Participation Payments definition

Participation Payments means a payment by UKPN in consideration of the Provider making the DER Unit available for participation in Wave 1, as calculated under Part 2a of Schedule 2 (Payments);
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Participation Payments means the sum of the Tier 1 Participation Payments and the Tier 2 Participation Payments.
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Participation Payments means, collectively, Profit Participation and the Fixed Profit Payments.
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Examples of Participation Payments in a sentence

  • Every hour that a DER Unit is available will contribute towards its Participation Payments.

  • Participation Payments will be made in line with a monthly settlement process where the cumulative number of hours for which a DER Unit was available will be calculated and settled accordingly, in line with the Table 1 below.

  • Specifically, the total number of hours a DER Unit has been available for will be summed, the Participation Payments deduced in line with these hours, and any existing payments made will be subtracted so that only the difference is paid to the DER Provider.

  • Any Revenue Participation Payments or other payments due as a result of any material produced during the term of this Agreement shall continue to be due and payable regardless of the termination or non- renewal of this Agreement.

  • Reactive Service payments for DER will include: Participation Payments (linked to overall availability in Wave 1 of the trials), and Market Revenues (from payments for availability and utilisation during Waves 2 and 3).

  • Before a DER can participate in the Optional Technical Trials (which Participation Payments are linked to, see below) it must first complete a period of Mandatory Technical Trials (for which no payments are to be made to DER).

  • Participation Payments will be made in line with the monthly settlement process where the cumulative number of hours a DER was available for will be calculated and settled for accordingly, in line with Table 2 below.

  • Any funds made available to the Program other than Participating MS4 Costs and Payments (pursuant to Section 6.b.) or Public Participation Payments (pursuant to Section 6.c.) shall be dedicated to reducing the annual costs of each MS4 participating in the Program, except as a majority of the voting members of the Steering Committee may decide.

  • Any disputes with respect to the calculation of any payment amounts in this Section 2.5 shall be resolved by means of the process set forth in this Section 2.5. For the avoidance of doubt, hypothetical examples of the calculation of Participation Payments are set forth in Exhibit C hereof.

  • Purchaser shall retain such records with respect to the Participation Payments for at least seven (7) years from each such payment.


More Definitions of Participation Payments

Participation Payments means the
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Participation Payments means with respect to each of the fiscal years of LaBaxxx xxxing in June, 1999 through 2003 the amount (if any) which the product of (i) 35% of the net income of Acquisition Sub for such year (calculated as provided on Schedule I hereto) as determined by the independent accountants then auditing LaBaxxx'x xxxancial statements times (ii) a fraction, the numerator of which is the aggregate principal amount of Convertible Notes outstanding at the end of such fiscal year, and the denominator of which is $5.8 million (the "Fraction") exceeds the product of $435,000 times the Fraction.
Sample 1
Participation Payments has the meaning set forth in Section 2.5(c).
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Participation Payments has the meaning given to that term in clause 8.1
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Related to Participation Payments

  • Participation Amount as defined in Section 3.4(b).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Termination Payments has the meaning specified in Section 10(a).

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

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