Repayment of Amounts Sample Clauses

Repayment of Amounts. Notwithstanding the provisions of Clauses 18.1 (Non Permitted Payments) and 18.2 (No charge), if a Subordinated Loan Creditor pays an amount to the Offshore Security Trustee and Agent pursuant to the provisions of Clauses 18.1 (Non Permitted Payments) or 18.2 (No charge) and is subsequently required pursuant to applicable law to repay such amount to the Company then the Offshore Security Trustee and Agent shall:
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Repayment of Amounts. If either party (the "Payer") has paid any amount in respect of VAT under this clause 8 to the other party (the "Payee") on the basis that:-
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Repayment of Amounts. Notwithstanding any other provision of this Agreement, in the event that, after any amount is paid to the Members in respect of tax savings as a result of the utilization of Member-Sourced NOL pursuant to this Agreement, the Company reasonably determines that any such payment was erroneous or exceeded the amount of tax savings actually realized from the utilization of Member-Sourced NOL (such as, for example, as a result of an audit or other tax proceeding pursuant to which it is determined that the Member-Sourced NOLs were smaller than believed or were subject to limitations on use that were not taken into account when such payments were made) ("Excess Payments"), each Member that received an Excess Payment shall repay to the Company the amount of such Excess Payment, together with interest on such Excess Payment at the underpayment rate applicable to the Company under Section 6601 of the Code for the period during which the Member held such Excess Payment. Any such repayment shall be made within 30 days after the Company delivers to the affected Members a notice setting forth in reasonable detail the calculation of the amount of the Excess Payment (and interest thereon). Alternatively, in the Company's sole and absolute discretion, the Company shall have the right to offset any Excess Payments owed by a Member to the Company against any amounts owed by the Company, the Parent or any of their Subsidiaries to such Member. The purpose of this Section 2.4 is to ensure that payments to the Members by the Company pursuant to this Agreement shall be made only in respect of tax savings that are actually realized by the Company through utilizing Member-Sourced NOL after the Merger, and this Section 2.4 shall be interpreted consistent with such purpose.
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Repayment of Amounts. Advanced to APS for Network Upgrades to APS’s Share of the JPP. With respect to APS, the repayment obligations are those stated in the APS LGIA. Thus, the primary modifications to this Article reflect the agreement of the Parties to make it clear that repayment obligations will commence at the end of each project phase.
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Repayment of Amounts facilitated and made available to the Company forming part of the Initial Shareholder Loan shall be made by the Company from time to time, out of the Company's free and available cash and subject to the Company's payment and repayment obligations which take seniority and priority over repayment of the Initial Shareholder Loan Amount or any part thereof.50
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Repayment of Amounts. Advanced to APS for Network Upgrades to APS’s Share of the JPP. Interconnection Customer shall be entitled to a cash repayment from APS, equal to the total amount paid by Interconnection Customer to Transmission Owners for the Network Upgrades to the JPP identified in Xxxxxxxx X-0, and not refunded to Interconnection Customer pursuant to Article 5.18.8 or otherwise, times APS’s percentage Ownership Interest in the JPP (“APS’s pro rata amount”), plus any tax gross-up or other tax- related payments associated with APS’s pro rata amount, to be paid to Interconnection Customer on a dollar-for-dollar basis for the non-usage sensitive portion of transmission charges, as payments are made under APS’s Tariff applicable to transmission services on APS’s Transmission System with respect to the Large Generating Facility. Such repayment shall include interest calculated in accordance with the methodology set forth in FERC’s regulations at 18 C.F.R. § 35.19a(a)(2)(iii) from the date of any payment for JPP Network Upgrades through the date on which the Interconnection Customer receives a repayment of such payment pursuant to this subparagraph. Interconnection Customer may assign such repayment rights to any person. Notwithstanding the foregoing, Interconnection Customer and APS may adopt an alternative payment schedule that is mutually agreeable so long as APS takes one of the following actions no later than five years from the Commercial Operation Date: (1) returns to Interconnection Customer any of its pro rata amounts advanced for JPP Network Upgrades not previously repaid, or (2) declares in writing that APS will continue to provide payments to Interconnection Customer on a dollar-for-dollar basis for the non-usage sensitive portion of transmission charges, or develop an alternative schedule that is mutually agreeable and provides for the return of all its pro rata amounts advanced for Network Upgrades not previously repaid; however, full reimbursement by APS of its pro rata amount shall not extend beyond twenty (20) years from the Commercial Operation Date, and further, if this Agreement terminates within five (5) years from the Commercial Operation Date, APS’s obligation to pay refunds to the Interconnection Customer shall cease as of the date of termination. If the Large Generating Facility fails to achieve Commercial Operation, but it or another Generating Facility is later constructed and makes use of the Network Upgrades, APS shall at that time reimburse Inter...
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Repayment of Amounts. Spent On Your Card And Payment Of Other Charges Transactions conducted by You or others that are allowed to use the Card will result in a debt being recorded on the Card Account. In addition, under this Agreement other charges may result, such as Interest, service charges and annual fees and these charges will be added to Your debt and will form part of the amount owed by You to VMBS. You agree to pay the Minimum Payment or the total amount of the debt to the VMBS, including interest, service charges and annual fees and all other applicable charges as provided by the Schedule of Credit Card Charges and Fees. Payments are applied towards Interest first and then to Fees, Previous Balance and Current Balance. Your monthly Statement will tell You the balance owing on Your Card Account and the relevant details. You must make the Total Minimum Payment on or before the Payment Due Date shown on Your monthly Statement. If You pay an amount less than the Total Minimum Payment by the Payment Due Date, other fees, interest and charges may apply. You authorize us to debit any account held by You with VMBS or any VM Group entity for all or any portion of the debt and/or any amounts due and outstanding on Your Card Account to settle Your Card Account Any past due or over-limit amounts must be paid as soon as You receive Your statement. Your Statement will also show the Total Balance owed on Your Card Account which You may pay by the Payment Due Date. If You pay more than the Total Balance owing shown on Your monthly statement, we will not pay You any interest on the credit balance.
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Repayment of Amounts. (a) The outstanding principal balance of the Notes (including, without limitation, all Disbursements evidenced thereby), together with all unpaid accrued interest thereon, and all other amounts payable by Borrower with respect to the Notes or pursuant to the terms of any other Loan Documents, shall be due and payable on the Maturity Date.
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Related to Repayment of Amounts

