any amounts payable to the Liquidity Facility Provider as Administrative Expenses.

Liquidity Payment means any amounts due and payable to the Liquidity Facility Swap Provider pursuant to the Liquidity Facility Swap Agreement.

Liquidity Payment means all commitment fees, interest (but excluding any accrued interest on a Stand-by Liquidity Drawing which is payable by the Issuer pursuant to clause

Liquidity Payment shall have the meaning specified in Section 3.1(b)(2)(ii).

Liquidity Payment has the meaning set forth in Section 2.10.