PEC Contribution Amount definition

PEC Contribution Amount means the dollar amount representing the sum of the following amounts: (a) the Working Capital Adjustment Amount, plus (b) the Accounts Receivable Amount, plus (c) $12,000,000.
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PEC Contribution Amount means the dollar amount representing the sum of the following amounts: (a) the Working Capital Adjustment Amount,plus (b) the Accounts Receivable Amount, plus (c) $12,000,000.
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PEC Contribution Amount has the meaning set forth in the Fourth Amendment.
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Examples of PEC Contribution Amount in a sentence

  • For the avoidance of doubt, this Agreement shall automatically terminate on the date on which the PEC Contribution Amount (as defined in the Amendment) has been paid in full to Borrower.

  • On the date on which the PEC Contribution Amount (as defined in the Amendment) has been paid in full to Borrower, this Agreement will terminate automatically without any delivery of any instrument or performance of any act by any party, except that provisions that by their terms survive the termination of the Loan Documents will so survive.

  • Guarantor executed that certain Guaranty and Contribution Agreement dated as of March 20, 2019 (the “Original Guaranty”) in favor of Agent pursuant to which Guarantor guaranteed prompt payment and performance of the PEP with respect to the PEC Contribution Amount (as defined in the PEP Credit Agreement).