Quarterly Amount definition

Quarterly Amount has the meaning ascribed to it in Section 4 hereof;

Quarterly Amount shall have the meaning specified in Section 5(a) hereof.

Quarterly Amount is described in SCHEDULE 8.

Examples of Quarterly Amount in a sentence

• Agency will disburse the Grant Funds using its Electronic Grants Management System (“EGMS”), on a quarterly basis as outlined below: Disbursement Date Quarterly Amount July 1 25% of funds allocated October 1 25% of funds allocated January 1 25% of funds allocated April 1 25% of funds allocated If this Grant is not fully executed by July 1, annually, the Agency will disburse the Grant Funds within 30 days of the Execution Date.

• This contract was entered into on April 1, 1960 and in some appeals a little later.

• Within twenty-one (21) days of the end of each calendar quarter, OLG shall pay to the Municipality the Quarterly Amount in respect of such quarter.

• Rectification Costs incurred by the State.For the avoidance of doubt, the Post Termination Quarterly Amount can be an amount that is less than zero.

• If any Post Termination Quarterly Amount is less than zero then it will be carried forward and will be set off against any future positive Post Termination Quarterly Amount or other elements of the Default Termination Payment.

• For these reasons, it is my view untenable to read into clause 4.2 a provision that, if the company fails to pay the Quarterly Amount into the account on a Funding Date, the amount thereupon ceases to be payable.

• To the contrary, those paragraphs provide only for the Quarterly Amount payable on the following Funding Date or on each subsequent Funding Date to be increased.

• One argument advanced by the mining company is that, unless the amount added to the Quarterly Amount for the following Funding Date pursuant to paragraph (b) or (c) is also subtracted from the amount that was payable on the Missed Funding Date, then, when the following Funding Date arrives, the same amount will be payable twice over.

• Having previously been adjusted upwards to £1,250,000, the Quarterly Amount payable on 30 June 2016 must now be readjusted downwards to zero.

• Accordingly, if on the next Funding Date the full Quarterly Amount that falls due on that date is paid, then both obligations to pay the amount outstanding from the original date will have been simultaneously discharged.

More Definitions of Quarterly Amount

Quarterly Amount means the quantity of coal scheduled to be supplied by SELLER to PURCHASER during a Quarter.

Quarterly Amount means an amount equal to $785,714.29 for each Repayment Date.

Quarterly Amount means each amount calculated on each Quarterly Date as follows: EUR 200,000,000 x Max(0; Rate) x Day Count Fraction

Quarterly Amount has the meaning attributed to it in Section 2.1.

Quarterly Amount has the meaning specified in Section 6.12(b)(ii) of this Agreement.

Quarterly Amount has the meaning specified in Section 5.01.