Mandatory Payment Date definition

Mandatory Payment Date means January 15, 2019 and the last Business Day of each June and December of each fiscal year of the Borrower thereafter.

Mandatory Payment Date means the earlier of (a) the day determined by the board of directors of Lender in the context of an IPO or the public filing of a registration statement in the United States, (b) the day determined by the board of directors of the Lender in the context of a Sale Transaction, (c) the day immediately prior to the occurrence of a Borrower Insolvency Event, or (d) the day immediately prior to the occurrence of an Event of Default

Mandatory Payment Date means, with respect to any Participant, the Mandatory Payment Date established for such Participant under the Supplemental Plan.

Examples of Mandatory Payment Date in a sentence

• Notwithstanding the foregoing, if applicable law requires Buyer to pay Seller on or before a date that is earlier than the Normal Payment Date (the “Mandatory Payment Date”), then Buyer will pay Seller on or before the Mandatory Payment Date but will be entitled, unless applicable law provides otherwise, to take an early payment reduction of 0.0333% of the gross invoice price for each day before the Normal Payment Date that it initiates payment.

• This warrant is subject to mandatory partial redemption and prepayment on each quarterly Mandatory Payment Date thereafter, to the extent of any such New Tax Revenue received and realized by the City from the Project (as defined in the Agreement) at a redemption price equal to the principal amount of the Warrant called for partial redemption and prepayment.

• All partial payments of principal on each Mandatory Payment Date shall be noted on a schedule attached to the Warrant and attested by the City Treasurer.

• The principal of the Warrant shall be payable at the office of the Treasurer of the City, City Hall, Graysville, Alabama, upon presentation of the Warrant on each Mandatory Payment Date or the Maturity Date.

• This warrant is subject to mandatory partial redemption and prepayment on each annual Mandatory Payment Date thereafter, to the extent of any such New Tax Exemptions received and realized by the City from the Project (as defined in the Agreement) at a redemption price equal to the principal amount of the Warrant called for partial redemption and prepayment.

More Definitions of Mandatory Payment Date

Mandatory Payment Date. As defined in Section 2.5(a) of the Credit Agreement.

Mandatory Payment Date shall have the meaning specified in Section 9.1(a).

Mandatory Payment Date means the earlier of:

Mandatory Payment Date means one specified date that shall be determined by the Committee for each Participant on the basis of the Participant’s Employment Classification, as set forth below:

Mandatory Payment Date means, with respect to any Amortizing Term Loan, the first Business Day of each January, April, July and October, commencing on the first Business Day of January, 2019.

Mandatory Payment Date has the meaning set forth in Section 6.

Mandatory Payment Date means January 15, 2019 and the last Business Day of each June and December of each fiscal year of the Borrower thereafter. “Net Debt Proceeds” means the cash proceeds received by the Borrower or any of its subsidiaries (net of all fees and expenses incurred in connection therewith, including, without limitation, attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, listing fees, discounts or commissions and brokerage, consultants and other customary fees and charges incurred in connection with such issuance or sale and net of Taxes paid or payable and reasonably estimated to be payable as a result of such issuance or sale) from the issuance or incurrence of (x) new debt securities (including hybrid securities or convertible debt securities) under (i) the Indenture, dated as of October 9, 2012, between the Borrower and The Bank of New York Mellon as the trustee thereunder, (ii) any other shelf registration statement of the Borrower or any of its subsidiaries filed with the Securities Exchange Commission after the date hereof or (iii) a private placement or (y) debt pursuant to any credit facility (with the commitments thereunder deemed to be fully drawn upon effectiveness), other than (i) the Syndicated Credit Facility, (ii) the Designated Bilateral Facilities, (iii) additional credit facilities in an aggregate amount not to exceed $8,000,000,000and (iv) any Excluded Debt Issuance. “Net Disposition Proceeds” means with respect to any Disposition, the cash proceeds (net of (i) selling costs and out-of-pocket expenses (including reasonable broker’s fees or commissions, legal fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, related search and recording charges, other customary expenses and brokerage, consultant and other customary fees actually incurred and paid to unaffiliated third parties in connection therewith and Taxes (including income taxes) in connection with such Disposition), (ii) amounts provided as a reserve in accordance with GAAP against any liabilities under any indemnification obligation or purchase price adjustment associated with such Disposition and (iii) cash escrows from the sale price for such Disposition) received by the Borrower or any of its subsidiaries; provided, that, with respect to any proceeds from a Disposition received by General Electric Capital Global Holdings, LLC (“GECGH”), such proceeds shall only constitute Net Disposition Proceeds to the extent of the porti...