Actual Payment definition

Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period, net of any Supplemental Servicing Fees attributable to such Receivable.

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Actual Payment. With respect to a Distribution Date and to a Scheduled Interest Receivable, all payments received by the Servicer from or for the account of the Obligor during the related Monthly Period (and, in the case of the first Monthly Period, all payments received by the Servicer from or for the account of the Obligor on or after the Applicable Cutoff Date) except for any Supplemental Servicing Fees. Actual Payments do not include Applied Payments Ahead.]

Actual Payment means, with respect to a Receivable and a Collection Period, all payments received by the Servicer from or for the account of the related Obligor on such Receivable during such Collection Period (and, in the case of the first Collection Period, all payments received by the Servicer from or for the account of such Obligor since the Cutoff Date through the last day of such Collection Period), net of any Supplemental Servicing Fees attributable to such Receivable. Actual Payments do not include Applied Payments Ahead.

Examples of Actual Payment in a sentence

• Value of Benefit The future value of the Actual Payment Amount subject to the Performance Cash Award is unknown and cannot be predicted with certainty.

• However, the following provisions shall apply if a Change of Control occurs before the Vesting Date: (i) Upon the Change of Control, the Actual Payment Amount shall be fixed at no less than the Target Amount to be Paid Upon Vesting.

• The Designated Auditor and the independent accountants who prepared the calculation of the Actual Payment shall then select a third independent accountant and the three accountants shall determine the Actual Payment no later than twenty-one (21) days following the Date of Termination.

• If ▇▇▇▇▇▇'▇ Actual Payment Share is greater than the ▇▇▇▇▇▇ Escrow Share, Participating Contract Counsel (other than ▇▇▇▇▇▇) shall be obligated to pay to ▇▇▇▇▇▇ an amount sufficient to ensure that ▇▇▇▇▇▇ receives ▇▇▇▇▇▇'▇ Actual Payment Share.

• If the three groups of accountants cannot come to an agreement, the Actual Payment will be the average of the calculation of each of the three groups of accountants.

More Definitions of Actual Payment

Actual Payment. With respect to a Distribution Date and a Lease, all payments received by the Servicer from or for the account of the Lessee during the related Monthly Period, except for any Overdue Payments, Supplemental Servicing Fees, Excluded Amounts or any payments with respect to Sales and Use Tax Amounts. Actual Payments do not include Applied Payments Ahead.

Actual Payment means, with respect to a Collection Period and a Receivable, all Scheduled Payments and prepayments received from or on behalf of an Obligor with respect to such Receivable, all of which amounts shall be deposited into the Collection Account during such Collection Period. An Actual Payment does not include Repurchase Prices.

Actual Payment means the total quantum of payment received by the shipyard pertaining to a shipbuilding Contract including such payment received subsequent to the delivery of the vessel as is duly certified by a Chartered Accountant registered with Institute of Chartered Accountants of India in the format prescribed at Annexure-III of these guidelines and supported by requisite documentary evidence.

Actual Payment with respect to a Payment Date and a Series 20 -SN Lease, all payments received by the Servicer from or for the account of the Lessee during the related Collection Period, except for any Overdue Payments, Supplemental Servicing Fees, Excluded Amounts or any payments with respect to Sales and Use Tax Amounts. Actual Payments do not include Applied Payments Ahead.

Actual Payment means with respect to a Settlement Date and to a Receivable, all payments received by the Servicer from or for the account of the Obligor during the related Monthly Period (and, in the case of the first Settlement Date, all payments received by the Servicer from or for the account of the Obligor on or after the Cutoff Date) except for any Overdue Payments or Supplemental Servicing Fees.

Actual Payment means payment in cash/pay order/bank draft/cheque after it has been realized.

Actual Payment means thetotal quantum of payment received by the shipyardpertaining to a shipbuilding Contractincluding such payment received subsequent to the delivery of the vessel as is duly certified by a Chartered Accountant registered with Institute of Chartered Accountants of Indiain the format prescribed at Annexure-III of these guidelines and supportedbyrequisite documentary evidence.