FM Termination Payment definition

FM Termination Payment has the meaning set forth in Section 15.4 hereof.

Examples of FM Termination Payment in a sentence

  • Payment of the FM Termination Payment shall be the sole and exclusive liability of Concessionaire, and the sole and exclusive remedy of Contractor, with respect to termination of this Agreement pursuant to this Section 15.4 and the events (including the applicable Concessionaire Default) giving rise to such termination, but it will not affect Contractor’s right to receive amounts otherwise due but unpaid hereunder prior to termination.

  • The FM Termination Payment shall be subject to offset for amounts payable by Contractor to Concessionaire.

  • As a condition precedent to receiving the FM Termination Payment, Contractor shall comply, on behalf of Concessionaire, with all the provisions of the Comprehensive Agreement with respect to the TTMS Work.

Related to FM Termination Payment

  • Termination Payment has the meaning set forth in Section 6.03.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Termination Payments has the meaning specified in Section 10(a).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Compensation Accrued at Termination means the following:

  • Termination Benefit means the benefit set forth in Article 7.

  • Accrual Termination Date Not applicable.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Swap Termination Event means any event defined as a “Swap Termination Event” in the Interest Rate Swap Agreement.

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Agreement Termination Date is defined in Section 7.4.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Termination Fee Event has the meaning ascribed thereto in Section 8.2(2).

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Termination Amount has the meaning set forth in Section 7.02(a).

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Early Termination Event has the meaning specified in Section 9.2.