First Payment Amount definition

First Payment Amount means: (i) in the event that the Closing Date Appraised Value is equal to or greater than the Target Value, the First Payment Amount shall be an amount equal to $1,023,669.60; (ii) in the event that the Closing Date Appraised Value is less than the Target Value but greater than the Threshold Value, the First Payment Amount shall be equal to the Closing Date Appraised Value less the Threshold Value; (iii) in the event that the Closing Date Appraised Value is less than the Threshold Value, the First Payment Amount shall be equal to zero.
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First Payment Amount means US$165,764,709, which is equal to the present value of US$200 million payable on February 1, 2011 calculated as of February 12, 2009 applying a discount rate of 10% per annum;
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First Payment Amount has the meaning set forth in Section 2.6(a).
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Examples of First Payment Amount in a sentence

  • The Interest shall be paid by OPG in one instalment on the date of the Second Payment.For the avoidance of doubt, the First Payment Amount shall bear no interest.

  • Purchaser shall pay the Purchase Price in two installments, with the First Payment Amount due and payable to Seller on the First Payment Date, and the Second Payment Amount due and payable to Seller on the Second Payment Date.

  • For the avoidance of doubt, the First Payment Amount shall bear no interest.

  • Rodgers, the Court did not break it down and analyze that single piece of the bundle as the Court did in Craft.

  • Note – in all cases (excluding secondary market purchases), you will need to contact ABN AMRO to obtain either the First Payment Amount, the Cashback Amount or the Rollover Amount.

  • The information for this research will be purely for academic purposes and the recommendations made will be of great importance to the hospitality industry.

  • Party A First Payment Amount Business Days: New York Party A Second Payment Amount ----------------------------- Party A Second Payment Amount: Capital Appreciation (as defined below), if any.

  • Accordingly, if your employment with the Affiliated Group terminates on or before the Closing Date for any reason, other than if the Affiliated Group terminates your employment without Cause (as defined below) or you terminate your employment pursuant to a Constructive Termination, then you will not be entitled to the First Payment Amount.

  • In the event that the First Payment Amount is not paid on or before the First Payment Date, then the full amount of unpaid principal and accrued interest outstanding under the Green Note shall become immediately due and payable five (5) days following written notice received by Green of non-payment of the First Payment Amount.

  • Upon payment of the First Payment Amount, the Principal Amount shall be reduced by the First Payment Amount.


More Definitions of First Payment Amount

First Payment Amount means an amount no less than eleven million and nine hundred thousand Dollars (US$11,900,000) paid by Thermo to the Interim Escrow Account and which will be:
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First Payment Amount means $400,000,000.
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First Payment Amount means $336,000,000.
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First Payment Amount means USD 34,076,274.63.
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Related to First Payment Amount

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • 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.

  • Payment Amount has the meaning specified in Section 6.1.

  • Closing Payment Amount will have the meaning set forth in Section 1.3(a).

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • 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.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Interest Payment Determination Date means the date two U.S. Government Securities Business Days before each Interest Payment Date.

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

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

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Earn-Out Payment has the meaning set forth in Section 2.3(a).

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Redemption Payment Date As defined in Section 13.1.