Payment Adjustment definition

Payment Adjustment means an adjustment to the Payment authorized under Section 10.2 and Schedule 18 (Technical Requirements) and summarized in Schedule 15 (Payment Adjustments Summary);
Payment Adjustment shall have the meaning set forth in Section 2.06.
Payment Adjustment means the Rate Differential multiplied by the Contract Receivable.

Examples of Payment Adjustment in a sentence

  • In addition, if compliance with the Dispatch Notice causes reduction of a market regulation transaction, the CAISO shall also pay the Owner the product of the Regulation Energy Payment Adjustment (REPA) amount, if applicable, and the MW of Regulation which Owner had scheduled but is unable to provide because of its compliance with the Dispatch Notice.

  • Each of the Contractor and the Province shall notify the other in a timely manner upon becoming aware of circumstances that give rise to a Payment Adjustment.

  • Failure by either party to give such notice in a timely manner shall not in any event disqualify the Province (or, in the case of the Traffic Volume Adjustment, the Contractor) from claiming the Payment Adjustment, but either party may assert against the other a claim for any damages resulting from the failure to give notice in a timely manner.

  • The Owing Party shall pay the Annual Payment Adjustment to the Owed Party on or before the Due Date.

  • The Province shall not be entitled to claim damages or indemnification in respect of specific events or circumstances which constitute (or would constitute, if the applicable threshold set out in the Technical Requirements were met) grounds for a Payment Adjustment (excluding Traffic Volume Adjustments).


More Definitions of Payment Adjustment

Payment Adjustment has the meaning set forth in Section 8.5(c).
Payment Adjustment means the adjustments to the Estimated Payments made in previous payment periods as set forth in Section 6.2 based on railroad weights obtained by the railroad carrying the Coal to the customers.
Payment Adjustment means, with respect to any Mortgage Loan (i) the adjustment of the amount of the Monthly Payment due on the Mortgage Loan which adjustment may result from the capitalizing of accrued and unpaid interest on such Mortgage Loan in accordance with the amortization schedule at the time applicable thereto and (ii) the adjustment of the Monthly Payment due on the Mortgage Loan which adjustment may result from the conversion, after the first ten years of the life of the Mortgage Loan, from a Monthly Payment representing interest only, to a Monthly Payment such that the principal outstanding balance of the Mortgage Loan will be fully amortized over the remaining life of such Mortgage Loan.
Payment Adjustment means an adjustment to any payment authorized under Section H7 of this Design Build Agreement and summarized in Schedule 14Payment Adjustments;
Payment Adjustment means an adjustment to be made to the Estimated Payments made with respect to previous payment periods as set forth in Section 6.2 based either on railroad weights or truck scale weights as determined pursuant to Section 5.3.
Payment Adjustment means, with respect to any HELOC, the adjustment of the amount of the Monthly Payment due on the HELOC in accordance with the terms of the related Mortgage Note.
Payment Adjustment means, with respect to the Series A Notes, the reduction in the amount due and payable at maturity, upon the occurrence of a Special Prepayment Event or upon acceleration as provided herein (i) in the case of the maturity of the Series A Notes with the Consideration determined in accordance with Schedule 2.02 to the Acquisition Agreement being a positive number, by an amount equal to the amount, if any, by which the Net Asset Adjustment exceeds the aggregate amount of the Consideration as so determined, (ii) in the case of the maturity of the Series A Notes with