Future Obligations definition

Future Obligations means all payment or delivery obligations (whether the underlying obligation was absolute or contingent and assuming the satisfaction of each applicable condition precedent) of a party under Section 2(a)(i) in respect of a Terminated Transaction or group of Terminated Transactions, that would, but for the occurrence of the relevant Early Termination Date, have been required after that date. (For this purpose, Unpaid Amounts in respect of the Terminated Transaction or group of Terminated Transactions are to be excluded but, without limitation, any payment or delivery that would, but for the relevant Early Termination Date, have been required (assuming satisfaction of each applicable condition precedent) after that Early Termination Date is to be included).

Future Obligations means any acts, matter or thing, which a party to this Contract will be liable to do (in the future) pursuant to a term of this Contract.

Future Obligations. Any obligations and duties, which by their nature extend beyond the expiration or termination of this Agreement, including but not limited to the confidentiality obligations under Section 8 and the Indemnity obligations under Section 20, shall survive any expiration and termination and remain in effect.

Examples of Future Obligations in a sentence

• NERC’s WCOR Policy provides for the categories of Working Capital and Reserves maintained by NERC: Working Capital, Future Obligations Reserve, Operating Contingency Reserve, System Operator Certification Program Reserve, CRISP Reserve, and Assessment Stabilization Reserve.

• Future Obligation Reserve: $1,633,761The target level for the Future Obligations Reserve at December 31, 2019, as presented in NERC’s 2019 Business Plan and Budget, was $2,039,114; therefore, the target level for this reserve is being reduced by $405,353 at December 31, 2020.

• Subsequent to the effective date of such termination, COMPAQ shall not be liable for any further payment obligations and Quokka shall have no further responsibility to COMPAQ hereunder, except as provided under Section 12, Future Obligations.

• NERC’s WCOR Policy provides for the categories of Working Capital and Reserves maintained by NERC: Working Capital, Future Obligations Reserve, Operating Contingency Reserve (OCR), System Operator Certification Reserve, CRISP Reserve, and Assessment Stabilization Reserve (ASR).

• The 2015 amendments to the WCOR Policy, which NERC filed on September 10, 2105 and FERC approved in Docket RR15-8-000,61 established the categories of Operating Reserves maintained by NERC: Future Obligations Reserve, Operating Contingency Reserve, System Operator Certification Program Reserve, CRISP Reserve, and Assessment Stabilization Reserve.

More Definitions of Future Obligations

Future Obligations means collectively, all debts, liabilities and obligations of the Company, whether now or hereafter existing, arising pursuant to the terms of any Future Loan Agreement.

Future Obligations means any obligations under or by virtue of this Agreement which at the time of any proposed assignment or novation contemplated by clause 34.1 are required to be performed or satisfied by the Developer at any time from or after the date on which that assignment or novation takes effect. Googong Common means the part of the Land shown as such on the Map. GST has the meaning it has in the GST Act.

Future Obligations means any obligations under or by virtue of this deed which at the time of any proposed assignment or novation contemplated by clause 12.1 (“Developer dealing with interests”) are required to be performed or satisfied by the Developer at any time from or after the date on which that assignment or novation takes effect. GST has the meaning it has in the GST Act.

Future Obligations has the meaning set forth in §1.2(a)(i).

Future Obligations means all obligations arising from or incidental to the ownership or operation of, or in any way related to, the Purchased Assets which are not Excluded Liabilities and which arise after the Closing Time.

Future Obligations means either Support Obligations or Comparable Obligations that will occur within the remaining term of a Certificate or other Board-granted authorization. The term includes past and currant expenditures that are both amortized and unrecovered under generally accepted accounting principles at the time of the Certificate Holder's request. The term does not include obligations past due.

Future Obligations means the estimated amounts necessary to pay the debt service and other amounts due in all succeeding fiscal years (until the earlier of the final maturity date of the Bonds or the Remaining Limit Amount is estimated to be reached) with respect to the Bonds, applicable Pass -Through Agreements, deposits into the Housing Fund and other statutory obligations, any subordinate debt and the Agency’s administrative costs; provided that, in estimating the portion of the Future Obligations related to the Bonds, the amount of remaining debt service will take into account the early prepayment or defeasance of the Bonds estimated to occur using amounts deposited or to be deposited in the Defeasance Escrow Account.