Value Transfer definition

Value Transfer means the $900 million value transfer in the form of additional net debt and other financings, retained by Marathon in connection with the Separation that, prior to Separation, was atrributed to the U.S. Steel Group.
View Source
Value Transfer has the meaning ascribed to such term in the Prospectus.
View Source
Value Transfer means, with respect to any Junior Debt, the making, by payment (including in respect of any sinking fund), dividend, distribution (including in any Debtor Relief Proceeding), redemption, purchase or in any other manner, of any payment or transfer of cash, securities, or other property, in full or partial satisfaction or otherwise on account of or for such Indebtedness or other Junior Debt, including the exercise by any Person that is an obligee or holder of such Indebtedness of any right of set-off, recoupment, bankers' lien, freezing of deposit account, or similar right or remedy of such obligee or holder against any obligor thereof.
View Source

Examples of Value Transfer in a sentence

  • Money shall be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer using the Large Value Transfer System.

  • The first withdrawal will be equal to the Book Value Transfer Limit reduced by the sum of (a) any amounts exchanged from the Guaranteed Fund to a Companion Investment Option during the twelve-month period immediately preceding the withdrawal and (b) any amounts withdrawn from the Guaranteed Fund to make Cash Payments during the twelve (12) month period immediately preceding the Withdrawal.

  • Subsequent Withdrawals will be equal to the Book Value Transfer limit reduced by any amounts withdrawn from the Guaranteed Fund to make Cash Payments during the twelve (12) month period immediately preceding the Withdrawal.

  • Money may be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer using the Large Value Transfer System.

  • OGS issued the RFP in its capacity as the designated Statewide Electronic Value Transfer Administrator (“EVTA”) under State Finance Law § 4-a.

  • Electronic Value Transfer Administrator (EVTA) – the New York State Office of General Services.

  • Any tender of money may be made by certified cheque, bank draft or wire transfer of immediately available funds using the Large Value Transfer System.

  • The Purchaser shall pay, by certified cheque, bank draft or wire using the "Large Value Transfer System", the amount of INSERT DEPOSIT AMOUNT IN WORDS (INSERT NUMERIC DEPOSIT) (the "Deposit") within four [4] days following the Effective Date, to the Vendor's lawyers, [To Be Provided], in trust, as a deposit to be held in accordance with Section 10 of this Agreement.

  • Any tender of documents or money hereunder may be made upon Seller or Buyer or their respective lawyers on the day set for ▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇ shall be tendered with funds drawn on a lawyer’s trust account in the form of a bank draft, certified cheque or wire transfer using the Large Value Transfer System.

  • Notwithstanding Section 7.17(a), with respect to the Canadian Trustee (i) all payments in excess of $25,000,000 (or such other amount as determined from time to time by the Canadian Payments Association or any successor thereto) shall be made by the use of the Large Value Transfer System (LVTS) and (ii) in the event that payment must be made to the Depositary, the Company shall remit payment to the Trustee or paying agent by LVTS.

Related to Value Transfer

  • transfer value means the value of a transferred vote calculated in accordance with rules STV47.4 or STV47.7.

  • Title Transfer as herein used means transfer of ownership reported in the records of Carrier of a stated quantity of Petroleum in the custody of Carrier from one entity to another.

  • Excluded Transfer means any transfer of VRDP Shares (1) to a TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (2) in connection with a distribution in-kind to the holders of securities of or receipts representing an ownership interest in any TOB Trust in which BANA and/or its Affiliates collectively own all of the residual interests, (3) in connection with a repurchase financing transaction or (4) relating to a collateral pledge arrangement.

  • Non-Transfer Event means any event or other changes in circumstances other than a purported Transfer, including, without limitation, any change in the value of any Shares.

  • Share Transfer has the meaning given in Section 2.1 hereof;