Capex Payment definition

Capex Payment means the payment calculated in accordance with Condition 7.2 (Capex Payment Calculation);
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Capex Payment means the payment calculated in accordance with schedule 3 (Capex Payment Calculations) to be made by the ICC Contract Counterparty to the Emitter in the circumstances set out in clause 10 (Capex Payment);
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Capex Payment means $1,000,000.
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Examples of Capex Payment in a sentence

  • For hybrid CCS/CCU projects, the denominator for the Capex Payment Rate calculation will be the Metered CO2 Output Estimate (i.e. the Emitter's estimate of the total amount of CO2 that will be captured during the first five (5) years of the Capex Payment Period) whereas, for CCS only projects, the denominator will be the Metered CO2 Output to T&S Estimate (i.e. the Emitter's estimate of the total amount of CO2 that will be captured and stored during the same period).

  • It is anticipated that the YCCM for years six (6) to ten (10) of the Capex Payment Period will be the same as the YCCM for year five (5) of the Capex Payment Period.

  • Each Borrower shall deposit in a reserve account with Bank (the “Capital Reserve Account”) at the time of each payment of an installment of interest and/or principal under the Note, an additional amount equal to the Monthly Capex Payment (defined below), to fund capital future expenditures for repair and replacement of Project improvements, furniture, fixtures and equipment.

  • The Directors are of the opinion that the Proposed Sale and Leaseback Arrangement will have a positive material impact to the Company’s financials, given the Company is entitled to approximately S$107,287,917 (being 51% of the Balance Purchase Price), notwithstanding the Upfront Capex Payment and the Security Deposit Amounts.

  • The Book-Entry Notes will be made available for inspection by the Underwriters at the offices of Xxxxx Xxxxx, Xxxx & Maw LLP at 0000 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000 not later than 1:00 P.M., New York City time, on the Business Day prior to the Closing Date.

  • The ICC Contract Counterparty shall pay the Emitter the Capex Payment in accordance with the terms of this clause 10 (Capex Payment), clause 12 (Billing Statements) and clause 13 (Payment Mechanics), with effect from the Start Date with such payment calculated in accordance with schedule 3 (Capex Payment Calculations).

  • This shall be the Emitter's estimate of the mass quantity of CO2 in all Billing Periods in the first five years of the Capex Payment Period based on the CO2 Capture Rate Estimate, which shall be notified to BEIS in the Emitter's application for an ICC Contract.

  • The Group expects to receive net proceeds of approximately S$208,625,965.00 (after deducting from the Aggregate Consideration the Upfront Capex Payment and estimated expenses of approximately S$1,742,500.00 from the Proposed Sale and Leaseback Arrangement) (the “Net Proceeds”).

  • This cap may vary each year, depending on expected changes in production over the first five (5) years of the Capex Payment Period, and the cap for each year will be agreed during negotiations.

  • The rights and obligations of the Parties under clause 10 (Capex Payment), clause 11 (Opex Payment), clause 12 (Billing Statements), clause 13 (Payment Mechanics) and clause 17 (Emitter's Undertakings: Metering) are conditional upon the fulfilment or waiver of the Conditions Precedent and shall commence on the Start Date.

Related to Capex Payment

  • Delta Payment means as it is described in this Agreement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Interim Payment has the meaning specified in Section 10.1.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • 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.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Earnout has the meaning set forth in Section 2.9(a).

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Transfer Premium shall also include, but not be limited to, key money, bonus money or other cash consideration paid by Transferee to Tenant in connection with such Transfer, and any payment in excess of fair market value for services rendered by Tenant to Transferee or for assets, fixtures, inventory, equipment, or furniture transferred by Tenant to Transferee in connection with such Transfer. The determination of the amount of Landlord’s applicable share of the Transfer Premium shall be made on a monthly basis as rent or other consideration is received by Tenant under the Transfer.

  • 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.