Customer Prepayments definition

Customer Prepayments means those initial lump-sum prepayments owing from a customer to any Loan Party or an Excluded Subsidiary pursuant to the applicable Host Customer Agreement.

Customer Prepayments means payments arising from the operation of the Business that have been billed and collected by the Sellers as of the Closing Date but which relate to the provision of service after the Closing Date.

Customer Prepayments means any prepayments, advances or other deposits, made by customers of the Company with respect to products, services, support or maintenance contracted for but not provided as of the Closing Date or any other unearned income revenues, in each case, with respect to which the Company have affirmative performance obligations, including any obligation to expend funds, in each case, which will not be satisfied in full prior to the first anniversary of the Closing Date.

Examples of Customer Prepayments in a sentence

• Unobligated Balances are the resulting annual net of Customer Prepayments, Customer revenues and Congressional funding, less Capital Improvements, RRADs (Capital and Non-Capital), O&M and HQ Expense executed in the fiscal year.

• Transmission Line 6/21/2011 § 7.5 of LGIP 8 Provision of Security to Interconnecting Transmission Owner pursuant to Section 11.5 of LGIA Interconnection Customer Pre-payments due* a.

• As of the Petition Date, the Debtors do not hold any funds related to Customer Prepayments for work that has not yet been performed.

• However, the Debtors’ books and records reflect approximately $61.1 million in deferred revenue arising from receipt of Customer Prepayments that have not yet been recognized as revenue under applicable revenue recognition accounting principles.

• The Debtors’ books and records reflect approximately $61.1 million in deferred revenue arising from receipt of Customer Prepayments that have not yet been recognized as revenue under applicable revenue recognition accounting principles.

More Definitions of Customer Prepayments

Customer Prepayments means all amounts prepaid by Host Customers pursuant to the related Customer Agreement or on or about commencement of construction of the applicable PV System or the achievement of PTO with respect thereto, exclusive of Customer Deposits.

Customer Prepayments means all deposits from customers of Seller and all progress payments, prepayments, advances, milestone payments and the like received from customers of Seller in connection with the Business or any Assumed Contracts for services to be rendered to such customers after the Closing Date or the pro rated portion of any such advanced payment or deposit received from customers of Seller in connection with the Business or any of the Assumed Contracts for services to be rendered after the Closing Date.

Customer Prepayments shall have the meaning set forth in Section 1.02(e).

Customer Prepayments means the amount of customer prepayments received by PRISM prior to Closing for services to be performed by Orkin under Customer Contracts whether or not these prepayments have been recorded on PRISM's books.

Customer Prepayments means any prepayments, advances or other deposits, made by customers of the Company or any of its Subsidiaries with respect to products, services or maintenance contracted for but not provided as of the Closing Date or any other unearned income revenues prepaid by any customer, in each case, with respect to which the Company or any of its Subsidiaries have affirmative performance obligations, including any obligation to expend funds, in each case, which will not be satisfied in full prior to the first anniversary of the Closing Date.

Customer Prepayments means any payments, prepayments or deposits made by any customer of the CTL Business prior to the Effective Time in relation to any Contracts in respect of the period after the Effective Time;

Customer Prepayments means the prepayments for Company services made by customers and for which the Company is obligated to provide services.