Excess Payment Amount definition

Excess Payment Amount means the amount by which the total of all Payment Amounts from Non- Qualified Transactions processed in a calendar month exceeds 5% of the total of the Payment Amounts of all card Payments processed that month.

Excess Payment Amount means the Payment Amounts from Non-Qualified Transactions processed in a calendar month.

Excess Payment Amount has the meaning set forth in Section 5.07.

Examples of Excess Payment Amount in a sentence

• To consider the draft report and recommendations of the scrutiny review into the Housing Allocation Policy.

• Client shall be billed additional Paymentus Service Fees equal to 3.5% of the Excess Payment Amount for each month during which there is an Excess Payment Amount.

• The Net Worth Excess Payment Amount shall be allocated to the Stockholders on the same ratio basis as the Merger Consideration is allocated amongst the Stockholders in accordance with ADDENDUM 1.

• On each Required Payment Date, the Borrower shall prepay the outstanding principal balance of the Loans by an amount equal to the Excess Payment Amount.

• On the date on which the Per Share Escrow Release Amount, the Per Share Expense Fund Distribution Amount, the Per Share Earn-out Payment Amounts, or the Per Share Excess Payment Amount, if any, are payable to holders of Company Capital Stock pursuant to Section 1.6, Parent shall, or shall cause the Surviving Corporation to, disburse the corresponding amounts under this Section 1.8 due to such former holders of Company Options, less any required withholding of Taxes under applicable Law.

More Definitions of Excess Payment Amount

Excess Payment Amount has the meaning set forth in Section 2.5(f)(i).

Excess Payment Amount means at any time a payment is made on an Underlying Loan, the amount by which (a) payments received from an Underlying Borrower in respect of a repayment of principal in connection with the Underlying Loan exceeds (b) debt service then due and payable on the related Facility Loan (including, without limitation, required payments to Lenders of a Proportionate Amount of any principal payments on the Underlying Loan).

Excess Payment Amount means the

Excess Payment Amount means the amount by which a Release Payment for an Eligible Asset exceeds the Maximum Allowed Advance for such Eligible Asset.

Excess Payment Amount means the total amount of the Payment Amount paid with Non-Qualified Cards that exceeds 5% of the total Payment Amount processed in a calendar month.

Excess Payment Amount means upon receipt of any Mandatory Principal Payment, the amount by the which the Minimum Loan Amount would exceed the aggregate of (a) the outstanding principal balance of the Loan plus (b) the L/C Exposure, if the Mandatory Principal Payment was applied toward payment of the Obligations.

Excess Payment Amount means, as of each Required Payment Date, an amount equal to the lesser of (a) the Total Portfolio Net Receipts for the most recently ended Excess Payment Period, or (b) the Excess Payment Accrued Amount.