Net Payments means an amount equal, at any time and from time to ------------- time and for each respective Subsidiary Guarantor, to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Subsidiary Guarantor in respect of the Liabilities, as a Subsidiary Guarantor, and in respect of its obligations contained in this Guaranty Agreement, less (ii) the sum of all such payments previously returned to such Subsidiary Guarantor by operation of law or otherwise and including payments received by such Subsidiary Guarantor by way of its rights of subrogation and contribution under Section 2.9 of any other Guaranty Agreements.
Net Payments means an amount equal, at any time and from time to time and for each respective Guarantor, to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Guarantor in respect of the Obligations and in respect of its obligations contained in this Agreement, less (ii) the sum of all such payments previously returned to such Guarantor by operation of law or otherwise and including payments received by such Guarantor by way of its rights of subrogation and contribution hereunder.
Net Payments means direct payments—
Examples of Net Payments in a sentence
We will determine the guaranteed rates from time to time for Net Payments, renewal amounts and amounts transferred to a fixed Investment Option.
You may change the allocation of subsequent Net Payments at any time, without charge, by giving us written notice in a form acceptable to us.
We will determine the guaranteed rate from time to time for Net Payments, renewal amounts and amounts transferred to a fixed Investment Option.
You may change the allocation of subsequent Net Payments at any time, without charge, by giving us notice in a form acceptable to us.
ALLOCATION OF NET PAYMENTS When we receive Payments, the Net Payments will be allocated among Investment Options in accordance with the allocation percentages shown on the Specifications Page.
More Definitions of Net Payments
Net Payments. As to any Distribution Date and Loan Group or Subgroup, the sum of the Net Principal Payment Amount and the Net Principal Prepayment Amount for such Distribution Date and Loan Group or Subgroup.
Net Payments. Section 2(c)(ii) of this Agreement will apply.
Net Payments means all revenue that you actually collect and receive from operating the Franchised Business, including all revenue received from the PC and/or pursuant to the Management Agreement, all services and products sold by you or the Franchised Business, all amounts that you receive at the Premises, and whether from cash, check, credit and debit card, barter exchange, trade credit, or other credit transactions, but excluding all federal, state, or municipal sales, use, or service taxes collected from customers and paid to the appropriate taxing authority. In the event the PC fails to pay you any revenues that it is obligated to pay you under the Management Agreement, the amounts that it fails to pay you shall nonetheless be included in the calculation of Net Payments.
Net Payments means the Consideration that Buyer or a Buyer Affiliate receives from Third Parties pursuant to a Qualifying License and that is attributable (as further described below) to Smart Antenna Intellectual Property or 802.11 Intellectual Property, minus Third Party commissions, taxes, direct expenses associated with the Qualifying Licenses (limited to travel and lodging costs associated with obtaining a Qualifying License on an unbundled basis and costs including attorneys’ fees, if any, related to enforcement or collection of a Qualifying License), the cost of packing, insurance, shipping and handling, applicable import, export and excise duties and sales tax (including VAT), and reduced by, returns, price protection credits, and trade discounts given to the customer in the normal course of business. Notwithstanding the foregoing, “Net Payments” shall equal, at a minimum, twenty five percent (25%) of such attributable Consideration. Consideration attributed to 802.11 Intellectual Property shall be calculated as follows:
Net Payments. Subject to this clause, payments in respect of the Notes shall be made free and clear of, and without deduction for, or by reference to, any present or future Taxes of any Australian Jurisdiction unless required by law.
Net Payments. All payments due Valley Springs shall not be reduced by any taxes, whether sales, use, ad valorum or otherwise, fees or other obligations, including royalties to third parties (all of which shall be the obligation of Hi-Tech), other than the payment by Valley Springs' members of income tax, which shall be paid by Valley Springs' members.
Net Payments. As to any Distribution Date and Loan Group in Aggregate Loan Group II, the sum of the Net Principal Payment Amount and the Net Principal Prepayment Amount for such Distribution Date and Loan Group.