Renewal Payment definition

Renewal Payment means such amount as Ofcom determines to be payable to it by the Licensee under Section 217(1)(a) of the Communications Act in respect of the first calendar year falling within the Renewal Period;
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Renewal Payment means the amount due for the Renewal Period, if any.
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Renewal Payment means the component of the M&R Payment that is designated in Schedule 14 (Payment Schedule) as the Renewal Payment;
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Examples of Renewal Payment in a sentence

  • Customer acknowledges that upon cancellation of this Vehicle Service Contract, Customer would assume all responsibility for any Mechanical Breakdowns or failures of the Vehicle listed on this Vehicle Service Contract.Electronic Contract Renewal Payment Policy: The Customer purchasing this Vehicle Service Contract has authorized a charge to a credit or card to deduct monies via electronic debit from a designated account on Contract Renewal Dates.

  • In addition, a Failed part must be outside the allowable tolerances prescribed by the manufacturer to be deemed a Failure.• Monthly Contract Renewal Term of Renewal Term means a period of one (1) month measured from Contract Renewal date if Renewal Payment has been received.

  • If a Contract Renewal Payment does not process electronically, Customer coverage and accrued limit of liability will be terminated unless Contract Renewal payment and any applicable administration fees are paid within 14 days of the expiration pursuant to previous one (1) month term.NOTE: This Contract is not eligible for transfer.

  • Customer may contact the Seller or Us to cancel the Vehicle Service Contract benefits and automatic electronic Contract Renewal Payment.

  • In all instances, if there is no Finance Company, the refundable amount will be paid to You, if there is a Finance Company, the refundable amount will be paid to the Finance Company.CANCELLATION POLICY: The Customer Vehicle Service Contract automatically renews unless the Customer cancels benefits or defaults on electronic Contract Renewal Payment, voluntarily or involuntarily.

  • Contract Renewal Payment must be received for this Contract to renew another one (1) month term.

  • Renewal Payment for applicants 65 years of age and older is $52.00.

  • The Grantee shall make the Renewal Payment provided in Paragraph 1 of this Subsection and, commencing with calendar year 2016, either (but never both) (i) make the Annual Payments as provided and calculated in Paragraph 2 of this Subsection, or (ii) provide for Unbilled Gas as provided and calculated in Paragraphs 3 of this Subsection.

  • If the registrar resigns their employment within 4 months of the commencement of the new fixed-term period of employment, the registrar must repay the Registrar Employment Renewal Payment received in accordance with this clause.

  • A minimum of 30% of the Annual Client Service Fee will be non-refundable in the event that the Agreement is terminated within seven (7) days of its start date or within seven (7) days following receipt of a Renewal Payment of the Annual Client Service Fee or the Renewal Date, whichever is the earlier.


More Definitions of Renewal Payment

Renewal Payment any of the monthly payments (or, in the case of quarterly Leases, the quarterly payments) received from a Lessee in connection with a Renewal.
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Renewal Payment means, with respect to any Lease Supplement, the payment required to be made pursuant to Section 4.1(b) of the Lease on the last day of the relevant Base Term or Renewal Term, as applicable, which payment shall be applied to reduce the applicable outstanding Lease Supplement Balance as of such date (after applying any Fixed Rent or Casualty Amount payable or to be paid on such date with respect to such Lease Supplement) to an amount not in excess of the aggregate Fair Market Value of the relevant Lease Supplement Equipment as of such date, but in each case only to the extent, if any, that such Lease Supplement Balance exceeds the Fair Market Value of such Equipment.
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Renewal Payment any of the monthly payments (or, in the case of non-monthly Leases, the applicable payments) received after the conclusion of the initial Lease term from a Lessee.
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Related to Renewal Payment

  • Renewal Term has the meaning set forth in Section 2.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.

  • Automatic Renewal Term has the meaning set forth in Section 10(a) hereof.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Renewal Terms means the renewal terms of a Property Schedule, each having a duration of one year and a term coextensive with Lessee's budget year.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Renewal Fee means the fee that Borrower must pay Coast upon renewal of this Agreement pursuant to Section 9.1 hereof, in the amount set forth on the Schedule.

  • Minimum Rent means the sum of Sixty-Six Million One Hundred Seventy-Six Thousand Five Hundred and Twenty-Six Dollars ($66,176,526) per annum; subject, in each case, to adjustment as provided in Section 3.1.1(b).

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Delta Payment means as it is described in this Agreement.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Extension Term means the time period defined in §2.C.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Base Rent As defined in Section 3.1.

  • Base Rental means the sum of Seven Hundred Nineteen Thousand Two Hundred Sixty-Eight and NO/100 Dollars ($719,268.00), payable by Tenant to Landlord in sixty (60) monthly installments as follows:

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • Additional Rental has the meaning set forth in Section 4.03.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Annual Renewal Date means the date in any calendar year, subsequent to the year in which the Policy comes into effect, corresponding numerically with the Policy Commencement date in that subsequent year.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).