Interim Payment Amount definition

Interim Payment Amount is determined by subtracting (1) the total payments that EDISON would have made to SELLER using the Fixed Rate, as defined in Section 3.4.2 below, for energy delivered by SELLER to EDISON during the period between the Rate Effective Date, defined in Section 3.4.2, and the Final Payment Date (the "Rate Adjustment Period") from (2) the total payments actually made by EDISON for energy deliveries by SELLER during the Rate Adjustment Period.

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Interim Payment Amount is defined in Section 2.5(a).

Interim Payment Amount means the amount, in Cash, of any Interim Payment made by the Segregated Account to the Holder of a Permitted Policy Claim.

Examples of Interim Payment Amount in a sentence

• The Final Payment Amount is equal to (i) the Stipulated Amount; (ii) plus all accrued but unpaid interest thereon (if any) pursuant to Section 3.2.2; (iii) less all partial payments of the Stipulated Amount made by EDISON pursuant to Section 3.2.3 or otherwise; (iv) adjusted by the Interim Payment Amount (if any), as defined below.

• If the Interim Payment Amount, as defined below, is less than zero, then such amount, multiplied by (-1.0), shall be added to the Final Payment Amount.

• The "Interim Payment Amount" is determined by subtracting (1) the total payments that EDISON would have made to SELLER using the Fixed Rate, as defined in Section 3.4.2 below, for energy delivered by SELLER to EDISON during the period between the Rate Effective Date, defined in Section 3.4.2, and the Final Payment Date (the "Rate Adjustment Period") from (2) the total payments actually made by EDISON for energy deliveries by SELLER during the Rate Adjustment Period.

• If Seller disagrees with Buyer’s determination of the Interim Payment Amount, Seller shall give Buyer written notice of Seller’s determination of the Interim Payment Amount, along with all supporting documents, within the same 15-day verification period.

• The amount owed by a Core Member to the Alliance when a Core Member has paid less than was required under its Interim Payment Amount obligation.

• Within 15 days after the Extended Collection Date, Buyer shall make a review of the Receivables recovered and collected as of the Extended Collection Date and shall pay Seller the amount, if any, by which the Receivables recovered and collected by the Extended Collection Date, minus the Interim Payment Amount and the Final Payment Amount, exceed the Undisputed Receivables Amount (the “Extended Payment Amount”).

• The Interim Payment Amount of each Core Member may be adjusted with unanimous Core Member approval in subsequent quarters to better estimate its portion of the Expenses in those quarters.

• The amount owed to a Core Member by the Alliance when a Core Member has paid more than was required under its Interim Payment Amount obligation.

• If the Daily Closing Price on a given Trading Day in an Interim Pricing Period, multiplied by ninety percent (90%), is less than the Threshold Price, then the total amount of the Interim Payment Amount will be reduced by 1/5th (or such other fraction based on the length of the Interim Pricing Period) and no Shares will be purchased or sold with respect to such Trading Day, unless the parties agree otherwise.

• The Interim Payment Amount shall equal twenty-four million dollars ($24,000,000) unless such amount is adjusted in accordance with this Section 2.6. During the period ending twenty (20) calendar days after the Closing, the Seller shall make a good-faith estimate of the Interim Payment Amount which shall be made in accordance with the methodology set forth in Exhibit 2.6 attached hereto.

More Definitions of Interim Payment Amount

Interim Payment Amount means an amount in the Redemption Currency or Settlement Currency, as the case may be, equal to the Applicable Cash Dividend Amount on the relevant ex- dividend date (net of any and all withholding taxes based upon the maximum statutory rates applicable to a Qualified Investor in connection with the receipt of such dividends). The Calculation Agent will determine the Interim Payment Amount, if any, in respect of the Securities in its sole discretion;

Interim Payment Amount means twenty-four million dollars ($24,000,000), or such other amount determined in accordance with Section 2.6, and paid to the Seller in accordance with Section 2.5.

Interim Payment Amount means the amount, in Cash, of any Interim Payment made by the Segregated Account to the LVM Trustee.

Interim Payment Amount means any payments to be made in respect of the Warrants as specified in the applicable Final Terms;

Interim Payment Amount has the meaning set forth in Section 3.3(b)(ii).