Termination Payment definition

Termination Payment has the meaning set forth in Section 7.3(c).

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Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;

Termination Payment is defined in Section 5.3.

Examples of Termination Payment in a sentence

Any amount not satisfied from the Escrowed Funds and the amount paid pursuant to Section 3.5(d) shall be satisfied by Verdera which shall deposit an amount equal to such shortfall with the Subscription Receipt Agent no later than the Business Day immediately preceding the Termination Payment Time.
Any amount not satisfied from the Escrowed Funds and the amount paid pursuant to Section 3.5(d) shall be satisfied by the Corporation which shall deposit an amount equal to such shortfall with the Subscription Receipt Agent no later than the Business Day immediately preceding the Termination Payment Time.
The Parties agree and acknowledge that in no event shall a Party be required to pay a Termination Payment or Expense Reimbursement Payment on more than one occasion.

More Definitions of Termination Payment

Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

Termination Payment. The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

Termination Payment means the payment amount equal to the sum of (a) and (b), where (a) is the Settlement Amount or Damage Payment Amount, as applicable, and (b) is the sum of all amounts owed by the Defaulting Party to the Non-Defaulting Party under this Agreement, less any amounts owed by the Non-Defaulting Party to the Defaulting Party determined as of the Early Termination Date.

Termination Payment shall have the meaning set forth in Section 9.3(b) hereof.

Termination Payment means the amount payable by the Concessioning Authority to the Concessionaire upon the termination of this Concession Agreement.

Termination Payment has the meaning specified in Section 15.2(b).

Termination Payment as follows: