Extension Payments definition

Extension Payments has the meaning given to it in Section 5.3;
Sample 1Sample 2Sample 3
Extension Payments shall have the meaning provided in Section 4.2 hereof. “Facility” means the renewable power plant developed, constructed and operated pursuant to this Agreement and all equipment used to produce the electric energy generated at such renewable power plant and being sold under this Agreement, including but not limited to, all generating equipment, isolation transformers, buildings, and other facilities necessary to connect to the Delivery Point and produce the Net Energy being sold under this Agreement, and all equipment that is owned or controlled by Seller required for parallel operation with the Transmission System.
Sample 1Sample 2
Extension Payments shall have the meaning ascribed in Section 3.7.
Sample 1

Examples of Extension Payments in a sentence

  • Extension Payments may not be credited against any other obligation Volkswagen has 17under this Order.1819 BB.

  • The Extension Payments would end when the Vehicle is able to begin operations.

  • Should the Vehicle be unable to begin operations within the 24 months for reasons other than (i) a force majeure event or by (ii) inaction or event caused or contributed to by Mazarin, which delay the beginning of mining operations, GRAPH-TECH shall recommence Extension Payments to Mazarin.

  • Refunds of Extension Payments or adjustments to contracts may be made if the actual cost of the project is significantly less than the estimated cost.

  • The Extension Payments will recommence as if the Development Decision and the time period in between had not occurred.

  • All parents are expected to open, at no expense, a Digital Academy account that will permit access to private grades.

  • Immediately upon GRAPH-TECH making a Development Decision, the Extension Payments to Mazarin shall cease and the Vehicle shall initiate reasonable efforts to begin mining operations within 24 months.

  • If, prior to the Closing, action is initiated or threatened to take any of the Developer Parcel by eminent domain proceedings or by deed in lieu thereof, Developer may either (a) terminate this Agreement and recover the Xxxxxxx Money, including any Extension Payments.

  • For Extension Payments $5,000.00 or greater, the sharing option will be available for a ten (10) year period.

  • Extension Payments, if any, will be in addition to, and cannot be used to offset, any other amount owed to Class Members by Volkswagen.


More Definitions of Extension Payments

Extension Payments shall have the meaning provided in Section 4.2 hereof.
Sample 1
Extension Payments shall have the meaning provided in Section 4.2 hereof. “Extraordinary Event Period” shall have the meaning provided in Section 11.10 hereof. ELECTRONICALLY FILED - 2019 September 20 5:06 PM - SCPSC - Docket # 2019-184-E - Page 8 of 66
Sample 1
Extension Payments shall have the meaning set forth in SECTION 8.21.
Sample 1
Extension Payments under and as defined in section 8.21(b) of the Levixx Xxxordinated Agreement, (e) make a payment in an amount not to exceed $3,000,000 to fund the escrow account provided for in section 5(a) of the Levixx Xxxe or in section 8.21 of the Levixx Subordinated Agreement, provided, that such escrow funds shall not be paid over to Levixx xxxor to payment in full of all obligations of the Company to the Lenders under this Agreement, (f) make scheduled (but not accelerated) payments in an aggregate amount not to exceed $275,000 to pay the "consulting fee" referred to in section 1.4 of the Investor Rights Agreement, together with payments to reimburse Levixx xxx reasonable out-of-pocket expenses incurred in connection with Levixx'x representative serving on the Company's Board of Directors or any committee thereof, (g) make payments of fees and expenses payable pursuant to section 12.15 of the Levixx Xxxordinated Agreement or section 14 of the Levixx Xxxe and (h) make payments (not to exceed $700,000) of the "closing fee" under section 6.8 of the Levixx Subordinated Agreement. Notwithstanding anything to the contrary in the Levixx Subordinated Debt Documents, the Company agrees that, except as expressly set forth above, it will not at any time make any payment of any kind or nature (or set aside any sums therefor), in respect of the Levixx Xxxordinated Debt. For the avoidance of doubt, the Company shall not make any voluntary or involuntary prepayments of the Indebtedness under the Levixx Xxxordinated Documents except (i) from proceeds of the key man life insurance policy in accordance with clause (c) above and the other provisions of this subsection 6.5, and (ii) simultaneously with the final repayment in full in cash of all obligations of the Company to the Lenders under the Loan Agreement and the other Loan Documents, with proceeds of loans under the New Senior Credit Facility (as such term is defined in the Levixx Xxxordinated Agreement)." The provisions of this subsection 6.5 are solely for the purpose of defining the relative rights of the Agent and the Lenders on the one hand, and the holders of Subordinated Debt on the other hand, and none of such provisions shall impair, as between the Company and any holder of the Subordinated Debt, the obligations of the Company, which are unconditional and absolute, to pay to such holder all of the Subordinated Debt in accordance with the terms thereof, subject in each instance to the rights of the Agent
Sample 1
Extension Payments means the payment of $112,500 made by the Contributor into the Trust Account on August 15, 2023 and any additional payment to be made by the Contributor on or prior to September 15, 2023, or any later applicable termination date if JGGC, if requested by the Sponsor, without another shareholder vote, elects to extend the termination date on a monthly basis for up to three times by an additional one month each time after September 15, 2023, by resolution of JGGC’s board, if requested by the Sponsor and upon five days’ advance notice prior to the applicable termination date, until December 15, 2023, in the amount of the lesser of (i) $0.0225 per Class A Ordinary Share that remains outstanding and is not redeemed prior to September 15, 2023 or any such following one-month extension until December 15, 2023 or (ii) an aggregate of $112,500, for each month of the extension period up to and until December 15, 2023, pro-rated for partial months during the extension period, resulting in a maximum contribution of $450,000.
Sample 1
Extension Payments means the payments described in Section 3.6.
Sample 1

