Termination Payment definition
Termination Payment means the amount payable by either Party to the other upon Termination in accordance with Article 23;
Termination Payment has the meaning set forth in Section 11.3.
Termination Payment is defined in Section 5.3.
Examples of Termination Payment in a sentence
The Non-Defaulting Party will calculate a Settlement Amount with respect to each Designated System and a Termination Payment with respect to this Agreement pursuant to Section 9.4 as of the Early Termination Date, and provide such calculation to the Defaulting Party by the Early Termination Date.
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 as follows:
Termination Payment has the meaning specified in Section 15.2(b).
Termination Payment has the meaning set out in Section 8.2(a);