Excess Revenue Payment definition

Excess Revenue Payment is defined in Section 53.
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Excess Revenue Payment means, with respect to any Quarterly Payment Date, ---------------------- the excess of (i) the Excess Revenue Amount as of the close of business on the last day of the Applicable Quarterly Period over (ii) the cumulative amount of all Excess Revenue Payments theretofore distributed, or which would have been distributed but for the effect of the Quarterly Payment Cap, on all prior Quarterly Payment Dates.
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Examples of Excess Revenue Payment in a sentence

  • Fixed Ground Rent will be payable by the Stadium Authority to the City and will not be reduced by any payment of Performance-Based Rent or any SA Excess Revenue Payment as described below.

  • As additional consideration for the sale and transfer of the Acquired Assets, following the Closing, (i) for each Post-Closing Period, the Buyer shall make the applicable Additional Purchase Price Payment, if any, in respect of such Post-Closing Period and (ii) for each of the Second Post-Closing Period and the Third Post-Closing Period, the Buyer shall make the Applicable Excess Revenue Payment, if any, in respect of such Post-Closing Period.

  • Sava shall pay any Excess Revenue Payment in accordance with Paragraph 1.b.iii within 30 calendar days after the completion of Sava’s annual audited financial statements.

  • On the same date Sava pays any Excess Revenue Payment, Sava shall submit to the United States its annual audited financial statements, calculation of the Excess Revenue Payment as shown on Exhibit B, and all documents and information reasonably necessary to determine the accuracy of the Adjusted Net Revenue and Adjusted Threshold calculations.