Monthly Option Payment definition

Monthly Option Payment is defined in Section 8.1(a) for Condition 1 and Section 8.2(a) for Condition 2.
Sample 1Sample 2Sample 3

Examples of Monthly Option Payment in a sentence

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Monthly Option Payment = Monthly Availability Payment Equation B-1 Monthly + Surcharge Payment Monthly – Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • In no event shall (i) the Monthly Option Payment for any month be less than zero, (ii) the sum of the Monthly Availability Payments for a Contract Year exceed the Annual Fixed Revenue Requirement for the Contract Year, or (iii) the sum of the Monthly Surcharge Payments for the Contract Year exceed the Annual Capital Item Cost (as defined in Schedule B) for the Contract Year.

  • In no event shall (i) the Monthly Option Payment for any month be less than zero, (ii) the sum of the Monthly Availability Payments for a Contract Year exceed the Annual Fixed Revenue Requirement for the Contract Year or (iii) the sum of the Monthly Surcharge Payments for the Contract Year exceed the Annual Capital Item Cost (as defined in Schedule B) for the Contract Year.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Monthly Option Payment = Monthly Availability Payment Equation B-1 Monthly + Surcharge Payment Monthly – Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies]‌ Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • If you decide not to purchase the home you will lose your Initial Option Payment Credit and your Monthly Option Payment Credit.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment‌‌ The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • When you purchase the home 100% of your Initial Option Payment Credit and 100% of your Monthly Option Payment Credit is credited towards the purchase price of the home.

  • It does not matter whether the financial interest is positive or negative and when considering the existence of a “pecuniary interest”, quantum also does not matter.[37] The Courts have provided the following guidance with respect to what constitutes a “pecuniary interest”: Pecuniary interest is not defined by the MCIA.

Related to Monthly Option Payment

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Payment Amount as defined in Section 3.5.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Delta Payment means as it is described in this Agreement.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Past Due Rent Payment is defined in Section 2.2(g).