Annual Payments definition

Annual Payments means the payments made by the City under this Support Agreement as set forth in Section 4.1(a), which such payments are equal to one-half of the payments of principal and interest due on the Bond in each Fiscal Year.
Annual Payments has the meaning set forth in Section 7.1(A).
Annual Payments means those payments included in the Purchase Price and described at Section 1.1 p (iii) in the annual amount of Two Million Five Hundred Thousand Canadian Dollars (Cdn. $2,500,000), pro-rated for partial years.

Examples of Annual Payments in a sentence

  • The Settling Distributors shall make eighteen (18) Annual Payments, each comprised of base and incentive payments as provided in this Section IV, as well as fifty percent (50%) of the amount of any Settlement Fund Administrator costs and fees that exceed the available interest accrued in the Settlement Fund as provided in Section V.C.5, and as determined by the Settlement Fund Administrator as set forth in this Agreement.

  • The offset shall be applied in equal installments to reduce the Annual Payments for Payment Years 3 through 7 that would be apportioned to that State and to its Subdivisions, and shall remain applicable even if that State subsequently becomes eligible for Incentive Payment A.

  • The interest-bearing fund established pursuant to this Agreement into which the Annual Payments are made under Section IV.

  • If a Plaintiff Subdivision has already received a final award of Costs from the CA Subdivision Fund, it will repay the fund up to the prior award of Costs via a payment to the Settlement Fund Administrator or notify the Settlement Fund Administrator that its allocation from the next and subsequent Annual Payments should be reduced accordingly.

  • The first Annual Payment shall consist of incentive payments and subsequent Annual Payments shall each consist of base and incentive payments.


More Definitions of Annual Payments

Annual Payments means, with respect to any Material Contract, (x) the total amount of the payments expected to be paid or received, as applicable, under such Material Contract (y) divided by the total number of years of the term of such Material Contract.
Annual Payments means Wind Company's annual donations to the Fund, as calculated pursuant to this Agreement;
Annual Payments. $100 due annually to maintain the license; non-refundable and non- creditable to royalty payments.
Annual Payments means the payments due and payable by the Fund to the Authority during a Bond Year, as provided for and computed in accordance with the provisions of the 2003 Agreement;
Annual Payments means the aggregate of the amounts set forth in subclauses (1) through (5) of the preceding sentence. Notwithstanding that the Development Rights Fee may be characterized as prepayment of rent or ground rent under a Component Lease, such payment of the Development Rights Fee shall not constitute “rent” to be included in the definition of “Allocated Annual Payments”.
Annual Payments means the Annual Payments due and payable as provided for and computed in accordance with the provisions of the Financing Agreement (State Project), the provisions of the Financing Agreement (Voluntary Agency Project) and such provisions as shall be contained in any Other Agreement.
Annual Payments means the payments to be made by the Special Program Municipality pursuant to Section 4.1 hereof.