Put Payment definition

Put Payment means with respect to any Contract or Underlying Contract constituting a lease, the payment, if any, required to be made by the Obligor under the terms of such lease in connection with the required purchase by such Obligor or Underlying Obligor of the related Equipment or Underlying Equipment at the end of the term of such lease.

Put Payment means the amount payable to a Warrant Holder upon exercise of its Put Rights under Clause 6.3 (Purchase of Warrants) and to be determined in accordance with the provisions in Schedule 7 (Put Payment).

Put Payment means, with respect to any Contract, the payment made pursuant to a provision in such Contract obligating the Customer to purchase the related Equipment upon termination.

Examples of Put Payment in a sentence

• First payment will be due at the successful Closing of the first Put ("Payment Date" or "Payment Dates"), and all subsequent payments will be made at the Closing of every Put thereafter, until this Note is paid in full.

• The Corporation shall promptly mail to each holder of Preferred Shares to be redeemed the Put Payment for such Preferred Shares.

• If the Company indicates in the Company Notice that it will pay the Put Payment Price with cash that the Company has on hand, then the Company must indicate how those funds were raised and when it will pay the Put Payment Price.

• DLP shall continue to receive its quarterly compensation payments pursuant to Paragraph 11 of the Agreement on such Comparable Project until the Put Payment is made with respect to such Comparable Project.

• Commencing on December 31, 2004, and prior to the Expiration Date, the Holder shall have the right, exercised by the delivery of written notice to the Company (a "Put Notice"), to require the Company to cancel the unexercised portion of this Warrant, and all related rights in exchange for a cash payment (the "Put Payment") equal to $0.3525 per share payable to the Holder within ten (10) days of receipt by the Company of the Put Notice and the original Warrant for cancellation.

More Definitions of Put Payment

Put Payment has the meaning set forth in Section 6.08(b).

Put Payment has the meaning ascribed to such term in Section 2.3.

Put Payment means the payment provided for in Section 1.3.1 of the Amendment Agreement upon the exercise by Buyer of its put option.

Put Payment means any payments made to holders of any Put Option.

Put Payment under Section 7.8 and "Satellite Failure Payment" under Section 7.9, as the case may be, mean and shall be calculated as follows:

Put Payment has the meaning provided in Section 2.1(e).

Put Payment means an amount equal to the face value plus any accrued and unpaid dividends (including PIK Dividends) on the Parent Preferred Stock (after all adjustments provided for in Section 2.3(a)(ii)(B) or Section 2.3(a)(i)(E), as the case may be, have been made).