Incremental Payment definition

Incremental Payment shall have the meaning given such term in Section 2.9 of the Credit Agreement.

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Incremental Payment shall have the meaning set forth in Section 2.2.8. Indebtedness shall mean, at any given time, the Principal Amount, together with all accrued and unpaid interest thereon and all other obligations and liabilities due or to become due to Lenders pursuant hereto, under the Note or in accordance with the other Loan Documents and all other amounts, sums and expenses paid by or payable to Lenders hereunder or pursuant to the Note or the other Loan Documents.

Incremental Payment shall have the meaning set forth in Section 2.2.8.

Examples of Incremental Payment in a sentence

Payment for Core M&O Services includes Non-Key Deliverables, Reports, and Transition Deliverables, which are not tied to an Incremental Payment Sum.
No Incremental Payment shall be made with respect to Incremental Revenue upon which a previous Incremental Payment had been made (and thus, a maximum of $10,000,000 in the aggregate of Incremental Payments may be made) Incremental Payments will only be made for each [*] dollar Incremental Revenue threshold reached.
This Agreement may not be assigned by Simulscribe without Ditech’s prior written consent, except that Simulscribe may assign its rights to receive payment due under the promissory notes and payment of the Incremental Payment and the conversion and related rights with respect thereto.
The election to convert must be made by Simulscribe within five (5) business days after the later of the Incremental Payments Calculation Date to which the Incremental Payment relates and the date upon which the Independent Auditor (as defined in Section 3.2(b) hereof) resolves any dispute with respect to such Incremental Payment.
Subject to Section 3.3, each Incremental Payment may be converted in whole but not in part, at Simulscribe’s option, into shares of Ditech common stock (“Ditech Stock”) at $5.00 per share of Ditech Stock.
No prorated Incremental Payment shall be made for Incremental Revenue amounts lower than the [*] dollar thresholds.
Upon the occurrence of a Trigger Event the Incremental Revenue shall be deemed to be $[*] and, subject to the conversion rights set forth in Section 3.2(d) and 3.3, the payment of the entire unpaid balance of the $10,000,000 Incremental Payment shall be immediately due and payable.
No Incremental Payment shall be made by any Lender after such Lender's Termination Date (or, with respect to any B-Holder, after such B-Holder's Commitment Termination Date).
No Incremental Payment will be made until $[*] of Incremental Revenue is recognized by Ditech or Simulscribe, as applicable.
Employees otherwise entitled shall not lose their State Incremental Payment whilst absent from work on leave with pay.

More Definitions of Incremental Payment

Incremental Payment is defined in Section 2.07 of this Agreement.

Incremental Payment has the meaning set forth in Section 4.1.

Incremental Payment. Pay for any partial hours worked will be in fifteen (15) minute increments.

Incremental Payment has the meaning set forth in Section 3.1(a). “Incremental Recurring Amount” means, with respect to each Semi-Annual Date, an amount equal to the number of Conservation Event(s) that have occurred and are continuing after Incremental Base Amount(s) in respect thereof have been paid in accordance with the terms of this Agreement, as of such Semi-Annual Date times U.S.$150,000.