Final Installment Payment definition

Final Installment Payment means an amount equal to the sum of Four Million Five Hundred Seventeen Thousand Dollars ($4,517,000.00) and the Negotiated Settlement Revenue for the Applicable Prior Period, if any; provided, however, that in the event the Final Installment Date takes place prior to February 15, 2000 due to a Change in Control Event, then the amount of Four Million Five Hundred Seventeen Thousand Dollars ($4,517,000.000) shall be reduced by an amount equal to the Discount Factor Amount (as hereinafter defined); (viii) "Negotiated Settlement Revenue" shall mean fifty percent (50%) of the fees actually received by the Business under the contracts listed on Exhibit 1.6(g)(viii)(1) hereto with respect to the claims identified on Exhibit 1.6(g)(viii)
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Final Installment Payment means an amount equal to fifty percent (50%) of the Final Gross Profits Amount; (xi) "Service Revenues Earned" shall mean the fees earned for provision of the following services ("Services"): bill ▇▇▇it, DRG audit, credit balance review, outpatient review, trauma review, infusion therapy audit, focus audit, consulting services and new services for which Shareholder has direct management responsibility during the term of her employment with Purchaser in accordance with the agreement attached hereto as Exhibit 5.11, net of any write-offs required due to client adjustment to billed amounts; and (xii) "Direct Cost of Providing Services" shall mean salaries, benefits and payroll taxes related to the auditors and preppers employed by Purchaser, fees paid to contract auditors or preppers in connection with Services, travel and automobile allowances for all auditors and preppers and any other cost of supplies, or copies directly relating to the provision of Services.
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Final Installment Payment has the meaning set forth in Section 1.4(d).
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Examples of Final Installment Payment in a sentence

  • The term of this Agreement shall extend from the Effective Date to the Final Installment Payment Date or to such earlier date as all amounts due or to become due to the WIFIA Credit Provider hereunder have been irrevocably paid in full in immediately available funds.

  • Until LSI has received full payment of all amounts due under the Final Installment Payment, LSI shall have and at its discretion may exercise a right to offset any and all amounts otherwise payable pursuant to this Agreement against payment due to LSI pursuant to the Final Installment Payment at any time after the Final Installment Payment, in whole or in part, has become due but remains unpaid.

  • For the avoidance of doubt, to the extent any employee listed on Schedule 6.5(a) does not earn his or her Final Installment Payment under his or her respective Retention Agreement, Buyer shall be entitled to retain the amount of such payment.

  • The City shall fail to (i) pay when due any part of any Installment Payment due and payable under the ISA and such failure continues for a period of five (5) days, or (ii) make any mandatory prepayment required pursuant to the provisions of Section 9 (Prepayment) and Article VII (Prepayment of Installment Payments) of the ISA, in each case when and as the payment thereof shall be required under the ISA and this Agreement or on the Final Installment Payment Date (each such failure, a “Payment Default”).

  • The amount of each Installment Payment shall be calculated by the WIFIA Credit Provider in such manner that each of such payments shall be approximately equal in amount, in order for the Outstanding Balance (the aggregate unpaid Principal Components of the Installment Payments) to be reduced to $0 on the Final Installment Payment Date.

  • Notwithstanding anything herein to the contrary, all Installment Payments and all Additional Payments then due and payable remaining unpaid as of the Final Installment Payment Date shall be due and payable in full on the Final Installment Payment Date (or on any earlier date on which the Outstanding Balance (and the corresponding unpaid Principal Components of the Installment Payments) are subject to mandatory prepayment).

  • UMB shall be entitled to be reimbursed by Employee for any Installment Payments made by UMB after re-employment commenced, and Employee agrees to reimburse UMB, and that UMB may offset any sums due it against any Final Installment Payment due Employee.

  • The Equity Investor shall promptly notify the other parties hereto in writing (which notification shall be sent to the e-mail recipients listed in Annex I) upon its receipt of each Scheduled Equity Payment (including the Equity Distribution Amount); provided, however, that neither the transmission by the Equity Investor nor the receipt by such other parties hereto of any such notification shall be a condition to the occurrence of the Final Installment Payment Effective Time.

  • At and after the Closing, as applicable, Purchaser will have sufficient unrestricted cash or cash equivalents or will have borrowing facilities that together will be sufficient to enable it to consummate the transactions contemplated to occur at the Closing (including the payment of the Closing Cash Payment) and to pay the Final Installment Payment and all of its other current liabilities (including all liabilities coming due on or prior to the Final Installment Date).

  • The Final Installment Payment shall in any event be made within two (2) years following the Retirement date.