Confirmation Payment definition

Confirmation Payment means the amount due upon acceptance of this agreement, as stated in the Offer of Residence.
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Confirmation Payment means a $700,000 payment in Cash to be made to R. Kelly Plato on the Effective Date from the Exit Facility in lieu of any payments to Mr. Plato under the Employee Order.
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Confirmation Payment means the $375,000 payment by the Debtor or the Reorganized Debtor to the Creditor Trust on or before the Effective Date, which shall constitute the first payment on the Creditor Note and count towards the calculation of the GUC Payment Collar.
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Examples of Confirmation Payment in a sentence

  • If the University authorizes a cancellation of this Contract subsequent to the Resident’s acceptance of the Contract, the University shall be entitled to retain, and the Resident shall be obligated to pay as a Cancellation Fee, the Confirmation Payment in its entirety, excepting any portion credited to the Resident’s account during the semester prior to which the cancellation is granted.

  • Once the University offers an assignment and the Resident decides to accept and sign the Contract, a Confirmation Payment is required, in full, at the time of submission of the signed/electronically confirmed Contract.

  • Accordingly, the Resident agrees that, in the event that the Resident cancels this Contract prior to the date on which the Term is to commence and the University authorizes such cancellation, the Confirmation Payment will be retained by the University as a “Cancellation Fee.” Any such cancellation must be in writing and received by USC Housing prior to the commencement of the Term.

  • The Reorganized Debtors shall draw on the Exit Facility an amount sufficient to satisfy all DIP Facility Claims and the Confirmation Payment and shall pay the proceeds of such draw to the DIP Agent in full satisfaction of the DIP Facility Claims.

  • If we analyze carefully the commercial Web providers’ requirements mentioned above, only Authentication, Certification, Confirmation, Payment Assurance, and Non-repudiation are strictly necessary to complete a transaction.

  • On the Effective Date, the Reorganized Debtors shall enter into the Exit Facility, which shall provide, subject to the terms set forth in the Exit Facility Loan Documents, loans to the Reorganized Debtors for general corporate purposes in a principal amount of up to $150 million, which amount shall include (1) any amounts then due under the DIP Facility; (2) the Confirmation Payment; and (3) the $1 million payment to the Exempt Assets Trust as required by Section 7.6(d) of the Plan.

  • Applications will not be processed without the application fee.3.1.3. Program Confirmation Payment All applicants are required to pay a non-refundable program confirmation of $500.

  • ALJ-281 to adopt an hourly rate of $390 for Phillips’ 2012 work in this proceeding.2011, 2012and 2013 Hourly Rate for Aaron LewisJoint Parties seek an hourly rate of $110 for Aaron Lewis’ work performed in 2011 and $195 for Lewis’ work performed in 2012 and 2013.

  • Failure to Check In. Failure to check in by 5:00 p.m. on the first day of classes for the first semester of the Contract or failure to register as a full-time student as defined by the University Registrar’s Office may, at the option of the University, result in cancellation of this Contract by the University, without refund of the Confirmation Payment, unless the Resident has received written consent from USC Housing to check in after such date.

  • Confirmation Payment amount will be refunded if the student remains enrolled at the School for the full duration of the first year of enrolment.

Related to Confirmation Payment

  • Termination Payment has the meaning set forth in Section 6.03.

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

  • 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.

  • 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.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Net Swap Payment With respect to each Distribution Date, the net payment required to be made pursuant to the terms of the Swap Agreement by either the Swap Provider or the Swap Administrator, which net payment shall not take into account any Swap Termination Payment.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Payment Amount as defined in Section 3.5.