Payment Sum definition

Payment Sum means the sum equal to a the Acquired Percentage of the Market Value of the Premises as at a date no more than eight weeks prior to either the date of exchange of contracts for the assignment or the date of surrender of this Lease (as the case may be) assessed by a Valuer on the instruction of the Leaseholder provided that in assessing the Market Value the Valuer shall not disregard the matters referred to in paragraph (c) and paragraph (d) of the definition of “Market Value”.
Payment Sum means the sum equal to a the Acquired Percentage of the Market Value of the Property as at a date no more than eight weeks prior to either the date of exchange of contracts for the assignment or the date of surrender of this Lease (as the case may be) assessed by a Valuer on the instruction of the Leaseholder provided that in assessing the Market Value the Valuer shall not disregard the matters referred to in paragraph (c) and paragraph (d) of the definition of "Market Value".
Payment Sum means the Buyers Payment Percentage of the amount which is the higher of: (a) the Market Value of the Property at the Payment Date; and (b) the amount you receive from a Sale

Examples of Payment Sum in a sentence

  • The Guarantor's liability shall be limited to the amount of the Guaranteed Advance Payment Sum.

  • The Guarantor's period of liability shall be from and including the date of issue of this Advance Payment Guarantee and up to and including the termination of the Contract or the date of payment in full of the Guaranteed Advance Payment Sum, whichever occurs first.

  • The Annual Capacity Payment Sum (ACPS) was calculated by the Regulatory Authorities, and this data was used as a proxy to calculate the PSO capacity payments for a given PSO period.

  • S$2.50, compounded daily and levied on the amount withdrawn from the withdrawal date until receipt of full payment For full payment of cash advance, please call 24hr customer hotline at 1800 338 5335Minimum monthly payment3% of the monthly balance outstanding, plus any outstanding Minimum Payment Sum, plus the amount in excess of the Credit Limit, or S$50, whichever is greaterLate payment charges5% of the Minimum Payment Sum or S$55 per month, whichever is higher; if min.

  • S$2.50, compounded daily and levied on the amount withdrawn from the withdrawal date until receipt of full paymentFor full payment of cash advance, please call 24hr customer hotline at 1800 338 5335Minimum monthly payment3% of the monthly balance outstanding, plus any outstanding Minimum Payment Sum, plus the amount in excess of the Credit Limit, or S$50, whichever is greaterLate payment charges5% of the Minimum Payment Sum or S$55 per month, whichever is higher; if min.

  • Payment for Core M&O Services includes Non-Key Deliverables, Reports, and Transition Deliverables, which are not tied to an Incremental Payment Sum.

  • Employees on an approved leave of absence prior to this policy coming into effect must attest their vaccination status and be compliant with this policy, prior to returning to work.

  • Prior to I-SEM implementation and the introduction of the Capacity Remuneration Mechanism, the capacity payment (for the purposes of the ex-ante Benchmark Price), was calculated by dividing the Annual Capacity Payment Sum by the modelled Available Energy for the PSO period to give a €/MWh rate.

  • Annual Capacity Payment Sum for the Trading Year 2017, Consultation Paper, May 2016, SEM-16-026.

  • The purpose of the consultation paper was to propose options to address a key concern raised by industry participants regarding the stability of the capacity payment pot due to the annual determination of the Best New Entrant Fixed Cost (BNEFC) and the Annual Capacity Payment Sum (ACPS).


More Definitions of Payment Sum

Payment Sum means the amount determined in accordance with clause 3.1. Capitalised terms used but not defined in this Deed have the meanings given in the Consultancy Agreement. Novation From the Effective Date: the Incoming Party is a party to the Consultancy Agreement instead of the Department; all references to the Department in the Consultancy Agreement are references to the Incoming Party; the Incoming Party: enjoys all of the rights and benefits of the Department under the Consultancy Agreement; is bound by the terms of the Consultancy Agreement as if the Incoming Party had originally been a party to the Consultancy Agreement; and must perform all obligations of the Department under the Consultancy Agreement which are to be performed after the Effective Date; and the Consultant is bound by the Consultancy Agreement as if the Incoming Party had originally been a party to the Consultancy Agreement.
Payment Sum means the aggregate sum of:

Related to Payment Sum

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Payment Schedule ’ means a schedule which sets out—

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Debit Payment means a particular transaction where a debit is made.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Delta Payment means as it is described in this Agreement.

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Interim Payment has the meaning specified in Section 10.1.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Note Payment Sequence means the application of Interest Proceeds in accordance with the Interest Proceeds Priority of Payments or the application of Principal Proceeds in accordance with the Principal Proceeds Priority of Payments, as applicable, in the following order:

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Payment means any payment or distribution in the nature of compensation (within the meaning of Section 280G(b)(2) of the Code) to or for the benefit of the Executive, whether paid or payable pursuant to this Agreement or otherwise.