Payment Duties definition

Payment Duties. The meaning specified in Section 7.2(b)(vii).

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Payment Duties has the meaning assigned to that term in Section 10.02(b)(ii).

Payment Duties. Defined in Section 8.2(c)(iv).

Examples of Payment Duties in a sentence

The Collateral Custodian shall also make required calculations for its Payment Duties as of the Determination Date related to such Payment Date, and deliver such calculations to the Borrower and the Collateral Manager (and, following the delivery of a Notice of Exclusive Control, the Administrative Agent and the Collateral Manager) for the Collateral Manager’s (or Administrative Agent’s, as applicable) review no later than two (2) Business Days prior to such Payment Date.
As a condition of DragonFly enabling payment processing services through Stripe, you agree to provide DragonFly accurate and complete information about you and your business, and you authorize DragonFly to share it and transaction information related to your use of the payment processing services provided by Stripe to Stripe for fulfillment of Payment Duties.
The Collateral Custodian shall also make required calculations for its Payment Duties as of the day that is four (4) Business Days prior to the applicable Payment Date, and deliver such calculations to the Borrower and the Collateral Manager (and, following the delivery of a Notice of Exclusive Control, the Administrative Agent and the Collateral Manager) for the Collateral Manager’s (or Administrative Agent’s, as applicable) review no later than two (2) Business Days prior to such Payment Date.

More Definitions of Payment Duties

Payment Duties. The meaning specified in Section 7.2(b)(vii). -34- USActive 55348338.2

Payment Duties has the meaning assigned to that term in Section 9.01(c)(ii). "Pension Plan" has the meaning assigned to that term in Section 4.01(s).

Payment Duties. The meaning specified in Section 7.2(b)(iii). “Payment Recipient”: The meaning specified in Section 11.10(a). “Pension Plan”: The meaning specified in Section 4.1(w). “Periodic Term SOFR Determination Day”: The meaning specified in the definition of “Term SOFR”. “Permitted Affiliate”: An Affiliate of the Collateral Manager or Investment Advisor, as applicable, that (i) executes and delivers documentation containing representations and agreements to the same substantial effect as those made by the Collateral Manager or Investment Advisor, as applicable, under the Transaction Documents and the Investment Management Agreement, (ii) has demonstrated an ability to professionally and competently perform duties similar to those imposed upon the Collateral Manager or Investment Advisor, as applicable, under the Transaction Documents and the Investment Management Agreement, (iii) is legally qualified and has the capacity to assume the duties and obligations of the Collateral Manager or Investment Advisor, as applicable, under the Transaction Documents and the Investment Management Agreement, and (iv) immediately after the appointment of such party to assume the duties of the Collateral Manager or Investment Advisor, as applicable, under the Transaction Documents and the Investment Management Agreement, employs or utilizes such principal personnel that are necessary to perform the duties required under the Transaction Documents and the Investment Management Agreement, in each case, as reasonably determined the Administrative Agent. “Permitted DDTL”: With respect to any First Lien Loan, any delayed draw term loan (i) that is secured by a pari passu lien on the assets securing such First Lien Loan, (ii) for which the payment priority is pari passu with such First Lien Loan, and (iii) is a tranche of the same facility as such First Lien Loan. -50- [Willow Tree II] Loan, Security and Collateral Management Agreement #183807612

Payment Duties. The meaning specified in Section 7.2(b)(vii). “Payment Recipient”: The meaning specified in Section 11.10(a). “Pension Plans”: The meaning specified in Section 4.1(w). “Permitted Investments”: Negotiable instruments or securities or other investments (which may include obligations, deposits, instruments, investments and securities of or with the Collateral Agent or any Affiliate of the Collateral Agent, or of or with issuers for which the Collateral Agent or an Affiliate of the Collateral Agent provides services or receives compensation) that (i) except in the case of time deposits and investments in money market funds, are represented by instruments in registered form or ownership of which is represented by book entries by a Clearing Agency or by a Federal Reserve Bank in favor of depository institutions eligible to have an account with such Federal Reserve Bank who hold such investments on behalf of their customers, (ii) as of any date of determination, mature by their terms on or prior to the Business Day preceding the next Payment Date, (iii) have payments thereon to the Borrower that are not subject to any withholding tax unless the obligor thereon is required under the terms of the related Underlying Instrument to make “gross-up” payments that cover the full amount of such withholding tax on an after-tax basis and (iv) evidence: BUSINESS.32224493.6 47

Payment Duties. Defined in Section 8.2(b)(4).

Payment Duties. The meaning specified in Section 7.2(b)(ii). “Payment Recipient”: The meaning specified in Section 11.10(a). “Pension Plan”: The meaning specified in Section 4.1(w).

Payment Duties. The meaning specified in Section 7.2(b)(vii). “Pension Plans”: The meaning specified in Section 4.1(v). USActive 37382726.3637382726.39 33