NPI Payments definition

NPI Payments shall have the definitions set forth in (i) Section 5.5 of that certain Employment Agreement by and between High Sierra Shared Services, LLC and Xxxx X. Xxxxxxx made as of the 1st day of June 2011 and (ii) Section 5.5 of that certain Employment Agreement by and between High Sierra Shared Services, LLC and Xxxxx X. Xxxxx made as of the 1st day of June 2011, as amended from time to time.
Sample 1
NPI Payments has the meaning assigned in Section 3.1.
Sample 1
NPI Payments means any payment by a Debtor of or in respect of any royalty or net profits interest in favour of or held by any Subordinated Creditor and whether created in connection with the Plan of Arrangement or otherwise (whether made, paid or satisfied in or for cash, property or both);
Sample 1

Examples of NPI Payments in a sentence

  • If the payment made by the Grantor on account of the NPI for a Month is greater than the actual amount of the NPI Payment for such Month, the Grantor will be entitled to recover the overpayment by set off against NPI Payments for subsequent Months.

  • In each control unit an identification label shall be installed on the front panel stating which equipment or group of control equipment is housed in that particular section or subsection of the unit .

  • Subject to the terms and conditions hereof, Domain agrees to fund Domain’s Capital Contribution with respect to each Tranche designated by Domain hereunder and to receive in consideration for such funding, the NPI Payments.

  • Such lump sum shall be calculated as the amount equal to the present value of Domain’s expected future NPI Payments on all Tranche’s using a ten percent (10%) discount rate.

  • The Debtors estimate that, as of the Petition Date, there are approximately $7,671,000 in unpaid prepetition Trust NPI Payments.

  • The Debtors are authorized, but not directed, in the reasonable exercise of their business judgment to pay, in the ordinary course of business, the Trust NPI Payments; provided that payments on account of prepetition Trust NPI Payments shall not exceed $1,300,000 pursuant to this Interim Order.

  • The NPI Payments for each month shall be paid to NPI Purchaser on or before the 28th calendar day of the following month, or if such day is not a Business Day, then on the next Business Day thereafter.

  • Staff would project revenue and determine what the gap is between expenditures and revenue and request the remaining amount from the General Fund.

  • Domain shall be entitled to receive NPI Payments, until the Total NPI Payments for all Tranche’s have been made.

  • Upon such termination, Domain shall retain the Net Profits Interest and continue to be entitled to receive NPI Payments with respect to any xxxxx included in any Tranche’s as of the date of termination, and Payout shall be determined based on Domain’s Capital Contribution as of the date of termination.

Related to NPI Payments

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Payments has the meaning set forth in Section 8.11.

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Earnout Payments has the meaning specified in Section 2.7.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

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

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • 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.

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Bonus Payments means that portion of the bonus payments received by the

  • 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.

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

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.