Early Termination Payment Amount definition

Early Termination Payment Amount is defined in Section 4.03(b) of this Agreement.
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Early Termination Payment Amount in respect of a TRA Party shall equal the present value, discounted at the Early Termination Rate (using a mid-year convention) as of the applicable Early Termination Effective Date, of all Tax Benefit Payments in respect of such TRA Party that would be required to be paid by the Company beginning from the Early Termination Date and assuming that the Valuation Assumptions in respect of such TRA Party are applied, provided that the Change of Control Termination Rate (instead of the Early Termination Rate) shall be used to determine the Early Termination Payment in the case of an early termination in connection with a Change of Control.
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Early Termination Payment Amount means the Seller Insolvent Party Amount or, as the case may be, the Buyer Insolvent Party Amount.
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Examples of Early Termination Payment Amount in a sentence

  • Notwithstanding any other provision of this letter agreement, the parties hereto agree that Wheatsheaf shall not, under any circumstances, be obligated under this letter agreement to contribute to, purchase equity or debt of, or otherwise provide funds to, Ostara US or Ostara Parent in any amount in excess of the Early Termination Payment Amount at the applicable time as set out in Schedule C to the Offtake Agreement (the “Cap”) (which in no event shall ever be greater than US$2,000,000).

  • A Non-Insolvent Party may assign the benefit of all or any part of its rights in respect of its interest in any Early Termination Payment Amount payable to it by an Insolvent Party together with any amounts payable on or with respect to that interest and any other rights associated with that interest.


More Definitions of Early Termination Payment Amount

Early Termination Payment Amount has the meaning set forth in Schedule C; (cc) “Effective Date” has the meaning set forth on the face page hereof, January 5, 2021;
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Related to Early Termination Payment Amount

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Termination Payments has the meaning specified in Section 10(a).

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

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

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Early Termination Event has the meaning specified in Section 9.2.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Charge means, with respect to any 2019-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2019-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2019-B Lease balance over the related 2019-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Early Termination Schedule is defined in Section 4.2 of this Agreement.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • 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.