Acceleration Payment Sample Clauses

Acceleration Payment. If Itau is obligated to make an Acceleration Payment (including a Type I Acceleration Payment or a Type II Acceleration Payment), then the amount Itau shall owe, in lieu of the amount that would have been due under the SMA in the absence of this MOA, shall be the sum of (i) the amount of the Reference Payment that would have been due for the Anniversary Year in which the Trigger Date occurred calculated using the Revenue Elements generated and incurred during the period from the last Anniversary Date to the Trigger Date, (ii) the Reference Payments that would be due but for the termination of the SMA for any Anniversary Dates subsequent to the Trigger Date calculated (without duplication of the amount under item (i)) using the Itau Revenue Percentage determined in accordance with item (i), (iii) for the Anniversary Year in which the Trigger Date occurs, the maximum Marketing Payments that could be due in such Anniversary Year less any Marketing Payments actually made in such Anniversary Year, and (iv) the maximum Marketing Payments that could be due in any subsequent Anniversary Years.
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Acceleration Payment. (a) On and after any date on which an Early Termination Date has been designated with respect to the Dexia Guaranteed Put Contract, and in consideration of the Buyers’ agreement to enter into the Transaction, Seller shall pay to each Buyer (i) such Buyer’s Acceleration Payment Percentage multiplied by (ii) an amount equal to the termination payment received by Seller under Section 6(e) of such Dexia Guaranteed Put Contract, which payment may be made in cash or satisfied in kind by delivery of Eligible Collateral posted under the Credit Support Annex securing such Dexia Guaranteed Put Contract. (b) On and after any date on which an Early Termination Date has been designated with respect to the Dexia Non-Guaranteed Put Contract, and in consideration of the Buyers’ agreement to enter into the Transaction, Seller shall pay to each Buyer (i) such Buyer’s Acceleration Payment Percentage multiplied by (ii) an amount equal to the termination payment received by Seller under Section 6(e) of such Dexia Non-Guaranteed Put Contract, which payment may be made in cash or satisfied in kind by delivery of Eligible Collateral posted under the Credit Support Annex securing such Dexia Non-Guaranteed Put Contract. (c) The obligation of Seller to pay an Acceleration Payment to each Buyer shall survive until the Senior Release Date notwithstanding the occurrence of any Repurchase Date of the Transaction and/or any acceleration, non-renewal or termination of the Transaction, in whole or in part. (d) If a Buyer has received an Acceleration Payment from Seller, such Buyer shall pay to Seller (or pay to the Dexia Guarantors on behalf of Seller) (i) such Buyer’s Acceleration Payment Percentage multiplied by (ii) the amount determined under Section 11.1(b)(x) of the Pledge and Administration Agreement and permitted to be paid in accordance with the Priority of Payments set forth therein (the “Subordinated Collateral Payment”), when such Subordinated Collateral Payment is due and owing by FSAM to the Dexia Guarantors.
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Acceleration Payment. In the event that the Obligations become due and payable in full pursuant to Subsection 9.1, FM Properties shall immediately pay Hibernia, in addition to all other amounts due hereunder, an acceleration premium equal to any amount which FM Properties would have been obligated to pay Hibernia in the case of a voluntary prepayment for the early termination of the Exchange Agreement pursuant to Section 3.2 hereof.
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Acceleration Payment. CPE shall pay RTEA Forty-Five Million Dollars ($45,000,000.00) in United States currency (the “Acceleration Payment”) in satisfaction of the acceleration and release under the TRA. The Acceleration Payment will be made in a single lump sum by a wire transfer of immediately available funds, to a bank account designated by RTEA, no later than 1 U.S. business day after the Effective Date, without deduction, withholding or set-off for any reason. Notwithstanding anything contained in the TRA, effective upon receipt of the Acceleration Payment, (a) neither RTEA nor CPE shall have any further payment obligations under the TRA and (b) CPE agrees it shall not be entitled to any repayments of any amounts paid by CPE hereunder or under the TRA for any reason.
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Acceleration Payment. In the event the trailing 15-day average dollar trading volume of Borrower’s Common Stock as measured on any given Trading Day exceeds $25,946 by 100% on any given Trading Day, then a $50,000.00 acceleration payment will be due to Lender within ten (10) days of the occurrence of such event.
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Acceleration Payment. Subject to Section 13.2 and RareGen not being in material breach of its obligations under this Agreement (where such breach is not cured (if able to be cured) within [***] ([***]) days following RareGen’s receipt of written notice of such breach), in the event of an FTS Event, Sandoz will pay RareGen the applicable Acceleration Payment within [***] ([***]) days after the end of such Calendar Quarter. Any Acceleration Payment shall be included in RareGen’s aggregate share of Net Profits received under this Agreement. Following December 31, 2019, Sandoz shall have the right to credit against any payments owed to RareGen under Section 6.3 the aggregate amount of all Acceleration Payments paid to RareGen under this Agreement.
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Acceleration Payment. Further in consideration for the waiver and General Release herein contained, the Company shall also provide Employee with an Acceleration Payment (as defined in the Employment Agreement) equal to cash in the collective amount of any Base Salary due the Employee prior to the Separation Date, any Bonus which Employee may have accrued but is unpaid prior to the Separation Date, and any vacation accrued but unpaid prior to the Separation Date. The Acceleration Payment shall be made within fifteen (15) days after the Separation Date.
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Acceleration Payment 
Sample 1

