Next Payment definition

Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.
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Next Payment means, in respect of each Next Payment Date, the Base Currency Equivalent of any payments due to be made by Party A under Section 2(a) (after taking account of any applicable netting under Section 2(c)) on such Next Payment Date.
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Next Payment means, in respect of each Next Payment Date, the greater of (i) the aggregate amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less the aggregate amount of any payments due to be made by Party B under Section 2(a) on such Next Payment Date (any such payments determined based on rates prevailing the date of determination) and (ii) zero.
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Examples of Next Payment in a sentence

  • The amount of each subsequent payment must be determined by this formula: CE-CV Next Payment = ---------- ……..

  • The first renewal of this Rental Agreement is the date stated in the Terms and Conditions section as Next Payment Due 1st of.

  • The amount of subsequent payments must be determined by the following formula: Next Payment = [RB − CV]/Y where RB is the most recent estimate of the required trust fund balance for corrective action (i.e., the total costs that will be incurred during the second half of the corrective action period), CV is the current value of the trust fund, and Y is the number of years remaining in the pay-in period.

  • Due Dates of Interest Payments :(1) Due Date of Next Payment :(2) Due Date thereafter :3.

  • Mathematically, the for- mula is Next Payment = (Current Closure Esti- mate ¥ Current Value of the Trust Fund) Divided by Years Remaining in the Pay-In Period.


More Definitions of Next Payment

Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) of the Master Agreement on such Next Payment Date less any payments due to be made by Party B under Section 2(a) of the Master Agreement on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c) of the Master Agreement) and (ii) zero.
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Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by the Pledgor pursuant to Section 2(a) on such Next Payment Date less any payments due to be made by the Secured Party under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.
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Next Payment means, in respect of each Next Payment Date, the greater of (i) any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (any such payments determined based on rates prevailing on such Valuation Date) and (ii) zero.
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Next Payment means, in respect of each Next Payment Date, an amount (never less than zero) equal to the excess of the aggregate amount of any payments due to be made by Cap Provider under Section 2(a) of the CSA Form on such Next Payment Date over the aggregate amount of any payments due to be made by Counterparty under Section 2(a) of the CSA Form on such Next Payment Date (any such payments determined based on rates prevailing the date of determination).
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Next Payment means, in respect of each Next Payment Date, the greater of:
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Next Payment means, in respect of a Relevant Transaction and each Next Payment Date under such Relevant Transaction, the greater of (i) the Base Currency Equivalent of any payments (excluding exchanges of notional) due to be made by Party A in respect of such Relevant Transaction under Section 2(a) on such Next Payment Date less the Base Currency Equivalent of any payments due to be made by Party B in respect of such Relevant Transaction under Section 2(a) on such Next Payment Date and (ii) zero;
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Next Payment means, in respect of each Next Payment Date, the greater of (i) the aggregate amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less the aggregate amount of any payments due to be made by Party B under Section 2(a) on such Next Payment Date (any such payments determined based on rates prevailing the date of determination) and (ii) zero.REFERENCE NUMBER: FXNEC9863Page 10 of 13
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