Designated Payment definition

Designated Payment means the amounts (if any) required to be paid to satisfy amounts then payable by the Pledgor to Nationwide pursuant to the Nationwide Agreement.
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Designated Payment shall be paid as follows: a. On October 2, 2017, you shall be paid $1,000,000, less applicable taxes and withholdings; b. On June 30, 2018, you shall be paid $2,000,000, less applicable taxes and withholdings; c. On October 1, 2018, you shall be paid $2,000,000, less applicable taxes and withholdings; and d. On the later of (x) January 15, 2018 and (y) FGL Closing Date, you shall be paid $1,000,000, less applicable taxes and withholdings.
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Designated Payment means (i) any payment of Contingent CPI Rent or Deferred Contingent CPI Rent, or (ii) any payment received by the Owner Participant in lieu of Contingent CPI Rent or Deferred Contingent CPI Rent and paid in respect of Adjusted Termination Amount or the purchase price for the Beneficial Interest pursuant to Section 13.04 of the Participation Agreement or the Premises pursuant to Section 7(a) of the Lease. Notwithstanding the foregoing, if the Note dated January 14, 1999 from the Maker to USSC shall be outstanding, the amount of any Designated Payment hereunder shall be reduced by the amounts thereof paid in respect of such Note. Maker may at any time prepay this Note, in whole or in part, without penalty, provided, however, that such
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Examples of Designated Payment in a sentence

  • As soon as any invoice is received in the Designated Payment Office during normal business hours, such invoice shall be date-stamped.

  • As soon as any invoice is received in the Designated Payment Office during normal business hours, such invoice shall be date- stamped.

  • The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to the Designated Payment Account; provided that ABR Revolving Loans made to finance the reimbursement of an LC Disbursement as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank.

  • Each installment payment shall be due in advance on the first day of each calendar month during the lease term to Landlord at [Landlord's Designated Payment Address] or at such other place designated by written notice from Landlord or Tenant.

  • The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to the Designated Payment Account.

  • Commitment Fees shall be due and payable in arrears on each Designated Payment Date commencing on the first such date following the Execution Date and on the Maturity Date.

  • By providing Your Designated Payment Method information, (i) You represent and warrant to Veo that You are an authorized user of such Designated Payment Method and (ii) You are authorizing Veo to charge all fees incurred by You as provided in this Agreement to the Designated Payment Method.

  • You hereby consent to Veo charging Your Designated Payment Method as amounts are due and Veo shall not be required to obtain any further consent from You in order to charge such Designated Payment method.

  • Unless otherwise specified in this Agreement, a Proper Invoice submitted by the Contractor to the Designated Payment Office shall be required to initiate payment for goods, property or services.

  • Designated Payment Level The amount used to calculate your BCBSM copayment under the BlueCard Program.


More Definitions of Designated Payment

Designated Payment. Any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Borrower or Bank, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in the Borrower or Bank or any option, warrant or other right to acquire any such Equity Interests in the Borrower or Bank.
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Designated Payment means (i) any payment of Contingent CPI Rent or Deferred Contingent CPI Rent, or (ii) any payment received by the Owner Participant in lieu of Contingent CPI Rent or Deferred Contingent CPI Rent and paid in respect of Adjusted Termination Amount or the purchase price for the Beneficial Interest pursuant to Section 13.04 of the Participation Agreement or the Premises pursuant to Section 7(a) of the Lease.
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Designated Payment means any amount that is required to be treated as a "Designated Payment" by any provision of this Agreement.
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Designated Payment by the Lender means that the Borrower authorizes the Lender to pay the loan capital to the Borrower’s counterparties for the purposes agreed herein. For the designated payment by the Lender, before the extension of the loan capital, the Borrower shall provide the relevant transaction documents in conformity with the purposes agreed herein, and the loan capital will be promptly paid to the Borrower’s counterparties through its account after being reviewed and approved by the Lender. For the designated payment by the Lender, after the loan capital is paid to the Borrower’s counterparties, if the loan capital is returned due to the revocation, cancellation, or invalidity of the underlying transaction contract, the Lender has the right to collect the loan in advance for the returned loan capital as agreed in Article 12 of this Contract.
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Related to Designated Payment

  • Permitted Payment as defined in Subsection 8.2(b).

  • Designated Payment Office means the Office of NYSERDA’s Controller, located at ▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇.

  • Permitted Payments has the meaning specified in Section 7.06(b).

  • Prohibited Payment means any bribe, rebate, payoff, influence payment, kickback or other payment or gift of money or anything of value (including meals or entertainment) to any officer, employee or ceremonial office holder of any government or instrumentality thereof, political party or supra-national organization (such as the United Nations), any political candidate, any royal family member or any other person who is connected or associated personally with any of the foregoing that is prohibited under any Law for the purpose of influencing any act or decision of such payee in his official capacity, inducing such payee to do or omit to do any act in violation of his lawful duty, securing any improper advantage or inducing such payee to use his influence with a government or instrumentality thereof to affect or influence any act or decision of such government or instrumentality.

  • Restricted Payment means any dividend or other distribution (whether in cash, securities or other property) with respect to any Equity Interests in the Borrower or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Equity Interests in the Borrower or any Subsidiary or any option, warrant or other right to acquire any such Equity Interests in the Borrower or any Subsidiary.