Unitary Payment definition

Unitary Payment has the meaning given to it in paragraph 2 of Schedule 6 (Payment and Performance Mechanism);
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Unitary Payment the monthly charges payable to the Private Party in connection with the performance of its obligations included in the Services as calculated in accordance with Schedule 14 (Payment Mechanism), less those amounts that the NDoT is entitled to set-off in accordance with Schedule 14(Payment Mechanism);
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Unitary Payment means the payment made by the Institution to the private party in respect of the services provided by the private party;
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Examples of Unitary Payment in a sentence

  • The full range of services is paid for by means of a single Unitary Payment and Tariff Adjuster Mechanism which does not identify specific costs /contractual details.

  • Only part of each Unitary Payment can be applied to writing down the liability as it funds a mix of current services, financing costs and repayment of principal.

  • Such residual exposure is not acceptable where the Private Party’s liability (for example, for property damage) is or ought to be covered by any of the agreed Project Insurances (which are indirectly being paid for by the Institution through the Unitary Payment).

  • Service Costs Reflecting new services delivered in 2010-11 Financing Costs Effective costs of borrowing, interest Contingent Rent Inflationary costsLiability Repayment Writing down the PFI liabilityLifecycle Costs Reflecting new capital expenditure on the asset 2009-10 Unitary Payment BreakdownThe Unitary Payments are primarily funded from grants received from the Department of Communities and Local Government but the Council also contributes to the costs.

  • The Estimate shall include the opinion of the Private Party on:- any impact on the provision of the Services; any amendment required to this as a result of the Variation; and any estimated revision to the Unitary Payment that result directly from the Variation.

  • The assets will be made available to the Council over a specified period (the service concession period) and in return the Council will make regular payments to the contractor over this period (the Unitary Payment).

  • A new patient card needs to be issued to a patient whenever the patient’s name, diagnosis information, inhibitor status or treatment plan changes.Patient cards can be ordered in 2 ways:• An ABDR user at a patient’s primary HTC can order a patient card for the patient.

  • The annual Unitary Payment has to be broken down into five separate components reflecting what is being funded.

  • If either Party disputes all or any part of the fees or charges comprising the Unitary Payment payable by the NDoT to the Private Party or any Penalties due by the Private Party pursuant to this Agreement, the undisputed amount shall be paid, and the provisions of this Clause shall apply.

  • If the Authority gives the Contractor such notice (the Continuation Notice), then: the Authority shall pay to the Contractor the Monthly Unitary Payment from the day after the date on which this Agreement would have terminated under clause 45.5 (Unable to Agree) as if the Services were being fully provided; and this Agreement will not terminate until expiry of written notice (of at least [twenty (20)] Business Days) from the Authority to the Contractor that it wishes this Agreement to terminate.


More Definitions of Unitary Payment

Unitary Payment has the meaning given to it in the PPP Agreement.
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Unitary Payment means the all-inclusive amount to be paid by the Contracting Authority to the Successful Bidder for delivery of the Project as per the PPP Agreement;
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Related to Unitary Payment

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Interest Charges means, for any period, the sum of: (a) all interest, charges and related expenses payable with respect to that fiscal period to a lender in connection with borrowed money or the deferred purchase price of assets that are treated as interest in accordance with GAAP, plus (b) the portion of Capitalized Lease Obligations with respect to that fiscal period that should be treated as interest in accordance with GAAP, plus (c) all charges paid or payable (without duplication) during that period with respect to any Hedging Agreements.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal franchise or income taxes paid or due to be paid during such period.

  • Tax Revenue means, with respect to the Project Area, (a) those tax revenues referred to (1) in the last sentence of the first paragraph of Article VIII, Section 12 of the Constitution of the State and (2) in Section 18-2147, Reissue Revised Statutes of Nebraska, as amended, and (b) all payments made in lieu thereof.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Consolidated Depreciation and Amortization Expense means with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Minimum Interest Charge has the meaning given in Section 2.2(b).

  • 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.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Consolidated Income Tax Expense means, for any period, all provisions for taxes based on the gross or net income of Borrower (including, without limitation, any additions to such taxes, and any penalties and interest with respect thereto), and all franchise taxes of Borrower, as determined on a Consolidated basis and in accordance with GAAP.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • MUNICIPAL TAXABLE INCOME means the following:

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Tax Rate means the rate imposed under section 51 of the income tax act of 1967, 1967 PA 281, MCL 206.51, for the tax year in which the tax year of the taxpayer for which the credit is being computed begins.

  • Consolidated Interest Charges means, for any period, for the Consolidated Group, all interest expense, including the amortization of debt discount and premium, the interest component under capital leases and the implied interest component under Securitization Transactions, in each case on a consolidated basis determined in accordance with GAAP.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.

  • REMIC I Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTA4, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, REMIC I Regular Interest I-LTM5, REMIC I Regular Interest I-LTM6, REMIC I Regular Interest I-LTM7, REMIC I Regular Interest I-LTM8, REMIC I Regular Interest I-LTM9 and REMIC I Regular Interest I-LTM10 and the denominator of which is the aggregate Uncertificated Balance of REMIC I Regular Interest I-LTA1, REMIC I Regular Interest I-LTA2, REMIC I Regular Interest I-LTA3, REMIC I Regular Interest I-LTM1, REMIC I Regular Interest I-LTM2, REMIC I Regular Interest I-LTM3, REMIC I Regular Interest I-LTM4, REMIC I Regular Interest I-LTM5, REMIC I Regular Interest I-LTM6, REMIC I Regular Interest I-LTM7, REMIC I Regular Interest I-LTM8, REMIC I Regular Interest I-LTM9, REMIC I Regular Interest I-LTM10 and REMIC I Regular Interest I-LTZZ.

  • Consolidated Tax Expense means, for any period, the tax expense of Holdings and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Income Taxes means any taxes measured, in whole or in part, by net or gross income or profits together with any interest, penalties or additions to tax.