IPB definition

IPB. As of any date of determination and with respect to each Lease Contract, the present value of the remaining stream of Scheduled Payments due with respect to such Lease Contract after the applicable Calculation Date based upon discounting such Scheduled Payments (assuming such Scheduled Payments are received on the last day of the related Collection Period) to such Calculation Date at an annual rate equal to the applicable Discount Rate, at the same frequency as the Payment Dates; provided -------- that on the Calculation Date:
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IPB. With respect to any Contract and any date of determination, the present value of the remaining stream of Scheduled Payments (or, in the case of a Rental Contract, the present value of the expected remaining stream of Scheduled Payments, assuming that such stream of Scheduled Payments will terminate at the related Expected Rental Termination Date) due with respect to such Contract after the applicable Calculation Date (reduced by the applicable Servicer Fee but not reduced by any Additional Servicer Fee) calculated by discounting such Scheduled Payments (assuming such Scheduled Payments are received on the last day of the related Due Period) to such Calculation Date at an annual rate equal to the applicable Discount Rate, at the same frequency as the Payment Dates; except that on the Calculation Date, (a) on or immediately following the deposit into the Collection Account of Insurance Proceeds equal to the outstanding Implicit Principal Balance of the related Contract or the Purchase Price, or on or immediately following the delivery of a Substitute Contract, (b) on or immediately following the date that a Contract has become a Defaulted Contract or a Terminated Rental Contract, or (c) immediately preceding the Final Due Date of a Contract, the Implicit Principal Balance of the related Receivable shall be zero. To the extent that the Final Due Date of any Series Contract is later than the Stated Maturity Date of the last maturing Notes of the related Series of Notes, any Scheduled Payment due on such Contract after the Calculation Date immediately preceding such Stated Maturity Date shall not be taken into account in calculating the Implicit Principal Balance of such Contract.
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IPB. As of any date of determination, with respect to any Lease Contract, the present value of the remaining stream of Scheduled Payments (reduced by the applicable Servicer Fee but not reduced by any Additional Servicer Fee) due with respect to such Lease Contract after the applicable Calculation Date, and calculated by discounting such Scheduled Payments (assuming such Scheduled Payments are received on the last day of the related Due Period) to such Calculation Date at an annual rate equal to the applicable Discount Rate, at the same frequency as the Payment Dates; except that on the Calculation Date, (a) on or immediately following the deposit into the Collection Account of any Insurance Proceeds (and the termination of the related Lease Contract) or the Removal Price, or on or immediately following the delivery of a Substitute Lease Contract, (b) immediately on or after the date that a Lease Contract has become a Defaulted Lease Contract, or (c) immediately preceding the Final Payment Date, the Implicit Principal Balance of each such related Lease Contract shall be zero. To the extent that the Final Due Date of any Series Lease Contract is later than the Stated Maturity of the last maturing Certificates of the related Series of Class A Certificates, any Scheduled Payments due on such Lease Contract after the Calculation Date immediately preceding such Stated Maturity shall not be taken into account in calculating the Implicit Principal Balance of such Lease Contract.
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Examples of IPB in a sentence

  • The IPB convenes periodically during the year and is responsible for providing executive level oversight and guidance to the Information Protection Program.

  • The spatial relationship between other volcanic centers in the IPB and the location of massive sulfide deposits is well-documented.

  • The Marateca license surrounds the northernmost known volcanic center on the Neves Corvo trend in the Iberian Pyrite Belt (IPB).

  • On December 18, 2013, the Company announced the Company discovered an outcropping gossan zone in volcanic-sedimentary rock units that typically host massive sulfide mineralization in other parts of the IPB in Portugal and Spain.

  • This Note, and the obligations and rights of the Company hereunder, shall be binding on and inure to the benefit of the Company, IPB, and their respective heirs, successors, and assigns.

  • Notwithstanding anything to the contrary contained herein, the parties hereto understand and agree that (i) the Shares are subject to Section 4.2 of the Stock Purchase Agreement, dated as of September 17, 1996, as amended and restated as of February 17, 1997 (the "1996 Stock Purchase Agreement"), among the Company, IP and IPB and (ii) the Stockholder shall have no obligation under Section 1.1 of this Agreement so long as the Proxy referred to below is in effect.

  • Payment of the Note Amount shall be made in lawful money of the United States of America, at the principal office of the Company or at such place as may be designated in writing by IPB.

  • This Note may not be modified or amended except with the written consent of the Company and IPB.

  • Integral to the function of the IPP are the Information Protection Committee (IPC) and the Information Protection Board (IPB).

  • AX Acquisition Corporation ("ACQUISITION CO."), a wholly owned subsidiary of Axiohm IPB, Inc.


