Examples of Final Payment Amount in a sentence
NRPPD has, or prior to the Withdrawal Time will have, sufficient cash, available lines of credit, project financing or other sources of immediately available funds to enable it to pay the Final Payment Amount, if applicable, and to consummate the transactions contemplated hereunder.
As the Regulatory Liabilities Credit is based upon information as of March 2024, the Final Payment Amount (also known as the Exit Fee) used an estimate of United Power’s Regulatory Liabilities Credit and thus subject to true-up (“Regulatory Liabilities True-Up”).
NRPPD’s payment to Tri-State for the Equipment Conveyed is included in the Final Payment Amount.
At least 30 days before the Withdrawal Time, Tri-State shall calculate and provide to NRPPD the Final Payment Amount, which shall use the formula set forth in Rate Schedule No. 281.
The Final Payment Amount will be trued-up after the Withdrawal Time as provided in Section 3.1.2. The payment of the Final Payment Amount shall be made by wire transfer of immediately available funds to an account designated by Tri-State.