Mandatory Payment Amount definition
Mandatory Payment Amount shall have the meaning set forth in Section 7.3(c)(ii) hereof.
Mandatory Payment Amount means, collectively, a Disposition Payment Amount, a Debt Issuance Payment Amount and an Equity Issuance Payment Amount.
Mandatory Payment Amount means a repayment amount (subject to the minimum amount set forth in Section 2.6(a)) sufficient to cure a Borrowing Base Deficit.
Examples of Mandatory Payment Amount in a sentence
In connection with [the sale of the Carolwood Property] and the payment of the Mandatory Payment Amount associated therewith, and the inclusion of ___ as an Additional Borrower and the ___ Property as an Additional Property, Borrowers and Lender, working in good faith, have amended and restated Schedule 2.6 of the Base Agreement to set forth the Allocated Par Loan Values and Release Prices for the Additional Property and the [remaining] [other] Trust Properties.
More Definitions of Mandatory Payment Amount
Mandatory Payment Amount means the sum of (a) 39% of all Net Disposition Proceeds, (b) 100% of all Net Debt Proceeds and (c) 100% of all Net Equity Proceeds.
Mandatory Payment Amount means a repayment amount (subject to the minimum amount set forth in Section 2.6(a)) sufficient to cure a Borrowing Base Deficit. “Master Lease Agreement” shall mean an agreement between a proposed lessor of railroad rolling stock and a proposed lessee of railroad rolling stock setting forth the general terms and provisions governing any such lease, but which agreement does not itself constitute a lease of specific Units. “Material Adverse Effect” means (a) a material adverse change in, or material adverse effect upon, the business, condition (financial or otherwise) operations, performance, or Properties of the Borrower, (b) a material impairment of the ability of the Borrower, the Servicer or the Seller to perform its material obligations under any Loan Document or (c) a material adverse effect upon (i) the legality, validity, binding effect or enforceability against the Borrower, the Servicer, the Seller or any Subsidiary of any Loan Document or the rights and remedies of the Administrative Agent and the Lenders thereunder or (ii) the perfection or priority of any Lien granted under any Collateral Document, other than as such priority is impacted by a Permitted Lien. “Material Agreement” means:
Mandatory Payment Amount means, collectively, a Disposition Payment Amount, a Debt Issuance Payment Amount and an Equity Issuance Payment Amount. “Mandatory Payment Date” means January 15, 2019 and the last Business Day of each June and December of each fiscal year of the Borrower thereafter. “Net Debt Proceeds” means the cash proceeds received by the Borrower or any of its subsidiaries (net of all fees and expenses incurred in connection therewith, including, without limitation, attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, listing fees, discounts or commissions and brokerage, consultants and other customary fees and charges incurred in connection with such issuance or sale and net of Taxes paid or payable and reasonably estimated to be payable as a result of such issuance or sale) from the issuance or incurrence of (x) new debt securities (including hybrid securities or convertible debt securities) under (i) the Indenture, dated as of October 9, 2012, between the Borrower and The Bank of New York Mellon as the trustee thereunder, (ii) any other shelf registration statement of the Borrower or any of its subsidiaries filed with the Securities Exchange Commission after the date hereof or (iii) a private placement or (y) debt pursuant to any credit facility (with the commitments thereunder deemed to be fully drawn upon effectiveness), other than (i) the Syndicated Credit Facility, (ii) the Designated Bilateral Facilities, (iii) additional credit facilities in an aggregate amount not to exceed $8,000,000,000and (iv) any Excluded Debt Issuance. “Net Disposition Proceeds” means with respect to any Disposition, the cash proceeds (net of (i) selling costs and out-of-pocket expenses (including reasonable broker’s fees or commissions, legal fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, related search and recording charges, other customary expenses and brokerage, consultant and other customary fees actually incurred and paid to unaffiliated third parties in connection therewith and Taxes (including income taxes) in connection with such Disposition), (ii) amounts provided as a reserve in accordance with GAAP against any liabilities under any indemnification obligation or purchase price adjustment associated with such Disposition and (iii) cash escrows from the sale price for such Disposition) received by the Borrower or any of its subsidiaries; provided, that, with respect to any proceeds from a Disposition received b...