Repayment Obligation definition

Repayment Obligation shall have the meeting set forth in Section 8(d).

Repayment Obligation shall have the meaning set forth in the recitals.

Repayment Obligation means the obligation, pursuant to paragraphs 3, 17, and 23(e) below, to return the dollar amount distributed from the Gross Settlement Fund before the Effective Date for Lead Counsel’s attorneys’ fees and expense reimbursement, plus interest on those amounts equal to what would have been earned had the amounts remained in the Gross Settlement Fund.

Examples of Repayment Obligation in a sentence

• You agree that the Company shall have the right to enforce the Repayment Obligation by all legal means available, including without limitation, by withholding other amounts or property owed to you by the Company.

• The Monthly Repayment Obligation shall be applied whenever the former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is participating in the ISO Administered Markets while it is eligible to receive market-based rates, until the applicable repayment obligation has been fully repaid.

• If a Generator that is subject to a Monthly Repayment Obligation returns from being Retired, or from being in a Mothball Outage, or from an ICAP Ineligible Forced Outage, to participate in the ISO Administered Markets while it is eligible to receive market-based rates, then the ISO shall recalculate and reinstate an updated Monthly Repayment Obligation.

• The Monthly Repayment Obligation shall not be imposed while a former RMR Generator or former Interim Service Provider or Generator that returns from an ICAP Ineligible Forced Outage is in a Mothball Outage or an ICAP Ineligible Forced Outage, or is Retired.

• The Monthly Repayment Obligation shall be applied whenever the former RMR Generator or former Interim Service Provider is participating in the ISO Administered Markets while it is eligible to receive market-based rates, until the applicable repayment obligation has been fully repaid.

More Definitions of Repayment Obligation

Repayment Obligation is defined in Section 12.14.

Repayment Obligation has the meaning set forth in Section 3.2.3.

Repayment Obligation means the repayment of each DCDC member’s (a) aggregate capital contributions to DCDC, and (b) preferred return on such capital contributions accruing on such DCDC member’s unreturned capital contribution on a daily basis at the rate of 5% per annum.

Repayment Obligation means the obligation, pursuant to ¶¶ 3(c), 17(b), and 22(c) of this Stipulation, of Class Counsel or any Plaintiff’s counsel, to return the dollar amount distributed from the Gross Settlement Fund before the Effective Date for attorneys’ fees and expense reimbursement, plus interest on those amounts equal to what would have been earned had the amounts remained in the Gross Settlement Fund.

Repayment Obligation has the meaning set forth in Exhibit 1 Prepayment.

Repayment Obligation an amount of money equal to the “Repayment Amount.” The Repayment Amount shall be the smallest such amount, if any, as shall be required to be paid to the Company so that the Executive’s net proceeds with respect to the Payments (after taking into account the payment of the Excise Tax imposed on such benefits) shall be maximized. Notwithstanding the foregoing, the Repayment Amount shall be zero if a Repayment Amount of more than zero would not eliminate the Excise Tax in accordance with the principles of Section 6(b)(i). If the Excise Tax is not eliminated through the performance of the Repayment Obligation, the Executive shall pay the Excise Tax. The Repayment Obligation shall be discharged within 30 days of either (A) the Executive’s entering into a binding agreement with the IRS as to the amount of Excise Tax liability, or (B) a final determination by the IRS or a court decision requiring the Executive to pay the Excise Tax from which no appeal is available or is timely taken. 7.

Repayment Obligation means the reimbursement obligation or any other payment obligation of the District under a written agreement between the District and a credit provider to reimburse the credit provider for amounts paid pursuant to a credit facility for the payment of the principal amount or purchase price of and/or interest on any Parity Debt.