CALCULATION OF FINAL PAYMENT AMOUNT Sample Clauses

CALCULATION OF FINAL PAYMENT AMOUNT. The Final Payment Amount is equal to (i) the Stipulated Amount; (ii) plus all accrued but unpaid interest thereon (if any) pursuant to Section 3.2.2; (iii) less all partial payments of the Stipulated Amount made by EDISON pursuant to Section 3.2.3 or otherwise; (iv) adjusted by the Interim Payment Amount (if any), as defined below. If the Interim Payment Amount, as defined below, is greater than zero, then such amount shall be subtracted from the Final Payment Amount as follows: (a) 90 % of the Interim Payment Amount if the Final Payment Date occurs on or before December 31, 2001; (b) 65% of the Interim Payment Amount if the Final Payment Date occurs between January 1, 2002 and March 31, 2002, inclusive; (c) 40% of the Interim Payment Amount if the Final Payment Date occurs between April 1, 2002 and June 30, 2002, inclusive; (d) 15% of the Interim Payment Amount if the Final Payment Date occurs between July 1, 2002 and September 30, 2002, inclusive; and (e) 0% of the Interim Payment Amount if the Final Payment Date occurs after September 30, 2002. If the Interim Payment Amount, as
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CALCULATION OF FINAL PAYMENT AMOUNT. The Final Payment Amount is equal to (i) the Stipulated Amount; (ii) plus all accrued but unpaid interest thereon (if any) pursuant to Section 3.2.2; (iii) less all partial payments of the Stipulated Amount made by EDISON pursuant to Section 3.2.3 or otherwise; (iv) adjusted by the Interim Payment Amount (if any), as defined below. If the Interim Payment Amount, as defined below, is greater than zero, then such amount shall be subtracted from the Final Payment Amount as follows: (a) 90 % of the Interim Payment Amount if the Final Payment Date occurs on or before December 31, 2001; (b) 65 % of the Interim Payment Amount if the Final Payment Date occurs between January 1, 2002 and March 31, 2002, inclusive; (c) 40 % of the Interim Payment Amount if the Final Payment Date occurs between April 1, 2002 and June 30, 2002, inclusive; (d) 15 % of the Interim Payment Amount if the Final Payment Date occurs between July 1, 2002 and September 30, 2002, inclusive; and (e) 0 % of the Interim Payment Amount if the Final Payment Date occurs after September 30, 2002. If the Interim Payment Amount, as defined below, is less than zero, then such amount, multiplied by (-1.0), shall be added to the Final Payment Amount. The "Interim Payment Amount" is determined by subtracting (1) the total payments that EDISON would have made to SELLER using the Fixed Rate, as defined in Section 3.4.2 below, for energy delivered by SELLER to EDISON during the period between the Rate Effective Date, defined in Section 3.4.2, and the Final Payment Date (the "Rate Adjustment Period") from (2) the total payments actually made by EDISON for energy deliveries by SELLER during the Rate Adjustment Period.
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CALCULATION OF FINAL PAYMENT AMOUNT. The Final Payment Amount is equal to (i) the Stipulated Amount; (ii) plus all accrued but unpaid interest thereon (if any) pursuant to Section 3.2.2; (iii) less all partial payments of the Stipulated Amount made by EDISON pursuant to Section 3.2.3 or otherwise; [balance of Section 3.2.5 intentionally omitted]
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Related to CALCULATION OF FINAL PAYMENT AMOUNT

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report. 10.2 The State expects to incur the following types of interest calculation costs: Costs of calculating interest, including the cost of developing and maintaining clearance patterns in support of interest calculations. 10.3 The State shall submit all claims for reimbursement of interest calculation costs with its Annual Report in accordance with 31 CFR 205.

  • Payment of Settlement Amount (1) Within thirty (30) days of the Execution Date, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP for deposit into the Trust Account. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account. (2) The Settling Defendants shall deposit the Settlement Amount into the Trust Account by wire transfer. Siskinds LLP shall provide the necessary wire transfer information to Counsel for the Settling Defendants with reasonable advance notice so that the Settling Defendants have a reasonable period of time to comply with section 3.1(1) of this Settlement Agreement. (3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees. (4) The Settlement Amount shall be all-inclusive of all amounts, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements. (5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings or any Other Actions. (6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator. (7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement. While in control of the Trust Account, Siskinds LLP and the Claims Administrator shall not pay out all or part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.

  • 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.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

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