Final TFC Payment definition

Final TFC Payment means an amount equal to one-half (1/2) of the difference between (y) the TFC Adjustment (as defined in Section 2.8(c) of the Secondary Agreement) less (z) $800,000.
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Examples of Final TFC Payment in a sentence

  • The term "Final TFC Payment" means an amount equal to one-half (1/2) of the difference between (y) the TFC Adjustment (as defined in Section 2.8(c) of the Secondary Agreement) less (z) $800,000.

  • For purposes of this Section 2.2.3(b)(v) only, if the Final TFC Payment exceeds the amount of escrow funds remaining in the Escrow Account at such second (2d) anniversary, Buyer shall have full recourse to collect from ▇▇▇▇▇▇▇▇ the amount of such excess.

Related to Final TFC Payment

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Delta Payment means as it is described in this Agreement.

  • Interim Payment has the meaning specified in Section 10.1.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Deferred Sales Charge Payment Date means July 10, 2013 and the tenth day of each month thereafter through November 10, 2013.