Make-Whole Payments definition

Make-Whole Payments means payments in the aggregate of approximately $4.0 million that David J. Pecker, under his employment agreement with EMP Group L.L.C., as in effect on the Closing Date (which agreement shall be assumed by Holdings in the Merger), is entitled to in connection with the compensation he forfeited upon termination of his employment with Hachette Filipacchi Magazines, Inc., a portion of which became payable upon Mr. Pecker's termination of employment on March 31, 1999 and the remaining portion of which shall be payable on April 15, 2000.
Make-Whole Payments means any make whole payment payable in respect of any bond financing that from time to time constitutes a Senior Credit Facility.
Make-Whole Payments has the meaning assigned to such term in Section 7.13(a).

More Definitions of Make-Whole Payments

Make-Whole Payments means either Periodic Make-Whole Payments or Terminal Make-Whole Payments.
Make-Whole Payments means the payment issued to each 2024 Convertible Note Holder in the event that the VWAP (as defined in the 2024 Convertible Note Purchase Agreement) of the New iLearningEngines Common Stock over the ten (10) trading days immediate preceding the Reference Date is below the Conversion Price, which is equal to a number of additional Incentive Shares (rounded down to the nearest whole share) equal to (i) the Conversion Price, divided by the Reference Price (as defined below), minus (ii) one (1).
Make-Whole Payments the payments by the Borrower in cash or shares of Common Stock pursuant to its obligations described in Section III (F) of Annex I.
Make-Whole Payments the payments by the Borrower in cash or shares of Common Stock made in accordance with the provisions of the Stock Rights and Restrictions Agreement.
Make-Whole Payments has the meaning assigned to such term in Section 3.

Related to Make-Whole Payments

  • Make-Whole Payment means, with respect to any Series 2024-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2024-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2024-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Make-Whole Amount means, with respect to any Note, an amount equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Note over the amount of such Called Principal, provided that the Make-Whole Amount may in no event be less than zero. For the purposes of determining the Make-Whole Amount, the following terms have the following meanings:

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Make-Whole Spread means, with respect to any Series of Equipment Notes, the percentage specified for the applicable Series as such in Schedule I to the Indenture (as amended, in the case of any Additional Series, new Series A Equipment Notes or new Additional Series issued pursuant to Section 2.02 of the Indenture, at the time of issuance of such Series).

  • Change of Control Payments means the aggregate amount of all change of control or bonus payments that are payable by the Company and its Subsidiaries to any Person solely as a result of the consummation of the Closing, together with any employer-paid portion of any employment and payroll taxes related thereto; provided, however, that in no event shall any (a) retention payments made pursuant to any Employment Agreement or (b) any severance payments made to employees who are terminated on or after the Closing Date be considered Change of Control Payments.