Residual Payment definition

Residual Payment means any amount received either by the Servicer or the Trustee as a Purchase Option Payment under a Contract or proceeds of the sale of an item of Equipment subject to the lien of the Indenture or rental payments from the re-leasing of an item of Equipment subject to the lien of the Indenture after the final Contract Payment due and payable under the initial terms of the Contract to which such item of Equipment is subject is made.

Residual Payment with respect to an account means the aggregate amount collected with respect to such account, less the sum of (i) the Initial Payment with respect to such account, (ii) the KBK Discounts (as hereinafter defined), (iii) any and all attorneys' fees and other costs of collection.

Residual Payment means the commission payment which is paid by Ameritech over time, and the time period for payment is established by Ameritech based on contract term or other factors relevant to the sale. Ameritech determines the amount and payment schedule in its sole discretion.

Examples of Residual Payment in a sentence

• Eurex Clearing AG shall be entitled to set off any of its cash claims under a specific Standard Agreement (other than an OTC IRS FCM Client Standard Agreement) against other cash claims of the Clearing Member or Basic Clearing Member under that Standard Agreement, in each case excluding Settlement Claims in cash and Residual Payment Claims (each as defined in Paragraph (b) below).

• CWF HUBC and HUDC (HBBC and HBDC for BDS) claims allow for a 1-byte field (Residual Payment Indicator) at the claim header level and at the detail level.

• In order for the residual payment to occur, CWF performs the following functions: CWF HUIP, HUOP, HUHH, HUHC (HBIP, HBOP, HBHH, and HBHC for BDS) claimsallow for a 1-byte field (Residual Payment Indicator) at the claim header level.

• Eurex Clearing AG shall be entitled to set off any of its cash claims under a specific Standard Agreement against other cash claims of the Clearing Member or Basic Clearing Member under that Standard Agreement, in each case excluding Settlement Claims in cash and Residual Payment Claims (each as defined in Paragraph (b) below).

• Eurex Clearing AG shall be entitled to set off any of its cash claims under a specific Standard Agreement (other than a FCM Client Standard Agreement) against other cash claims of the Clearing Member or Basic Clearing Member under that Standard Agreement, in each case excluding Settlement Claims in cash and Residual Payment Claims (each as defined in Paragraph (b) below).

More Definitions of Residual Payment

Residual Payment means the RC1 Payments and the RC2 Payments. "Secured Amounts" has the meaning ascribed thereto in the Deed of Charge. "Secured Parties" has the meaning ascribed thereto in the Deed of Charge. "Securities Act" means the United States Securities Act of 1933, as amended.

Residual Payment with respect to an account means the aggregate amount collected with respect to such account, less the sum of (i) the Initial Payment with respect to such account, (ii) the MCF Discounts (as hereinafter defined), (iii) any and all reasonable attorneys’ fees and other costs of collection.

Residual Payment means the amount of that certain payment obligation described on Section 1.01(f) of the CarVal Disclosure Schedule in respect of the fiscal year ending December 31, 2022, which amount may be zero.

Residual Payment means a payment to an Eligible Claimant from any funds remaining in the Net Available Fair Fund after the payment of the Recognized Claim Amounts of Eligible Claimants.

Residual Payment means the final residual payment required to be paid by Obligee to Lender under the Purchase Agreement.

Residual Payment means the monies payable by the Contractor to the Commissioner in respect of the property provided to the Contractor, minus the cost of providing the Services, in accordance with the Contract.

Residual Payment means the RC1 Payments and the RC2 Payments.