Reset Payment definition

Reset Payment shall have the meaning set forth in Section 4(e) hereof.
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Reset Payment on a Reset Trigger Date the Counterparty makes a payment to CAL FP equal to the 25% of the Initial Bond Price * Number of Bonds.
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Reset Payment shall have the meaning set forth in Section 4(e) of the Agreement.
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Examples of Reset Payment in a sentence

  • Such Reset Payment shall be deemed a margin payment or settlement payment hereunder.

  • I understand that participation as a volunteer may be terminated by Nogales Unified School District #1 at any time without cause and, that I may withdraw from participation at any time and for any reason.

  • If the Company is financially unable to deliver all of the Reset Payment in cash within three days of the Reset Date, then that portion of the Reset Payment which the Company is unable to pay shall be payable by delivery by the Company of a promissory note in such amount bearing interest at the rate of 9% per annum, with principal and interest payable in full on the first anniversary of the date of delivery.

  • Failure of Seller to (i) make any payment of Price Differential, Repurchase Price, the Facility Fee or any other sum which has become due, on a Price Differential Payment Date or a Repurchase Date or otherwise, whether by acceleration or otherwise, under the terms of this Agreement, or any other document evidencing or securing Indebtedness of Seller to Buyer or to any Affiliate of Buyer, or (ii) cure any Margin Deficit or pay any Reset Payment when due pursuant to Section 6 hereof.

  • In the event that the Shelf Registration Statement is declared effective prior to the Earn Out Date or prior to the Reset Payment Date, the Demand Rights Holders may at any time, after satisfaction of the Registration Criteria, issue additional Demand Requests with respect to all or a portion of the Registrable Securities held by the Unitholders issued on the Earn Out Date and on the Reset Payment Date, as applicable.


More Definitions of Reset Payment

Reset Payment has the meaning specified in Section 6(d) hereof.
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Reset Payment means the amount calculated by the Issuer as the amount payable by a Holder on a Reset Date to continue the GAS Instalment. The Reset Payment is calculated after the Cap Payment (if any) has been calculated and paid by a Holder. The Reset Payment will be calculated in accordance with the PDS, using the Loan Amount immediately before the Reset Date and the Revised Loan Amount, Interest Amount and Borrowing Fee.
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Related to Reset Payment

  • Reset Price means the price of the relevant Underlying Reference determined by the Calculation Agent by reference to the price obtained by unwinding any underlying related hedging arrangements in respect of the relevant Security during the Unwinding Time Period immediately following the relevant Reset Event Determination Time ;

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Interest Payment Amount means, for a Class of Notes and any Payment Date, the Interest Accrual Amount for that Class of Notes, less any Modification Loss Amount for that Payment Date allocated to reduce the Interest Payment Amount for that Class of Notes.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

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