Annual Payment Amount definition

Annual Payment Amount shall have the meaning set forth in Section 2.7(c).
Annual Payment Amount means the amount paid directly by the municipality to the board of education under Section 2 of this agreement.
Annual Payment Amount means any payment made by the Buyer to the Sellers in a calendar year under Section 2(b)(ii) of this Agreement.

Examples of Annual Payment Amount in a sentence

  • Level Customer Specific Period Annual Payment Period Annual Payment Amount The amount the actual discounts are less than the combined guaranteed Retail, Mail, and Specialty discount amount.

  • The Annual Payment Amount will be based on the Base Payroll of “new employees” (hereinafter, the “Compensation”) located at the Project site as a result of the aforementioned CRA Agreement.

  • During each Exemption Year in which Company and/or Property Owner, as defined in the CRA Agreement, receives a real property tax benefit pursuant to the CRA Agreement, the City shall pay the Annual Payment Amount to the Board.

  • In the event that Student overpays their Annual Payment Amount, Funder will make a reconciliation to Student through the process described in Section 11.3.

  • Level Customer Specific Period Annual Payment Period Annual Payment Amount The amount the combined actual specialty drug discounts are less than the sum of the individual specialty drug discount targets as computed above.

  • As used in this Agreement, the following shall have the meanings set forth below: "Annual Payment Amount" shall mean the amount paid directly by the Municipality to the Board of Education under Section 2 of this Agreement.

  • Payments – Three Year Commitment Payment Schedule Annual Payment Amount Payment No. 1: Invoiced Start of Year One $ 643,714.03 Payment No. 2: Invoiced Start of Year Two $ 643,714.03 Payment No. 3: Invoiced Start of Year Three $ 643,714.03 Total 3 Year Cost for Annual Subscription & Support $ 1,931,142.09 Table 3.

  • Payments – Three Year Commitment Payment Schedule Annual Payment Amount Payment No. 1: Invoiced Start of Year One $ 338,539.27 Payment No. 2: Invoiced Start of Year Two $ 338,539.27 Payment No. 3: Invoiced Start of Year Three $ 338,539.27 Total 3 Year Cost for Annual Subscription & Support $ 1,015,617.81 Table 3.

  • Installment payments shall be mailed to the following address and shall correspond to the following “Rent Due / Payment Amount” schedule: FPL General Mail Facility Xxxxx, Xxxxxxx 00000-0000 Rent Due / Annual Payment Amount April 1st, 2019 $0 April 1st, 2020 $0 April 1st, 2021 $0 April 1st, 2022 $25,000 April 1st, 2023 $50,000 April 1st, 2024 $75,000 April 1st, 2025 $100,000 April 1st, 2026 $125,000 License Agreement - Form:1670624_3 Form Rev.

  • Level Customer Specific Period Annual Payment Period Annual Payment Amount The amount the actual discounts are less than the guaranteed discount amount for each individual component.


More Definitions of Annual Payment Amount

Annual Payment Amount means the amount paid directly by the City to the Board under
Annual Payment Amount means the payment made to the Sellers based upon meeting or exceeding benchmarks for Revenues as defined in §3(b)(iii) below.
Annual Payment Amount has the meaning set forth in the Call Agreement.
Annual Payment Amount means the payment made to the Sellers based upon meeting or exceeding benchmarks for Revenues as defined in
Annual Payment Amount set forth in the table above shall be paid in four installments, each in an amount equal to 25% of the applicable Annual Payment Amount for the relevant period. The first such installment payment for the first Annual Payment Amount set forth in the table above shall be made by Buyer on the First Installment Date, and the first installment of each subsequent Annual Payment Amount shall be made on the applicable anniversary date of the First Installment Date with respect to such Annual Payment Amount as set forth in the table above, and the second, third and fourth installments for each Annual Payment Amount shall be made on the 90th day, 180th day and the 270th day, respectively, after the first installment for such Annual Payment Amount is due (each such installment payment date, an “Annual Option Payment Date”); provided that at Buyer’s election during each of the first two years of Annual Option Payments, up to two Annual Option Payment installments (including, for the avoidance of doubt, the first Annual Option Payment installment for the first Annual Payment Amount set forth in the table above) in any twelve month period may be paid by delivery by Buyer to Seller of an unsecured promissory note, in form and substance reasonably satisfactory to Seller (the “Promissory Note”), having a principal amount equal to the applicable Annual Option Payment installment, bearing ten and one half percent (10.5%) interest per annum, and shall mature and become due and payable on the earlier of the Call Closing or the termination of this Agreement if the Annual Option Payment installment applicable to such note would be payable in connection with the termination, in accordance with and subject to
Annual Payment Amount means the amount paid directly by the Village to the School District under Section 2 of this Agreement.

Related to Annual Payment Amount

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Payment Amount as defined in Section 3.5.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Amortization Amount shall have the meaning provided in Section 5.2(c).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Principal Remittance Amount for such Distribution Date over (ii) the Excess Subordinated Amount, if any, for such Distribution Date.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Final Payment Percentage is five percent (5.00%).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.