Deducted Amounts definition
Examples of Deducted Amounts in a sentence
Every 180 days from the date hereof, the parties shall agree in writing as to which amounts shall be excluded from the Deducted Amounts.
As part of the reconciliation of Service Level Credits and Service Level Credit Recovery pursuant to Exhibit 2, all non-recoverable Service Level Credits shall be credited by Service Provider against the sum of the Deducted Amounts subtracted from those Designated Fees payable in the month immediately preceding the month in which such reconciliation occurs.
Promptly after the Effective Time (but not later than five (5) Business Days after the date on which the Effective Time occurs), the Paying Agent, on behalf of the Surviving Corporation, shall pay to the Option Holders out of the Deducted Amounts contributed to the Merger Fund, the cash payments specified in this Section 2.11(a), which cash payments shall be specifically set forth on a schedule prepared by the Company and delivered to the Purchaser and the Paying Agent at the Closing.
The remaining amount owed TXU for the Assets purchased pursuant to Section 3.13 shall be credited against the Deducted Amounts for January 2005.
Any unused non-recoverable Service Level Credits shall be carried forward by Service Provider and credited against future Deducted Amounts as provided in this subsection.