Reduction Amount definition

Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

Reduction Amount means the amount by which a Reducing Percentage Lender’s outstanding Loans decrease as of any Commitment Increase Effective Date (without regard to the effect of any borrowings made on such Commitment Increase Effective Date after giving effect to the Commitment Increase occurring on such Commitment Increase Effective Date).

Reduction Amount has the meaning specified in Section 2.06(b)(v).

Examples of Reduction Amount in a sentence

• If the Economic Benefit is realized on or before the Commercial Operation Date, then the Total Compensation Amount shall be reduced automatically by the Reduction Amount with immediate effect.

• In the event that the Reduction Amount is greater than the sum of the remaining Annual Post- Commercial Operation Payments, Owner shall pay CHGE the amount of such excess within thirty (30) Calendar Days of providing the Notice to CHGE required under Section 3.6(b)(ii).

• If Owner fails to provide such Notice within the seven (7) Business Days period, the Reduction Amount shall be increased by applying the Default Interest Rate to the Reduction Amount for each Calendar Day after the end of the seven (7) Business Days period and before the Calendar Day Owner provides the notice.

• If the Economic Benefit is realized after the Commercial Operation Date, then the remaining Annual Post-Commercial Operation Payments shall be reduced by applying the Reduction Amount to each payment in the order of their respective due dates.

More Definitions of Reduction Amount

Reduction Amount has the meaning set forth in Section 2.04(b)(vi).

Reduction Amount. As defined in Section 4.01(b).

Reduction Amount means the amount by which a Reducing Percentage Lender’s outstanding Loans decrease as of a Commitment Increase Effective Date (without regard to the effect of any borrowings made on such Commitment Increase Effective Date after giving effect to the Commitment Increase).

Reduction Amount has the meaning set forth in the definition of “Cumulative Credit.”

Reduction Amount has the meaning set forth in the definition of “Triggering Sale”.

Reduction Amount shall have the meaning set forth in Section 5.1(f).

Reduction Amount means, in relation to any Reduction Event, the largest integral multiple of $1,000,000 that does not exceed the amount of the related Net Cash Proceeds.