Contract Payment definition

Contract Payment means, with respect to any Obligor, indebtedness of such Obligor arising under a Contract (whether constituting an account, chattel paper, a document, an instrument, a payment intangible or a general intangible), including the right to payment of any Scheduled Contract Payments, interest or finance charges and other obligations of such Obligor with respect thereto but excluding (i) any purchase option payments due or paid under a Lease upon the expiration of the scheduled term of such Lease as of such Advance Date, (ii) any Excluded Amounts due or paid thereunder, (iii) any fees collected on behalf of third parties and (iv) any related Residual or any realizations of such Residual, including scheduled payments on any Lease which become payable after the expiration of its scheduled term.

Contract Payment means each periodic installment payable by an Obligor under a Contract for rent, principal and/or interest, excluding all supplemental or additional payments required by the terms of such Contract with respect to sales or other taxes, insurance, maintenance, ancillary products and services, late fees, penalties, default interest and other specific charges.

Contract Payment is the amount we credit to the Accumulation Fund on the Deposit Date as set forth in the Schedule.

Examples of Contract Payment in a sentence

• Task order Awards will be populated into the Contract Payment Reporting Module (CPRM) via the Federal Procurement Data System (FPDS).

• Such sums may be recovered by the Department by means of a reduction to a monthly invoice payment otherwise payable to the Provider under the Contract Payment Method.

• All costs invoiced shall be supported by properly executed payrolls, time records, invoices, contracts, or vouchers evidencing in proper detail the nature and propriety of charges as described in Exhibit “F”, Contract Payment Requirements.

• The Contractor will be compensated in accordance with the payment terms outlined in the Contract Payment Terms and Scope of Work described in the Special Terms.

• If the Generating Facility is located in a “High-Value Area” as set forth below, each Monthly Contract Payment for the entire Term shall receive a Location Bonus calculated as follows: Location Bonus = Sum of monthly XXX Periodn Payments * 0.10 The Generating Facility shall be deemed to be located in a High-Value Area if it is interconnected to Buyer’s electric system at a location which, in the year of the Effective Date, is identified pursuant to CPUC D.

More Definitions of Contract Payment

Contract Payment means all payments to a Supplier under a FIT Contract including payments on account of the Total Contract Price multiplied by Hourly Delivered Electricity, and Peak Performance Factor, as applicable, determined for each Settlement Period in accordance with Exhibit B of the FIT Contract.

Contract Payment means the amount payable to the Contractor by the Authority under this Contract in respect of the Contractor's provision of the Contract Deliverables;

Contract Payment means any payment which the Obligor is required to make pursuant to a Contract after, with respect to the Initial Contracts, the Cut-off Date, other than (i) certain amounts included in such payments for which the Contributor is not the ultimate beneficiary thereof, including, but not limited to, property taxes, sales taxes, manufacturer's maintenance costs, insurance premiums and supplies and transaction costs and (ii) Purchase Option Payments.

Contract Payment means, with respect to any Contract, the minimum monthly or other periodic contractual rental or loan payment required to be made thereunder.

Contract Payment shall have the meaning set forth in Section 8.2 hereof.

Contract Payment has the meaning set forth in the definition of “Contract Payment Sale”.

Contract Payment or “CP” means the payment due from the IESO to the Service Provider under this Agreement, calculated in accordance with Schedule 1.