Sharing Payments definition

Sharing Payments shall have the meaning assigned to that term in Section 3.2.

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Sharing Payments shall be amended to read as follows: "Collateral" shall mean all real and personal property in or upon which a Dravo Party or other third Person has granted to the Collateral Agent on behalf of the Secured Parties or to any Secured Party, pursuant to the Security Documents, a lien, security interest or other encumbrance to secured the Secured Obligations and the Dravo Guaranty. "Security Documents" means the Security Agreement, the Dravo Pledge Agreement, the Companies Pledge Agreement, the Dravo Security Agreement, the Lime Patent Security Agreement, the Lime Mortgages, the Dravo Guaranty and all documents and instruments executed and delivered in connection therewith and any other document or instrument pursuant to which a Dravo Party or any other Person grants to the Collateral Agent or a Secured Party a security interest in, or lien or encumbrance upon, any real or personal property to secure the payment or performance of the Secured Obligations. "Sharing Payment" means a payment with respect to a Secured Obligation, whether by way of a direct payment to a Secured Party from a Dravo Party, including without limitation any payment under the Dravo Guaranty, or other Person or through the exercise by a Secured Party of any right of setoff, bankers' lien or similar right; provided, however, that a distribution to the Secured Parties of Proceeds as contemplated in Section 2 hereof shall not constitute a "Sharing Payment" hereunder.

Sharing Payments shall have the meaning set forth in the Senior Debt Intercreditor Agreement.

Examples of Sharing Payments in a sentence

Each payment of such Transaction Revenue Sharing Payments by T-Mobile Collocator shall identify and specify the Site in respect of which such payment is being made.
AT&T Collocator and Tower Operator shall agree, from time to time, on a mutually acceptable procedure to facilitate the identification of the Site in respect of which each payment of Transaction Revenue Sharing Payments by AT&T Collocator is being made.
Tower Operator shall pay, as and when due and payable, Tower Operator’s Share of Transaction Revenue Sharing Payments that are required to be made with respect to the AT&T Rent Amount for any Site.
In calculating your entitlement to Profit Sharing Payments hereunder, the excess of your aggregate Payment Installments over the Earned Amount shall be netted against future Payment Installments, if any.
Tower Operator shall be fully responsible for any Tower Operator Negotiated Increased Revenue Sharing Payments.
Tower Operator shall pay, as and when due, Tower Operator’s Share of Transaction Revenue Sharing Payments that are required to be made in respect of the Rent and Pre-Lease Rent for all Sites.
Neither the Commitment nor any other right or obligation hereunder may be assigned, pledged or otherwise transferred, in whole or in part, to any Person without the prior written consent of the other parties hereto, provided that, for the avoidance of doubt, GMAC may collect Loss Sharing Payments on behalf of, or direct that Loss Sharing Payments be made to, GMAC Subsidiaries.
Tower Operator shall pay, as and when due and payable, Tower Operator Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Collocation Rent for any Site.
Within thirty (30) days following delivery of such consolidated audited Oaktree Operating Group annual report in respect of a given fiscal year, a determination shall be made as to whether the aggregate Payment Installments paid to you in respect of such fiscal year were greater or less than the Profit Sharing Payments to which you are due applying the calculation required by this Agreement (“Earned Amount”).
Accordingly, each Creditor hereby agrees that in the event (a) an event described in clauses (x) or (y) above shall have occurred, (b) any Creditor shall receive a Sharing Payment (a "Receiving Creditor"), and (c) any other Creditor shall not concurrently receive its Pro Rata Share of Sharing Payments from the same Subsidiary Guarantor or THC Systems, Inc.

More Definitions of Sharing Payments

Sharing Payments is defined in Section 4.12(j)(iii). “Shipment” means for each Bloom System, shipment of such Bloom System from Seller’s manufacturing facility to the Site. “Shipment Date” means for each Bloom System, the date of Shipment. “Site” means the parcel of land licensed from a PPA Customer to Buyer under a Site License and all easements appurtenant, easements in gross, license agreements and other rights running in favor of Buyer which provide access to the applicable Facility. “Site License” means each agreement between Buyer and a PPA Customer regarding the license or similar contractual arrangement providing Buyer with the right of access to a Site for the purposes of performing Buyer’s obligations pursuant to the applicable PPA. “Site Preparation Services” means preparing each Site for installation of a Facility, obtaining the required Permits to construct, operate and maintain the Facility, and providing for natural gas interconnection facilities, the Electrical Interconnection Facilities and any other ancillary facilities and equipment between the Bloom Systems and the 17

Sharing Payments means, for each Indexed PPA, any payments owed by Buyer to the applicable PPA Customer (including offsets against amounts 43