Payment Stream definition
Examples of Payment Stream in a sentence
If no such index is published by governmental agencies, then such other index which may be available shall be utilized in a manner which will fairly and reasonably reflect the effects of inflation or deflation on the dollar amounts of the Utility Payment Stream payments.
HOFV shall deliver to ▇▇▇▇▇▇▇ Controls (with a copy thereof to the Borrower and the Agent) within two (2) Business Days after the first day of each calendar month an invoice setting forth the Payment Stream amount due and payable by ▇▇▇▇▇▇▇ Controls under the Naming Rights Agreement.
In addition to the Utility Payment Stream set forth in Sections 8.5.C(l) and 8.5.C(2) above, the Utilities shall pay to SJCC legal fees and costs arising from disputes, if any, under the Cimarron Coal Assignment and/or the Installment Sale Agreement.
Upon each Payment Stream Reduction, each remaining Payment Amount shall be reduced pro rata based on the amount of the aggregate Payment Amounts remaining in the Payment Stream.
Payment Stream For continuous queries, QCs can be seen as a guarantee for a payment stream.
Today the Index is 4.250% per annum, and therefore the initial ANNUAL PERCENTAGE RATE and the corresponding Periodic Rate on your Credit Line are as stated below: Current Rate for the First Payment Stream Range of Balance ANNUAL PERCENTAGE Daily Periodic Or Conditions RATE Rate All Balances 4.250% 0.01184% Notwithstanding any other provision of this Agreement, we will not charge interest on any undisbursed loan proceeds.
If and to the extent any portion of the Payment Stream is received by an HOF Entity, such amounts shall be held in trust for the benefit of the Lenders and such HOF Entity shall promptly, but in any event within one (1) Business Days, remit or cause to be remitted any and all such amounts to the Collection Account.
If and to the extent any portion of the Payment Stream is received by PHOF, such amounts shall be held in trust for the benefit of the Lenders and PHOF shall promptly, but in any event within one (1) Business Days, remit or cause to be remitted any and all such amounts to the Collection Account.
Purchaser may elect that Seller satisfy its obligation to provide the Purchaser Adjustment Consideration, if any, by (x) paying such amount in cash, (y) reducing each remaining Payment Amount (as defined in the Undertaking) pro rata based on the amount of the aggregate Payment Amounts remaining in the Payment Stream (as defined in the Undertaking), or (z) any combination of the foregoing, as determined by Purchaser in its sole discretion.
In addition to the consideration set forth in Section 2.2, if any portion of the BB&T Payment Stream is collected by a Company (or its successors or assigns), Purchaser shall, and shall cause such Company (or its successors or assigns) to, remit such portion of the BB&T Payment Stream reasonably promptly (but in no event more than 30 days after receipt) to Seller and/or its Permitted Assignees.