Restricted Payments Basket definition

Restricted Payments Basket has the meaning given to such term in Section 4.11(a) of this Indenture.

Restricted Payments Basket has the meaning set forth in Section 4.10.

Restricted Payments Basket has the meaning given to such term in the first paragraph of Section 1009.

Examples of Restricted Payments Basket in a sentence

• In addition, any return of capital with respect to an Investment that increased the Restricted Payments Basket pursuant to Section 4.04(a)(3)(D) or decreased the amount of Investments outstanding pursuant to clause (17) of the definition of “Permitted Investments” shall be excluded in calculating Consolidated Net Income for purposes of calculating the Restricted Payments Basket.

• In addition, any return of capital with respect to an Investment that increased the Restricted Payments Basket pursuant to clause (3)(d) of the first paragraph of Section 4.08 or decreased the amount of Investments outstanding pursuant to clause (14) of the definition of “Permitted Investments” shall be excluded from Consolidated Net Income for purposes of calculating the Restricted Payments Basket.

• Payments and distributions to dissenting stockholders pursuant to applicable law, pursuant to or in connection with a consolidation, merger ortransfer of allor substantially all of the assets of the Issuer and its Restricted Subsidiaries taken as a whole that complies with the terms of this Indenture, including Article Seven hereof; provided, that no issuance and sale of Qualified Equity Interests pursuant to clause (ii), (iii) or (iv)(B) above shall increase the Restricted Payments Basket.

• Upon a Redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary, the lesser of (i) the Fair Market Value of the Issuer’s proportionate interest in such Subsidiary immediately following such Redesignation, and (ii) the aggregate amount of the Issuer’s Investments in such Subsidiary to the extent such Investments reduced the Restricted Payments Basket and were not previously repaid or otherwise reduced.

• In addition, any return of capital with respect to an Investment that increased the Restricted Payments Basket pursuant to Section 6.09(a)(ii)(4) or decreased the amount of Investments outstanding pursuant to clause (16) the definition of “Permitted Investments” shall be excluded from Consolidated Net Income for purposes of calculating the Restricted Payments Basket.

More Definitions of Restricted Payments Basket

Restricted Payments Basket has the meaning given to such term in the first paragraph of Section 4.08.

Restricted Payments Basket has the meaning given to such term in Section 4.7(a).

Restricted Payments Basket. 4.04(a)(3) “Successor” 5.01(a)(1) “Triggering Lien” 4.11

Restricted Payments Basket has the meaning assigned to that term in Section 8.8(d).

Restricted Payments Basket means the excess of (i) the sum of (a) $5,000,000; plus (b) 50% of Consolidated Net Income earned subsequent to September 30, 1997; plus (c) Net Proceeds received by the Company or a Borrower from the sale of additional shares of capital stock, over (ii) the amount of all Restricted Payments previously made in accordance with Section 6.01, and (b) the Indebtedness permitted by clause (vii) of the definition of Permitted Loans and Investments.

Restricted Payments Basket has the meaning set forth in Section 4.7(a).

Restricted Payments Basket has the meaning given to such term in Section 4.07(a)(iii) hereof.