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

  • Barbados agrees that neither it nor any of its Agencies shall, directly or knowingly indirectly, (a) fund the payment of any Incremental Payment or other amount due by it under this Agreement with amounts received from any Prohibited Person or (b) perform the Conservation and Sustainability Commitments in any manner which would expose TNC or any other Person party to this Agreement or the Conservation Funding Agreement to the risk of an enforcement proceeding for a violation of Sanctions.

  • When the Incremental Payment Obligation is fully satisfied, all funds remaining in the Incremental Payment Subaccount shall be transferred to the Project Subaccount of the School Facilities Account to be used by School District in accordance with applicable law.

  • Funds shall be disbursed from the Incremental Payment Subaccount to make Incremental Payments in accordance with Section 8.5 below.

  • WHLLC agrees that within ten (10) days following the Effective Date it shall transfer the WHCFD Note to Landowner and Landowner agrees it shall, in turn, cancel and return the WHCFD Note to CFD No. 2005-1 and accept in its place Incremental Payments from CFD No. 2005-1 of Special Taxes deposited in the Special Fund and the proceeds of Bonds deposited in the Incremental Payment Subaccount, as provided for in this F/A Agreement.

  • Barbados shall make each Incremental Payment into the US Dollar Payment Account without defense, setoff or counterclaim.

  • Each Incremental Payment shall be applied first against accrued Default Rate interest (if any) and then against the outstanding principal balance.

  • Upon payment of the Incremental Payment Obligation in full, any funds remaining in the Incremental Payment Subaccount shall be transferred to the Project Subaccount.

  • No Incremental Payment Amount shall be payable in respect of any share of Series B Convertible Preferred Stock redeemed, repurchased or converted prior to October 20, 2016.” Section 8.

  • The “School Facilities Account” shall include two subaccounts designated in the Indenture as the “Project Subaccount” and the “Incremental Payment Subaccount.” Of the amount of net proceeds of the Bonds deposited in the School Facilities Account pursuant to Section 8.2(e)(iv) above, 100% shall be deposited in the Incremental Payment Subaccount until the Incremental Payment Obligation has been fully satisfied.

  • The purposes of this F/A Agreement include establishing a method of funding the School Facilities needed to house Project Students, the Incremental Payment Obligation and the City Facilities to the extent herein provided.


More Definitions of Incremental Payment

Incremental Payment is defined in Section 2.07 of this Agreement.
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Incremental Payment has the meaning set forth in Section 4.1.
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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.
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Incremental Payment shall have the meaning set forth in Section 2.2.8.
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Related to Incremental Payment

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Note shall have the meaning provided in Section 2.05(a).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Increment means twelve (12) months of service credit which are purchased. The

  • Tax Increment means the difference between:

  • Total Payments means those payments so described in Section 6.2 hereof.

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

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