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

  • In this regard, the University shall be entitled to recover from the Resident the worth at the time of the University's award of damages from the Resident hereunder of the amount by which the unpaid Residence Fees for the balance of the Term after the time of such award exceeds the amount of such Residence Fees loss which the Resident proves could be reasonably avoided by the University, and the Resident shall be deemed to have forfeited any remaining Confirmation Payment balance.

  • Failure to provide the confirmation payment or Confirmation Payment Deferment form found at xxx.xxx.xxx/xxxxxxx for fall term by August 15.

  • 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.

  • 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.

  • 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.

  • Resident's application for housing, the Deposit (as such term is defined below), the Confirmation Payment (defined below), and Resident's occupancy of University housing are subject to the terms and conditions of this Contract.

  • 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.

  • Subject to the Resident's compliance with the terms and provisions of this Contract, the Confirmation Payment will be credited toward the Residence Fees on a pro‐rata basis of fifty percent (50%) for each semester for contracts two semesters in length and in its entirety for contracts of one semester or one Summer Housing contract period in length, as long as the Resident fulfills the terms of the Contract.

  • 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.

  • If the Resident is a student and is awaiting receipt of a financial aid award and/or scholarships, the Resident may make arrangements with the University's Financial Aid Office to execute a deferment in an amount equal to the entire Residence Fee balance for the current semester, excluding the Confirmation Payment which must be paid to USC Housing directly upon submission of a signed/electronically confirmed Contract.

Related to Confirmation Payment

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

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • 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;

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

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

  • Termination Payments has the meaning specified in Section 10(a).

  • 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.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • 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.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • 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 $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 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.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Net Swap Receipt With respect to any Distribution Date, any net payment (other than a Swap Termination Payment) made by the Swap Provider to the Trust on the related Floating Rate Payer Payment Date (as defined in the Interest Rate Swap Agreement).