Annual Service Payment definition

Annual Service Payment has the meaning given in Schedule Part 14 (Payment Mechanism);
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Annual Service Payment means the sum in pounds sterling calculated in accordance with paragraph 2 (Annual Service Payment) of Section 2 (Calculation of Service Payments) of this Schedule Part 14 (Payment Mechanism);
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Annual Service Payment means, with respect to each Fiscal Year ending on or after September 30, 2020, a distribution by the Company to the Tribe in an amount (if a positive number) equal to (A) the product of (1) 0.30 multiplied by (2) the sum of (a) the Company’s Consolidated Cash Flow for such Fiscal Year less (b) $30.0 million, plus (B) the product of (l) 0.10 multiplied by (2) the sum of (a) the Company’s Consolidated Cash Flow for such Fiscal Year less (b) $40.0 million.
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Examples of Annual Service Payment in a sentence

  • Indexation will be applied to the Annual Service Payment on an annual basis.

  • NHS GGC will pay for the services in the form of an Annual Service Payment.

  • A portion of the Annual Service Payment is indexed over the thirty year period to allow for changes in the cost of living and other related facility costs.

  • Temporary work or jacking platforms located on the bed below the OHWL may only be constructed during the applicable fish life work windows (see ALLOWABLE SALTWATER WORK TIMES JULY 2015.docx in the application record).

  • Any adjustment to the Annual Service Payment which is necessary as a result of the implementation of a High Value Change shall be calculated in accordance with Section 6 of this Schedule Part 16 (Change Protocol).

  • A negative Post Termination Service Amount will arise if the costs incurred in procuring the Service (including rectification costs) are greater than the Annual Service Payment.

  • NHS GGC will pay the Annual Service Payment to Sub-hubCo on a monthly basis, calculated subject to adjustments for previous over/under payments, deductions for availability and performance failures and other amounts due to Sub-hubCo. The Annual Service Payment is subject to indexation as set out on the Project Agreement by reference to the Retail Price Index published by the Government’s National Statistics Office.

  • The prepayment of the Annual Service Payment (ASP) is recognised as a long term debtor, and the requirement to pay the ASP over the 25 year period of the contract is recognised as a long term liability.

  • Where the risk is Uninsurable for part of a year only the reduction in the Annual Service Payment shall be pro rated to the number of months for which the risk is Uninsurable.

  • In a DBFM, the private sector partner is paid an Annual Service Payment (ASP) consisting of the initial capital costs (e.g. design and construction), operational costs (e.g. facility management), major repairs and replacement of building elements(e.g. the roof) throughout the term of the Project Agreement.


More Definitions of Annual Service Payment

Annual Service Payment means a payment to City’s General Fund in accordance with Sections 502(B) and 1510, or the equivalent amount determined in accordance with Section 1510(C) and (E).
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Annual Service Payment means the sum in Canadian dollars calculated in accordance with the provisions set out in Section 2 of Part B of this Schedule 20.
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Annual Service Payment means the sum in Canadian dollars calculated in accordance with the provisions set out in Section 2 of Part B.
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Annual Service Payment means, with respect to each Fiscal Year ending on or after September 30, 2017, a distribution by the Borrower to the Tribe in an amount (if a positive number) equal to (A) the product of (1) 0.30 multiplied by (2) the sum of (a) the Borrower’s Consolidated Cash Flow (as defined in the New Indenture) for such Fiscal Year less (b) $30.0 million, plus (B) the product of (1) 0.10 multiplied by (2) the sum of (a) the Borrower’s Consolidated Cash Flow (as defined in the New Indenture) for such Fiscal Year less (b) $40.0 million.
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Annual Service Payment means an annual payment to the Tribe by the Enterprise in an amount of $55.0 million per year, which amount shall be increased annually on each September 30, commencing with September 30, 2001, by 5% per annum.
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Annual Service Payment means the payment described in section 3 of Schedule 4;
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Related to Annual Service Payment

  • Service Payment has the meaning given to it in clause 9.1;

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Annual Service Charge for any period means the aggregate interest expense for such period in respect of, and the amortization during such period of any original issue discount of, Indebtedness of the Issuer and its Subsidiaries.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • Total service means all service as a teacher or nonteacher while a member of the

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Payment Initiation Service Provider or “PISP” means an authorised third party provider which provides a service that allows that third party to pass payment instructions to us on your behalf in relation to your Account.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:

  • Annual payroll means the total amount of wages subject to contributions during a twelve-month period ending with the last day of the second calendar quarter of any calendar year.

  • Class Representative Service Payment means the payment to the Class Representative for initiating the Action and providing services in support of the Action.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Service Fee means a fee charged by us to you for the administration of your credit facility.

  • Additional Servicing Compensation means any servicing compensation (other than Servicing Fees, Special Servicing Fees, Workout Fees or Liquidation Fees) that any Servicer is entitled to retain under the Servicing Agreement.

  • Pharmacy benefits management means the administration or management of prescription drug