Deferred Payment Amount definition

Deferred Payment Amount means the amount specified as such in Seller’s invoice due on February 10, 2022, March 10, 2022, April 10, 2022, May 10, 2022 or June 10, 2022, the calculation of which is set forth in Section 2.2.1 and as such amount may be adjusted pursuant to any IPA True-up Adjustment as set forth in Section 2.2.1 and as such amount is payable as set forth in Section 2.2.1. Any Deferred Payment Amount so adjusted by an IPA True-up Adjustment shall be an Adjusted Deferred Payment Amount.”
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Deferred Payment Amount shall have the meaning specified in Section 2.04.
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Deferred Payment Amount means, in connection with any Deferred Payment, the amount, in Cash, paid in respect of the Deferred Amount established for such Permitted Policy Claim.
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Examples of Deferred Payment Amount in a sentence

  • The parties acknowledge and agree that the Deferred Payment Amount: (a) will reflect an allocation of 5% of the aggregate amount of the Principal Balances of the Receivables which became Written-Off Receivables and an allocation of 5% of the aggregate amount of Recoveries, and (b) will vary inversely to the amount of such Written-Off Receivables net of such Recoveries.

  • On the Closing Date, Seller and Purchaser shall execute and deliver the instruments and documents referenced in Sections 9 and 10 and Purchaser shall make the Initial Payment and shall deposit the Deferred Payment Amount with the Escrow Agent.

  • Buyer will use reasonable best efforts to pay (A) the Deferred Payment Amount in full on the Deferred Payment Date to the fullest extent permitted under the terms of the Credit Agreement, and (B) if applicable, all outstanding principal amount plus accrued but unpaid interest on the Promissory Note to the fullest extent Buyer is permitted to make such payment or any portion thereof from time to time under the terms of the Credit Agreement.

  • The parties hereby acknowledge that this Agreement is being entered into in compromise, settlement, satisfaction in full, discharge and termination of all obligations between the parties as to the Deferred Payment Amount, the Red Cross Collaboration Debt and the Reimbursement Payments.

  • The Closing Payment Amount and the Deferred Payment Amount shall be allocated to the NetQuote Shares and IQ Holdings Interests as set forth in Section 7.5(e).


More Definitions of Deferred Payment Amount

Deferred Payment Amount has the meaning given such term in Section 2.2(b).
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Deferred Payment Amount means all principal amortizations and interest payments falling due on an Affected Series for the consecutive two-year period immediately following the Deferral Date;
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Deferred Payment Amount means twenty million dollars ($20,000,000).
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Deferred Payment Amount has the meaning given to such term in the Transaction Agreement.
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Deferred Payment Amount all amounts payable to holders of options ----------------------- to purchase DCI stock under the employment agreements and option agreements dated July 23, 1998 between Holdings, DCI and such option holders, not in excess of $9,000,000 in the aggregate.
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Deferred Payment Amount means an amount equal to $2,675,000.
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Deferred Payment Amount shall have the meaning set forth in Section 1.15.
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