Guarantee Payment definition

Guarantee Payment means any payment made by a Guarantor pursuant to a Guarantee Agreement in respect of a Trust Student Loan.

Guarantee Payment means, the amount, if any, by which (A) the Class B-2 Formula Distribution Amount for such Remittance Date exceeds (B) the Remaining Amount Available.

Guarantee Payment shall have the meaning assigned to such term in Section 7.12(b).

Examples of Guarantee Payment in a sentence

• If at the end of each successive Contract Year the AC electricity produced by the System as measured and recorded by Seller (the “ Actual kWh”) is less than the Guaranteed kWh for that Contract Year, then Guarantor shall pay Purchaser an amount equal to (i) the difference between the Guaranteed kWh and the Actual kWh, multiplied by (ii) the Performance Guarantee Payment Rate (as defined in Section 1(E)), in each case with respect to the affected Contract Year.

• Scanned Copies of requisite amount of Bank Guarantee/ Payment on Order Instrument towards EMD as mentioned in the Bid Information Sheet.

• Import Credit Requirement: A component of the External Transaction Component of the Operating Requirement, calculated in accordance with Section 26.4.2 of Attachment K to this Services Tariff.Import Curtailment Guarantee Payment: A payment made in accordance with Section 4.5.2.2 and Attachment J of this ISO Services Tariff to compensate a Supplier whose Import is Curtailed by the ISO.

• In addition, a Supplier may be eligible to receive an Import Curtailment Guarantee Payment if its Import is curtailed at the request of the ISO as determined pursuant to Section 25.6 of this Attachment J.

• A Supplier eligible under Section 25.6.1 of this Attachment J shall receive an Import Curtailment Guarantee Payment for its curtailed Energy injections that is equal to the daily sum of the hourly payments which, for each hour of Import t, is calculated as the greater of the interval payments determined for the hour or zero as seen in the formula below.

More Definitions of Guarantee Payment

Guarantee Payment means any payment made by the FDIC under the Program with respect to Senior Unsecured Debt of the Issuer.

Guarantee Payment. As to any Remittance Date, the amount, if any, by which (a) the Class B-2 Formula Distribution Amount for such Remittance Date exceeds (b) the Remaining Amount Available.

Guarantee Payment means, for any Measurement Period, either: (i) a cash payment by ENGIE Services U.S. to District in an amount equal to the Guarantee Shortfall for that Measurement Period pursuant to this Attachment E, Section (II)(A)(ii); or (ii) additional energy services or energy saving retrofits requested by District with an agreed value equal to the Guarantee Shortfall for that Measurement Period pursuant to this Attachment E, Section (II)(A)(iii).

Guarantee Payment. As to any Remittance Date and the Group I Certificates, the amount, if any, by which (a) the Class I B-2 Formula Distribution Amount for such Remittance Date exceeds (b) the Group I Remaining Amount Available. As to any Remittance Date and the Group II Certificates, the amount, if any, by which (a) the Class II B-3 Formula Distribution Amount for such Remittance Date exceeds (b) the Group II Remaining Amount Available.

Guarantee Payment means any payment made by a Guarantee Agency pursuant to a Contract of Guarantee in respect of a Financed Student Loan.

Guarantee Payment means any payment by a Guarantor pursuant to a Guarantee Agreement in respect of a Pledged Student Loan.

Guarantee Payment with respect to a Fund shall mean an amount equal to (i) the aggregate of the Designated Shareholder Amounts for such Fund minus (ii) (A) the amount of cash and other assets distributed by the Fund, if any, including amounts distributed as income or gains, to the Designated Shareholders with respect to Designated Shares since the date of the Guarantee Event and (B) the amount of cash and other assets held by the Fund on the Payment Date (other than cash or other assets held in reserve to meet the Fund’s disclosed liabilities as set forth on the Certificate of Liquidation and Disbursement required by Section 7) that is designated by the Fund or its agent for distribution to the Designated Shareholders upon the liquidation of the Fund. For the purposes of clarity, the amount in clause (ii) shall be determined without giving effect to the Guarantee Payment. The Guarantee Payment shall in no event exceed the amount available for payment within the ESF on the Payment Date, as determined by the Treasury in its sole and absolute discretion, which amount may be further adjusted as set forth in Section 2(f).