Prepaid Amounts definition

Prepaid Amounts means all prepaid insurance premiums, rentals, utility charges, and deposits and other prepaid amounts paid prior to the Effective Time relating to the time period from and after the Effective Time.
Prepaid Amounts shall have the meaning assigned to such term in Section 10.01.
Prepaid Amounts means, as of the Measurement Time on the Closing Date, the sum of (i) (a) all amounts of prepaid rent paid by NuStar with respect to the operations at the Statia Facility or by any member of the Company Group, in each case, to any third-party lessors (i.e., leased housing), for any period following the Closing minus (b) all amounts of prepaid rent received by NuStar with respect to the operations at the Statia Facility or by any member of the Company Group, in each case, from tenants (i.e., school property), for any period following the Closing; plus (ii) (a) all amounts of prepaid payments for services to be received by any member of the Company Group following Closing from its vendors minus (b) all amounts of prepaid payments received by any member of the Company Group for terminal services or other goods and services to be provided by any member of the Company Group following Closing each as included in the calculation set forth on Annex I. For the avoidance of doubt, prepaid amounts related to leased real property or equipment according to Topic 842 at Closing will be included in Prepaid Amounts consistent with accounting practices prior to Topic 842.

Examples of Prepaid Amounts in a sentence

  • If the Satellite becomes a Total Loss after the Prepayment Date and before the end of the Orbital Performance Incentive Period, Contractor shall refund to Purchaser, within 30 days of invoice from Purchaser, the balance of all Prepaid Amounts of unearned Orbital Performance Incentives plus interest thereon calculated from the IOT Complete Date until the date of payment at an annual interest rate of [***] percent ([***]%), compounded [***].

  • Purchaser shall reimburse Seller for the Estimated Prepaid Amounts at the Closing.

  • Purchaser may invoice Contractor no more frequently than once per [***] for Prepaid Amounts of Orbital Performance Incentives that are not subsequently earned during the invoice period.

  • The Obligors acknowledge and agree that such Prepaid Amounts shall not constitute prepayments of interest or payments of unmatured interest, whether under section 502(b)(2) of the United States Bankruptcy Code or otherwise, but constitute payments of additional amounts that are part of the Repayment Amount and that are reasonably calculated to ensure that the Purchasers receive the benefit of their bargain under the terms of this Agreement.

  • All cash, cash equivalents, securities and other equity interests (other than equity interests in the Acquired Companies), credit cards and bank accounts (including all security deposits, xxxxxxx deposits and other deposits), other than the Business Cash or Prepaid Amounts.


More Definitions of Prepaid Amounts

Prepaid Amounts means all prepayments, prepaid charges, deposits, sums and fees Related to the Business or held in respect of the Purchased Assets.
Prepaid Amounts has the meaning provided in Section 2.5(a).
Prepaid Amounts means all of the pre-paid fees and expenses and/or deposits as of the Closing Date relating to the Assumed Contracts, Assumed Office Leases or other Acquired Assets (other than the assets described in Section 2.1(a)), excluding any amounts paid or payable to Seller Parties or any of their Affiliates.
Prepaid Amounts are the amounts specified in Section 2.2(c) and Section 2.2(f).
Prepaid Amounts means all amounts prepaid by Axidata relating solely to the Purchased Business, but not including any prepaid amounts or part thereof in respect of which the Purchaser will derive no benefit.
Prepaid Amounts means the aggregate sum of all prepaid expenses, other current assets of ongoing benefit to the Targets, and deposits relating to the Business, including without limitation all prepaid Taxes, all prepaid workers compensation, all prepaid charges for or purchases of water, gas, oil, hydro and other utilities, all prepaid insurance premiums and all prepaid lease payments, but excluding income Taxes and calculated in accordance with IFRS;