Monthly Supplemental Payment definition

Monthly Supplemental Payment is defined in paragraph 6 of Annex B to the Master Lease.
Monthly Supplemental Payment with respect to each Due Date and each Financed Vehicle shall be an amount equal to (a) the sum of, as applicable, (i) the aggregate amount of any Guaranteed Payment, Repurchase Payment, Disposition Proceeds and Incentive Payments received by the Lessor, the Master Collateral Agent or the Trustee (including by deposit into the Collection Account or the Master Collateral Account) during the Related Month with respect to such Vehicle, (ii) the amount of any unpaid Guaranteed Payment or unpaid Repurchase Payment with respect to such Vehicle becoming a Delinquent Guaranteed Payment or Delinquent Repurchase Payment, as the case may be, during the Related Month, (iii) the amount of any Disposition Proceeds with respect to such Vehicle becoming Delinquent Disposition Proceeds during the Related Month, (iv) the amount of any unpaid Incentive Payments with respect to such Vehicle becoming Delinquent Incentive Payments during the Related Month, (v) if such Vehicle becomes a Casualty or ceases to be an Eligible Vehicle (other than as a result of the sale or other disposition thereof), in each case during the Related Month, the Net Book Value of such Vehicle calculated as of the earlier of the last day of such Related Month and the date such Vehicle is disposed of or becomes a Casualty, as applicable, and (vi) if such Vehicle was returned to its Manufacturer for repurchase or sold to any Person or otherwise disposed of, in each case during the Related Month, the excess, if any, of (A) the Net Book Value of such Vehicle, calculated as of the applicable Vehicle Lease Expiration Date, over (B) the sum of all amounts (other than Incentive Payments) payable in respect of such Vehicle pursuant to clause (i) above, less (b) the excess, if any, of (i) the aggregate amount of Disposition Proceeds, Guaranteed Payments or Repurchase Payments, as applicable, from the sale or other disposition of such Vehicle received by the Lessor, the Master Collateral Agent or the Trustee (including by deposit into the Collection Account or the Master Collateral Account) during such Related Month over (ii) the Net Book Value of such Vehicle, calculated as of the applicable Vehicle Lease Expiration Date.
Monthly Supplemental Payment has the meaning specified in Section 6(b) of Annex B to the Group IV Master Lease.

Examples of Monthly Supplemental Payment in a sentence

  • The choice of reference systems is always(98026) 305relatively optional in analytic geometry and there is no reason why this freedom and this partial arbitrariness should not exist in linguistics for the choice of intrinsic reference systems.

  • The period used to determine each nursing facility’s proportion of the total Medicaid Days is April 1, 2021, through September 30, 2021, as reported on each nursing facility’s User Fee Assessment Forms for that period.(b) Calculation of a Monthly Supplemental Payment.

  • Amounts to be paid or credited by the Transmission Administrator to the Generating Facility Owner on account of the Monthly LBC Payment, Monthly Incentive LBC Payment, and Monthly Supplemental Payment (collectively the “Payments”) will be paid in accordance with the Tariff by netting such amount from the Statement of Account for System Access Service.

  • In Scotland, where the Commission determines to carry out an interview of an individual suspected of committing an offence that person will be issued with a caution but under Scottish law no adverse inference may be drawn from a failure to answer questions.

  • In case that two separate customers are allocated to the exact same cluster of training data points, their personal characteristics Xi are still recognized and acknowledged resulting in diverse expected retention periods.


More Definitions of Monthly Supplemental Payment

Monthly Supplemental Payment has the meaning set forth in Section 6 of Annex B to the Group V Lease.
Monthly Supplemental Payment has the meaning assigned to in Section 6.1(a).
Monthly Supplemental Payment has the meaning specified in Section 6 of Annex B of the Series 1997 Lease.
Monthly Supplemental Payment with respect to each Due Date and each Financed Vehicle shall be an amount equal to (a) the sum of, as applicable, (i) the aggregate amount of any Guaranteed Payment, Repurchase Payment, Disposition Proceeds and Incentive Payments received by the Lessor, the Master Collateral Agent or the Trustee (including by deposit into the Collection Account or the Master Collateral Account) during the Related Month with respect to such Vehicle, (ii) the amount of any
Monthly Supplemental Payment is defined in Section 6 of Annex B of the Group I Lease.
Monthly Supplemental Payment with respect to each Due Date and each Financed Vehicle shall be an amount equal to, without double counting, (a) the sum of, as applicable, (i) the aggregate amount of any Guaranteed Payment, Repurchase Payment, Disposition Proceeds and Incentive Payments received by the Lessor, the Master Collateral Agent or the Trustee (including by deposit into the Collection Account or the Master Collateral Account) during the Related Month with respect to such Vehicle, (ii) the amount of any unpaid Guaranteed Payment or unpaid Repurchase Payment with respect to such Vehicle becoming a delinquent Guaranteed Payment due and owing from a Manufacturer but unpaid for 60 days or more from the date of Auction of the related Vehicle or delinquent Repurchase Payment due and owing from
Monthly Supplemental Payment is defined in SECTION 6 of Annex B to each of the Group III Leases.