Restricted Junior Payment

Example Definitions of "Restricted Junior Payment"
Restricted Junior Payment. Means (i) any dividend or other distribution, direct or indirect, on account of any shares of any class of capital stock of Finance Subsidiary now or hereafter outstanding, except a dividend payable solely in shares of that class of stock or in any junior class of stock of Finance Subsidiary, (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition ... for value, direct or indirect, of any shares of any class of capital stock of Finance Subsidiary now or hereafter outstanding, (iii) any payment or prepayment of principal of, premium, if any, or interest, fees or other charges on or with respect to, and any redemption, purchase, retirement, defeasance, sinking fund or similar payment and any claim for rescission with respect to the Capital Note and Intercompany Note (each as defined in the Receivables Sale Agreement), (iv) any payment made to redeem, purchase, repurchase or retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of capital stock of Finance Subsidiary now or hereafter outstanding, and (v) any payment of management fees by Finance Subsidiary (except for reasonable management fees to Affinia Group or any Seller or any Affiliate thereof in reimbursement of actual management services performed). View More Arrow
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