Daily Payment Amount definition

Daily Payment Amount. The result obtained by dividing the sum of all Seasonal Totals or Adjusted Seasonal Totals, as applicable, for all Source Zones in the applicable Season by the number of days in the applicable Season shall be the Daily Payment Amount of such Season. For avoidance of doubt, the Seasonal Total or Adjusted Seasonal Total used to calculate the Daily Payment Amount shall be based on the portion of the Contract Quantity that has been delivered. If applicable, throughout the Term of this Confirmation Agreement, Party A shall be responsible for scheduling, replacing, testing or updating the information associated with ZRCs which initiate from its MISO capacity obligation from registering with MISO such as EDR, DRR or LMR (as such terms are defined in the MISO Documents).
Daily Payment Amount means an amount equal to the sum of:
Daily Payment Amount means an amount of two hundred and fifty thousand dollars (US$250,000) in cash multiplied by each calendar day from (and including) 1 January 2022 to (and including) the Completion Date;

Examples of Daily Payment Amount in a sentence

  • Non-refundable liquidated damages will be assessed at the rate equal to four times the Daily Payment Amount as calculated above.In the event the contract completion date is extended, no additional payment will be made for CPM Progress Schedules for Non-compensable Delays.

  • If the contract completion date is extended due to a Compensable Delay than payment for maintaining and submitting additional CPM Progress Schedules, Weekly Status Reports, and weekly Look-Ahead Schedules shall be equal to the Daily Payment Amount as calculated above multiplied by the number of calendar days the contract is extended plus the Bi-weekly Payment Amount multiplied by the number of bi-weekly periods the contract is extended.

  • The amount of such calendar day non-payment will be the Daily Payment Amount as calculated above multiplied by the number of days there are deficiencies in compliance with the specification requirements.Non-refundable liquidated damages may be assessed for each subsequent calendar day or part thereof that a cited deficiency resulting in non-payment is not corrected or is permitted to recur.

  • Progress payments for this item will be calculated by multiplying the Daily Payment Amount by the calendar days in the estimate period, less any deductions for unsatisfactory CPM Progress Schedules, Time Impact Analysis, or Recovery Schedules.

  • We are grateful to Katrin Gasior, Chrysa Leventi, Michael Noble, Gemma Wright and Helen Barnes for sharing their harmonized version of SOUTHMOD models.

  • Where the Issuer determines it is unable to draw under the Daily Payment Amount Facility it shall be entitled to make payment of such Daily Payment Amount on the next following Repo Day.

  • Livermore Site and Livermore Valley sampling locations for rain, surface water, and drinking water, 2017.

  • If the contract completion date is extended due to a Compensable Delay than payment for maintaining and submitting additional CPM Progress Schedules shall be equal to the Daily Payment Amount as calculated above multiplied by the number of calendar days the contract is extended.

  • If the contract completion date is extended due to a CompensableDelay than payment for maintaining and submitting additional CPM Progress Schedules shall be equal to the Daily Payment Amount as calculated above multiplied by the number of calendar days the contract is extended.

  • The pro-forma net assets adjustments do not take account of the Daily Payment Amount nor Additional Consideration which may be receivable, given their uncertain nature.


More Definitions of Daily Payment Amount

Daily Payment Amount. For any Tranche, for any calendar day, the product of (i) the Number of Shares for such Tranche on such day and (ii) USD0.0043932 per Share.
Daily Payment Amount means an amount equal to five point five per cent (5.5%) per annum based on a 365 day year (accruing daily and compounding annually) on the Base Consideration for the period from (and excluding) the Locked Box Date to (and including) the Closing Date;

Related to Daily Payment Amount

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Payment Amount as defined in Section 3.5.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.