Equalisation Payment definition

Equalisation Payment means an amount paid in accordance with clause 26 of Schedule 1 (subject to any determination of the Directors to the contrary) calculated at such rate per Share of Shares Class as shall be determined by the Directors by reference to their estimate from time to time of the next dividend to be declared in respect of the relevant Share Class Fund(s) the portfolio(s) maintained in accordance with clause 26 of Schedule 1 which shall be kept separate in respect of each Share Class or the relevant Share Classes (where more than one Share Class has been created to participate in a Fund) to which all assets and liabilities, income and expenditure attributable or allocated to each such Fund shall be applied and charged.

Equalisation Payment means that part of the Issue Price credited to the Equalisation Account upon subscription for Participating Shares in accordance with article 9(4) hereof,

Equalisation Payment means (in relation to a Share issued by the Manager) the capital sum deemed by the Manager to represent the amount included in the issue price of such Share to reflect Income of the Designated Portfolio concerned accrued up to the date of issue thereof, the amount of which shall be credited to the Income Equalisation Account, and (in relation to a Share sold by the Manager) the sum equivalent to the Equalisation Payment which would relate to a Share issued on the same day;

Examples of Equalisation Payment in a sentence

• Any amounts paid by way of Equalisation Payment shall be returnable in whole or in part to the payer only in the events specified in item 22.3 below and not otherwise.

• Equalisation Payment means an amount paid in accordance with clause 25 of Schedule 1 (subject to any determination of the Directors to the contrary) calculated at such rate per Share of a class of Shares as shall be determined by the Directors by reference to their estimate from time to time of the next dividend to be declared in respect of the relevant class.

• Any amounts paid by way of Equalisation Payment shall be returnable in whole or in part to the payer only in the events specified in item 24.3 below and not otherwise.

• Any amounts paid by way of Equalisation Payment shall be returnable in whole or in part to the payer only in the events specified in clause 23.3 below and not otherwise.

• The amount of the Equalisation Payment shall be calculated as set out in paragraphs 4.2.1 to 4.

• The amount of the Equalisation Payment shall be calculated as set out in paragraphs 4.1.1 to 4.1.10.

• Any amounts paid by way of Equalisation Payment shall be returnable in whole or in part to the payer only in the events specified in paragraph 24.3 below and not otherwise.

• Any amounts paid by way of Equalisation Payment shall be returnable in whole or in part to the payer only in the events specified in Clause 24.3 below and not otherwise.

• For REFIT 1, the CRU applied the concept of Opportunity Cost Payment, when referring to the Market Price Equalisation Payment.

• The dependent variables used are the return on equity, return on assets and revenues.

More Definitions of Equalisation Payment

Equalisation Payment means an amount referable to a Class Fund deemed to be paid in accordance with Article 53 and (subject to any determination of the Directors to the contrary) calculated at such rate per Participating Share as shall be determined by the Directors by reference to their estimate from time to time of the next dividend to be declared and paid (subject to the provisions of these Articles) on the class of Participating Shares in respect of which the Equalisation Payment is payable;

Equalisation Payment means any payment to be made by all or any of the Councils to a Refuse Station Operator or Refuse Station Operators in accordance with the Equalisation Formula as determined by the Committee;

Equalisation Payment means the annual fee payable by each Club to the SEABL towards the cost of the administration of the SEABL. This fee includes both Administration and operational costs.