Deferred Payment Balance definition

Deferred Payment Balance means any and all sums held in the Deferred Payment Escrow Account from time to time;
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Deferred Payment Balance means an amount equal to Ninety Million Six Hundred Eighty Five Thousand Three Hundred Eighty Four Dollars and 9/100 ($90,685,384.09), which amount includes all outstanding unpaid amount of principal, accrued and capitalized interest and expenses owing to Vendor as of the date hereof in connection with all forbearances made by Vendor to Purchaser under the Deferred Payment Agreement (reflecting all amounts owing by Purchaser to Vendor under the Equipment Agreements).
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Examples of Deferred Payment Balance in a sentence

  • Capitalized Interest Forbearances shall be available to Purchaser for (i) interest payments to Vendors on the Deferred Payment Balance Forbearance, (ii) interest payments on earlier Capitalized Interest Forbearances and (iii) paying the Commitment Fee set forth in SECTION 2.8(b).

  • Each Forbearance shall, in accordance with the terms of this Agreement, be in the form of either a Base Rate Forbearance or a LIBOR Forbearance; provided, however, that, notwithstanding anything to the contrary herein, the Deferred Payment Balance Forbearance shall bear interest at the 30 days LIBOR Rate until such time as another rate is requested pursuant to a Notice of Conversion/Continuation given in accordance with SECTION 2.6(c).

  • Subject to the terms and conditions, and subject to the limitations, herein set forth, Vendors agree, in accordance with this SECTION 2, to make a Forbearance in the full amount of the Deferred Payment Balance ("Deferred Payment Balance Forbearance") as of the date hereof, which amount shall be repaid in accordance with the terms and conditions set forth herein.

  • Purchaser acknowledges and agrees that as of the date hereof the Deferred Payment Balance is the amount of principal, accrued and capitalized interest and expenses Purchaser owes to Vendor in connection with forbearances made by Vendor to Purchaser under the Deferred Payment Agreement.

  • Purchaser shall have duly executed before a Chilean Notary Public and delivered to each Vendor its Paga▇▇ ▇▇ respect of the Deferred Payment Balance Forbearance.

Related to Deferred Payment Balance

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Current Balance in relation to a Loan at any relevant date, means the aggregate principal balance of the Loan at such date (but avoiding double counting) including the following:

  • Deferred payment agreement means an agreement in which no installment payments are required