Collectible Amount definition

Collectible Amount means an amount equal to the aggregate payments received by the Company from time to time with respect to or arising out of or in connection with any agreements, contracts or understandings related to the following projects, including, without limitation, any claims of the Company against any party to such agreements, contracts or understandings (the "Claims"): (a) LAX Airfield Signage and Lighting Agreement - Phase 2; (b) Sunnyside Yard SFC Station Contract No. 8-295-41840; and (c) Turnkey Agreement for the Brooklyn Navy Yard Cogeneration Project by and between Brooklyn Navy Yard Cogeneration Partners, L.P. and PMNC, a joint venture, in connection with the projects known as the Los Angeles International Airport Project and the Sunnyside Yard Converter Station Project and the Company's investment in the Brooklyn Navy Yard Cogeneration Joint Venture, respectively (collectively, the "Projects").
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Examples of Collectible Amount in a sentence

  • Provider shall promptly provide Purchaser with supporting documentation as to Provider's calculation of the Net Collectible Amount of any Account upon Purchaser's request.

  • The Net Collectible Amount of a Purchased Account is the amount reasonably expected by the Purchaser, in consultation with the Provider, to be collected on such Purchased Account from Third Party Obligors (excluding any amount to be collected from Patient Obligors) and is based on actual collection experience and other relevant factors.

  • For purposes of determining the Net Collectible Amount with respect to each batch of Accounts to be purchased pursuant to this Agreement, the gross amounts billed to the applicable Third Party Obligors will be adjusted based on a percentage of 80%, provided, however, that the Purchaser shall have the right at any time and from time to time to reasonably make such adjustments on a prospective basis based on any change in the expected Net Collectible Amount evaluation criteria.

  • The Purchaser and WBS LLC shall be entitled to retain, without compensation to the Sellers, any Recovered Amount with respect to any Relevant Account Receivable that is less than the GTTA Estimated Collectible Amount for such Relevant Account Receivable.

  • Effective January 1, 2000, the Seller shall pay to the Buyer the sum equal to (i) the Estimated Collectible Amount of A/R purchased by the Buyer as provided in Section 1.3(d) hereof plus (ii) eight percent (8%) of the aged balance of such A/R that has not been collected by the Buyer on or before December 31, 1999 minus (iii) the amount of such A/R that has been collected by the Buyer on or before December 31, 1999.