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.
View Source
Operating Payments means the eligible payments towards operation, maintenance, repairs and service delivery after meeting the stipulated performance indicators;
View Source
Operating Payments as defined in Section 3.2 of the O&M Agreement.
View Source

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.
View Source
Operating Payments. Operating Payments shall have the meaning assigned to it in Section 8.2.
View Source
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).
View Source

Related to Operating Payments

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Passthru payments means any withholdable payment and any "foreign passthru payment," which is currently not defined. The current proposed FATCA regulations (“Proposed Regulations”) state that the Internal Revenue Service and the U.S. Treasury have determined, that withholding on “foreign passthru payments” is not required, pending further guidance and analysis. The Proposed Regulations provide that such withholding will not be effective before the date that is two years after the publication of final regulations defining the term “foreign pass-thru payment”.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Interim Payment has the meaning specified in Section 10.1.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.