First Payment Amount definition

First Payment Amount. The term “First Payment Amount” shall mean: (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 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 has the meaning set forth in Section 2.6(a).
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Examples of First Payment Amount in a sentence

  • Yes No If multiple payments are required, please provide: First Payment Amount: First Payment Date: (A payment tracking form will be sent to you to use for submitting multiple payments.) Hold Check Department picking up check: FOAPA to charge for Services- If multiple, please indicate how to split by amount or percentage: FUND ORG ACCOUNT PROG ACTIVITY AMOUNT/PERCENT 72110 72110 72110 I certify that the services described have been performed satisfactorily.

  • The aggregate purchase price to be paid by the Purchaser to the Seller for the Intellectual Property shall be the sum of the First Payment Amount and the Second Payment Amount, payable in accordance with Section 4.02 hereof.

  • Yes No If multiple payments are required, please provide: First Payment Amount: First Payment Date: (A payment tracking form will be sent to you to use for submitting multiple payments.) Hold Check Department picking up check: NOTE: Held checks not picked up after two weeks will be mailed to contractor.


More Definitions of First Payment Amount

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 means USD 34,076,274.63.
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First Payment Amount means $336,000,000.
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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 has the meaning set forth in Section 2.4(a).

  • Payment Amount as defined in Section 3.5.

  • 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, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

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

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

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

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off 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;

  • 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 2.5(a).

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • 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.