More Definitions of IPB

IPB as defined below) which Executive will forego from Dow as a consequence of retiring early, less the lump sum equivalent value of the Pension Benefit, if any, earned during Executive's employment with the Company as of the date of his termination from employment with the Company.
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IPB has the meaning assigned in Section 21(a)(7) of this Agreement.
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IPB. As of any date of determination, with respect to any Lease Contract, the present value of the remaining stream of Scheduled Payments (reduced by the applicable Servicer Fee but not reduced by any Additional Servicer Fee) due with respect to such Lease Contract after the applicable Calculation Date, and calculated by discounting such Scheduled Payments (assuming such Scheduled Payments are received on the last day of the related Monthly Period) to such Calculation Date at an annual rate equal to the Discount Rate, at the same frequency as the Payment Dates; except that on the Calculation Date, (a) on or immediately following the deposit into the Collection Account of any Insurance Proceeds (and the termination of the related Lease Contract) or the Removal Price, or on or immediately following the delivery of a Substitute Lease Contract, (b) immediately on or after the date that a Lease Contract has become a Defaulted Lease Contract, or (c) immediately preceding the Final Payment Date, the Implicit Principal Balance of each such related Lease Contract shall be zero. To the extent that the Final Due Date of any Lease Contract is later than the Stated Maturity, any Scheduled Payments due on such Lease Contract after the Calculation Date immediately preceding such Stated Maturity shall not be taken into account in calculating the Implicit Principal Balance of such Lease Contract. "Independent": When used with respect to any specified Person means such a Person, who (a) is in fact independent of the Transferor, (b) does not have any direct financial interest or any material indirect financial interest in the Transferor or in any Affiliate of the Transferor and (c) is not connected with the Transferor as an officer, employee, promoter, underwriter, trustee, partner, director, or person performing similar functions. Whenever it is herein provided that any Independent Person's opinion or certificate shall be furnished to the Trustee, such Person shall be appointed by a Transferor Order and approved by the Trustee in the exercise of reasonable care, and such opinion or certificate shall state that the signer has read this definition and that the signer is Independent within the meaning hereof.
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IPB shall have the meaning set forth in the first paragraph of this Agreement.
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Related to IPB

  • DPI means the North Carolina Department of Public Instruction.

  • IPC means the International Paralympic Committee;

  • NPS means nominal pipe size.

  • ASTC means ASX Settlement and Transfer Corporation Pty Ltd (ABN 49 008 504 532).

  • TDSAT means Telecom Dispute Settlement and Appellate Tribunal, New Delhi.

  • PBI means Pitney Xxxxx Inc. “Pitney Xxxxx” means PBI and its subsidiaries. “We”, “our” or “us” refers to the Pitney Xxxxx companies with whom you’ve entered into the Order. “You” or “your” refers to the entity identified on the Order. “Meter” means any postage meter supplied by PBI under the Order, including (i) in the case of a Connect+®, a SendPro® P series or a SendPro C series mailing system, the postal security device that accounts for and enables postage to be purchased and printed (“PSD”), and (ii) in the case of all other mailing systems, the PSD, the user interface or keyboard and display and the print engine. “Meter Services” means access to the PSD to download, account for, and enable printing of postage within a PBI Postage Evidencing System as defined in Title 39, Part 501 of the Code of Federal Regulations (“CFR”); USPS mandated processes associated with the PSD, including registration, usage reporting and withdrawal; repair or replacement of the PSD as described in Section 26; and the Soft- Guard Program outlined in Section 28. “Equipment” means the equipment listed on the Order, excluding any Meter or standalone software. “Lease” means Lease terms and conditions set out in Sections 10 through 17. The provisions included in these Terms consist of: (i) General Terms; (ii) Lease Terms; (iii) a Service Level Agreement; (iv) Equipment Rental and Meter Services Terms; (v) an Acknowledgement of Deposit required by the United States Postal Service in any transaction involving a Meter; (vi) Purchase Power® Terms for a limited purpose credit line that may be available to you; and (vii) provisions relating to specific products.

  • SBS means the New York City Department of Small Business Services.

  • IAPPC means a valid international air pollution prevention certificate for the Vessel issued under Annex VI.

  • Raptor means all birds of the orders Falconiformes and Strigiformes, commonly called falcons,

  • ACI means the American Concrete Institute.

  • CSDCC means the China Securities Depository and Clearing Co., Ltd. “CSRC” means the China Securities Regulatory Commission.

  • LSI means Large Scale Industry

  • IPS means Integrated Payment Systems Inc., a Delaware corporation and its successors.

  • SBI means State Bank of India (Client) having its Corporate Centre at Madame Cama Road, Nariman Point, Mumbai- 400 021 and its representative Local Head Offices/Administrative Offices/Regional Business Offices/Branches at various places across India and includes the client’s representatives, successors and assigns.

  • PSI means pounds per square inch.

  • IEC means specifications of International Electro-technical Commission;

  • Intel means Intel Corporation, a Delaware corporation.

  • GSM means Global System for Mobile Communications.

  • SMC means a valid safety management certificate issued for a Vessel by or on behalf of the Administration under paragraph 13.7 of the ISM Code.

  • SAIC means the State Administration of Industry and Commerce of the PRC or, with respect to the issuance of any business license or filing or registration to be effected by or with the State Administration of Industry and Commerce, any Governmental Authority which is similarly competent to issue such business license or accept such filing or registration under the laws of the PRC.

  • ISV means independent software vendor.

  • IPP means each indigenous peoples plan for a Subproject, including any update thereto, prepared and submitted by the Borrower through the EA pursuant to the requirements set forth in the IPPF and cleared by ADB;