Permitted Payment definition

Permitted Payment as defined in Subsection 8.2(b).

Permitted Payment means a Permitted Hedge Payment, a Permitted Intra-Group Payment, a Permitted High Yield Payment, a Permitted Subordinated Creditor Payment, a Permitted Second Lien Payment, a Permitted Senior Secured Creditor Payment or a Permitted Unsecured Payment.

Permitted Payment means any of the following:

Examples of Permitted Payment in a sentence

• In the event of a Director ceasing to be a Director as a consequence of dying, retiring or ceasing to hold office ( Retiring Director), the Directors may approve and make such payment to the Retiring Director, or his legal personal representatives or dependents as permitted under section 200F of the Corporations Act (Permitted Payment).

• Partial Quotes ☒ Not permitted ☐ Permitted Payment Terms ☒ 100% within 30 days after receipt of goods, works and/or services and submission of payment documentation.

• This is a major concern given the need to support sustainable job creation against a backdrop of unacceptably high rates of unemployment15 and a very large youth population that will need to join the workforce.

• In the event of a Director ceasing to be a Director as a consequence of dying, retiring or ceasing to hold office ( Retiring Director), the Directors may approve and make such payment to the Retiring Director, or his legal personal representatives or dependents as permitted under division 2 of part 2D.2 of the Corporations Act (Permitted Payment).

• Attached hereto as Exhibit 1 is a true, complete and correct schedule of Permitted Payments made to the Permitted Payees set forth therein, listing the dates and amounts of such Permitted Payments, and each such Permitted Payment has been made in strict accordance with Schedule 2 of the Note.

More Definitions of Permitted Payment

Permitted Payment has the meaning specified in Section 6.02(b).

Permitted Payment has the meaning given to it in Clause 16.13(c) (Restricted Payments).

Permitted Payment means any payment or receipt expressly permitted by clause 4 (Permitted Payments) so long as it is so permitted.

Permitted Payment means the legal payment of wages, commissions, consulting fees or similar compensation or work- related expenses in the employment context.

Permitted Payment. 1009 "Private Placement Legend" 202 "Purchase Money Security Agreement" 101 "refinancing" 1008 "Required Filing Date" 1019 "Restricted Payments" 1009 "Restricted Period" 201 "Revocation" 1018 "Securities" Recitals "Security Amount" 0000 "Xxxxxxxx Xxxxxxxx" 305 "Security Registrar" 305 "Series A Securities" Recitals "Series B Securities" Recitals "Special Payment Date" 309 "Surviving Entity" 801 "Surviving Guarantor Entity" 801 "U.S. Government Obligations" 404 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture and as may be requested by the Trustee, the Company and any Guarantor (if applicable) and any other obligor on the Securities (if applicable) shall furnish to the Trustee an Officers' Certificate in a form and substance reasonably acceptable to the Trustee stating that all conditions precedent, if any, provided for in this Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with, and an Opinion of Counsel in a form and substance reasonably acceptable to the Trustee stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such certificates or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or Opinion of Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include:

Permitted Payment has the meaning assigned to such term in Section 4.07(b).

Permitted Payment shall have the meaning ascribed to such term in Section 3.13(g).