Related to Extension Payments

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

  • Swap Termination Payments shall have the meaning set forth in each Swap Agreement.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including the principal component of payments due on Capital Leases during the applicable period ending on the date of determination).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • 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.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Additional Amount Payment means a payment to a Holder of MuniFund Term Preferred Shares of an amount which, when taken together with the aggregate amount of Taxable Allocations made to such Holder to which such Additional Amount Payment relates, would cause such Holder’s dividends in dollars (after federal income tax consequences) from the aggregate of such Taxable Allocations and the related Additional Amount Payment to be equal to the dollar amount of the dividends that would have been received by such Holder if the amount of such aggregate Taxable Allocations would have been excludable (for federal income tax purposes) from the gross income of such Holder. Such Additional Amount Payment shall be calculated (i) without A-1 consideration being given to the time value of money; (ii) assuming that no Holder of MuniFund Term Preferred Shares is subject to the federal alternative minimum tax with respect to dividends received from the Fund; and (iii) assuming that each Taxable Allocation and each Additional Amount Payment (except to the extent such Additional Amount Payment is designated as an exempt-interest dividend under Section 852(b)(5) of the Code) would be taxable in the hands of each Holder of MuniFund Term Preferred Shares at the maximum marginal regular federal individual income tax rate applicable to ordinary income or net capital gains, as applicable, or the maximum marginal regular federal corporate income tax rate applicable to ordinary income or net capital gains, as applicable, whichever is greater, in effect at the time such Additional Amount Payment is paid.

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

  • Interest Accrual Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), (a) the product of (i) 1/12th of the Class A Pass-Through Rate for such Class and (ii) the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (b) the Class A Interest Percentage of such Class of (i) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (ii) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates with respect to such Distribution Date pursuant to Section 4.02(e) and (iii) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates on or after the Cross-Over Date pursuant to Section 4.02(e). The Class A-PO Certificates have no Interest Accrual Amount. As to any Distribution Date and any Class of Class B Certificates, an amount equal to (i) the product of 1/12th of the Class B Pass-Through Rate and the Principal Balance of such Class as of the Determination Date preceding such Distribution Date minus (ii) the Class B Interest Percentage of such Class of (x) any Non-Supported Interest Shortfall allocated to the Class B Certificates with respect to such Distribution Date and (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class B Certificates with respect to such Distribution Date pursuant to Section 4.02(e).