Pre-Usage Payment MOI definition

Pre-Usage Payment MOI means, per Fiscal Year, MOI before the accrual of any Usage Payment for such Fiscal Year.
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Examples of Pre-Usage Payment MOI in a sentence

  • For each Fiscal Year during which ▇▇▇▇ ▇▇▇▇▇▇▇ is employed by Coach, ▇▇▇▇ ▇▇▇▇▇▇▇ will be entitled to a payment (a “Usage Payment”) for each Fiscal Year during which Coach operates the ▇▇▇▇ ▇▇▇▇▇▇▇ Brand in an amount equal to the Pre-Usage Payment MOI for such Fiscal Year times the Usage Percentage; provided that MOI (i.e., after the accrual of such Usage Payment) equals or exceeds twenty (20) million US Dollars.

Related to Pre-Usage Payment MOI

  • PRE-PAYMENT The Tenant shall: (check one)

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Excess Cash Flow Payment Date means the date occurring ten (10) Business Days after the date on which the Borrower’s (or Parent Company’s) annual audited financial statements are required to be delivered pursuant to Section 9.01(b) (or Section 9.01(c)) (commencing with respect to the fiscal year ending December 31, 2021).

  • Group I Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group I Principal Distribution Amount.