Closing Reimbursement Payment definition

Closing Reimbursement Payment means all Expansion Costs and Operating Costs that were paid by Seller on or prior to Closing that in each case have been approved (or have been deemed approved) in accordance with Section 4.1(b), (c), or (d); provided, that for the avoidance of doubt, Closing Reimbursement Payment shall not include any Assumed Accounts Payable.
Closing Reimbursement Payment shall have the meaning ascribed thereto in Section 5.5.

Examples of Closing Reimbursement Payment in a sentence

  • Buyer shall have delivered to Seller the Closing Reimbursement Payment.

Related to Closing Reimbursement Payment

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Expense Reimbursement has the meaning set forth in Section 8.2(c).

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

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

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

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

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Reimbursement Amount As defined in Section 2.04.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

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

  • Contract Adjustment Payments means amounts payable by the Company on each Contract Adjustment Payment Date in respect of each Purchase Contract, at a rate per year of 2.725% on the Stated Amount per Purchase Contract.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

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

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

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