Adjusted Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits assumed by Purchaser pursuant to Section 2.2, minus (y) the Purchase Price, each as set forth on the Final Closing Statement.
Adjusted Payment Amount shall have the meaning specified in Section 3.3(a).
Adjusted Payment Amount means as of the Closing Date (x) the aggregate balance (including Accrued Interest) of the Deposits and Accrued Liabilities, minus (y) the Purchase Price, each as set forth on the Final Closing Statement. For avoidance of doubt, the Adjusted Payment Amount may be a negative amount.
Examples of Adjusted Payment Amount in a sentence
If, within ninety (90) calendar days after the final determination of the Adjusted Payment Amount in accordance with the procedures set forth in Section 3.3, Purchaser and Seller fail to agree on such allocation, any disputed aspects of such allocation shall be resolved by a nationally recognized independent accounting firm mutually acceptable to Purchaser and Seller.
Review of a Notice by Mortgage Holder of Adjusted Payment Amount which is filed more than 120 days following confirmation.
In the event that an Adjusted Payment Amount is payable, the Payment Schedule shall be adjusted in a mutually acceptable manner to modify the annual amounts payable and/or the number of annual payments and/or the timing of the payments, so as to account for the additional consideration on a net-present-value basis.
If the Reconstruction Costs are $1,500,000.00, then the Adjusted Payment Amount shall be $1,000,000.00.
By way of example, if the Reconstruction Costs are $2,800,000.00, then the Adjusted Payment Amount shall be $400,000.00 (i.e., 50% of $3,600,000.000 - $2,800,000.00).
More Definitions of Adjusted Payment Amount
Adjusted Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits, minus (y) the Purchase Price, each as set forth on the Final Closing Statement. For avoidance of doubt, the Adjusted Payment Amount may be a negative amount.
Adjusted Payment Amount means, for each Adjusted Principal Period, ----------------------- the product of (i) the sum of all principal payments made during such Adjusted Principal Period (excluding any Prepaid Amount), and (ii) the Adjustment Multiplier at the Payment Date occurring for such Adjusted Principal Period.
Adjusted Payment Amount. $_________ Reason: [______] Review Coordinator initial if honorarium has been modified as specified. For CNCS Use Period of Performance: April 30 – May 21, 2018 Office of Grants Policy and Operations, Review Coordinator: Printed Name: Xxxxxx Xxxxxx Signature: Date: (Certifies all requirements for this review have been met by the Reviewer) Office of the Chief Financial Officer, Executive Officer: Printed Name: Xxxxxxx Xxxxx (or designee) Signature: Date: (Certifies Reviewer is paid from funds delineates for this purpose)
Adjusted Payment Amount means an amount calculated in the same manner as the Payment Amount, except that such amount shall be calculated to take into account (w) transactions occurring between the Valuation Date and the Transfer Date, (x) any transactions that were unposted or unaccounted for as of the Transfer Date, including without limitation payments, credits, unallocated items, errors and other similar items relating to periods ending on or prior to the Transfer Date but posted to the Accounts after the Transfer Date, (y) the resolution on or after the Transfer Date of Cardholder Disputes, provided, however, that nothing herein shall limit Seller’s ability to pursue its chargeback rights against the Company as set forth in the Existing Merchant Services Agreement related to disputes (other than credit disputes) pending on the Transfer Date, and (z) information which became known to the parties which would (i) cause an Account to be classified as of the Transfer Date as an Ineligible Account or (ii) cause any portion of an Account Balance to be classified as Ineligible Account Dollars as of the Adjustment Date due to matters arising on or before the Transfer Date. It is understood that the Transfer Date will occur in the middle of a Cycle for most Accounts. In order to determine the Adjusted Payment Amount as contemplated by this definition, Purchaser and Seller will, prior to the Adjustment Date, cooperate and in good faith mutually determine whether the circumstances giving rise to such adjustment (each, an “Adjustment Event”) occurred on or prior to the Transfer Date. Purchaser and Seller shall each provide such documentation as the other may reasonably request to validate its determination with respect to the timing of any disputed Adjustment Event hereunder.
Adjusted Payment Amount means (x) the aggregate balance (including Accrued Interest) of the Deposits minus (y) the Purchase Price (as it may be adjusted pursuant to Section 3.4 and as otherwise provided herein), each as set forth on the Final Closing Statement. For avoidance of doubt, the Adjusted Payment Amount may be a negative amount.
Adjusted Payment Amount means the amount by which the aggregate balance (including Accrued Interest) of the Deposit Liabilities transferred to Purchaser as of the close of business on the Closing Date exceeds the Asset Price as of the close of business on the Closing Date.
Adjusted Payment Amount. Adjusted Payment Amount" shall mean the amount to be paid by the Purchaser to the Seller Corporations pursuant to Section 1.3(a)(i), as reduced in accordance with the terms of Sections 4.7 and 4.8.