Examples of Special Payments in a sentence

The Trustee shall hold the Special Payments Account in trust for the benefit of the Applicable Certificateholders and shall make or permit withdrawals therefrom only as provided in the Agreement.
On each day when one or more Special Payments are made to the Trustee under the Intercreditor Agreement, the Trustee, upon receipt thereof, shall immediately deposit the aggregate amount of such Special Payments in the Special Payments Account.
The Director of Finance shall maintain a Losses and Special Payments Register in which write-off action is recorded.
The Chief Finance Officer shall maintain a Losses and Special Payments Register in which write-off action is recorded.
Any amounts on deposit in the Special Payments Account prior to the distribution thereof pursuant to Section 2.04 or 3.02 shall be invested in accordance with Section 2.02(b).

More Definitions of Special Payments

Special Payments means (a) all payments made by the Contractor under the Construction Contract and all other payments made by the Contractor or Alcatel in respect of any breach or failure by the Contractor to perform its obligations under the Construction Contract, whether as a result of any proceeding, settlement or otherwise, and (b) all payments made under the Performance Bond.

Special Payments are any payment or series of payments pursuant to a final, nonappealable judgment or a final settlement or agreement exceeding in the aggregate $15 million to Hudsxx Xxxted Bancorp (including any successor, "Hudsxx") xursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between Hudsxx xxx the Company (as amended or modified, the "Hudsxx Xxxeement"), except to the extent that such payment or payments result or arise from (1) a misrepresentation by the First Investor in Section 2.3(f) or a breach by the First Investor of Section 4.1(a) of the Investment Agreement or (2) any actual or potential "Acquisition Transaction", "Subsequent Transaction" or "Subsidiary Transaction" (as such terms are defined in the Hudsxx Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.

Special Payments are any payment or series of payments pursuant to a final, nonappealable judgment or a final settlement or agreement exceeding in the aggregate $15 million to Xxxxxx United Bancorp (including any successor, "Xxxxxx") pursuant to the Termination, Option Cancellation and Settlement Agreement, dated as of April 28, 2000, between Xxxxxx and the Company (as amended or modified, the "Xxxxxx Agreement", except to the extent that such payment or payments result or arise from (1) a misrepresentation by the First Investor in Section 2.3(f) or a breach by the First Investor of Section 4.1(a) of the Investment Agreement or (2) any actual or potential "Acquisition Transaction," "Subsequent Transaction" or "Subsidiary Transaction" (as such terms are defined in the Xxxxxx Agreement) approved, recommended or authorized by the Board of Directors of the Company after the date of the Investment Agreement.

Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligations exist for the payment and/or other extra-contractual expenditure. Special Payments may include, but is not limited to, out-of-court settlements, compensation or additional severance payments to the Grant Recipient’s employees; State Aid Law means the law embodied in Article 107- 109 of section 2, Title VII of the Common Rules on Competition, Taxation and Approximation of Laws – Consolidated Versions of the Treaty on European Union and the Treaty for the Functioning of the European Union or any Domestic Law which replaces such State Aid Law following the UK’s exit from the European Union; Third Party means any person or organisation other than the Grant Recipient or the Authority; Unspent Monies means any monies paid to the Grant Recipient in advance of its Eligible Expenditure, which remains unspent and uncommitted at the end of the Financial Year, the Funding Period or because of termination or breach of these Conditions; VAT means value added tax chargeable in the UK; Working Day means any day from Monday to Friday (inclusive) which is not specified or proclaimed as a bank holiday in England and Wales pursuant to section 1 of the Banking and Financial Xxxxxxxx Xxx 0000 including Christmas Day and Good Friday.

Special Payments means ex gratia expenditure by the Grant Recipient to a third party where no legal obligation exists for the payment and/or other extra-contractual expenditure, including out-of-court settlements, compensation or additional severance payments to the Grant Recipient’s employees; State Aid Law means the law embodied in Articles 107- 109 of the Treaty for the Functioning of the European Union and any related legislation adopted by the Council, European Parliament and/or the Commission (including implementing legislation) decisions and communications to the extent it applied or continues to apply at any time in the United Kingdom;

Special Payments means (a) all payments made by the Contractors after the Closing Date under the Construction Contract and all other payments made after the Closing Date by the Contractors or the Construction Contract Guarantors in respect of any breach or failure by the Contractors to perform their obligations under the Construction Contract, whether as a result of any proceeding, settlement or otherwise, and (b) all payments made under the Performance Bond.