PSP Agreement definition

PSP Agreement has the meaning specified in the preamble to this Note.
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PSP Agreement means the Payroll Support Program Agreement entered into by the Subsidiaries with Treasury on the PSP Closing Date. “PSP Closing Date” means April 20, 2020.
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PSP Agreement has the meaning given in Clause 11.1.
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Examples of PSP Agreement in a sentence

  • If the Customer amends the RFS and the Customer and the PSP agree to amend the PSP Agreement (and the RFS Price) but fail to inform Local Expert then Local Expert is released from any and all obligations and liabilities in relation to any difference of payment between the RFS Price and the revised price as negotiated between the Customer and the PSP.

  • The principal amount of the PSP Note will increase in an amount equal to 30% of any disbursement made by the U.S. Treasury Department to United under the PSP Agreement after the initial issuance date.

  • Subject to clause 6(b), the Customer may cancel a RFS at any time, before an PSP Agreement is entered into or the PSP commenced providing the Services, by withdrawing the RFS from the Local Expert Platform.

  • PSP Agreement Effective Date will be the same as PSP Implementation Date i.e. 01 July 2018.

  • If the Company borrows less than the full amount, the amount of warrants issued would be reduced by a proportional amount.In connection with any borrowings under the Loan Program, the Company and its business will be subject to certain restrictions, including, but not limited to, certain of the restrictions described above with respect to the PSP Agreement.

  • The PSP Agreement is a binding contract between United Airlines and the Department of the Treasury, which by its terms is governed by Federal law.

  • In connection with entering into the PSP Agreement, on April 20, 2020, UAL issued the PSP Note to the U.S. Treasury Department evidencing senior unsecured indebtedness of UAL in the initial principal amount of approximately $714.0 million.

  • On April 20, 2020, United entered into a Payroll Support Program Agreement (the "PSP Agreement") with the U.S. Treasury Department providing the Company with total funding of approximately $5.0 billion pursuant to the Payroll Support Program under the CARES Act.

  • NATO information is information belonging to, and circulated by, NATO.

  • Under the PSP Agreement, the Company and its business are subject to certain restrictions, including, but not limited to, restrictions on the payment of dividends and the ability to repurchase UAL's equity securities, requirements to maintain certain levels of scheduled service, requirements to maintain U.S. employment levels through September 30, 2020 and certain limitations on executive compensation.


More Definitions of PSP Agreement

PSP Agreement has the meaning specified in the preamble to this Note. “PSP Application” means the application form and any related materials submitted by the Allegiant Travel Company to Treasury in connection with an application for financial assistance under Division A, Title IV, Subtitle B of the CARES Act. Annex A-4 [AM_ACTIVE 402047542_6]
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Related to PSP Agreement

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Sponsorship Agreement means a document that estab- lishes an advanced licensee as a sponsor for a basic licensee.

  • OP Agreement means the agreement of limited partnership of ATA Holdings, as amended and in effect from time to time.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • JV Agreement has the meaning set forth in the Recitals.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BBP, the Holding Entities and others dated as of the date hereof;

  • MLP Agreement means the First Amended and Restated Agreement of Limited Partnership of the MLP, as it may be amended, restated, supplemented or otherwise modified from time to time.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • TRIPS Agreement means the Agreement on Trade-Related Aspects of Intellectual Property Rights;

  • Lock-Up Agreement means the Lock-Up Agreement, dated as of the date hereof, by and among the Company and the directors, officers and 5% stockholders of the Company, in the form of Exhibit C attached hereto.

  • Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the Operating Partnership dated as of , 2011, as the same may be amended, modified or restated from time to time.

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Dealership Agreement means an oral or written agreement, either express or implied, between a supplier and a dealer which provides that the dealer is granted the right to sell, distribute, or service the supplier’s equipment, regardless of whether the equipment carries a trade name, trademark, service mark, logotype, advertisement, or other commercial symbol, and which provides evidence of a continuing commercial relationship between the supplier and the dealer.

  • Initial LLC Agreement has the meaning set forth in the recitals to this Agreement.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Transaction Agreement has the meaning set forth in the recitals.

  • LLC Agreement means the Limited Liability Company Agreement of the Company, as amended from time to time pursuant to its terms.

  • Partnership Agreements means the partnership agreements together with all agreements, certificates and other documents provided to and approved by Lender and which govern the existence, operation and ownership of the Partnerships.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Secondment Agreement is defined in Section 2.2.

  • Membership Agreement means the agreement between the Foundation and each Member regarding each such Member’s rights and obligations as a Member.

  • Support Agreement has the meaning set forth in the Recitals.

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Operating Agreement means the agreement, whether or not referred to as an operating agreement and whether oral, in a record, implied, or in any combination thereof, of all the members of a limited liability company, including a sole member, concerning the matters described in section 489.110, subsection 1. The term includes the agreement as amended or restated.

  • Original LLC Agreement has the meaning set forth in the recitals to this Agreement.