Related to Acceleration Payment

  • Non-Payment The Borrower or any other Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Obligation, or (ii) within three days after the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or (iii) within five days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or

  • Termination Payment The final payment delivered to the Certificateholders on the Termination Date pursuant to the procedures set forth in Section 9.01(b).

  • Termination Payments In the event of termination of the employment of Executive, all compensation and benefits set forth in this Agreement shall terminate except as specifically provided in this paragraph 4:

  • CONDITIONAL UPON PAYMENT 12.1 Where applicable, You agree that this Agreement is conditional upon Apollo being paid by the Travel Agent or Travel Wholesaler (Agent) who arranged this Agreement on Your behalf. You must pay Apollo any shortfall in the amount paid by You to the Agent and the amount that should have been paid to Apollo based on the applicable standard gross rental rate in respect of the Vehicle for the rental period.

  • Redemption Payments Upon receipt of monies paid to it by the Custodian with respect to any redemption of Series shares, pay or cause such monies to be paid pursuant to instructions by the appropriate Account or Institution.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Distributions Payable in Cash; Redemption Payments In the event that the Board of the Investment Company shall declare a distribution payable in cash, the Investment Company shall deliver to FTIS written notice of such declaration signed on behalf of the Investment Company by an officer thereof, upon which FTIS shall be entitled to rely for all purposes, certifying (i) the amount per share to be distributed, (ii) the record and payment dates for the distribution, and (iii) that all appropriate action has been taken to effect such distribution. Once the amount and validity of any dividend or redemption payments to shareholders have been determined, the Investment Company shall transfer the payment amounts from the Investment Company's accounts to an account or accounts held in the name of FTIS, as paying agent for the shareholders, in accordance with any applicable laws or regulations, and FTIS shall promptly cause payments to be made to the shareholders.

  • Payment Amounts The aggregate Payments to be made in any fiscal year shall not exceed an amount that is equal to the corresponding Appropriated Amount. (For example, for the Payments due on December 1, 2022 and on June 1, 2023, the aggregate maximum amount of such Payments would be determined by the Appropriated Amount determined for certification by December 1, 2021.) Furthermore, the amount of each such Payment shall not exceed the amount of Incremental Property Tax Revenues (excluding allocations of “back-fill” or “make-up” (payments from the State of Iowa for property tax credits or roll-back) actually received by the City from the Dubuque County Treasurer attributable to the taxable incremental valuation of the Property in the six (6) months immediately preceding the extant Payment due date.

  • Change in Control Payment The provisions of this Section 5 set forth certain terms of an agreement reached between the Executive and the Company regarding the Executive’s rights and obligations upon the occurrence of a Change in Control of the Company. These provisions are intended to assure and encourage in advance the Executive’s continued attention and dedication to his assigned duties and his objectivity during the pendency and after the occurrence of any such event. These provisions shall apply in lieu of, and expressly supersede, the provisions of Section 4(b) regarding severance pay and benefits upon a termination of employment, if such termination of employment occurs within 12 months after the occurrence of the first event constituting a Change in Control. These provisions shall terminate and be of no further force or effect beginning 12 months after the occurrence of a Change in Control.

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account. 8.4.2. Compensation shall not compensate the profit not received by the Client in the event that the Client had an intention to perform some action but has not performed it for some reason. 8.4.3. The Company shall not compensate non-pecuniary damage to the Client. 8.4.4. The Company adds a compensation payment to the Client trading account within one working day since the moment of making a positive decision on the dispute situation.

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