VAR Payments definition

VAR Payments has the meaning given thereto in Paragraph 3.8(a)(ii); and
Sample 1
VAR Payments means all those (and only those) value appreciation rights payments, management bonuses, "parachute" payments, incentive payments and other similar payments and termination and severance payments required to be made by the Intercon Entities (or which vest or to which employees of the Intercon Entities become entitled) (including related employment and withholding Taxes).
Sample 1

Examples of VAR Payments in a sentence

  • Qualified Generator Reactive Resources shall be eligible for VAR Payments under this Schedule 2.

  • Qualified Non-Generator Reactive Resources shall be eligible for VAR Payments under this Schedule 2.

  • The following calculations shall be done in December of each year to calculate the VAR CC Rate for the next year of VAR Payments for leading and lagging reactive power capability in the following year.

  • Concurrently, the Miami-Dade County’s MAI Program specifically is engaging in focus groups and survey research directed toward identifying the dynamics of initial HIV infection and patterns of abusive/exploitive relationships with infected men, to raise retention in care rates for Black/African American, Hispanic, and Black Haitian women who are living with HIV or AIDS, and to identify strategies that may reduce disparities.

  • A Qualified Reactive Resource shall be eligible to receive VAR Payments under the Capacity Cost component of this Schedule 2 for the capability to provide VAR Service.

  • Any generator that has been receiving VAR Payments under Schedule 2 prior to June 1, 2007 shall be deemed to be a Qualified Generator Reactive Resource as of that date, provided that it continues to meet the criteria specified in Section II, A.

  • For context, as of January 1, 2022, there were 192 Qualified Reactive Resources participating in the VAR Program, and the VAR Payments for fixed CC compensation totaled approximately $19 million.

  • The Base CC Rate, a blended proxy rate, is used to calculate VAR Payments under the fixed Capacity Cost paid to Qualified Reactive Resources for the capability to provide reactive supply and voltage support (“VAR Service”) to the New England Transmission System under Schedule 2 of the OATT.

  • They note that NSAM 220 does not apply to EX-IM, and they suggest that it should not apply to CCC.There are two significantly different interpretations and resultant courses of action, one favored by Henry Kissinger and the other fa- vored by Peter Flanigan.Kissinger’s PositionIn my opinion, we have not yet sufficiently tested the Soviets to see if they can be pressured into agreeing to shipping arrangements con- sistent with our NSAM 220 policy.

  • The Base CC Rate, a blended proxy rate, is used to calculate VAR Payments under the fixed Capacity Cost paid to Qualified Reactive Resources for the capability to provide reactive supply and voltage support (“VAR Service”) to the New England Transmission System under Schedule 2 of the OATT.to June 1, 2018).

Related to VAR Payments

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Payments has the meaning set forth in Section 8.11.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Earnout Payments has the meaning specified in Section 2.7.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Reimbursement Amounts As defined in Section 3.22.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Termination Payments means any payment or distribution of Compensation or benefits made pursuant to Section 4.1(a)-(c) of this Agreement.

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Balloon Payments means with respect to any loan constituting Indebtedness, any required principal payment of such loan which is payable at the maturity of such Indebtedness, provided, however, that the final payment of a fully amortized loan shall not constitute a Balloon Payment.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Bonus Payments means that portion of the bonus payments received by the

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Debt Payments means for any period, in each case, all cash actually expended by any Borrower to make: (a) interest payments on any Advances hereunder, plus (b) scheduled principal payments on the Equipment Loans plus (c) scheduled principal payments on the Term Loans plus (d) payments for all fees, commissions and charges set forth herein, plus (e) payments on Capitalized Lease Obligations, plus (f) payments with respect to any other Indebtedness for borrowed money.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Principal Payments means all payments of principal made pursuant to the terms of the Note.

  • Aggregate Payments as defined in Section 7.2.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

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

  • Additional Payments means the amounts required to be paid by the Company pursuant to the provisions of Section 4.2 hereof.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. Refunds to your account How refunds can happen We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. Risks when receiving refunds The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.