Damage Payment Amount definition

Damage Payment Amount means the dollar amount equal to (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) amounts collected by Buyer as Delay Damages pursuant to Section 2.4(a).
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Damage Payment Amount means the dollar amount equal to: (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) amounts collected by Buyer as Delay Damages pursuant to Section 2.4, provided, however, that if the Initial Delivery Date has been extended as provided in Section 2.3(c), then the Damage Payment Amount means the dollar amount equal to any amounts collected by Buyer as Delay Damages pursuant to Section 2.4, plus (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) any amounts collected by Buyer as Delay Damages pursuant to Section 2.4 after the original Initial Delivery Date Deadline.
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Damage Payment Amount means the dollar amount equal to: (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) amounts collected by Buyer as Delay Damages pursuant to Section 2.4(a), provided, however, that if the Initial Delivery Date has been extended as provided in Section 2.3(c), then the Damage Payment Amount means the dollar amount equal to any amounts collected by Buyer as Delay Damages pursuant to Section 2.4, plus (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) any amounts collected by Buyer as Delay Damages pursuant to Section 2.4(a) after the original Initial Delivery Date Deadline..
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Examples of Damage Payment Amount in a sentence

  • Except with respect to the Damage Payment Amount, the amount of Performance Assurance required under this Agreement is not a limitation of damages.


More Definitions of Damage Payment Amount

Damage Payment Amount means the amount set forth on the Cover Sheet.
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Damage Payment Amount means the U.S. dollar amount equal to the amount required to be posted as Performance Assurance pursuant to Section 5.1(a).
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Damage Payment Amount means, if Seller is the Defaulting Party, the dollar amount equal to: (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), less (b) amounts collected by Buyer as Delay Damages pursuant to Section 2.4(a), provided, however, that if the Initial Delivery Date Deadline has been extended as provided in Section 2.3(c), then the Damage Payment Amount means the dollar amount equal to (a) the amount required to be posted as Project Development Security pursuant to Section 10.4(a)(i), plus (b) $60/kW multiplied by the Payment Quantity, less (c) amounts collected by Buyer as Delay Damages pursuant to Section 2.4(a). If Buyer is the Defaulting Party, the Damage Payment Amount will be zero.
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Related to Damage Payment Amount

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

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

  • 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.

  • 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.

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

  • Payment Amount as defined in Section 3.5.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • 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.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

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

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

  • Allocation Amount means, as of the Closing Date, the Series 2017-2 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-2 Stated Principal Amount resulting from the issuance of additional Series 2017-2 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge- Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • 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.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

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

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Termination Payment has the meaning set forth in Section 6.03.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • 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.