Delay Amount definition

Delay Amount shall equal 0.75% of the amount which is the Initial Purchase Price, less any portion of the Initial Purchase Price which has been received by Sellers pursuant to any Closings which have occurred prior to the time such payment is due. "DEPOSIT RELEASE DATE" is the date on which a Closing has occurred for Radio Groups for which more than forty-five percent (45%) of the Initial Purchase Price has been paid to Sellers.
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Delay Amount shall equal 0.75% of the Initial Purchase Price. "DEPOSIT RELEASE DATE" is the date on which a Closing under this Agreement and the Multi-Stations Agreement has occurred for which more than forty-five percent (45%) of the Aggregated Initial Purchase Price has been paid to Sellers.
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Delay Amount means [****];
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Examples of Delay Amount in a sentence

  • In such event, any 409A Delay Amount that would otherwise be due and payable to the Participant during the 409A Delay Period shall be paid to the Participant in a lump sum amount within the first five calendar days of the month immediately following the end of the 409A Delay Period.

  • In addition, the Initial Value will be adjusted upward by the amount of any Estimated Cash, adjusted downward by the amount of any Estimated Indebtedness, any Estimated Transaction Expenses, any Estimated Unspent Capital Expenditure Amount, the Cap Gemini Excess Amount, the Esfel Amount, the Separation Delay Amount and the Debt Swap Amount.

  • Nevada Power shall not (i) prepay any of its indebtedness (other than a refinancing, exchange, defeasance or modification of its existing indebtedness limited to an amount equal to such existing indebtedness or any prepayment of the Aggregate Delay Amount A) or (ii) repay or prepay any of its Revolving Indebtedness unless it prepays the Aggregate Delay Amount A on a pro rata basis based on the amounts outstanding at such time.

  • On or before October 25, 2002, Nevada Power shall make a mandatory prepayment of the Delay Amount to DETM equal to DETM's Pro Rata Portion of Nevada Power's September Excess Cash.

  • The Parties agree that the CL Realty Delay Amount is a reasonable pre-estimate of such losses and that Buyer’s retention of the CL Realty Delay Amount under Section 3.05(b)(iii) would serve to compensate Buyer for any such failure by Seller, and they do not intend for it to serve as penalty for any such failure by Seller.

  • In addition, the Initial Value will be adjusted upward by the amount of any Final Cash and any Earn-Out Amount, and adjusted downward by the amount of any Final Indebtedness, any Final Transaction Expenses, any Final Unspent Capital Expenditure Amount, the Cap Gemini Excess Amount, the Esfel Amount, the Separation Delay Amount and the Debt Swap Amount.

  • In the event either of the parties hereto becomes entitled to receive or does receive any Termination Payment pursuant to Section 22.3 of the WSPP Agreement, then the Delay Amount shall be reduced by the portion thereof attributable to any energy CONFIDENTIAL MATERIAL OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.

  • No Delivery Delay Amount shall be deemed to be payable hereunder unless Owner has provided written notice to Development Manager specifying the deficiencies in the Shell and Core purporting to create the existence of Development Manager’s obligation to pay the Delivery Delay Amount.

  • The Delivery Delay Amount shall be offset by the actual amounts (if any) received by Owner from the Contractor pursuant to Section 14.6.10 (Liquidated Damages for Delay) of the Construction Contract (after deducting any actual costs incurred by Owner to collect such amounts to the extent such collection costs are not recovered from the Contractor after diligent efforts).

  • In the event that the 20,000 shares of common stock issued to Buyer has a fair market value of less than 140% of the Delay Amount upon the earlier of (i) registration or (ii) two years from the date of this Agreement, then Buyer shall immediately issue to Buyer (or its designee) such additional shares as necessary to cause the fair market value to equal 140% of the Delay Amount.


More Definitions of Delay Amount

Delay Amount means, in respect of a Premises, an amount equal to the Deferred Premises Amount for that Premises divided by the number of calendar days in the term of the relevant Deal Module each as at the relevant date on which this
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Delay Amount shall be determined as follows: an additional $30,000 if Closing is after July 31, 1996 and before September 1, 1996; an additional $50,000 if Closing is after August 31, 1996 and before September 15, 1996; or an additional $70,000 if Closing is after September 15, 1996 and before October 1, 1996, (such additional amount referred to herein as the "Delay Amount"); Buyer grants to Seller or its assignee piggyback registration rights with regard to any securities issued to it under this section and shall give Seller at least 30 days advance notice of any such registration and the exact terms and conditions of such offering of securities all at the expense of Buyer. "Piggyback registration rights" granted hereunder means that Buyer shall exercise its best efforts to obtain registration of the securities issued to Seller hereunder in the event Buyer registers with the Securities and Exchange Commission any of the same class of securities for sale to the public. Buyer and Buyer Shareholders agree that in the event Buyer registers any securities for sale to the public by the Buyer shareholders, Buyer shall cause the registration of an equal number of securities to be registered for Seller. Therefore, if Closing is after October 1, 1996, then the Purchase Price shall be the same as if Closing occurred prior to August 1, 1996)
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Related to Delay Amount

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • L/C Amount means the sum of (i) the aggregate face amount of any issued and outstanding Letters of Credit and (ii) the unpaid amount of the Obligation of Reimbursement.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • FX Reduction Amount is defined in Section 2.1.3.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Termination Amount has the meaning set forth in Section 7.02(a).