Held Amounts definition

Held Amounts has the meaning ascribed to that term in the Revenue Agreement.
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Held Amounts has the meaning attributed to that term in section 3.1(b).
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Examples of Held Amounts in a sentence

  • Subject to Partnership Expenses, Reserves, Permitted Investments, and Held Amounts, all funds received by the Partnership under Article 3 will be distributed among the Limited Partners in accordance with the Distribution Formula and in accordance with the Partnership Agreement.

  • The Province and the Partnership shall review section 3.1 of the Revenue Agreement at the end of each Fiscal Year and determine whether Held Amounts should continue to be held by the Partnership or otherwise used as provided in this Section 5.2.

  • OFNLP 2008 and the Province shall review this section 3.1 at the end of each fiscal year of OFNLP 2008 and determine whether the Held Amounts should continue to be held by OFN 2008 General Partner or otherwise used as provided in section 5.2 of the OFNLP 2008 Partnership Agreement.

  • Subject to Partnership Expenses, Reserves, Permitted Investments, and Held Amounts, all funds received by the Partnership under Article 2 will be distributed among the Limited Partners in accordance with the Distribution Formula and in accordance with the Partnership Agreement.

Related to Held Amounts

  • Withheld Amounts shall have the meaning assigned to such term in Section 3.

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Available Collections means, for any Distribution Date, (i) all Obligor payments received with respect to the Receivables during the preceding Collection Period, (ii) all Liquidation Proceeds received with respect to the Receivables during the preceding Collection Period, (iii) all interest earned on funds on deposit in the Collection Account during the preceding Collection Period, (iv) the aggregate Purchase Amount deposited in the Collection Account on the preceding Distribution Date, (v) all prepayments received with respect to the Receivables during the preceding Collection Period attributable to any refunded item included in the Amount Financed (including amounts received as a result of rebates of extended service plan contract costs and insurance premiums and proceeds received under physical damage, theft, GAP, credit life and credit disability insurance policies), and (vi) all Simple Interest Advances deposited into the Collection Account by the Servicer on the Business Day preceding such Distribution Date; provided, however, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Purchased Receivable for the Collection Period during which the related Purchase Amount was deposited by the Seller into the Collection Account; provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Receivable to the extent that the Servicer has made an unreimbursed Simple Interest Advance with respect to such Receivable and is entitled to reimbursement from such payments or other amounts pursuant to Section 4.4 of the Sale and Servicing Agreement; and, provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to the Receivables that are retained by the Servicer as reimbursement for Unreimbursed Servicer Advances pursuant to Section 4.4 of the Sale and Servicing Agreement; provided, further, however, that Available Collections for any Distribution Date will exclude any Supplemental Servicing Fees.