Termination Payment definition

Termination Payment has the meaning set forth in Section 6.03.
Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;
Termination Payment is defined in Section 5.3.

Examples of Termination Payment in a sentence

  • Such single FPCSC Termination Payment will be payable within five (5) Business Days by the Party owing such amount to the other.


More Definitions of Termination Payment

Termination Payment shall have the meaning set forth in Section 9.3(b) hereof.
Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.
Termination Payment. The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).
Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount or Damage Payment Amount, as applicable, and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.
Termination Payment as follows:
Termination Payment has the meaning specified in Section 15.2(b).
Termination Payment means the payment described in Section 13 herein;