Mandatory Payments definition

Mandatory Payments means, individually or collectively as the context may require, any and all mandatory payments required to be made on the Loan pursuant to Section 1.5 of this Agreement.

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Mandatory Payments means the mandatory payments required to be made on the Loan pursuant to Section 1.5 of this Agreement.

Mandatory Payments has the meaning specified in Section 2.07(a).

Examples of Mandatory Payments in a sentence

• Interest on mandatory prepayments of principal under Section 4.5 [Mandatory Payments] shall be due on the date such mandatory prepayment is due.

• If the Company terminates the Covered Person’s employment as a result of the Covered Person’s Disability (as defined below), or such Covered Person’s employment is terminated due to the death of the Covered Person, then the Covered Person shall not be entitled to receive any severance payments or other benefits, other than the Mandatory Payments or those (if any) as may then be established under the Company’s then existing severance guidelines and benefit plans at the time of such Disability or death.

• The foregoing indemnity obligations of Lessee shall include reasonable attorney's fees, investigation costs and all other reasonable costs and expenses incurred by Lessor from the first notice that any claim or demand is to be made or may be made.

• The Borrowers shall repay the outstanding principal amount of the Term Facility in quarterly installments, each in an amount equal to $7,500,000 (as such installments may hereafter be adjusted as a result of Mandatory Payments made pursuant to Section 1.5 of this Agreement or prepayments made pursuant to Section 1.4(f) of this Agreement), with the remaining principal balance due on the Maturity Date, unless accelerated sooner pursuant to this Agreement.

• In such event the Employee shall not be entitled to receive any further remuneration or payments of any kind or nature from and after the effective date of resignation other than the Mandatory Payments unless the parties agree otherwise.

More Definitions of Mandatory Payments

Mandatory Payments means any amount described in subsections 2.3A(i)(a)-(f) of the Detroit L/C Facility Agreement or 2.4A(iii)(a)-(g) of the New L/C Facility Agreement to be applied as a Mandatory Payment (as such term is defined in each Facility Agreement).

Mandatory Payments means any amount described in subsections 2.4A(iii)(a)-(e) of the Revolver Credit Agreement and subsections 2.4A(ii)(a)-(e) of the Term Loan Agreement to be applied as a prepayment of the Term Loans and/or the Revolver Loans and/or a permanent reduction of the Revolver Loan Commitments.

Mandatory Payments means payments in respect of all claims required for approval of the Proposal pursuant to section 60 of the Act.

Mandatory Payments means payments that Amylin is required to make pursuant to Sections 4.4(a) and 4.4(b) of the Settlement and Termination Agreement, subject to the terms and conditions set forth in Article IV of the Settlement and Termination Agreement (which payments, for clarity, may be subject to reduction or termination in accordance with the provisions of Section 4.5 and 4.6 of the Settlement and Termination Agreement).

Mandatory Payments has the meaning given to it in Section 5.1(b).

Mandatory Payments has the meaning specified in clause "Fifth" of Section 5.03(b).

Mandatory Payments. Upon Ivory entering into an Acquisition Proposal (as defined in the Merger Agreement) payable in full in cash including all accrued and unpaid and accreted interest.