Customer Prepay definition

Customer Prepay means a Host Customer’s exercise of its right under its Customer Agreement to prepay all of its obligations for the remainder of the term set forth therein.
Customer Prepay means a Host Customer’s exercise of any right under its Customer Agreement to prepay all of its obligations thereunder for the remainder of the term set forth therein.
Customer Prepay means a Host Customer’s exercise of any right under its Customer Agreement to prepay all of its obligations thereunder for the remainder of the term set forth therein.[***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and filed separately with the Securities and Exchange Commission.

Examples of Customer Prepay in a sentence

  • With respect to a given Project, upon receipt by the Borrower of (A) proceeds from a Host Customer in connection with a Customer Buyout, (B) proceeds from a Host Customer in connection with a Customer Prepay, (C) insurance/condemnation proceeds due to a “casualty event,” or (D) a down payment from a Host Customer in connection with the Minimum Lower Credit Requirements, 100% of such proceeds shall be transferred to the applicable Owner Account within two (2) Business Days of receipt of such proceeds.

  • Resolution authorizing the SVP/COO and VP, Engineering and Operations to execute and deliver one or more contracts for purchase of natural gas to supply gas service to MLGW customers, including gas quantities to be supplied to customers under MLGW's Large Customer Prepay Program and Gas Rate Schedule G-13, without prior approval the MLGW Board of Commissioners provided that the term of any such contract shall not exceed five years in length.

  • Customer Prepay: Except for benefits to District, customer shall prepay final engineering cost estimate; and where applicable that cost shall be cost of new plant less cost of the transformer plus costs of removal and/or relocation.2. Conversion to Underground: The objective shall be that the District will maintain an investment equal to the cost of overhead.

Related to Customer Prepay

  • Full Prepayment Any payment of the entire principal balance of a Mortgage Loan which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Partial Prepayment Any payment of principal on a Mortgage Loan, other than a Full Prepayment, which is received in advance of its scheduled Due Date and is not accompanied by an amount of interest representing scheduled interest due on any date or dates in any month or months subsequent to the month of prepayment.

  • Optional Prepayment shall have the meaning set forth in Section 2.10.

  • Partial Prepayment Amount means the amount required to prepay a portion of the Annual Special Tax obligation for an Assessor’s Parcel as described in Section H.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Loan Application is defined in Section 5.16(a).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • prepayment meter means a meter that can be programmed to allow the flow of pre-purchased amounts of energy in an electrical circuit;

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.

  • Principal Prepayment Any payment of principal or other recovery on a Mortgage Loan, including a recovery that takes the form of Liquidation Proceeds or Insurance Proceeds, which is received in advance of its scheduled Due Date and is not accompanied by an amount as to interest representing scheduled interest on such payment due on any date or dates in any month or months subsequent to the month of prepayment.

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.