Specified Payments definition

Specified Payments means Permitted Investments pursuant to clauses (13) and (14) of the definition of “Permitted Investments” and any Restricted Investments pursuant to Section 4.07(a) and Section 4.07(b), in each case, to the extent made in cash.

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Specified Payments means, with respect to any period, (A) any Investment permitted under Section 7.02(d)(v), (j), or (n), (B) any Indebtedness permitted under Section 7.03(h) or 7.03(n), or (C) any Disposition permitted by Section 7.05(f).

Specified Payments. ’ means payments made

Examples of Specified Payments in a sentence

• Upon the effectiveness of this Amendment, the Purchaser also hereby waives any Event of Default that may occur under Section 10.5(ii) of the Note Purchase Agreement for any of the fiscal quarters ending March 31, 2012, June 30, 2012, September 30, 2012 and December 31, 2012 solely as a result of the Specified Payments (but no other Restricted Payments).

• For the avoidance of doubt, the Specified Payments shall be included as “Restricted Payments” for all purposes under the Note Purchase Agreement, including, without limitation, (i) determining the aggregate amount of Restricted Payments as of March 31, 2012, June 30, 2012, September 30, 2012 and December 31, 2012 for the period of four fiscal quarters ending on each such date, that are permitted to be made under Section 10.5(ii) of the Note Purchase Agreement, and (ii) determining the LC Termination Date.

• For the avoidance of doubt, Specified Payments shall not constitute Distributions.

• These amounts shall be distributed by the New Manager from its own assets (and not from the assets of any plan) (the "Specified Payments").

• On the Amendment Date, the Hedge Provider will execute and deliver in escrow, to be held until the Deferred Payment Date, the Amendment No.2 to Intercreditor Agreement, provided that such Amendment No.2 to Intercreditor Agreement will not become effective until (a) execution and delivery by all other parties thereto, and (b) Hedge Provider’s receipt of payment in full in immediately available funds on the Deferred Payment Date of all Specified Payments and accrued interest thereon.

More Definitions of Specified Payments

Specified Payments means Permitted Investments pursuant to clauses (13) and (14) of the definition of “Permitted Investments” and any Restricted Investments pursuant to the first paragraph and clauses (1) and (2) of the covenant “-Certain Covenants-Restricted Investments,” in each case, to the extent made in cash.

Specified Payments has the meaning assigned to such term in Annex G.

Specified Payments means, with respect to any period, any Indebtedness permitted under Section 7.03(f), 7.03(i) or 7.03(o), the making of any Restricted Payment under Section 7.06(f) or 7.06(k) or payments under Section 7.12(a)(v) or the designation of a Restricted Subsidiary as an Unrestricted Subsidiary which Subsidiary has assets included in the calculation of the Borrowing Base immediately prior to such Subsidiaries being designated as an Unrestricted Subsidiary.

Specified Payments is defined in Section 3.1.5.

Specified Payments means any prepayment of Indebtedness contemplated by Section 7.14(iv) (including any Investment permitted under Section 7.03(xxii)).

Specified Payments means, collectively, the ML Specified Payments and the CRIF Specified Payments.

Specified Payments means, for any period, (a) all interest due and payable on the AMCI Senior Notes and on the 1995 Terra Debt during such period, (b) all scheduled dividends payable during such period on convertible Preferred Stock or other equity securities issued and applied to prepay the Advances (to the extent the Commitments hereunder are reduced simultaneously with such issuance), (c) ordinary and necessary expenses incurred by Terra as a result of its operations as a publicly-held holding company and (d) other payments in an aggregate amount up to $5,000,000 per year to the extent required under pre-existing obligations.