NTP Payment definition

NTP Payment means the notice to proceed payment set forth in the Payment Schedule.
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NTP Payment is defined in Section 13.2.
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NTP Payment shall have the meaning ascribed to such term in Section 5.2.2 of the Supply Agreement.
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Examples of NTP Payment in a sentence

  • After Owner’s issuance of the NTP Payment Milestone payment, Contractor assumes all risk relating to fluctuation of any foreign currency.

  • Notwithstanding the foregoing, during the NTP Payment Period only, upon thirty (30) days written notice to Sunrun, Contract may opt out of Exclusivity and Contractor and any Subcontractor may sell TPO Products that are not Sunrun Products to residential customers in the Territory at the conclusion of such notice period (“Exclusivity Opt-Out Option”).

  • In the event that any payments due under the Contract Documents (other than the NTP Payment) are not received within thirty (30) days from the date payment is due, provided that the unpaid amounts are not the subject of a good faith dispute, Seller may suspend performance of the Wind Turbine Work upon seven (7) Business Days written notice Owner.

  • In the event that Owner does not exercise such option as provided herein, then the Contract Price for the WTGs covered by the applicable NTP Payment shall remain payable in accordance with Section 5.2 below in Japanese Yen and US Dollars in the ratio that the two currencies bear to each other in the Contract Price.

  • EPC Contractor may elect to have Owner withhold all or a portion of the Page 59 NTP Payment to meet the Performance Credit Support requirement until the Performance Credit Support requirement is replaced by a Letter of Credit.

Related to NTP Payment

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

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Payment Amount has the meaning specified in Section 6.1.

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.