Transaction Termination Payment definition

Transaction Termination Payment has the meaning set forth in Section 10.6.
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Examples of Transaction Termination Payment in a sentence

  • Gexa shall remit a Wholesale Transaction Termination Payment due Customer, within 30 days of Gexa receiving the payment from the Energy Manager.

  • To the extent a termination payment due from Gexa to the Energy Manager is adjusted in Gexa’s account to reflect the full benefit of TCAP transacting with a replacement REP, Gexa shall make corresponding adjustments to the Wholesale Transaction Termination Payment on a pro-rata basis.

  • If the Wholesale Transaction Termination Payment is negative, Customer shall pay Gexa the Wholesale Transaction Termination Payment.

  • Energy Manager shall sum Customer’s prorata share of each termination payment for each Wholesale Transaction attributable to Customer’s Load to determine a total Wholesale Transaction Termination Payment under this Agreement (the “Wholesale Transaction Termination Payment”).

  • Customer shall remit a Wholesale Transaction Termination Payment due Gexa within 30 days of Gexa’s invoice.

  • Customer or Gexa shall pay the Wholesale Transaction Termination Payment to the other, as appropriate, in the manner described below and without regard to who is a defaulting party.

  • If the Wholesale Transaction Termination Payment is positive, Gexa shall pay Customer the Wholesale Transaction Termination Payment.

  • Each Consenting Holder shall be required to pay an amount equal to such Consenting Holder’s pro rata portion of the Transaction Termination Payment to an account previously specified by Parent to the Holder Representative within one (1) Business Day following the entry into or consummation of the Qualifying Transaction giving rise to such Termination Payment under the Merger Agreement (the “Alternative Transaction”).

  • In the event DE exercises option (b) above, DE shall pay to Customer the Wholesale Transaction Termination Payment determined in accordance with Section 5.5 below.

Related to Transaction Termination Payment

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

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Termination Payments has the meaning specified in Section 10(a).

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.