Estimated Payment definition

Estimated Payment has the meaning set forth in Section 2.2(c).

Estimated Payment means the payment of the Contract Price for an applicable payment period as set forth in Section 6.2 based on weights determined by the clean coal belt scales at the Preparation Plant.

Estimated Payment has the meaning set forth in the Purchase Agreement.

Examples of Estimated Payment in a sentence

• The Estimated Payment is intended to be an approximation of no more than the Specified Percentage, subject to reconciliation.

• The Estimated Payment is intended to be an approximation of no more than the Specified Percentage.

• Items of proration will be handled as an adjustment to the Purchase Price and not as adjustments to the Estimated Payment Amount, unless otherwise agreed by the parties hereto.

• If a reconciliation determines that CEDAR collected more than it was entitled to, then CEDAR will credit to the Account all amounts to which CEDAR was not entitled and, if there is an Estimated Payment, decrease the amount of the Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)’s Receivables from the date of the Agreement through the date of the reconciliation.

• If a reconciliation determines that CEDAR collected less than it was entitled to, then CEDAR will debit from the Account all additional amounts to which CEDAR was entitled and, if there is an Estimated Payment, increase the amount of the Estimated Payment so that it is consistent with the Specified Percentage of Merchant(s)’s Receivables from the date of the Agreement through the date of the reconciliation.

More Definitions of Estimated Payment

Estimated Payment an amount equal to the Net Equity Value of Premier and Premier New Orleans as shown on the Estimated Balance Sheet.

Estimated Payment as defined in Section 3.3(h).

Estimated Payment means a dollar amount equal to the estimated Purchase Price mutually agreed to between Purchaser and Seller calculated (i) if the initial Closing shall occur on or prior to April 30, 2002, as of the Cut-Off Date using the methodology set forth in Section 2.2 and (ii) if the initial Closing shall occur after April 30, 2002, as of the end of the month immediately prior to the Closing using the methodology set forth in Section 2.2 and adjusted for estimated Purchased Financing Contract payments, estimated early terminations of the Purchased Financing Contracts and estimated Line Adds for the Purchased Financing Contracts after the end of such month through the Closing.

Estimated Payment shall have the meaning set forth in Section 6.2(b).

Estimated Payment shall be the dollar amount calculated as follows: (i) the Purchase Price; (ii) plus or minus the Estimated Balance Sheet Adjustment.

Estimated Payment of the tax in respect of the respective Tax Amounts due on the Estimated Payment Date, and not later than fifteen (15) days prior to such Estimated Payment Date, the Partnership shall pay to such Partner an amount equal to such Estimated Payment. The amount of each Estimated Payment received by such Partner shall be treated as a non-interest bearing advance against the amounts distributable in respect of such Partner's pro rata share of Tax Amounts to such Partner for such year. If the aggregate amount of the Estimated Payments received by a Partner for any year shall exceed the distribution to which such Partner actually is entitled under paragraph (a) above, such Partner shall forthwith repay such excess to the Partnership on or before the date set forth in paragraph (a) above, unless such excess shall have been paid to taxing authorities in which event such excess shall be applied to reduce the amount otherwise distributable pursuant to this Section 6.2 in respect of the Partnership's next succeeding fiscal year or years. Each Partner shall seek, to the extent entitled thereto, and contribute to the Partnership any refund of taxes paid by such Partner out of amounts distributed pursuant to this Section 6.2 promptly after receipt of such refund.

Estimated Payment is defined in Section 1.4.2(a).