Contractual Payments definition

Contractual Payments means the debt service installment payments required to be made by the Local Unit to the Authority pursuant to the provisions of Section 10 of the Contract and pledged to the payment of the principal of and interest on the Bonds authorized by the provisions of this resolution.
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Contractual Payments contain all cash benefits and benefits in kind (including variable remuneration components) Dr. von Boxberg obtained from Xxxxx lastly. Any other income Dr. von Boxberg receives during the Non-Compete Period (including but not limited to payments in connection with existing pension promises, compensation, unemployment benefits, company pensions and other pensions) or Dr. von Boxberg maliciously fails to receive shall be applied to the compensation in accordance with Section 74c of the German Commercial Code.
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Contractual Payments are the contractual right to receive a percentage of the gross proceeds of the crude oil, natural gas, condensate and other hydrocarbons produced and sold, free of cost and without reduction for drilling, development, operating, marketing or production expenses or other costs incident to the production and sale of hydrocarbons produced, except for production and severance taxes, if any.
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Examples of Contractual Payments in a sentence

  • In such event, the Trustee shall hold the Unpaid Contractual Payments amounts as principal under the Trust, together with income accrued thereafter on such principal until such time as such payment is (or payments are) payable to the Executive or forfeited by the Executive as set forth in this Section 2(c)(2).

  • Call N/R 875,904 1,595 Saint Louis Land Clearance for Redevelopment Authority, Missouri, Annual Appropriation Revenue Bonds, Contractual Payments of St Louis City Scottrade Center Project, Series 2018A, 5.000%, 4/01/38 4/27 at 100.00 A 1,788,362 8,785 Total Missouri 9,324,660 Nebraska – 0.7% (0.5% of Total Investments) 2,000 Central Plains Energy Project, Nebraska, Gas Project 1 Revenue Bonds, Series 2007A, 5.250%, 12/01/21 No Opt.

  • Additionally, in the event of Employee/Independent Contractor's death, the Company shall pay to Employee/Independent Contractor's wife, or his estate if she has predeceased him or is not married to him on the date of his death, Employee/Independent Contractor's accrued but unpaid Additional Contractual Payments for any uncompleted real estate projects under paragraph 6(b) and any amount due (and not previously paid) to Employee/Independent Contractor under paragraph 5.

  • Any portion of the Unpaid Contractual Payments not so directed for payment to the Company or to the Executive shall be held by the Trustee and, subject to any subsequent Certifications and Notices in accordance with this Section 2(c)(2), thereafter paid to the Executive in accordance with the Payment Schedule.

  • As finance charges in addition to interest as provided in paragraph 1 above, Borrower agrees to pay Lender Contractual Payments, as defined below, of seven percent (7%) from the twenty (20) existing wells in the Fairview Area (the "Exisxxxx Wells"), consisting of Fairview Wells Xxx.

  • Unless the Employee revokes the Amended Agreement, which he understands he may do within 7 days after signing as set forth in paragraph 12 below, he will be entitled to receive his Contractual Payments commencing seven (7) days following his execution of this Amended Agreement, retroactive to March 15, 2005 with the Contractual Payments continuing until paid in full through December 31, 2007.

  • In consideration for the below recited promises, the Company will pay Employee monthly Contractual Payments in the amount of $38,666.66 (hereafter "Contractual Payments") per month, with such Contractual Payments to commence on March 15, 2005 (monthly payment for March 2005 shall be pro rata from March 15, 2005 until March 31, 2005) and to continue through December 31, 2007.

  • Employee agrees that his entitlement to the Contractual Payments is expressly conditioned on his execution of this Amended Agreement.

  • In consideration for the below promises and covenants by Employee, the Company agrees to pay Employee Contractual Payments and subsequent Special Payments (collectively "Additional Contractual Payments").

  • The monthly Contractual Payments will be paid to Employee in two (2) equal installment payments on the 1st and 15th days of each month in Travis County, Texas, and shall be subject to standard xithholdings.

Related to Contractual Payments

  • Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

  • Payments has the meaning set forth in Section 8.11.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Termination Payments has the meaning specified in Section 10(a).

  • Overpayments as used in this Section include payments (i) made by the System Agency that exceed the maximum allowable rates; (ii) that are not allowed under applicable laws, rules, or regulations; or (iii) that are otherwise inconsistent with this Contract, including any unapproved expenditures. Xxxxxxx understands and agrees that it will be liable to the System Agency for any costs disallowed pursuant to financial and compliance audit(s) of funds received under this Contract. Xxxxxxx further understands and agrees that reimbursement of such disallowed costs shall be paid by Grantee from funds which were not provided or otherwise made available to Grantee under this Contract.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Restricted Debt Payments has the meaning set forth in Section 6.04(b).

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.