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.

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

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).

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.

• Moreover, nothing in the Agreement plainly states that Athenian is entitled to monetary damages for failure to make the Mandatory Payments.

• Note, at 2.contends that the Agreement permits an election of remedies, one of which is money damages for failure to make the Mandatory Payments.Athenian filed suit against GMG in the Superior Court for money damages and a declaratory judgment that GMG breached the Note by failing to make the Mandatory Payments.

• Specifically, the Note states that the Mandatory Payments must begin on the first full month of the earlier of “(i) the date upon which there are subscriptions for $200,000,000 for investments in GMG Capital Partners IV, L.P. (as defined below) or (ii) the date of the final closing of all investments in GMG Capital Partners, IV, L.P.”1The parties do not dispute that a “Triggering Event” occurred, that obligated GMG to make the Mandatory Payments starting in January 2008.

• 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.

More Definitions of Mandatory Payments

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 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 means the mandatory payments required to be made pursuant to Section 1.5 of this 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. Unless accelerated pursuant to the terms and conditions of this Agreement, or paid before the scheduled Maturity Date of the Loan, the -5-

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.