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

Examples of Clawback Payment in a sentence

• For purposes of determining each Limited Partner’s required contribution, each Limited Partner’s allocable share of any Escrow Account, to the extent applied to satisfy any portion of a Clawback Payment, shall be treated as if it had been distributed to such Limited Partner and re-contributed by such Limited Partner pursuant to this Section 3.1(d) at the time of such application.

• In the event that a Member does not make timely payment of all or any portion of a Clawback Payment to the Corporation on or before the Clawback Payment Date, interest (calculated at the Default Rate) in respect of such Clawback Payment shall accrue from the Clawback Payment Date until the date on which such Member makes such Clawback Payment to the Corporation.

• For purposes of determining each applicable Limited Partner’s required contribution, each such Limited Partner’s allocable share of any Escrow Account (or the equivalent term, in each case, as defined in the Fund LP Agreements), to the extent applied to satisfy any portion of a Clawback Payment, shall be treated as if it had been distributed to such Limited Partner and re-contributed by such Limited Partner pursuant to this Section 3.1(b) at the time of such application.

• For purposes of determining each Limited Partner’s required contribution, each Limited Partner’s allocable share of any Escrow Account (as defined in the Fund LP Agreements), to the extent applied to satisfy any portion of a Clawback Payment, shall be treated as if it had been distributed to such Limited Partner and re-contributed by such Limited Partner pursuant to this Section 3.1(d) at the time of such application.

• The Clawback Party shall make such Clawback Payment within sixty (60) days of receipt of the Clawback Notice.

More Definitions of Clawback Payment

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.

Clawback Payment is defined in Section 3.5(b).

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

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

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

Clawback Payment means any payment that becomes due and payable by Parent under Section 2.4(a) or Section 2.4(b) of this Agreement, as applicable.

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 Share” means, with respect to any Limited Partner and any Clawback Payment, a portion of such Clawback Payment equal to (i) the cumulative amount distributed to such Limited Partner prior to the time of determination of Operating Profit attributable to the Fund to which the Clawback Payment is required to be made, divided by (ii) the cumulative amount so distributed to all Partners with respect to such Operating Profit attributable to such Fund. “Code” means the United States Internal Revenue Code of 1986, as amended and as hereafter amended, or any successor law. “Co-Investors (A) LLC Agreement” means the limited liability company agreement of Apollo Co-Investors VI (A), LLC, as amended from time to time. “Code” means the United States Internal Revenue Code of 1986, as amended and as hereafter amended, or any successor law. “Commitment Period” has the meaning ascribed to that term in each of the Fund LP Agreements. “Confidential Information” means information that has not been made publicly available by or with the permission of the General Partner and that is obtained or learned by a Limited Partner as a result of or in connection with his association with the Partnership or any of its Affiliates concerning the business, affairs or activities of the Partnership, any of its Affiliates or any of the Portfolio Investments, including, without limitation, models, codes, client information (including client identity and contacts, client lists, client financial or personal information), financial data, know-how, computer software and related documentation, trade secrets, and other forms of sensitive or valuable non-public information obtained or learned by the Limited Partner as a result of such Limited Partner’s participation in the Partnership. For the avoidance of doubt, Confidential Information does not include information concerning non-proprietary business or