LD Amount definition

LD Amount is defined in Section 19.4.B.
LD Amount means an amount which represents a genuine pre-estimate of the damage that the ANU may suffer pursuant to clause 39.1, as specified in the Agreement Details;
LD Amount means an amount equal to (i) 0.50% of the VWAP of the Registrable Securities at all times prior to December 31, 2007 and (ii) 1.00% of the VWAP of the Registrable Securities at all times after December 31, 2007.

Examples of LD Amount in a sentence

  • In addition to 10% of LD, GST @18% will be separately deduct on Liquidated damages (LD) Amount.

  • In addition to 10% of LD, GST @18% will be separately deducting on Liquidated damages (LD) Amount.

  • If for all Milestones the combined excused extensions exceed twelve (12) months in the aggregate as described in Section 4.4(a)(ii), or if for any reason Seller fails to pay, or discontinues paying, any or all of the Daily LD Amount when due, Buyer may terminate this Agreement by written notice to Seller.

  • Buyer shall be entitled to draw upon the Development Assurance posted by Seller for its Daily LD Amount until the Development Assurance is exhausted, subject to the provision for replenishment set forth in Section 9(a)(1).

  • If the combined excused extensions for any individual Milestone exceed six (6) months in the aggregate as set forth in Section 4.4(a)(i), Seller shall be liable to Buyer for liquidated damages for each day or portion of a day of unexcused delay in an amount equal to the Daily LD Amount.

  • The Parties agree that Buyer’s receipt of the Daily LD Amount shall (x) not be construed as Buyer’s declaration that an Event of Default has occurred under any provision of Article VII and (y) not limit Buyer’s right to receive a Termination Payment or Damage Payment, as applicable, upon exercise of Buyer’s default right pursuant to Article VII.

  • Each Party agrees and acknowledges that (I) the damages that Buyer would incur due to Seller’s delay in achieving the Milestones would be difficult or impossible to predict with certainty and (II) the Daily LD Amount is an appropriate approximation of such damages.

  • For Output delivered to Buyer pursuant to this Agreement, Buyer or its agent shall pay Seller by electronic transfer of funds by the later of the twentieth (20th) day of the month or the tenth (10th) Business Day after the invoice is received in accordance with Section 3.2, subject to Buyer’s right to set-off any Daily LD Amount or Performance LDs owed by Seller to Buyer as described in Sections 4.4(b)(iii) or 4.6(b)(iii), respectively.

  • In such event, Buyer shall promptly return to Seller all Development Assurance, Interim Assurance or Performance Assurance, as applicable, less any LD Amount paid by or due and payable by Seller prior to the date of such termination for reasons unrelated to this Section 6.3. For the avoidance of doubt, this Section 6.3 shall not affect the rights and remedies associated with any other termination rights set forth in this Agreement.

  • In the event that Seller fails to meet the Construction Start Date or Commercial Operation Date by the applicable Milestone deadline, as set forth in Sections 4.3(b)(i) and (ii), as such deadlines may be extended in accordance with Section 4.3(e), Seller shall be liable for liquidated damages in the amount equal to the Daily LD Amount for each day that Seller is late in satisfying the Milestone.


More Definitions of LD Amount

LD Amount. The Daily LD Amount multiplied by 365 (three hundred sixty five).
LD Amount means liquidated damages payable in respect of each elapsed day referred to in: (a) clause 4.10(b) in an amount equal to the quotient of: (i) the Guaranteed Annual Container Movements Fees that apply in respect of the Operating Year in which such day occurs in; and (ii) three hundred sixty five (365); or (b) clause 5.10 or 5.11 in an amount equal to the quotient: (i) the Guaranteed Annual Container Movements Fees that apply (or would have applied but for the relevant delay in the completion of the Terminal Construction Works) in respect of the Operating Year in which such day occurs in; and (ii) three hundred sixty five (365); or (c) clause 8.13 or 12.8 in an amount equal to ten thousand US Dollars (US$10,000.00);
LD Amount means liquidated damages payable in respect of each elapsed day referred to in:

Related to LD Amount

  • Threshold Amount means $5,000,000.

