BWC Payment Amount definition

BWC Payment Amount means the amount, calculated as of the close of business on each date that the Company receives any BWC Post-Closing Collections, equal to the sum of (x) the BWC Tier 1 Payment, plus (y) the BWC Tier 2 Payment, plus (z) the BWC Tier 3 Payment, all in respect of the BWC Post-Closing Collections that the Company received that day. For purposes of clarity, an example calculation of the BWC Payment Amount is attached hereto as Exhibit F; in the event of any discrepancy between the terms set forth in this Agreement, on the one hand, and the methodology of the example calculation of the BWC Payment Amount set forth in Exhibit F, the latter will prevail.