Future Payment Amount definition

Future Payment Amount means an amount equal to the sum of the Initial Future Payment Amount, if any, plus the Final Future Payment Amount, if any.
Sample 1Sample 2
Future Payment Amount means, with respect to any Financing Contract, the amount specified in clause (ii) of the definition of Loan Payment Amount for such Financing Contract and determined as of the date (a) such Financing Contract was terminated or prepaid in full by an Obligor thereunder, (b) on which a payment was made or required to be made pursuant to any of Section 2.16, Section 2.17, Article V, or Section 6.05 of the Sale and Contribution Agreement or Section 5.01 of the Undertaking and Replacement Agreement or (c) solely for the purposes of the definition of Reduction Amount, such Financing Contract became an Actual Write-Off or Deemed Write- Off, as applicable. Notwithstanding the foregoing, as to any Financing Contract for which a payment was required to be made under Section 6.04 of the Sale and Contribution Agreement, the "Future Payment Amount" with respect to such Financing Contract shall be an amount determined by Lender in good faith to be fairly allocable to payments that would otherwise have become due under such Financing Contract after the date of such required payment.
Sample 1
Future Payment Amount means the amount specified as the "Future Payment Amount" under the heading "Details of this Agreement" in the Principal Terms;
Sample 1

Examples of Future Payment Amount in a sentence

  • On each yearly anniversary of the Closing Date each Seller will receive the portion of the Future Payment Amount set forth opposite such Seller’s name on Schedule I attached hereto.

  • To the extent Purchaser has provided a Claims Notice before any payment of the Future Payment Amount is due (including any disbursement of the Escrow Amount), and such Claims Notice is not resolved, Purchaser shall be permitted to withhold from such payment, and any subsequent payments, until such Claims Notice is resolved, a reasonable amount as a reserve to cover the potential indemnification obligations of Sellers with respect to such Claims Notice.

  • Purchaser will pay to Sellers the Future Payment Amount in equal installments on each yearly anniversary of the Closing Date beginning in 2011 and ending in 2015.

  • Notwithstanding anything to the contrary herein, Parent may, but is not obligated to, offset against any Future Payment Amount an amount equal to Post-Closing Transaction Expenses that become due and payable following the Effective Time, if any.

  • In the case of a claim made by the Buyer, the Buyer shall be entitled only to offset the amount of such claim against the Remaining Future Payment Amount in accordance with Section 16.5 hereof.

  • Raven shall pay the Future Payment Amounts in quarterly installments following the Second Closing, as described in Section 2.8. Subject to the payment of the Deferred Amount and the Future Payment Amount, the balance of the Purchase Price shall be deemed paid at First Closing by the execution and delivery of the Assignment and Assumption Agreement.

  • Notwithstanding anything contained herein to the contrary, if the Representative conducts the defense of any Third Party Claim pursuant to Section 7.5, the Representative shall have no right of offset (or other claim) against the Future Payment Amount (or any other amount(s) owing under this Agreement) for any Parent Indemnified Losses or Losses of Representative or the Securityholders based upon, arising from or relating to such Third Party Claim.

  • Then we can choose U = 0 and V — X, and we see that £7 A V = 0, X = 0 C 0, and L C X, so the theorem holds.Now consider the case where K contains exactly one point x G X, so that K — {#}.

  • Notwithstanding anything contained herein to the contrary, if the Representative conducts the defense of any Third Party Claim pursuant to Section 8.5, the Representative shall have no right of offset (or other claim) against the Future Payment Amount (or any other amount(s) owing under this Agreement) for any Parent Indemnified Losses or Losses of Representative or the Securityholders based upon, arising from or relating to such Third Party Claim.

  • Upon notice to Seller specifying in reasonable detail the basis therefor, Buyers may set off any amount to which it may be entitled under this Section 10 against amounts otherwise payable under any of the Transaction Documents, including, without limitation, the Deferred Amount and the Future Payment Amount.


More Definitions of Future Payment Amount

Future Payment Amount means collectively, (a) any Adjustment Amount, to the extent such amount is a positive number, that may become distributable to Participating Securityholders pursuant to Section 1.14 (Post-Closing Adjustment), (b) any portion of the Milestone Consideration that may become distributable to the Participating Securityholders pursuant to Section 1.9 (Milestone Consideration), (c) any portion of the Escrow Fund that may become distributable to Participating Securityholders pursuant to Section 1.15(c) (Escrow Agreement) and the Escrow Agreement, and (d) any portion of the Securityholders’ Representative Reserve that may become distributable to Participating Securityholders pursuant to Section 1.16(d) (Securityholders’ Representative).
Sample 1
Future Payment Amount is an amount equal to Three Million Five Hundred Thousand Dollars ($3,500,000). On each yearly anniversary of the Closing Date each Seller will receive the portion of the Future Payment Amount set forth opposite such Seller’s name on Schedule I attached hereto.
Sample 1
Future Payment Amount shall have the meaning specified in Section 1.3(e).
Sample 1

Related to Future Payment Amount

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 77% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date. Servicer: Calmco, or its successors in interest, as applicable.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Payment Amount has the meaning specified in Section 6.1.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

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

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Prepayment Amount means the amount required to prepay the Annual Special Tax obligation in full for an Assessor’s Parcel as described in Section G.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Share Payment means (a) a payment in the form of Shares, or (b) an option or other right to purchase Shares, as part of any bonus, deferred compensation or other arrangement, made in lieu of all or any portion of the compensation, granted pursuant to Article 8.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Expected Final Payment Date means the September 2021 Distribution Date.