Early Termination Amount Sample Clauses

Early Termination Amount. The Early Termination Amount is calculated as follows in the periods identified: For the period from and including the Signing Date to the period immediately prior to the COD, the Early Termination Amount is $[insert]. [Note: for the purpose of determining the amount payable as an Early Termination Amount for termination by the Commonwealth prior to the COD for Project Operator default, the Commonwealth has calculated a genuine pre-estimate of its loss at greater than $4,000,000. However, in recognition of the fact that Projects will have a different Maximum Capacity, the Commonwealth is willing to set the Early Termination Amount, for termination for default prior to COD, to which the Commonwealth is entitled under this Schedule 5 at a lower amount for value for money reasons. The amount will be calculated using the following formula: $20,000 per MW multiplied by the Maximum Capacity, up to a maximum amount of $4,000,000. The shortlisted Proponent is required to provide that amount here as part of its Financial Value Bid in Stage B of the Tender Process.] For the period from and including the COD to the end of the Term, the Early Termination Amount is calculated as follows: where: ETA = the Early Termination Amount A = the aggregate of the net increase in the support amounts to which the Commonwealth is exposed under a replacement agreement on substantially the same terms as this agreement with a new operator over and above the support amounts to which the Commonwealth would have been exposed under this agreement had it not been terminated (assuming for that comparison that the Commonwealth would be exposed to pay Project Operator the Annual Payment Cap under this agreement and the new operator the Annual Payment Cap under the new agreement in each case as determined over the remaining Financial Years over the remainder of the Support Period, determined on the assumption that this agreement has not been terminated) which for the purpose of this Schedule 5 is calculated as follows: A = (∑MCRSY) x 10% Where ∑MCRSY = the sum of the Annual Payment Cap over the remaining Financial Years in the remainder of the Support Period, determined on the assumption that this agreement has not been terminated; B = the reasonable and proper internal and external costs incurred by or on behalf of the Commonwealth in carrying out a tender process to identify another project to replace the Maximum Capacity of the Project which for the purpose of this provision is fixed at $15...
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Early Termination Amount. A Participant’s “Early Termination Amount” equals the present value, discounted at the Early Termination Rate as of the date of the applicable Acceleration Event, of the Participant’s Tax Benefit Payments that would be required to be paid by the Corporation for each Taxable Year beginning from the date of the Acceleration Event assuming the Valuation Assumptions are applied. For purposes of calculating the present value of all Tax Benefit Payments that would be required to be paid, it will be assumed that (i) absent the Acceleration Event, all Tax Benefit Payments would be paid on the due date (without extensions) for filing the Corporation Return for each Taxable Year and (ii) with respect to Taxable Years ending prior to the Acceleration Event, any unpaid Tax Benefit Payments and any applicable Default Rate Interest will be paid.
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Early Termination Amount. For purposes of this Section 2.6(f), a “Special Seller Correspondent” means a Seller Correspondent that has been responsible for more than five percent (5%) of the aggregate Run-Rate Revenue recognized by the Seller, as reflected in the Closing Assigned Contracts Schedule. Within nineteen (19) months after the Closing Date but no earlier than eighteen (18) months, Buyer will prepare, or cause to be prepared, and deliver to Seller a statement that is prepared in a manner consistent with Seller’s past practice and based upon statements that were prepared in accordance with GAAP and which shall set forth in reasonable detail any Special Seller Correspondent Early Termination Amount. If Seller disagrees with Buyer’s computation of the Special Seller Correspondent Early Termination Amount, Seller may, on or prior to the last day of the Review Period with respect to the statement setting forth the Special Seller Correspondent Early Termination Amount, deliver a Notice of Objection to Buyer.
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Early Termination Amount. If an Early Termination Date is established, the Non-Defaulting Party shall in good faith calculate its Gains, or Losses and Costs, resulting from the termination of the terminated Transaction(s), aggregate such Gains, Losses and Costs with respect to all terminated Transactions into a single net amount ("Early Termination Amount"). The Non-Defaulting Party may (but need not) determine its Gains or Losses by reference to information either available to it internally or supplied by one or more third parties including, without limitation, quotations (either firm or indicative) of relevant prices or other market data in the relevant markets. Third parties supplying such information may include, without limitation, dealers in the relevant markets, end users of the relevant Products, information vendors, and other sources of market information. The Non-Defaulting Party shall notify the Defaulting Party of the Early Termination Amount. The Party owing the Early Termination Amount shall, within three (3) Business Days after such Notice, pay the Early Termination Amount to the Party owed such amount, together with interest at the interest rate specified in Section 7.1.8 (Late Payments) from the Early Termination Date until the date of payment. The Non-Defaulting Party shall determine, in a commercially reasonable manner, its Gains, Losses and Costs as of the Early Termination Date, or, if that is not possible, at the earliest date thereafter that is reasonably possible.
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Early Termination Amount. Early Termination Amount" means an amount that ------------------------ is equal to the sum of (a) the product of (i) US $[*]/1/, multiplied by (ii) the number of Authorized Workstations for Authorized End-Users specified in Schedule 4 that have not been licensed to Authorized End-Users on the date of termination of the Distribution Term ("Unlicensed Seats") and (b) the product obtained by multiplying (1) the product obtained by multiplying US $[*]/2/ by a fraction, the numerator of which is the number of Unlicensed Seats, and the denominator of which is [*]/3/, by (2) a second fraction, the numerator of which is the number of days between the date of termination of the Distribution Term and the third anniversary of the date of this Agreement, and the denominator of which is [*]/4/.
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Early Termination Amount. Customer must pay Financier the Early Termination Amount in accordance with this Software Funding Agreement (see clause 9.4(a));
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Early Termination Amount. The parties agree that if an Early Termination Date is designated in relation to the Transaction, the amount payable in respect to the early termination of the Transaction will not be determined in accordance with the methods specified in Section 6(e) of the Agreement; instead the only amount payable with respect to the early termination of the Transaction (other than the payment referred to in paragraph 6.1(b)) will be determined in accordance with Section 2(c) of the Agreement as if the only amounts payable by each party on the Early Termination Date were: (a) the amounts that would have been payable on the Settlement Date falling immediately after the Early Termination Date; and (b) any amounts that became payable (or that would have become payable but for Section 2(a)(iii) or due but for Section 5(d)) by the parties in respect of the Transaction under Section 2(a)(i) or 2(d)(i)(4) on or prior to such Early Termination Date and which remain unpaid as at such Early Termination Date, as determined on the Early Termination Date. The amount payable under this paragraph 6.2 shall be treated as an Early Termination Amount for the purposes of Section 6(f) of the Agreement.
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Early Termination Amount an amount of the cash obligation calculated by the Bank that is due to the Bank from the Customer or to the Customer from the Bank on account of Early Termination.
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Early Termination Amount 
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Related to Early Termination Amount

