Buyer Termination Payment definition

Buyer Termination Payment means an amount equal to $289,100,000.
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Buyer Termination Payment means the aggregate of the Buyer Settlement Amount (if any) plus any and all other amounts then owed from Seller to Buyer less any amounts owed from Buyer to Seller.
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Buyer Termination Payment has the meaning given in section 16.6.
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Examples of Buyer Termination Payment in a sentence

  • The Buyer Termination Payment shall be paid by Seller to Buyer within 20 days of Seller’s receipt of Buyer’s invoice thereof.

  • If a Buyer Early Termination Date occurs, the Buyer shall in good faith calculate its damages, including its attorneys' fees, resulting from the termination of the terminated Transaction (the "Buyer Termination Payment").

  • If Buyer terminates this Agreement in accordance with this Section 2.5, Buyer shall pay Seller in accordance with Exhibit H, Buyer Termination Payment to Seller, within thirty (30) days after its notice given.

  • The Buyer Termination Payment shall be calculated in accordance with this Section 5a above.

  • It is agreed by the Parties that the Buyer Termination Payment is considered to be direct damages for the Buyer’s failure to pay for the Electricity to be produced by the Facility(ies) for the full Term of the Agreement and the Developer Termination Payment is considered to be direct damages with respect to any failure by the Developer to deliver Electricity and/or Net Metering Credits for the full Term of the Agreement.

  • No other legal tender, fiat currencies, cryptocurrencies, blockchain assets or tokens shall be accepted as payment for purchase of Tokens.

  • If Seller is the Defaulting Party, the Termination Payment will equal the Buyer Termination Payment less any amounts due from Buyer (net of any amounts due from Seller), and if Buyer is the Defaulting Party, the Termination Payment will equal the Seller Termination Payment plus any amounts due from Buyer (net of any amounts due from Seller).

  • The red dash-dotted line repre- sents in each case the decay of ∆m(t)/∆m(0).

  • The licenses provided in Section 16.1 will terminate upon termination of this Agreement as the result of Buyer’s breach for failure to pay, except if Buyer has paid Tesla the Buyer Termination Payment.

  • A survey instrument was administered either in a face-to-face interview or in writing and submitted electronically.


More Definitions of Buyer Termination Payment

Buyer Termination Payment is defined in Section 9.3.
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Buyer Termination Payment has the meaning set forth in Section 7.06(g). “Buyer Termination Payment Event” has the meaning set forth in Section 7.06.
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Buyer Termination Payment means the payment made by the Buyer to the Seller pursuant to the General Terms and Conditions and shown on Exhibit 3.
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Buyer Termination Payment means the sum of (a) the difference between (i) the net present value of the Replacement Energy Costs, calculated using a discount factor equal to the latest weighted average cost of capital as reported in the then-most recent NMPRC Rule 510 Annual Reporting filing, and (ii) the Contract Value, plus (b) Buyer Costs. Any such calculations will be based on reasonable assumptions as to future Project operations, differences between a replacement contract and this PPA, and similar considerations. To the extent the total value of the calculation in subpart (a) above is negative, the valued used in such subpart (a) will be zero. The Buyer Termination Payment does not include consequential incidental, punitive, exemplary or indirect or business interruption damages.
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Related to Buyer Termination Payment

  • Termination Payment has the meaning set forth in Section 6.03.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Termination Payments has the meaning specified in Section 10(a).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Servicer Termination Notice Defined in Section 6.15.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Purchase and Sale Termination Event has the meaning set forth in Section 8.1 of the Sale Agreement.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Servicer Termination Events (or any analogous term under the Lead Securitization Servicing Agreement) include customary market termination events with respect to failure to make advances, failure to timely remit payments to the Non-Lead Note Holders as required hereunder or under the Lead Securitization Servicing Agreement (subject to no more than one business day grace period), failure to timely deposit amounts into any REO Account or to remit to a Servicer for deposit into a related collection or custodial account, failure to deliver (or cause to be delivered) materials or information required in order for each Non-Lead Note Holder or each Non-Lead Depositor to timely comply with its obligations under the Exchange Act, the Securities Act and Form SF-3, and for rating agency downgrades or other triggers with respect to any certificates issued in connection with a Non-Lead Securitization, subject to customary grace periods (provided that, in the case of failures related to the securities laws, such grace periods will not cause a Non-Lead Depositor to fail to comply with the applicable provisions of such securities laws). Upon the occurrence of such a Servicer Termination Event with respect to the Master Servicer affecting a Non-Lead Securitization Note Holder and the Master Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Master Servicer shall be required, upon the direction of such Non-Lead Securitization Note Holder, to appoint a subservicer with respect to such Non-Lead Securitization Note. Upon the occurrence of a Servicer Termination Event with respect to the Special Servicer affecting a Non-Lead Securitization Note Holder and the Special Servicer is not otherwise terminated pursuant to the Lead Securitization Servicing Agreement, the Trustee shall, upon direction of such Non-Lead Securitization Note Holder, terminate the Special Servicer with respect to, but only with respect to, the Mortgage Loan;

  • Purchase and Sale Termination Date has the meaning set forth in Section 1.4 of the Sale Agreement.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Event of Servicer Termination With respect to the Servicing Agreement, a Servicing Default as defined in Section 6.01 of the Servicing Agreement.

  • Termination Price As defined in Section 9.01.

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.