Estimated Payment Amount definition

Estimated Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits, minus (y) the Estimated Purchase Price, each as set forth on the Draft Closing Statement as reasonably agreed upon prior to Closing between Seller and Purchaser. For avoidance of doubt, the Estimated Payment Amount may be a negative amount.
Estimated Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits assumed by Purchaser pursuant to Section 2.2, minus (y) the Purchase Price, each as set forth on the Draft Closing Statement as reasonably agreed upon prior to the Closing by Seller and Purchaser.
Estimated Payment Amount shall have the meaning specified in Section 3.2.

Examples of Estimated Payment Amount in a sentence

  • Items of proration will be handled as an adjustment to the Purchase Price and not as adjustments to the Estimated Payment Amount, unless otherwise agreed by the parties hereto.

  • Due the exception condition was defined as constraints in the functional requirement metamodel (figure 1), this auxiliary function builds a string from a set of Constraint elements.The second element is an action describing the additional behavior if any (as it has been seen in the functional requirement metamodel, an action attribute for exceptionalsteps is not mandatory).

  • On or prior to the Closing Date, Purchaser shall evidence its acceptance of the Draft Closing Statement for purposes of calculating and payment of the Estimated Payment Amount (as defined in Section 4.3 below) by countersigning the Draft Closing Statement.

  • Lizano (CIGEFI) implemented the coastal wave model using current an future hurricane climate scenarios for the Eastern Tropical Pacific coast.

  • If the Estimated Payment Amount is negative, then Purchaser shall deliver such amount to Citrus, or such other party as Sellers may designate, in accordance with the procedures set forth herein.


More Definitions of Estimated Payment Amount

Estimated Payment Amount. As of each Determination Date, an amount (to be calculated by the Servicer in good faith in its reasonable judgment) equal to the sum of the following: (a) the Interest, (b) the Program Fee, (c) the Facility Fee, (d) the Servicing Fee, (e) the Backup Servicer Fee, and (f) the Trustee Fee, each as estimated by the Servicer to be due and payable on the next succeeding Payment Date; provided, however, notwithstanding the foregoing, in no event without the prior written approval of the Agent shall the Estimated Payment Amount be less than the product of (i) 1.1 and (ii) the sum of the Interest, the Program Fee, the Facility Fee, the Servicing Fee, the Backup Servicer Fee and the Trustee Fee actually due and payable on the Payment Date with respect to the preceding Collection Period.
Estimated Payment Amount has the meaning set forth in Section 2.2(b) of this Agreement.
Estimated Payment Amount means the amount in cash equal to (i) $57,000,000 plus (ii) the Estimated Cash Amount (or minus the Estimated Cash Amount if such amount is negative), minus (iii) the Estimated Indebtedness Amount, minus (iv) the Stay Incentive Amount, minus (v) the Labotec Amount, minus (vi) the Swap Amount, minus (vii) the Estimated Working Capital Adjustment Amount.
Estimated Payment Amount shall have the meaning set forth in Section 3.1(b). “Estimated Purchase Price” shall mean the Purchase Price as of the close of business on the date that is eight Business Days prior to the Closing Date.
Estimated Payment Amount means the amount by which the aggregate balance (including Accrued Interest) of the Deposit Liabilities as of the last day of the calendar month immediately preceding the Closing Date exceeds the Asset Price as of last day of the calendar month immediately preceding the Closing Date.
Estimated Payment Amount has the meaning set forth in Section 3.2.
Estimated Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits assumed by Purchaser pursuant to Section 2.2, minus (y) the Purchase Price, each as set forth on the Draft Closing Statement as reasonably agreed upon prior to the Closing by Seller and Purchaser. “Excluded Assets” has the meaning set forth in Section 2.1(b). “Excluded Branch” has the meaning set forth in Section 3.8. “Excluded Deposits” means (w) those deposit liabilities that are or would be considered “brokered deposits” for purposes of the rules and regulations of the FDIC, any of which, as of the date hereof, are listed on Exhibit 1.1(c)(i), (x) Escheat Deposits, (y) those deposit liabilities (i) related to a financial advisory relationship with Seller’s Xxxxxxx Xxxxx Wealth Management or US Trust divisions, (ii) related to a client managed relationship in Seller’s Business Banking, Middle Market, or Large Corporate divisions