Estimated Termination Amount definition

Estimated Termination Amount has the meaning specified in Section 19.2(b).
Estimated Termination Amount has the meaning specified in Section 20.2(b). “Estimated Yield” has the meaning specified in Section 8.3(a). “Event of Default” means an occurrence and continuation of any one or more of the events or circumstances described in Section 19.1. “Excess Inventory Level” has the meaning specified in Section 7.9. “Excess Quantity” has the meaning specified in Section 7.10(a). “Exchange Act” means the Securities Exchange Act of 1934. “Existing Financing Agreements” means the Financing Agreements listed on Schedule L. “Expiration Date” has the meaning specified in Section 3.1. “Facilities Operator Affiliates” means any Affiliate of Company that operates any Refinery Facilities, including, for avoidance of doubt, Calumet Montana pursuant to the Montana Renewables Services Agreement or such other agreements.

Examples of Estimated Termination Amount in a sentence

  • Any failure of the Company to pay, or cause to be paid, in full the Estimated Termination Amount by or before such time, shall be an automatic Event of Default under the Supply and Offtake Agreement, without the benefit of any grace period.

  • If Aron is able to provide such updated amount, that amount shall constitute the Estimated Termination Amount and shall be due and payable by no later than 5:00 p.m., CPT on the Business Day preceding the Termination Date.

  • To the extent reasonably practicable, Aron shall endeavor to update its calculation of the Estimated Termination Amount by no later than 12:00 noon CPT on the Business Day prior to the Termination Date.

  • Notwithstanding the third to last and the second to last sentences of Section 20.2(b) of the Supply and Offtake Agreement, respectively, the Estimated Termination Amount described in such section shall be due and payable by no later than 5:00 p.m. EST on the Termination Date.

  • In addition, on the Closing Date, Purchaser shall pay or cause to be paid to Seller an aggregate amount equal to the Estimated Operating Shortfall Amount plus the Estimated Termination Amount (collectively, with the Purchase Price, the “Closing Payment”).

  • Otherwise, the initial Estimated Termination Amount shall be the amount payable on the Termination Date.

  • If the Estimated Termination Amount is a positive number, it shall be due to Aron and if it is a negative number, the absolute value thereof shall be due to the Company.

Related to Estimated Termination Amount

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Severance Amount means:

  • Termination Price As defined in Section 9.01.

  • Retention Amount means, in relation to any Retention Date, such sum as shall be the aggregate of:

  • 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.

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Reverse Termination Fee has the meaning set forth in Section 7.02(b).

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • Accretion Termination Date As defined in the Series Supplement.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Termination Payment has the meaning set forth in Section 6.03.