Facilities Payment definition

Facilities Payment means the payment in the amount of $350,000 to Purchaser as inducement for Purchaser to establish its facilities for the ownership and operation of the Purchased Assets at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, Jersey City, New Jersey, 35th floor, in order to facilitate an orderly operational and physical separation and relocation of the Purchased Assets from Sellers’ existing facilities in the same building.
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Facilities Payment means each payment, other than payment in respect of Purchase Price, required to be paid by the Company with respect to the Bonds, including the principal of, redemption premium, if any, and interest on the Bonds, and all fees and expenses of the Trustee and the Paying Agent, together with any other payments required by the Bond Resolution, the Facilities Agreement or this Indenture.
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Examples of Facilities Payment in a sentence

  • The Interconnection Facilities Payment is provided in Section 17 of this Attachment 2.

  • The Interconnection Facilities Payment is provided in Section 17 of this Appendix A.

  • The Interconnection Facilities Payment is provided in Section 16 of this Appendix A.

  • The Customer-Financed Interconnection Facilities Payment is provided in Section 17 of this Appendix A.

  • For any year following the Base Payment Period in which this Agreement shall continue to be in effect, each Party agrees to adjust its annual Shared Facilities Payment in accordance with the formula set forth below.

  • The District has appropriated an amount of State Aid Revenues necessary to fund the District’s Aggregate Facilities Payment Obligations and Annual Payments on MBBA 2022 Refunding Bonds for Fiscal Year ending June 30, 20__.

  • Upon receipt of such JCFA Facilities Payment Request, the City shall review the request and if determined to be an item eligible to be paid from the proceeds of the Bonds direct the Fiscal Agent to wire transfer (or pay in another mutually acceptable manner) to the payee identified in such JCFA Facilities Payment Request such requested funds to the extent of funds on deposit in the Improvement Fund or Special Fund designated by Owner.

  • The Temporary Facilities Payment shall be paid by Lessee to Lessor within sixty (60) calendar days after the completion of the installation of the Temporary Facilities.

  • The Interconnection Facilities Payment is provided in Section 11 of this Attachment 2.

  • Any Subsequent Survey Payments in Section 2, Monitoring Facilities Payment in Section 3 or Crop Loss Payment in Section 4 below (as applicable) will for the avoidance of doubt be paid to the leaseholder(s) or current occupier(s) of the Property only.