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 Pari Passu Debt Payment, a Permitted Credit Facility Payment, a Permitted Bondco Payment or a Permitted Subordinated Creditor Payment.
Permitted Payment means any of the following:
Examples of Permitted Payment in a sentence
The Subordinated Lender herewith undertakes to subordinate (subordinieren) and herewith subordinates, with effect as of the Effective Time, the Subordinated Claims towards the Priority Claims for the period until the Discharge Date, provided that, for the avoidance of doubt, such subordination shall include a postponement of the payment of the Subordinated Claims (Stundung) (the Subordination) and provided further that the Subordination shall not prohibit to make a Permitted Payment.
More Definitions of Permitted Payment
Permitted Payment has the meaning specified in Section 6.02(b).
Permitted Payment means any payment or receipt expressly permitted by clause 4 (Permitted Payments) so long as it is so permitted.
Permitted Payment has the meaning given to it in Clause 16.13(c) (Restricted Payments).
Permitted Payment means (whether directly or indirectly) a payment made:
Permitted Payment means a Restricted Payment if (i) no Event
Permitted Payment means any payment:
Permitted Payment has the meaning assigned to such term in Section 4.07(b).