  • Payment of Amounts The Death Benefit payable on the death of the Owner, or after the death of the first Owner, or upon the death of the spouse who continues the Contract, will be distributed to the designated Beneficiary(s) as follows:

  • Payment of Amounts Due In the event of termination of this Agreement, each Party shall pay to the other Party all amounts due and owing pursuant to this Agreement prior to the effective date of termination.

  • Payments of Principal and Interest Prepayments Fees Section 3.01 Repayment of Loans 35 Section 3.02 Interest 35 Section 3.03 Alternate Rate of Interest 36 Section 3.04 Prepayments 37 Section 3.05 Fees 38 ARTICLE IV PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS

  • Application to Repayment Amounts (i) Subject to clause (ii) of this Section 5.2(c), the first proviso to Section 5.2(a)(i) and the first proviso to Section 5.2(a)(ii), (A) each prepayment of Term Loans required by Sections 5.2(a)(i) and (ii) (other than in connection with a Debt Incurrence Prepayment Event) shall be allocated to the Classes of Term Loans outstanding, pro rata, based upon the applicable remaining Repayment Amounts due in respect of each such Class of Term Loans (excluding any Class of Term Loans that has agreed to receive a less than pro rata share of any such mandatory prepayment and taking into account any reduction in the amount of any required Excess Cash Flow payment to any Class of Term Loans that have been subject to a Section 13.6(g) transaction), shall be applied pro rata to Lenders within each Class, based upon the outstanding principal amounts owing to each such Lender under each such Class of Term Loans and shall be applied to reduce such scheduled Repayment Amounts within each such Class in accordance with Section 5.2(d)(ii) and (B) each prepayment of Term Loans required by Section 5.2(a)(i) in connection with a Debt Incurrence Prepayment Event shall be allocated to any Class of Term Loans outstanding as directed by the Borrower (subject to the requirement that the proceeds of any Specified Debt Incurrence Prepayment Event shall in all cases be applied to prepay or repay the applicable Refinanced Indebtedness), shall be applied pro rata to Lenders within each such Class, based upon the outstanding principal amounts owing to each such Lender under each such Class of Term Loans and shall be applied to reduce such scheduled Repayment Amounts within each such Class in accordance with Section 5.2(d)(ii); provided that, with respect to the allocation of such prepayments under clause (A) above only, between an Existing Term Loan Class and Extended Term Loans of the same Extension Series, the Borrower may allocate such prepayments as the Borrower may specify, subject to the limitation that the Borrower shall not allocate to Extended Term Loans of any Extension Series any such mandatory prepayment under such clause (A) unless such prepayment is accompanied by at least a pro rata prepayment, based upon the applicable remaining Repayment Amounts due in respect thereof, of the Term Loans of the Existing Term Loan Class, if any, from which such Extended Term Loans were converted or exchanged (or such Term Loans of the Existing Term Loan Class have otherwise been repaid in full).

  • Date and Denomination of Notes; Payments of Interest and Defaulted Amounts (a) The Notes shall be issuable in registered form without coupons in denominations of $1,000 principal amount and integral multiples thereof. Each Note shall be dated the date of its authentication and shall bear interest from the date specified on the face of such Note. Accrued interest on the Notes shall be computed on the basis of a 360-day year composed of twelve 30-day months and, for partial months, on the basis of the number of days actually elapsed in a 30-day month.

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • Repayments Prepayments Interest and Fees SECTION 3.1.

  • Repayment of Proceeds If Executive engages in Competitive Activity, then Executive shall be required to pay to Investors, within ten business days following the Activity Date, an amount equal to the excess, if any, of (A) the aggregate proceeds Executive received upon the sale or other disposition of Executive's Units, over (B) the aggregate Cost of such Units.

  • Payment and Prepayment of the Notes Section 8.1.

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