Examples of Indefeasibly Paid in a sentence
The provisions of this Section 12 shall survive any termination of this Agreement and remain in full force and effect for a period of 91 days after the Senior Debt has been Indefeasibly Paid and the Commitments have been terminated.
Notably, each of these metrics was so critical to our Company in 2019 that the Board approved a single performance level which had to be achieved to earn payment.
Answer: Currently, a credit to the Administration Fee is provided to approximate anticipated Rx Rebates with a subsequent quarterly settlements occurring to fully pass-thru all rebate dollars received.
Upon any such notice of resignation or any such removal, Requisite Lenders (or, after all Senior Obligations (other than contingent obligations) shall have been Indefeasibly Paid and all Senior Commitments cancelled, Requisite Class Lenders having Holdings Term Loan Exposure) shall have the 123 right, upon five Business Days' notice to Company, to appoint a successor Administrative Agent.
Notwithstanding the foregoing, except in connection with the payment of all Holdings Obligations on the Holdings Term Loan Maturity Date pursuant to and in accordance with the limitations in Section 8.2, no payment may be made to any Holdings Term Loan Lender pursuant to this Section 2.19 until all Senior Obligations (other than contingent obligations) shall have been Indefeasibly Paid in full and all Senior Commitments cancelled.