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

  • 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.

  • PBCP (Periodic Budgeted Capex Payment) means an amount equal to the Budgeted Capex for the current Reporting Period (if any).

  • Annex 4‌ (Yearly Capex Cap Multiplier) Year of Capex Payment Period YCCM (expressed as a decimal fraction)50 8 1051 50 Note to Reader: Please refer to footnote 4343 for a discussion relating to the application of YCCM.

  • 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.

  • 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).

  • 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).

  • 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.

  • This shall be the Emitter's estimate of the mass quantity of CO2 that will be captured in all Billing Periods in the first five (5) years of the Capex Payment Period based on the CO2 Capture Rate Estimate, which shall be notified to DESNZ in the Emitter's application for an ICC Contract.

  • 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.

  • Annex 5 (Yearly Capex Cap Multiplier) Year of Capex Payment Period YCCM (expressed as a decimal fraction)5868 4 [⚫] 5 [⚫] 6 [⚫] 7 [⚫] 8 [⚫] 105969 [⚫] 5868 Note to Reader: Please refer to footnote 4850 for a discussion relating to the application of the YCCM.

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 Article 7 of this Sublease.

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

  • Additional Payment is as defined in Section 6 of the Agreement.

  • 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, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • 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.

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • 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 the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • 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, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • 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.