Payment Block definition
Payment Block means any of the circumstances described in Section 2.05(b)(viii) and (ix).
Payment Block has the meaning specified in Section 2.05(2)(g).
Payment Block has the meaning specified in Section 2.05(b)(viii)(A).
Examples of Payment Block in a sentence
The Borrower shall not be required to monitor any such Payment Block and/or reserve cash for any future repatriation after it has notified the Administrative Agent of the existence of such Payment Block.
More Definitions of Payment Block
Payment Block means any of the circumstances described in Section 2.10(h).
Payment Block is defined in Section 2.4.
Payment Block means any of the circumstances described in Section 2.05(b)(viii) and (ix). “PBGC” means the Pension Benefit Guaranty Corporation.
Payment Block has the meaning specified in Section 2.05(b)(viii)(A). “Payment Recipient” has the meaning assigned to it in Section 9.19(a). “PBGC” means the Pension Benefit Guaranty Corporation.
Payment Block means any of the circumstances described in Section 2.05(b)(ix). “Payment Notice” has the meaning specified in Section 9.03(d)(ii).
Payment Block. 13.2 (c) "Payment Notice" 13.2 (c)
Payment Block has the meaning specified in Section 2.05(b)(ix). “Payment Notice” has the meaning assigned to it in Section 9.18(a). “Payment Recipient” has the meaning assigned to it in Section 9.18(a). “PBGC” means the Pension Benefit Guaranty Corporation. “Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any installment payment thereof) to Plans and set forth in Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. “Perfection Certificate” means that certain Perfection Certificate, dated as of the date hereof, executed by the Borrower. “Perfection Exceptions” means that (a) with respect to any Collateral located in the United States, no Loan Party shall be required to (i) other than as expressly required by the Security Agreement, enter into control agreements with respect to, or otherwise perfect any security interest by “control” (or similar arrangements) over securities accounts, deposit accounts, other bank accounts, cash and cash equivalents and accounts related to the clearing, payment processing and similar operations of the Borrower and the Restricted Subsidiaries, (ii) perfect any pledge, security interest or mortgage other than by, as applicable, (1) the filing of a UCC-1 financing statement, (2) the filing in any applicable real estate records in the United States with respect to any mortgaged property or any fixture relating to any mortgaged property, (3) the filing of intellectual property security agreements the United States Copyright Office or the United States Patent and Trademark Office with respect to intellectual property, (4) delivering Stock Certificates and the Pledged Debt (as defined in the Security Agreement) and (5) the applicable filings with respect to Government Contracts pursuant to Section 6.20, (iii) enter into any source code escrow arrangement or register any intellectual property, (iv) send notices to account debtors or other contractual third-parties unless an Event of Default has not been cured or waived and is continuing and the Administrative Agent has exercised its rights pursuant to Section 8.02 of this Agreement, (v) (a) enter into any security documents to be governed by the law of any jurisdiction in which assets are located other than the United States or any state thereof (or the District of Columbia) or (b) create any security interests in assets