Overhead Payment definition

Overhead Payment shall have the meaning set forth in paragraph 12 of the Fifth Amendment.
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Overhead Payment has the meaning set forth in Section 7.07.
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Examples of Overhead Payment in a sentence

  • After each calendar quarter, any amount payable by one Party to the other Party pursuant to Article 6.3 above ("Overhead Payment") shall be paid by the owing Party within ten (10) business days of such Party's receipt of the other Party's report under Article 6.3.

  • Within 30 days following the Closing Date, Seller shall deliver to Buyer a written report (“Initial Inventory Report”) setting forth (i) the number of units of raw materials, work-in-process and finished Products existing anywhere in the world as of the Closing Date (categorized appropriately by inventory type and geographic location), and (ii) the amount of the Labor and Overhead Payment.

  • AC agrees to provide to RKO the following amounts as contribution towards over head: (a) $125,000 payable no later than May 31, 2003 ("1st Overhead Payment") (the receipt of which is hereby acknowledged); and (b), subject to subsection C.

  • The Owner shall pay the Owner Expenses and the Overhead Payment (if applicable) in the manner provided in Section 6.b., below.

  • The Owner shall pay the Owner Expenses and the Overhead Payment in the manner provided in Section 6 b.

  • For the avoidance of doubt, Seller and Buyer each acknowledge and agree that, upon the termination of the Distribution Period for all of the countries in the Territory, Buyer shall promptly reimburse Seller in the United States for the residual amount of the Labor and Overhead Payment, if any, not previously deducted by Seller in the Monthly Payments during the Distribution Period.

  • The amount of the Labor and Overhead Payment shall be converted into Dollars using the Monthly Average Exchange Rate in effect as of the Closing Date.

  • Seller shall deduct the Labor and Overhead Payment in 18 equal monthly installments from the Monthly Payments that Seller must pay to Buyer in accordance with the provisions of Section 4.6(f).

  • For avoidance of doubt it is agreed by the parties that failure of AC to make the 2nd Overhead Payment shall terminate this Agreement, except with respect to the obligations of RKO under subsection 10.A above.

  • Section 10.09(d) Quarterly Overhead Payment ....................................

Related to Overhead Payment

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Liquidity Expenses means all Liquidity Obligations other than (i) the principal amount of any Drawings under the Liquidity Facilities and (ii) any interest accrued on any Liquidity Obligations.

  • Permitted Payment as defined in Subsection 8.2(b).

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.