Fixed Monthly Payment definition

Fixed Monthly Payment has the meaning given to it in Section 1.2(a) of Schedule 6. “Forced Outage” has the meaning given to it in Chapter 11 of the Market Rules. “Generation Facility” has the meaning given to it in Chapter 11 of the Market Rules. “Generator” has the meaning given to it in Chapter 11 of the Market Rules.
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Fixed Monthly Payment means the monthly amount confirmed by the Company which will be used to purchase the non-investment linked whole of life insurance policy with Phoenix Life Ltd.
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Examples of Fixed Monthly Payment in a sentence

  • In clarification of the Fixed Monthly Payment, for example, in any month where only three of the Principals remain employed by Representative and continue to perform the obligations contemplated hereby, the aggregate Fixed Monthly Payment will be $2,700.

  • Fixed Monthly Payment to PSALM PhP128,000,888.88 Billing Determinant, Net of 30 Days Outage 87,083 kW The Commission believes that the proposed Margin requires further justification.

  • During the First Extended Term and the Second Extended Term, if applicable, the Fixed Monthly Payment and interest shall continue to be due and payable as set forth in this Note.

  • Fixed Monthlv Pavment to PSALM PhP128,000,888.88 Proposed Margin 10.80% Fixed Monthly Payment plus Margin 141,824,985 Billing Determinant, Net of 30 Days Outage 87,083 kW The following table shows the derivation of the proposed fixed charge: Fixed Charge PhP1,628.61/kW/month To validate the Fixed Monthly Payment of PhP128,000,888.88, the Commission referred the same to the IPPA Agreement.