Clawback Payment definition

Clawback Payment means any payment required to be made by the Partnership to any Fund pursuant to section 10.3 of the Fund LP Agreement of such Fund.

Clawback Payment means any payment required to be made by the Partnership to any Fund General Partner in respect of any “general partner giveback,” “general partner clawback” or similar obligation of such Fund General Partner pursuant to the Fund LP Agreement of the applicable Fund.

Clawback Payment means the aggregate incremental amount that has been paid to the Generator in respect of a particular Unit due to the Contract Price Adjustment that has been made pursuant to Section 4.8(b) in respect of such Unit from the Adjustment Date on which such Contract Price Adjustment was effected up to the Adjustment Date referenced in Section 10.2(b) less the amount of any Suspended EOD Payments forever forfeited pursuant to Section 11.2(a)(iii), which amount shall be calculated as follows: Clawback Payment = (A x B) + C - D where: A = the amount of the increase to the Contract Price that was initially made following the Go Election for such Unit in accordance with Section 4.8(b), as adjusted by any Contract Price Adjustments made for such Unit thereafter in accordance with Clause 3(f) of Exhibit 4.8; B = the total Xxxxx Energy, expressed in MWh, generated during the period commencing on the Adjustment Date immediately following the Go Election for such Unit and ending on the Adjustment Date referenced in Section 10.2(b); C = the amount of any Unit Cost Overages for such Unit that have been funded by the Counterparty pursuant to Section 9.1(e); and D = the aggregate amount of any Suspended EOD Payments forever forfeited pursuant to Section 11.2(a)(iii) at the time of the calculation of the Clawback Payment.

Examples of Clawback Payment in a sentence

• ERCOT shall pay the revenues from all RUC Clawback Charges, including amounts for RMR Units, in a 15-minute Settlement Interval to all QSEs, on an LRS basis, as the RUC Clawback Payment.

• AHCCCS – Review of Capitation Rate Changes for the Medicare Clawback Payment.

• The Continuous Operations Agreement contains a clawback provision in favor of the City which would require Scheels to make a fair and reasonable liquidated damages payment to the City in an amount of up to $17,000,000 if Scheels were to breach its Continuous Operations Covenant (the "Clawback Payment").

• Audit Results Mr. Christopher Davanzo highlighted the following audit results: Scope of AuditKPMG’s audit of the consolidated financial statements of NYPA for the period ended December 31, 2019 was performed in accordance with auditing standards generally accepted in the United States of America.

• In its opinion, the future covenant was mature enough to be adopted.

More Definitions of Clawback Payment

Clawback Payment is defined in Section 3.5(b).

Clawback Payment is defined in Section 2.8(b) of this Agreement.

Clawback Payment has the meaning set forth in Section 4.1(b)(3).

Clawback Payment has the meaning set forth in Section 5.2.

Clawback Payment has the meaning set forth in Section 9.11(g).

Clawback Payment means a Year 0 – 5 Clawback Payment or a Year 6 – 10 Clawback Payment.

Clawback Payment. The purchase price payable by the Clawback Royalty Holder for the Clawback Royalty (the “Clawback Purchase Price”) shall be payable in Cash and determined as follows: