Advance Payment Amount definition

Advance Payment Amount has the meaning set forth in Clause 6.2.1;
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Advance Payment Amount means in respect of any Interest Payment Date (or the Closing Date), an amount equal to:
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Advance Payment Amount is any amount deposited by the Factor into the Payment Account prior to the due date of the Transferred Receivables, which may never exceed the amount available for disbursement. With respect to each Debtor, the percentage at which advance payment is allowed is entered in the Factoring Agreement.
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Examples of Advance Payment Amount in a sentence

  • Subject to Clause 13.3.1, the Advance Payment Amount is non-refundable and is a non-transferable prepayment towards the Purchase Price for the Firm Order Commitment.

  • Main Roads must pay each Advance Payment Amount on the date for payment of that amount identified in the applicable cash flow forecast.

  • In the event that you repudiate this Lease before we pay the Supplier for the Equipment, we may keep the Advance Payment Amount and any Security Deposit instead of requiring you to pay us the Damages.

  • Should the Funds be insufficient for the Pioneer Plant Operations, the Supplier shall use the Advance Payment Amount as needed and in compliance with the provisions of the Secured Promissory Note.

  • In the event JKTG elects to pay the entire balance in advance, the amount owing will be reduced or "kicked down" and the total pay-off amount (hereafter the "Advance Payment Amount") will be equal to the Base Principal Amount (according to Table 1 below) less credit for the $300,000 paid on execution and credit for the principal portion for each monthly payment that has been made, plus any accrued but unpaid interest owing as of the date of payment.

  • The Supplier has the right to request written payment of the Advance Payment Amount for the relevant receivable by filling out and submitting to the Factor a form approved by the Factor - "Financing of transferred trade receivables".

  • A credit under the Advance Payment Amount will take into account a reasonable interest rate under the circumstances used for purposes of computing present value.

  • A credit under the Advance Payment Amount will not preclude an additional adjustment of the running royalty rate.

  • In this Offtake Supply Agreement, unless the context requires otherwise, all words beginning with initial capitals will have the following meaning: Advance Payment Amount The meaning ascribed to it in Recital M; Affiliate With respect to any person, any other person controlling, controlled by or under common control with the first person.

  • The specific amount of the Advance Payment Amount to be remitted in respect of the relevant receivable is determined at the discretion of the Factor within the maximum advance payment percentage specified in the relevant factoring agreement for the relevant debtor.


More Definitions of Advance Payment Amount

Advance Payment Amount shall have the meaning given to such term in the RIAA.
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Advance Payment Amount means in respect of any Interest Payment Date and the Closing Date, an amount, denominated in Euro, equal to:
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Related to Advance Payment Amount

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Payment Amount has the meaning specified in Section 6.1.