PRR Payment definition

PRR Payment means, in the case of an Obligor designated on the Contract Schedule as an Obligor for "PRR-type leases", each of the first 6 monthly payments relating to any 12 month extension of the term of the related Contract.
View Source

Related to PRR Payment

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

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • 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.

  • Earnout Payment has the meaning set forth in Section 2.3(b).