  • Payment upon Early Termination (a) Within three (3) calendar days after an Early Termination Effective Date, the Corporate Taxpayer shall pay to each TRA Party an amount equal to the Early Termination Payment in respect of such TRA Party. Such payment shall be made by wire transfer of immediately available funds to a bank account or accounts designated by such TRA Party or as otherwise agreed by the Corporate Taxpayer and such TRA Party or, in the absence of such designation or agreement, by check mailed to the last mailing address provided by such TRA Party to the Corporate Taxpayer.

  • Early Termination Fee After this contract goes into effect, if you terminate this contract for any reason, or switch your service to a different electricity generation supplier or default service supplier prior to the end of the contract term, you will be responsible for paying XOOM Energy an early termination fee in the amount of $500. This Early Termination Fee is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electric power to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses.

  • Early Termination Fees The amount if an Early Termination Fee that we are entitled to charge is: (a) the amount specified in or calculated in accordance with the relevant Plan; or (b) otherwise, a reasonable estimate of our lost profit as a result of an early termination.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees: a. all monthly fees through the life of the contract, including the rebate of any negotiated discounts; b. all fees associated with converting services to successor service provider; c. all fees associated with any record retention and/or tax reporting obligations that may not be eliminated due to the conversion to a successor service provider; d. all out-of-pocket costs associated with a-c above.

  • Early Termination Notice (a) If the Corporate Taxpayer chooses to exercise its right of early termination under Section 4.1 above other than in connection with a Change of Control or Subsequent IPO, the Corporate Taxpayer shall deliver to the ITR Entity notice of such intention to exercise such right (“Early Termination Notice”) and a schedule (the “Early Termination Schedule”) specifying the Corporate Taxpayer’s intention to exercise such right and showing in reasonable detail the calculation of the Early Termination Payment for the ITR Entity. The Early Termination Schedule shall become final and binding on all parties 30 calendar days from the first date on which the ITR Entity has received such Schedule or amendment thereto unless the ITR Entity (i) within 30 calendar days after receiving the Early Termination Schedule, provides the Corporate Taxpayer with notice of a material objection to such Schedule made in good faith (“Material Objection Notice”) or (ii) provides a written waiver of such right of a Material Objection Notice within the period described in clause (i) above, in which case such Schedule becomes binding on the date the waiver is received by the Corporate Taxpayer (the “Early Termination Effective Date”). If the parties, for any reason, are unable to successfully resolve the issues raised in such notice within 30 calendar days after receipt by the Corporate Taxpayer of the Material Objection Notice, the Corporate Taxpayer and the ITR Entity shall employ the Reconciliation Procedures. (b) If the Corporate Taxpayer chooses to exercise its right of early termination under Section 4.1 above in connection with a Change of Control or Subsequent IPO, any reference to 30 calendar days in Section 4.2(a) above shall instead be deemed to be 10 calendar days.

  • ISDA Early Termination Date Party A has the right to designate an Early Termination Date pursuant to Section 6 of the Agreement;

  • Early Termination Benefit If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit under this Article.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows: (i) If District terminates this Contract for its convenience under Section 14(a) or 14(b), then District must pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. District shall not be liable for any direct, indirect, or consequential damages. Termination by District shall not constitute a waiver of any other claim District may have against Contractor. (ii) If Contractor terminates this Contract under Section 14(c) due to District’s breach, then District shall pay Contractor for work performed before the termination date if and only if Contractor performed in accordance with this Contract. (iii) If District terminates this Contract under Sections 14(c) or 14(d) due to Contractor’s breach, then District must pay Contractor for work performed before the termination date less any setoff to which District is entitled and if and only if Contractor performed such work in accordance with this Contract.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement: (i) Market Quotation will apply. (ii) The Second Method will apply.

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