LD Amount definition

LD Amount is defined in Section 19.4.B.

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LD Amount means an amount equal to (i) 0.50% of the VWAP of the Registrable Securities at all times prior to December 31, 2007 and (ii) 1.00% of the VWAP of the Registrable Securities at all times after December 31, 2007.

LD Amount means an amount which represents a genuine pre-estimate of the damage that the ANU may suffer pursuant to clause 39.1, as specified in the Agreement Details;

Examples of LD Amount in a sentence

• The determination of the number of Common Units to be issued as Liquidated Damages shall be equal to the In-Kind LD Amount divided by the VWAP Price calculated for the consecutive 10 trading day period ending on the close of trading on the trading day immediately preceding the date on which the Liquidated Damages payment is due, less a discount to such average closing price of 7.0%.

• If, in addition to the termination of this Agreement, at least nine additional franchise, license or management agreements for Franchisor Lodging Facilities between Franchisor and Franchisee, or their respective Affiliates, are terminated within 12 months of the termination of this Agreement, Franchisee will pay 300% of the LD Amount.

• The parties acknowledge and agree that the LD Amount is not a penalty and is a reasonable approximation of the actual damages sustained by Company under the circumstances given Company’s valuable investment in Trainee.

• The determination of the number of Common Units to be issued as Liquidated Damages shall be equal to the In-Kind LD Amount divided by the VWAP Price calculated for the consecutive ten (10) trading day period ending on the close of trading on the trading day immediately preceding the date on which the Liquidated Damages payment is due, less a discount to such average closing price of 2.00%.

• The Supplier's liability to pay Performance Liquidated Damages shall be capped at the Performance LD Amount.

• If the Contractor delays the supply of the Services or Deliverables, beyond the LD Timeframe (as specified in the Agreement Details), the ANU, without prejudice to any rights that would otherwise accrue under the Agreement is entitled to recover from the Contractor, or deduct moneys due to the Contractor, as Liquidated Damages and not as a penalty, the LD Amount specified in the Agreement Details for each day of delay.

• The determination of the number of Common Units to be issued as Liquidated Damages shall be equal to the In-Kind LD Amount divided by the VWAP Price calculated for the consecutive 10 trading day period ending on the close of trading on the trading day immediately preceding the date on which the Liquidated Damages payment is due, less a discount to such average closing price of 2.0%.

• Seller’s right to receive the LD Amount as liquidated damages and to require Purchaser to make payment to the Inspection Facility for any unpaid Inspection costs shall be the sole and exclusive remedies available to Seller in the event Purchaser defaults on Purchaser’s obligations under this Agreement, and Seller waives any other remedies that may be available to Seller at law or in equity.

• For Output delivered to Buyer pursuant to this Agreement, Buyer or its agent shall pay Seller by electronic transfer of funds by the later of the twentieth (20th) day of the month or the tenth (10th) Business Day after the invoice is received in accordance with Section 3.2, subject to Buyer’s right to set-off any Daily LD Amount or Performance LDs owed by Seller to Buyer as described in Sections 4.4(b)(iii) or 4.6(b)(iii), respectively.

• Buyer shall be entitled to draw upon the Development Assurance posted by Seller for its Daily LD Amount until the Development Assurance is exhausted, subject to the provision for replenishment set forth in Section 9(a)(1).

More Definitions of LD Amount

LD Amount. The Daily LD Amount multiplied by 365 (three hundred sixty five).

LD Amount means liquidated damages payable in respect of each elapsed day referred to in:

LD Amount means amount payable to the department on account of Delay in performance and Deficiency in service by the Service Provider

LD Amount means liquidated damages payable in respect of each elapsed day referred to in: (a) clause 4.10(b) in an amount equal to the quotient of: (i) the Guaranteed Annual Container Movements Fees that apply in respect of the Operating Year in which such day occurs in; and (ii) three hundred sixty five (365); or (b) clause 5.10 or 5.11 in an amount equal to the quotient: (i) the Guaranteed Annual Container Movements Fees that apply (or would have applied but for the relevant delay in the completion of the Terminal Construction Works) in respect of the Operating Year in which such day occurs in; and (ii) three hundred sixty five (365); or (c) clause 8.13 or 12.8 in an amount equal to ten thousand US Dollars (US$10,000.00);