Owed Amount definition

Owed Amount means, with respect to any Eligible Purchased Receivable, as of any date of determination, the amount invoiced in Dollars and/or Pesos due and payable for which payment has not yet been made by the applicable Customer Obligor.

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Owed Amount means, with respect to a sale, Taking or release of a portion of the Property, (x) each Allocated Annual Rent Payment from the date of such sale, Taking or release to the end of the Initial Lease Term, and (y) the excess of the Allocated Base Value with respect to the portion of the Property being sold, taken or released over the sum of (x) above (such excess deemed to be normally due on the 12th anniversary of this Lease), and with respect to any lease other than this Lease, any payment required to be made by Lessee to the lessor thereunder.

Owed Amount shall have the meaning ascribed to it in Section 7.13.

Examples of Owed Amount in a sentence

• The Releasor hereby represents and warrants to the Company that (i) this Release is a valid and binding obligation of the Releasor, enforceable against the Releasor in accordance with its terms, and (ii) the Owed Amount represents all of the outstanding liabilities and accounts payable of the Company to the Releasor on the date hereof.

• Upon the receipt by the Escrow Agent of a Resolution Certificate or an Arbitration Certificate and the payment by the Escrow Agent of the Owed Amount referred to therein, the related Certificate of Instruction shall be deemed canceled.

• In such case of recovery from a Company Indemnifying Party, each Company Indemnifying Party’s Owed Amount shall be satisfied (i) in cash, or (ii) prior to the QA Closing, at such Company Member’s option, through remittance of Parent Shares with a value (based on FMV) equal to such Owed Amount.

• Upon the receipt by the Escrow Agent of a Resolution Certificate or a Litigation Certificate and the payment by the Escrow Agent of the Owed Amount referred to in either such certificate, the related Indemnification Certificate of Instruction shall be deemed cancelled.

• Upon the receipt by the Escrow Agent of a Resolution Certificate or a Litigation Certificate and the payment by the Escrow Agent of the Owed Amount referred to therein, the related Certificate of Instruction shall be deemed canceled.

• PRIFA shall be entitled, at any time, to recover any Owed Amount (plus interest) from the Contractor by reducing any payments due to the Contractor from PRIFA by all or any portion of such Owed Amount (plus interest) and crediting the amount of such reduction (excluding interest for such purpose) against the Owed Amount.

• The Loss specified or estimated in such notice shall be referred to herein as the "Owed Amount".

• Upon the occurrence of an Event of Default, the unpaid balance of the Owed Amount shall be accelerated, and become immediately due and payable by MusclePharm to Nutrablend, and Nutrablend shall have the authority to initiate a legal proceeding pursuant to the “Enforcement” provision below to enforce this Agreement.

• If an Indemnifying Party is an Accredited Investor, the Owed Amount shall be satisfied by the delivery of cash and Parent Shares in the same proportion as such Indemnifying Party’s Merger Consideration was paid at the Closing with an aggregate value equal to the Owed Amount (valuing such Parent Shares based on the Reference Price for such purpose, and with the amount attributable to any fractional shares to be paid in cash).

• The payment agreement should include: Creditor’s Name and Address; Debtor’s Name and Address; Acknowledgment of the Balance Owed; Amount Owed; Interest Rate (if any); Repayment Period; Payment Instructions; Late Payment (if any); and the State of Governing Law.

More Definitions of Owed Amount

Owed Amount shall have the meaning set forth in Section 9.4(c) hereof.

Owed Amount has the meaning set forth in Section 5(a).

Owed Amount has the meaning in the applicable RTM Certificate of Instruction, RTM Tax Certificate of Instruction, RTM Resolution Certificate, RTM Tax Resolution Certificate, RTM Litigation Certificate or RTM Final Determination Certificate.

Owed Amount means any Losses which are due and payable in accordance with and subject to the provisions of Article IX based on (i) a binding written agreement between the Purchaser and the Seller, or (ii) a final non-appealable judgment or a judgment which is not appealed in the applicable time limits, rendered by a court or arbitration tribunal of competent jurisdiction.

Owed Amount with respect to each Ten Plus Customer shall mean the sum of $10 for each Six Month Period.

Owed Amount shall have the meaning specified in Section 8.6(e).