Pre-Payment Amount definition

Pre-Payment Amount means the amount specified in the Offer as the “pre-payment amount”, as substituted, reduced, or cancelled under this Contract.

Pre-Payment Amount means the product of (i) the quantity of Scope Product to be pre‐ paid for the corresponding Pre‐paid Periods and (ii) the corresponding Committed Volume Portfolio Rate.

Pre-Payment Amount means amount specified in the Interface, to be held to the Advertiser’s account as a deposit against future Network Fees, Commissions and Bonuses;

Examples of Pre-Payment Amount in a sentence

• For the avoidance of doubt, to the extent the Pre-Payment Amount held by Transporter exceeds an amount equal to twelve (12) months of reservation charges under the Service Agreement based on Shipper’s MDTQ, Transporter shall not be required to return any such excess amount, and may continue to hold and use such excess amount pursuant to this sub-clause (a).

• Midship shall be deemed to credit to the Pre-Payment Amount in an amount equal to the “2021 True-Up Credit” generated by inputting the Consent Date and Settlement Effective Date into the financial model titled “GPOR True-Up Model (Rule 408) v.12.10.2020 (Final).xlsx” attached to the e-mail sent by Cameron Lyons of Latham & Watkins LLP to Chris Koenig of Kirkland & Ellis LLP on December 10, 2020 at 12:28 Eastern Time.33.

• The Debtors shall not seek to recover the Pre-Payment Amount from Midship by any means, including by turnover under section 542 of the Bankruptcy Code, through any claims or causes of action for avoidance arising under sections 544, 545, 547, 548, 549, and/or 550 of the Bankruptcy Code or any other similar state or federal law, or otherwise.

• As a result, the remaining balance of the Pre- Payment Amount shall be used to offset any reservation charges (or other Covered Obligations) for which Shipper is responsible under the Service Agreement and/or Tariff until the Pre-Payment Amount has been fully applied to offset such amounts.

• For the avoidance of doubt, the Debtors expressly acknowledge and agree, and the Final Order of the Bankruptcy Court shall have confirmed, that, prior to the Settlement Effective Date, the Pre-Payment Amount may be debited in the amount of any Covered Obligations in accordance with the terms of the Existing Gulfport TSA, including any amounts invoiced for reservation charges under the Existing Gulfport TSA for the month of November 2020 or thereafter in accordance with the Existing Gulfport TSA.

More Definitions of Pre-Payment Amount

Pre-Payment Amount means the amount of twenty million US Dollars (USD 20,000,000.00).

Pre-Payment Amount means the requested accelerated payment of the Host Benefit Fee (as adjusted pursuant to Section 6(d) herein) payable on such minimum tonnages requested by the City.

Pre-Payment Amount means the Billing Fee pre-payment in the amount of $2,500. The Pre- Payment Amount is an amount to be paid by the Biller to the Company prior to the initial provision of services by the Company to the Biller under this Agreement in recognition of costs to be incurred by the Company with respect to putting in place the Billing Services. The Company shall set-off the Billing Fee, as invoiced to the Biller from time to time against the Pre- Payment Amount until the Pre-Payment Amount has been reduced to zero. If this Agreement is terminated prior to end of its Term and there remains any unapplied Pre-Payment Amount, then fifty per cent (50%) of such amount may be retained by the Company;8]] and

Pre-Payment Amount means the $150,000 previously paid by Buyer to the Company (on behalf of the Sellers) after the execution of the letter of intent, dated May 2, 2016, among the Parties.

Pre-Payment Amount has the meaning specified in the Recitals.

Pre-Payment Amount means, with respect to the applicable date of determination, an amount equal to 50% of the interest that, but for either (as the case may be) (i) the applicable Company Redemption pursuant to Section 2(d) or (ii) the applicable Mandatory Redemption pursuant to Section 6, would have accrued with respect to the applicable principal amount of this Debenture being redeemed at the Interest Rate for the period from the applicable Redemption Date or the applicable Mandatory Redemption Date (as the case may be) through October 31, 2013.

Pre-Payment Amount means the aggregate amount set forth on Schedule A-102 (Pre-Payment Amount) of the Seller Disclosure Schedule.