Permitted Payments has the meaning specified in Section 7.06(b).
Permitted Payments has the meaning provided in Section 4.11(b).
Permitted Payments means payments by the Distributor to Qualified Recipients as permitted by this Plan.
Examples of Permitted Payments in a sentence
The Borrower shall not, directly or indirectly, declare or make any Distributions other than Permitted Payments and Distributions of any proceeds of Extraordinary Distributions (as defined in the P1 Common Terms Agreement) to reimburse the Pledgor.
More Definitions of Permitted Payments
Permitted Payments means any payments, distributions or transfers with respect to (i) any Permitted Indebtedness (in the case of Subordinated Indebtedness, to the extent permitted by the relevant subordination or intercreditor agreement) and (ii) any Permitted Distributions.
Permitted Payments is defined in Section 3.2(b).
Permitted Payments shall have the meaning assigned to such term in Section 7.1 hereof.
Permitted Payments. Second Lien Liabilities).
Permitted Payments shall have the meaning given in Section 3 below.
Permitted Payments means, with respect to the Subordinated Indebtedness, payment of (a) Equity Interests of the Parent in connection with the conversion of the outstanding principal of and accrued interest on the Subordinated Indebtedness into Equity Interests of the Parent pursuant to Section 4 of the Subordinated Note, (b) Restructuring Securities in connection with an Insolvency Proceeding and (c) PIK Payments.
Permitted Payments shall have the meaning set forth in Article IV of this Agreement.