Equipment Payment definition

Equipment Payment means the amount payable during the Interim Term pursuant to Section 7.1 of the Equipment Agreement, during the Basic Term pursuant to Section 7.2 of the Equipment Agreement, during each Renewal Term pursuant to Section 25.1 of the Equipment Agreement and during any holdover period pursuant to Section 6.3 of the Equipment Agreement, any Deficiency and any end of term rent adjustment payable in accordance with Section 26.2 of the Equipment Agreement.
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Equipment Payment has the meaning set out in Part (B) of this announcement “FEC” Firich Enterprises Co., Ltd, a company incorporated with limited liability in Taiwan and listed on the GreTai Securities Market in Taiwan
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Equipment Payment has the meaning provided in Section 1.6(b) of the Agreement.
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Examples of Equipment Payment in a sentence

  • References herein to “the Equipment”, “the Payment”, “the Schedule” or “the Agreement”, when also referring to a specific item of Equipment, Payment (as hereinafter defined), Schedule or Agreement, shall be deemed to refer to the applicable Agreement, the Payment due thereunder, the Schedule that is a part thereof and the Equipment financed thereunder, and vice versa, unless the context shall otherwise clearly require.

  • For purposes of this Lease, the term "Aggregate Fixed Charge Coverage Ratio" shall mean with respect to the twelve month period of time ending on the date of calculation, the ratio calculated for such period of time of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation in an amount equal to 4% of Aggregate Gross Sales, to (b) the sum of the Operating Lease Expense and the Equipment Payment Amount.

  • Equipment Payment The Equipment portion of the payment, less any Service, Supplies, and maintenance.

  • If Customer enters into a renewal term, then the Equipment Payment will be subject to the lease rates listed in the most recent Price List(s) posted on the NASPO ValuePoint website.

  • The Merchant covenants and undertakes not to sell, lease, charge, pledge or otherwise dispose or encumber the Equipment, Payment Client Software, Operation Guide and/or other materials provided by or on behalf of the Bank without the Bank’s express prior written consent.

  • For purposes of this Section, the term "Fixed Charge Coverage Ratio" shall mean with respect to each fiscal year, the ratio calculated for such fiscal year, each as determined in accordance with GAAP, of (a) the sum of Net Income, Depreciation and Amortization, Interest Expense and Operating Lease Expense, less a corporate overhead allocation (equal to the sum of 3% of Gross Sales and 3% of Gross Gas Profits), to (b) the sum of the Lender Payments, Operating Lease Expense and the Equipment Payment Amount.

  • Obligor shall pay to Corporate Obligee, upon demand, to the extent permitted by Applicable Law, interest on any installment of an Equipment Payment not paid when due, and on any Supplemental Payment or other amount payable under this Equipment Agreement which is not paid when due, for any period for which any of the same is overdue (without regard to any grace period) at a rate equal to the lesser of (a) the Overdue Rate and (b) the maximum rate of interest permitted by law.

  • The Awarded Vendor(s) should divide the 36 month cumulative Equipment Payment by 24 months to arrive at the monthly Coterminous payment for that Accessory.

  • For each of the first [***] ([***]) Third Party collaborations 4DMT enters into after the Effective Date, 4DMT shall reimburse uniQure for a pro rata portion of the Equipment Payment based on the following formula: [***].

  • Notwithstanding the above, for purposes of this Agreement, excluded from the Companies Combined Net Working Capital shall be the following items: (1) except for the effect of the Owed Contribution as described in Section 1(h)(ii), TMI, (2) the Equipment Payment, as defined in Section 3(c), (3) any state and federal income tax liability, and (4) the Consumers Power Liability and the Pittston Liability, both as defined in Section 3(c)(iv)(B).

Related to Equipment Payment

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Delta Payment means as it is described in this Agreement.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.