Operating Payments definition

Operating Payments means all payments made to the Company or any Subsidiary with respect to, or that are allocated to restoration services or to maintenance and repair of the Project.
Operating Payments means the eligible payments towards operation, maintenance, repairs and service delivery after meeting the stipulated performance indicators;
Operating Payments as defined in Section 3.2 of the O&M Agreement.

Examples of Operating Payments in a sentence

  • Without limiting the generality of the foregoing, the rights and obligations of the parties with respect to any indemnity under this Lease, and with respect to Tax Payments, Operating Payments and any other amounts payable under this Lease, shall survive the expiration or other termination of this Lease.

  • Notwithstanding the JPA Agreement or any other provision of this Operating Agreement, including without limitation Sections 4.07 and 5.01 hereof, in the event of a deposit pursuant to this Section 6.01, all obligations of the User under this Operating Agreement shall cease and terminate, excepting only the obligation of the User to pay the Operating Payments, to the extent the User is still using the service provided by the Project.

  • Overdue Operating Payments shall be used by the Authority to pay Operating Costs.

  • Executive will not be eligible for, or entitled to any severance benefits, including (without limitation) the Severance Benefits and CIC Severance Benefits listed in Sections 6.2 and 6.3 above, if the Company terminates Executive’s employment for Cause, Executive resigns Executive’s employment without Good Reason, or Executive’s employment terminates due to Executive’s death or disability.

  • Such twelve (12) payments are each an "Operating Payment" and together the "Operating Payments").

  • The Market Rental shall take into account, without limitation, the rent concessions such as rental abatements and construction allowances to be provided by Landlord and the market rent concessions; the leasing commissions payable for the space in question, the Base Taxes and Base Operating Expenses used in determining Tenant's Tax Payments and Tenant's Operating Payments, periodic increases in rent to adjust for inflation and other then prevailing rental related terms, conditions and components of rent.

  • The Steering Committee shall have the right to increase the amount of the Operating Payments at any time during the Term to support additional work by MBX in support of the Commercial Alliance.

  • Within thirty (30) days of receipt of an invoice therefor from Sub-Sublandlord, Sub-Subtenant shall pay any payment on account of Additional Rent, including without limitation payment on account of Tax Payments (as defined in Section 3.02 (a) of the Prime Lease) and payments on account of Operating Payments (as defined in Section 3.03(a) of the Prime Lease).

  • If the Building shall be condominiumized, then Tenant’s Operating Payments and PILOT Payments shall, if necessary, be equitably adjusted such that Tenant shall thereafter continue to pay the same share of the PILOT Charges and Operating Expenses of the Building as Tenant would pay in the absence of such condominimization.

  • In addition, Carlo Pazolini shall furnish to Mesoblast, promptly after receipt thereof by Carlo Pazolini, copies of (i) any Landlord Statements (as defined in the Lease) or Landlord estimates with respect to Tenant’s Operating Payments or Tenant’s Tax Payments (each of such terms, as defined in the Lease) received from Landlord or CIT and (ii) any notices, estimates or statements received from CIT relating to CP’s Operating Payments and/or CP’s Tax Payments.


More Definitions of Operating Payments

Operating Payments shall each have the meaning set forth in Section 4.5 hereof.
Operating Payments. Operating Payments shall have the meaning assigned to it in Section 8.2.
Operating Payments means all cash expenditures relating to the ------------------ operation, management and maintenance of the Mortgaged Premises, including, without limitation, payments for salaries and other payroll costs of employees of Mortgagor for their services in the operation and maintenance of the Mortgaged Premises, payments under service contracts with independent contractors for operating and maintaining the Mortgaged Premises, payments for utility charges for the Mortgaged Premises, payments for insurance premiums with respect to the Mortgaged Premises, payments with respect to ordinary and routine maintenance and repair of the Mortgaged Premises, including materials and supplies relating thereto, license fees or other governmental taxes applicable to the Mortgaged Premises, payments on account of management fees, attorneys fees and accountant fees, but excluding from Operating Payments the following payments with respect to the Mortgaged Premises: (i) interest or amortization payments under any - mortgage or security interest affecting the Mortgaged Premises, (ii) payments to -- Mortgagor or affiliates of Mortgagor to the extent such payments exceed the amount that would have been paid to an independent third party for providing the same service, (iii) all non-cash charges for items such as depreciation and --- amortization and (iv) the Excluded Insurance Proceeds and the Excluded -- Condemnation Proceeds (as such terms are defined in the definition of Gross Receipts).