Netting Amount definition

Netting Amount shall have the meaning set forth in Section 7 of this Agreement.
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Netting Amount means base management fees paid by any Project Company, Project Holding Company or their respective Subsidiaries.
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Netting Amount means for any period base management fees paid during such period by any Project Company, Project Holding Company or their respective Subsidiaries.
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Examples of Netting Amount in a sentence

  • The Trustee shall pay from funds held by it in the Securitization Trusts such Servicer Advance Claims, less the Netting Amount, to DVIFS on the Closing Date.

  • For purposes of this Section 7, the "Netting Amount" shall be an amount equal to $2,500,000.

  • Upon the occurrence of a Trigger Event, unless within ten (10) Business Days after the date of delivery of the Trigger Event Notice, BAM and/or Affiliates of BAM contributes to the Borrower an amount equal to the lower of (i) the Netting Amount and (ii) an amount which, when added to Excess Cash Flow for the Fiscal Quarter, will be sufficient to eliminate such Trigger Event.

  • Provided, that in accordance with clause 5.9.1 of the Sale and Purchase Agreement and this Letter, the parties agree to net the Netting Amount from the Purchase Price, and they agree that doing so results in a net amount owing from Buyer to Seller in respect of the Purchase Price of US$ [ ] (the “Net Purchase Price”).

  • Upon the occurrence of a Trigger Event, unless within ten (10) Business Days after the date of delivery of the Trigger Event Notice, BAM and/or Affiliates of BAM contributes to the Borrowers an amount equal to the lower of (i) the Netting Amount for the Fiscal Year most recently ended and (ii) an amount which, when added to Excess Cash Flow for the relevant Fiscal Quarter, will be sufficient to eliminate such Trigger Event.

  • Each Party shall be responsible for any lawful taxes assessed against such Party which are directly associated with the Prepayment Amount and the Netting Amount (―Taxes‖).

  • For purposes of clarity, any proceeds (including the fair market value of non-cash proceeds) of the sale of PD Suzhou prior to the Closing shall be included as a PDC Withdrawal for purposes of the determination of the Closing Netting Amount.

  • The purchase price for the Shares shall be an amount equal to $735,000,000 (the “Initial Amount”), increased by the Closing Netting Amount, if the latter amount is a positive number, or decreased by the Closing Netting Amount, if the latter is a negative number, as the case may be, (as so increased or decreased, the “Purchase Price”).

  • The portion of the Netting Amount that will be charged to each Securitization is set forth on Exhibit F to this Agreement.

Related to Netting Amount

  • Floating Amount The product of (a) the Notional Amount (b) the Floating Rate Day Count Fraction and (c) the Settlement Spread which shall be calculated in accordance with the following formula: If USD-LIBOR-BBA is greater than the Cap Rate I for the applicable Calculation Period, then Settlement Spread = (USD-LIBOR-BBA - applicable Cap Rate I) provided, however, that if USD-LIBOR-BBA for any Calculation Period is greater than the Cap Rate II then the USD-LIBOR-BBA for such Calculation Period shall be deemed to be the Cap Rate II. If 1 Month USD-LIBOR-BBA is less than or equal to the Cap Rate I for the applicable Calculation Period, then Settlement Spread = Zero. Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: None Floating Rate Day Count Fraction: 30/360 Reset Dates: First day of each Calculation Period. Business Days: New York Calculation Agent: Party A

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).

  • Funding Amount has the meaning specified in Section 3.2(a).

  • Booking Amount means 10% of the Total Consideration of the Apartment which includes the Application Money;

  • Rounding Amount means, if the Relevant Currency is (a) USD or EUR, 1,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, (b) JPY, 100,000 units of the Relevant Currency, unless otherwise specified in Schedule 1 to these Credit Derivatives Auction Settlement Terms, or (c) any other currency, such amount approved by the relevant Convened DC and set forth in Schedule 1 to these Credit Derivatives Auction Settlement Terms.