Preferred Payment definition

Preferred Payment means the distribution to the Preferred Members of the Initial Liquidation Preference plus the aggregate Preferred Returns earned thereon in full.

Preferred Payment means any payment not exceeding the outstanding Commitment of the relevant Lender received by or for the account of a Lender in freely convertible and transferable currencies (“Convertible Currencies”) under circumstances in which any authority having the power to regulate foreign exchange in the Russian Federation or any other jurisdiction through which any payment due under any of the Finance Documents is made (each, a “Restricted Country”) is not generally permitting the conversion of the currency of such Restricted Country into Convertible Currencies or the remittance of Convertible Currencies from such Restricted Country, but that Lender is either being exempted from such foreign exchange restrictions or is otherwise being afforded preferential treatment by foreign exchange being made available for obligations owed to it in Convertible Currencies.

Preferred Payment means any payment received by the Multilateral Financial Institution under any MFI Facility at any time outstanding, in freely convertible and transferable currencies (“Convertible Currencies”) in circumstances in which the Central Bank of Mexico, or any other Mexican authority having the power to regulate foreign exchange, is not generally permitting the conversion of Pesos into Convertible Currencies or the remittance of Convertible Currencies from Mexico, but such Multilateral Financial Institution is either being exempted from such foreign exchange restrictions or is otherwise being afforded preferential treatment by foreign exchange being made available for obligations owed to it in Convertible Currencies.

Examples of Preferred Payment in a sentence

• For a Preapproved Payment and, in most instances, a No Log-In Payment, you can select a Preferred Payment Method when you provide your initial authorization for this payment and through the My Preapproved Payments section of your Account Profile.

• If eCheck is your Preferred Payment Method, it will be used to fund your PayPal payment, even if you have a balance.

• You may select a Preferred Payment Method each time you make a payment, except for a Preapproved Payment or a No Log-In Payment.

• Notwithstanding anything herein to the contrary but subject to the provisions of this Article VIII, following the Preferred Payment, the Common Members may freely transfer their Common Units to any Person.

• If you select a Preferred Payment Method but have available balance in your Account, your balance will be used to fund your payment.

More Definitions of Preferred Payment

Preferred Payment means that payment due the Tribe as described in Section 6.4.

Preferred Payment means the aggregate Preferred Per Share Amount payable to all Preferred Stockholders at the Effective Time as set forth in Section 2.4(b).

Preferred Payment means an amount determined for each Payment Period or portion thereof equal to the product of the Unrecovered Capital of the Trinity Class B Member at the time of determination and the Funding Rate for such Payment Period (or portion thereof).

Preferred Payment has the meaning given to that term in Clause 32.5.2 (Exceptions).

Preferred Payment means any payment received by, or for the account of, a Finance Party from, or on account of the obligations of, any Obligor in a Convertible Currency due and payable to that Finance Party during an Inconvertibility Event as a consequence of any Preferential Treatment afforded to that Finance Party, where:

Preferred Payment means the amounts distributable to the Preferred Members pursuant to Sections 10.3(a)(i) and (ii).

Preferred Payment means each of the following: