B&W Payment definition

B&W Payment means any payment made by the Trustee in respect of any B&W Shortfall.
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Examples of B&W Payment in a sentence

  • If, as of any Calculation Date, the B&W Shortfall has not been cured by the payment of the B&W Shortfall to B&W, the Trustee shall make a B&W Payment to B&W on the related Payment Date in the amount of such shortfall, provided that, if the Trustee has not received written notice, at least two Business Days prior to any Payment Date, of the existence and amount of a B&W Shortfall, no B&W Payment shall be made.

  • Where the Authority pays a D Payment, a BA Payment, or a BW Payment to the Contractor under this clause 7.2 in respect of training attended by a Driver, Bus aide or Bus Warden, the Contractor must pay the amount of that payment to the Driver, Bus Aide or Bus Warden (as the case may be).

Related to B&W Payment

  • Escrow Payment Any payment received by the Master Servicer or the Special Servicer for the account of any Mortgagor for application toward the payment of real estate taxes, assessments, insurance premiums, ground lease rents and similar items in respect of the related Mortgaged Property, including amounts for deposit to any reserve account.

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

  • Escrow Payments With respect to any Mortgage Loan, the amounts constituting ground rents, taxes, assessments, water rates, sewer rents, municipal charges, mortgage insurance premiums, fire and hazard insurance premiums, condominium charges, and any other payments required to be escrowed by the Mortgagor with the mortgagee pursuant to the Mortgage or any other document.

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.