Net Present Value. The Closing Gain or Closing Loss for each Settlement Date falling after the Close-out Date will be discounted by the Bank to it net present value.
Net Present Value. At the relevant time of reference thereto, and as the context may require, the discounted present value of Direct Finance Lease Receivables, discounted at the Direct Finance Lease Rate per annum of the remaining term of the applicable Direct Finance Lease.
Net Present Value the aggregate of the discounted values, calculated as of the estimated date of the Refinancing, of each of the relevant projected Distributions, in each case discounted using the Threshold Equity IRR; New Buildings any Buildings constructed pursuant to the terms of this Agreement; New Contract an agreement on the same terms and conditions as this Agreement at the Termination Date, but with the following amendments:
Net Present Value. The term "Net Present Value" (or "NPV") shall mean the value as of a specified date, of future cash payments due, calculated using a discount rate which is equal to the "applicable interest rate" specified by Code Section 417(e)(3)(C) and as of the date of Executive's Disability.
Net Present Value. At the relevant time of reference thereto, the discounted present value of the Direct Finance Lease Receivables, discounted with respect to each Direct Finance Lease, at the Direct Finance Lease Rate per annum of the remaining term of the applicable Direct Finance Lease. Note Placement 2006-1. The $685,000,000 Floating Rate Asset Backed Notes, Series 2006-1 Notes issued by CLIF on August 24, 2006, pursuant to a supplement to the Indenture.
Net Present Value. The term "Net Present Value" shall mean the value, as of a specified date, of future cash payments due, calculated using a discount rate determined by an actuary selected by the Bank and determined in accordance with GAAP.
Net Present Value. Except as set forth in the LIL Remedies Agreement, (a) in no event shall Opco be required to pay the net present value of the Rent due to be paid by Opco to the Partnership pursuant to the terms of this Agreement; and
Net Present Value. Except as provided for in Section 15.8, in no other event shall Muskrat be required to pay the net present value of the LTA Payments due to be paid by Muskrat to Labrador Transco pursuant to the terms of this Agreement. To the extent that the LTA Payments at any time funds debt service of Labrador Transco, only such portion of debt service shall be so funded as constitutes interest, fees and the instalment of principal which are due or about to become due as at such time; and for greater certainty there shall be no accelerated principal payable.
Net Present Value. Except as set forth in the LIL Remedies Agreement, (a) in no event shall NLH be required to pay the net present value of the Rent portion of the TFA Payment due to be paid by NLH to Opco pursuant to the terms of this Agreement; and
Net Present Value or NPV means the aggregate of the discounted values, calculated as at the estimated date of the Refinancing, of each of the relevant projected Distributions, in each case discounted using the Base Case Equity IRR;
