CVC Use Payments definition

CVC Use Payments means the obligation of CVC under the CVC Tourism Promotion Agreement, upon Completion (as defined in the Development Agreement), to make an annual use payment to Bristol of $650,000 per year, as compensation for certain promotional and use rights granted by Bristol to CVC in the Speedway, as described therein.
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Examples of CVC Use Payments in a sentence

  • Bristol acknowledges that it has entered into the CVC Use Agreement with the CVC of even date herewith pursuant to which (a) the CVC will have use of the Premises pursuant to the terms of this Section 12(e), and (b) the CVC will pay to Bristol the CVC Use Payments.

  • Bristol hereby assigns to, and grants to the Fair Board a security interest in, all of its right, title and interest in the CVC Use Payments to secure Bristol’s obligations under this Lease.

  • Subject to the requirements of Applicable Law, Fair Board shall, immediately upon receipt thereof, cause the deposit of (i) all payments of Rent and CVC Use Payments to the Lease Revenue Fund and (ii) all payments of Tax Revenues to the Tax Revenue Fund.

  • Bristol agrees that it shall cause the CVC to make the CVC Use Payments directly to the Bond Trustee for deposit into the Lease Revenue Fund and application by the Bond Trustee in accordance with Section 9(b) hereof.

Related to CVC Use Payments

  • PURCHASE PAYMENTS [We reserve the right to reject any Purchase Payment.] Minimum Subsequent Purchase Payment: [$500 for both Non-Qualified and Qualified, unless you have elected an automatic sweep program.]

  • Lease Payments means the rental payments described in Exhibit A hereto.

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Service Payment has the meaning given to it in clause 9.1;

  • Purchase Payment A payment made toward this Contract.

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Sublease Payment means any payment required to be made by the District pursuant to Article 7 of this Sublease.

  • Tuition Fees means a sum specified in the Offer Letter, payable by the Student to cover tuition, access to College facilities, enrolment procedures and orientation meetings, use of Information Technology facilities, exam sitting and a Kaplan award on successful completion of the Programme; and

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Repurchase Payment for any Repurchased Receivable as of the last day of any Collection Period, means the sum of the Principal Balance thereof as of the beginning of such Collection Period plus interest accrued thereon through the due date for the Obligor’s payment in such Collection Period at the related APR, after giving effect to the receipt of monies collected on such Repurchased Receivable, if any, during such Collection Period.

  • Service Fees means all fees payable by Party B to Party A pursuant to Article 3 of this Agreement in respect of the Services provided by Party A.

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • 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.

  • Monthly Service Fees means the monthly (or 1/12 of the annual fee) subscription fees paid for the affected Cloud Service which did not meet the SA SLA.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

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

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Administration Fees The sum of (i) the Servicing Fee, (ii) the Master Servicing Fee and (iii) the Credit Risk Management Fee.

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Tax Fees means the aggregate fees billed in each of the last two fiscal years for professional services rendered by the Company’s external auditor for tax compliance, tax advice and tax planning.

  • School Fees means the money payable by the Parent/s to the School in connection with a Student’s education, excluding any Enrolment Fee, Deposit or Additional Fees.

  • Event Payments has the meaning set forth in Section 6.1(d).

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