Asset Payment definition

Asset Payment means any sum due or paid (whether or not such sum was actually due) under the Asset Conditions.
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Asset Payment means the scheduled monthly principal and/or interest payment on an Asset for any month, and any other payment due from a Borrower pursuant to the Asset Documents, as such payments may have been reduced by any Deficient Valuation.
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Asset Payment means a payment made to a Developer or Self Lay Provider (SLP) for providing a self-laid water main under the terms of a self-lay agreement4. It contributes towards the cost of the self-laid main in a similar manner that the income offset contributes to the cost of a main we are asked to install.
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Examples of Asset Payment in a sentence

  • Use of proceeds: The gross proceeds received in the Offering will be applied in the following order of priority of payment:• Placement Agent Fee: Payment of a placement agent fee, if any;• Cost of the Underlying Asset: Payment of the Purchase Price of the Underlying Asset to the Asset Seller.

  • The information provided to the SLP should include:  confirmation of how the site is to be supplied/points of connection; and,  details of any required off-site works; and  indicative costs; and  indicative Asset Payment value  validity period.

  • Therefore all on-site costs, off-site costs and the Asset Payment value are indicative only, particularly where one or more of the situations in section 2.3.5 exist.

  • The self-lay delivery procedural stages are: • Point of Connection Enquiry; • Application and Terms Issue (including Design); • Terms Acceptance; • Mains Construction; • Mains Vesting and Asset Payment Processing; and • Service Pipe Installation Each of these phases is described more fully in Sections 2.2 to 2.8. Details of the Water Company service level standards for self-lay activities can be found in Appendix 1.

  • As part of a previous Asset Payment to an SLPIncome offsets will only be offset against infrastructure charges where the individual plot connection is made on or after the 1 April 2020.

  • This should include details of how the Income Offset has been calculated and whether costs are separately payable or worked through the Asset Payment calculation.

  • All income related to the asset or associated with the investment will be sent directly to NuView IRA in accordance with the Asset Payment Instructions on page 3 in a timely manner for credit to the appropriate NuView IRA account.

  • Asset Payment Shortfall Event: Applicable provided that, for the purposes of such event, "Charged Assets" shall not include the Swap Agreement.

  • This document should set out their charges, Income Offsets and Asset Payment arrangements, or the methodologies for calculating them.

  • Terms offers will provide SLPs with a schedule of all costs and full details about how the estimated Asset Payment has been determined.


More Definitions of Asset Payment

Asset Payment means, with respect to each Asset, all amounts received by a Series SPV through such Asset, and not reversed through the ACH System or as a result of a failed wire transfer or by virtue of checks returned unpaid due to insufficient funds or for other reasons, in connection with the repayment of such Asset, including without limitation, all payments or prepayments of principal and interest, any Additional Amount, any late fees and any amounts received by such Series SPV upon collection efforts; provided, however, that for the avoidance of doubt an Asset Payment shall not include any Additional Amount paid in respect of such Asset to a Series SPV (or any Affiliate thereof) unless the Security with respect to such series otherwise provides that such Additional Amount is applicable.
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Asset Payment has the meaning set forth in the recitals.
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Asset Payment means an equivalent payment to the one described in section 6.2.3(b) of the Charging Arrangements.
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Asset Payment means, with respect to each Asset, all amounts received by a Series SPV through a Direct Loan, an Assignment or a Participation, and not reversed through the ACH System or as a result of a failed wire transfer or by virtue of checks returned unpaid due to insufficient funds or for other reasons, in connection with the repayment of such Asset, including without limitation, all payments or prepayments of principal and interest, and any amounts received by such Series SPV upon collection efforts; provided, however, that for the avoidance of doubt an Asset Payment shall not include any origination fee or exit fee paid by a borrower to a Series SPV unless the applicable Security provides otherwise.
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Related to Asset Payment

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Delta Payment means as it is described in this Agreement.

  • Debit Payment means a particular transaction where a debit is made.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Payment Amount has the meaning specified in Section 6.1.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Optimal Interest Remittance Amount With respect to any Distribution Date, an amount equal to the excess of (i) the product of (1) (x) the weighted average Net Mortgage Rate of the Group 1 Mortgage Loans as of the first day of the related Collection Period divided by (y) 12 and (2) the Aggregate Loan Group Balance for the immediately preceding Distribution Date, over (ii) any expenses that reduce the Interest Remittance Amount which did not arise as a result of a default or delinquency of the Group 1 Mortgage Loans or were not taken into account in computing the Expense Fee Rate.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Redemption Payment Date As defined in Section 13.1.

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • 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.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Contract Adjustment Payments means the payments payable by the Company on the Payment Dates in respect of each Purchase Contract, at a rate per year of [ ]% of the Stated Amount per Purchase Contract.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Seller Remittance Amount With respect to each Servicer, the meaning assigned to such term in the related Servicing Agreement.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.