Differential Sum definition

Differential Sum means the figure (expressed as a positive amount) representing the difference between zero and the negative figure referred to in Condition 18.9;
Differential Sum. Means the difference between the Sale and Purchase Price of the Property and Customer’s Selling Price(s) which is equivalent to the amount financed by the Bank.
Differential Sum has the meaning assigned to it in clause 4.4;

Examples of Differential Sum in a sentence

  • In the event the first balance sum is not sufficient to redeem the Subject Property, the Vendor shall, within fourteen (14) business days of the date of notice from the Trustee's solicitors, make available the difference between the redemption sum and the first balance sum to be paid to the Existing Chargee ("Vendor's Differential Sum").

  • The Purchaser’s solicitors are authorised to present the Transfer and other transfer documents for registration at the relevant land registry only when the Purchaser has paid the full purchase price to the Vendor’s solicitors as stakeholders pursuant to the terms in the SPA or the Vendor’s solicitors have received the Purchaser’s financier’s undertaking and the Differential Sum pursuant to the terms in the SPA.

  • The Group may build the solar farms or roof-top power stations and operate the power stations itself.

  • For the avoidance of doubt, if the Differential Sum is not settled within 7 days from the date of the Enforcement Notice in accordance with the provisions of paragraph 4.9(b) above, the Security Property Completion Date shall be extended accordingly by the same number of days in delay on the part of JBB Builders in settling the Differential Sum.

  • The Land Acquisition Consideration (comprising the Loan Redemption Sum and the Differential Sum) is to be satisfied entirely by cash, which will be funded vide internally generated funds of CITAGLOBAL and its subsidiaries (collectively, the “Group”).

  • The term “Completion Date” has now been amended to mean the date of payment of the Differential Sum less the Retention Sum to Mydin’s solicitors as stakeholders in accordance with the terms of the Second Supplemental Agreement.

  • In this regard, the Trustee is obliged to give Mydin at least seven (7) Business Days prior written notice of the actual date it proposes to pay the Differential Sum (less the Retention Sum) to Mydin’s Solicitors so that Mydin has advance notice of the Completion Date in order for it to deliver the fresh bank guarantees referred under paragraphs (d)(i) and (ii) above.

  • The key takeaway is that biblical names are more steadily declining, based on the highly concentrated blue values on the right side of the timeline.

  • For FYE 31 December 2022, the preferred dividend paid to the Vendors will be limited to RM0.4 million, being the balance of Differential Sum 1, and thereafter, PSSB will no longer be entitled to any more preferred dividends in this regard.

  • Pursuant to the deemed payments herein stated, Sinergi Dayang shall pay the Differential Sum to CITAGLOBAL.


More Definitions of Differential Sum

Differential Sum means the difference between the Balance Disposal Consideration and the sum of the Facility.

Related to Differential Sum

  • Differential Deposit means data that reflects all transactions that were not reflected in the last previous Full or Differential Deposit, as the case may be. Each Differential Deposit will contain all database transactions since the previous Deposit was completed as of 00:00:00 UTC of each day, but Sunday. Differential Deposits must include complete Escrow Records as specified below that were not included or changed since the most recent full or Differential Deposit (i.e., newly added or modified domain names).

  • Principal Sum means the Maximum Benefit.

  • Differential Amount means the Differential Amount as calculated or, respectively, specified by the Calculation Agent pursuant to § 4 of the Special Conditions.

  • Price Differential with respect to any Transaction as of any date, the aggregate amount obtained by daily application of the Pricing Rate for such Transaction to the Purchase Price for such Transaction on a 360 day per year basis for the actual number of days during the period commencing on (and including) the Purchase Date for such Transaction and ending on (but excluding) the date of determination (reduced by any amount of such Price Differential previously paid by Seller to Buyer with respect to such Transaction);

  • Price Differential Payment Date means, with respect to a Purchased Mortgage Loan, the 5th day of the month following the related Purchase Date and each succeeding 5th day of the month thereafter; provided, that, with respect to such Purchased Mortgage Loan, the final Price Differential Payment Date shall be the related Repurchase Date; and provided, further, that if any such day is not a Business Day, the Price Differential Payment Date shall be the next succeeding Business Day.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Default Interest means interest chargeable in terms of this Agreement to unpaid amounts or outstanding obligations which interest shall be calculated, from the due date until date of payment, on a daily balance and compounded monthly in arrear at an annual rate of two percent (2%) above the prevailing, variable prime rate publicly quoted by ABSA Bank Limited from time to time.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Breakage Costs shall have the meaning set forth in Section 2.2.3(h) hereof.

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Provisional Sum means a sum (if any) which is specified in the Contract as a provisional sum, for the execution of any part of the Works or for the supply of Plant, Materials or services under Sub-Clause 13.5 [Provisional Sums].

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.