Bank Final Payment definition
Bank Final Payment means an amount equal to the lower of:
Examples of Bank Final Payment in a sentence
If so, subject to Clause 6.7, NWPTL will calculate the Bank Final Payment by reference to the Final Test Date within 60 Business Days of the signing of the Annual Accounts applicable to the Final Test Date (or, if later, the date on which the Bank Final Trigger calculation is determined).
If so, NWPTL will calculate the Bank Final Payment by reference to the Final Test Date, but accounting for the NWPTL Final Payment as if it had already been made.