OOG Payable definition

OOG Payable means the remaining unpaid balance as of December 31, 1997, of the consideration payable by "The Assignee" under the OOG Contract to "The Assignor" under the OOG Contract for the assignment of the OOG Receivable from The Assignor to The Assignee, such remaining balance as of December 31, 1997 being 14,714,133,380 Bolivars.
View Source

Examples of OOG Payable in a sentence

  • Section 2.1 Purchase and Sale of Company Shares and OOG Receivable and Assumption of OOG Payable .

  • Section 2.1 Purchase and Sale of Company Shares and OOG Receivable and Assumption of OOG Payable.

Related to OOG Payable

  • Closing Payment has the meaning set forth in Section 2.2.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Closing Payment Amount has the meaning set forth in Section 2.06(d).

  • Transfer Premium shall also include, but not be limited to, key money, bonus money or other cash consideration paid by Transferee to Tenant in connection with such Transfer, and any payment in excess of fair market value for services rendered by Tenant to Transferee or for assets, fixtures, inventory, equipment, or furniture transferred by Tenant to Transferee in connection with such Transfer. The determination of the amount of Landlord’s applicable share of the Transfer Premium shall be made on a monthly basis as rent or other consideration is received by Tenant under the Transfer.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Borrower and its Subsidiaries on a consolidated basis during that period under all Operating Leases to which Borrower or any of its Subsidiaries is a party as lessee.