Put Option Payment definition

Put Option Payment means the Put Option Payment (as defined in the Commitment Agreement) to be paid to the Commitment Parties pursuant to the Commitment Agreement.
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Put Option Payment has the meaning given to such term in Section 3.1(a) hereof.
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Put Option Payment means the payment required to be made by the RC Borrower upon the exercise of the Put Option.
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Examples of Put Option Payment in a sentence

  • It is hereby agreed that the relative benefits to the Indemnifying Party, on the one hand, and all Indemnified Parties, on the other hand, shall be deemed to be in the same proportion as (a) the total value received or proposed to be received by the A.M. Castle Parties pursuant to the issuance and sale of the New Money Notes as contemplated by this Agreement bears to (b) the Put Option Payment paid or proposed to be paid to the Commitment Parties (applying a liquidity discount as appropriate).

  • The provisions for the payment of the Put Option Payment and Transaction Expenses, and the indemnification provided herein, are an integral part of the transactions contemplated by this Agreement and without these provisions the Commitment Parties would not have entered into this Agreement, and the Put Option Payment and Transaction Expenses shall constitute allowed administrative expenses of the Debtors’ estates under sections 503(b) and 507 of the Bankruptcy Code.

  • The work specified herein shall be the removal of ACBM by competent persons who are knowledgeable in asbestos removal and will comply with all applicable Federal, State and Local regulations.

  • The A.M. Castle Parties shall have paid the Put Option Payment in accordance with Section 3.1, and no portion of the Put Option Payment shall have been invalidated or avoided.

  • Disposal of 49% stake in Multi-Purpose Insurans Bhd (“MPIB”) (cont’d) MPCHB has also received the Call Option Payment and Put Option Payment from Generali Asia amounting to an aggregate of approximately RM4.15 million.

  • Inclusive of form work, concrete placing, finishing, shaping, curing, joining, etc.

  • I respectfully submit that, for all of the foregoing reasons, the reimbursement provisions of the RSA and the Commitment Agreement, the Put Option Payment and the Creditor Indemnification should be approved.

  • Accelerated procedure The Court’s second proposal would allow for an "accelerated procedure", omitting or shortening particular stages of procedure, where a national court requests it and the circumstances show unusual urgency.

  • Under the circumstances of these cases, the Debtors submit that the provisions of the RSA and the Commitment Agreement providing for the reimbursement of the Restructuring Expenses and the Commitment Expenses, respectively, and the Put Option Payment and the Creditor Indemnification (if an indemnification event occurs) are fair and reasonable and should be awarded in accordance with the terms and conditions of the RSA and the Commitment Agreement.

  • The Debtors agree to use their commercially reasonable efforts (including by filing all necessary applications and other filings under the Securities Act, the Exchange Act and/or any of the rules or regulations promulgated thereunder) to cause any copy of this Agreement that may be filed with the SEC to be accorded confidential treatment such that the Note Purchase Price of each Purchaser (including the Put Option Payment that will be paid to such Purchaser) shall be redacted.


More Definitions of Put Option Payment

Put Option Payment means the issuance, following the Continuance and Domestication, by New Mood to: (a) the Apollo Sponsor, 7,284,441 New Company Common Shares; and (b) the GSO Sponsors, 5,215,559 New Company Common Shares, allocated and distributed on a pro rata basis in proportion to the principal amount of Company Notes of each such GSO Sponsor, in each case in consideration for the agreement in the Arrangement Agreement by the Sponsors to fund amounts up to, in the aggregate, the Maximum New Capital Offering Amount;
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Put Option Payment has the meaning given to such term in the Commitment
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Put Option Payment. The DIP Lenders shall receive from the Debtors a nonrefundable upfront put option payment (the “Put Option Payment”), payable in cash, in the aggregate amount of 2.00% of the aggregate principal amount of the Total DIP Commitment. The Put Option Payment shall be for the Borrower’s right to call the Total DIP Commitment. The Put Option Payment shall be due and owing in full on the Closing Date, and the Debtors shall pay the entire Put Option Payment on the Closing Date.
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Put Option Payment means the Put Option Payment (as defined in the
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Put Option Payment means the amount of $1,000.00, plus all reasonable costs, fees, and expenses necessary to transfer all of the Lessor’s interest in the Project to the Lessee and any other costs, fees, and expenses incurred by the Lessor in connection with the Lessor’s exercise of the Put Option.
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Related to Put Option Payment

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • subscription payments recurring payments” “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Redemption Payment Date As defined in Section 13.1.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Put Option Event means a Change of Control Event.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Termination Payments has the meaning specified in Section 10(a).

  • Delta Payment means as it is described in this Agreement.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).