Payout Amount Sample Clauses

Payout Amount. If we cannot repair your Covered Item within the Repair Maximum, or your Covered Item cannot be repaired as determined by us in our sole and absolute discretion (for reasons including without limitation repair timing considerations, backordered or availability of parts, Service Contractor availability, the need for special equipment, access difficulties, and the age of the Covered Item), Frontdoor will refund your Service Fee and provide you with the Payout Amount you can use towards the repair or the replacement of your Covered Item, subject to the Aggregate Payout Amount. Frontdoor will pay you no later than thirty (30) days after we provide you with notice that you will receive the Payout Amount and you have provided Frontdoor with all necessary information needed to initiate payment. Frontdoor may issue and you agree to accept the Payout Amount via electronic funds transfer or check, in our discretion. Frontdoor will refund the Service Fee to the original payment method you used to pay the Service Fee or check, in our discretion. Once you receive the Payout Amount, the Covered Item is subject to the Post Payout Repair Limitation.

Payout Amount. As of 2:00 p.m. Toronto time (the “Cut-off Time”) on October 15, 2025 (the “Payout Date”), the total amount of the Obligations is as set out on Schedule A hereof (the “Initial Payout Amount”). Payments received by the Lender after the Cut-off Time on any day, including on the Payout Date, will be deemed to have been received by the Lender on the next following Business Day and will be subject to an increase by an amount equal to a per diem amount set out on Schedule A hereof (“Per Diem Amount”) for each additional day after the Payout Date, until the Obligations are repaid in full on or before the Cut-off Time on such date in accordance with the terms and conditions of this Agreement. The Initial Payout Amount has been calculated as at the Cut-off Time on the Payout Date.

Payout Amount. In the event that (a) the Limited Partner's employment with Triarc pursuant to the employment agreement, dated as of November 1, 1993, between the Limited Partner and Triarc (as may be amended from time to time, the "Triarc Employment Agreement"), is terminated because of the Limited Partner's death as provided in Section 4.1 of the Triarc Employment Agreement, or disability pursuant to Section 4.2 of the Triarc Employment Agreement, or (b) the Term (as defined in the Triarc Employment Agreement) is terminated by Triarc for any reason (other than any such termination by Triarc for Cause as provided in Section 4.3 of the Triarc Employment Agreement) or by the Limited Partner pursuant to a notice not to extend the Triarc Employment Agreement delivered in accordance with Section 2 thereof (any termination described in clause (a) or (b) above is hereinafter referred to as a "Termination"), the Limited

Payout Amount. The Payout Amount shall be in the amount of $2,565,000.00 and shall be available to all Class Members based on the subclasses as designed in Section 4.3.1.1.

Payout Amount. Settlement: $1000 per whole inch of Covered Snowfall, not to exceed $ 25,000 (the “Payout Amount”). The Payout Amount, if any, shall be made by SCS in a lump sum payment on May 15, 2012 (the “Payout Date”). d) Hedge Cost Premium The “Premium” shall be equal to and paid by Customer as follows: $ 11,570 payable by Customer on or prior to November 1, 2011.