  • Withheld Amount means any amount required to be withheld by the Partnership to pay over to any taxing authority as a result of any allocation or distribution of income to a Partner.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Withheld Amounts shall have the meaning assigned to such term in Section 3.

  • Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • Deficiency Amount shall have the meaning set forth for such term in Section 4.03(a) hereof. “Department” shall mean the South Carolina Department of Revenue.

  • Refund Amount means the maximum refund that is admissible;

  • Specified Amount of a Component Currency shall mean the number of units of such Component Currency or fractions thereof which were represented in the relevant currency unit on the Conversion Date. If after the Conversion Date the official unit of any Component Currency is altered by way of combination or subdivision, the Specified Amount of such Component Currency shall be divided or multiplied in the same proportion. If after the Conversion Date two or more Component Currencies are consolidated into a single currency, the respective Specified Amounts of such Component Currencies shall be replaced by an amount in such single currency equal to the sum of the respective Specified Amounts of such consolidated Component Currencies expressed in such single currency, and such amount shall thereafter be a Specified Amount and such single currency shall thereafter be a Component Currency. If after the Conversion Date any Component Currency shall be divided into two or more currencies, the Specified Amount of such Component Currency shall be replaced by amounts of such two or more currencies, having an aggregate Dollar Equivalent value at the Market Exchange Rate on the date of such replacement equal to the Dollar Equivalent of the Specified Amount of such former Component Currency at the Market Exchange Rate immediately before such division, and such amounts shall thereafter be Specified Amounts and such currencies shall thereafter be Component Currencies. If, after the Conversion Date of the relevant currency unit, a Conversion Event (other than any event referred to above in this definition of “Specified Amount”) occurs with respect to any Component Currency of such currency unit and is continuing on the applicable Valuation Date, the Specified Amount of such Component Currency shall, for purposes of calculating the Dollar Equivalent of the Currency Unit, be converted into Dollars at the Market Exchange Rate in effect on the Conversion Date of such Component Currency.

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Class C Unpaid Realized Loss Amount As of any Distribution Date, the excess of (1) the Class C Applied Realized Loss Amount over (2) the sum of (x) all distributions in reduction of the Class C Unpaid Realized Loss Amounts on all previous Distribution Dates and (y) all increases in the Certificate Principal Balance of such Class C Certificates pursuant to the last sentence of the definition of "Certificate Principal Balance."

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Reference Amount In relation to (a) any Term Obligation, the Outstanding Principal Amount thereof and (b) any Committed Obligation, the Commitment Amount thereof. Utilization Amount: In relation to any Calculation Period, the daily average of the Portfolio Notional Funded Amount during such Calculation Period. Maximum Portfolio Notional Amount: USD750,000,000, or such greater amount as the parties may agree to in writing. Minimum Portfolio Notional Amount: 80% of the Maximum Portfolio Notional Amount. Business Day: New York Business Day Convention: Following (which shall apply to any date specified herein for the making of any payment or determination or the taking of any action which falls on a day that is not a Business Day). If any anniversary date specified herein would fall on a day on which there is no corresponding day in the relevant calendar month, then such anniversary date shall be the last day of such calendar month. Floating Rate Index: Whenever in this Confirmation reference is made to any Floating Rate Option (including any floating rate index specified in any Reference Obligation Credit Agreement) or to USD-LIBOR-BBA (each, a "Floating Rate Index"), in no event may such Floating Rate Index be less than zero. In addition, with respect to any Counterparty First Floating Amount, if payment of interest on a Reference Obligation (or any portion thereof) is subject to the payment of a specified minimum rate regardless of the level of the relevant Floating Rate Index, then, without limiting the effect of the preceding sentence, such Floating Rate Index will be determined without regard to such specified minimum rate. Monthly Period: Each period from and including the 12th day of any calendar month to but excluding the same day of the immediately succeeding calendar month. Calculation Agent: Citibank; provided that, if an Event of Default described in Section 5(a)(vii) occurs with respect to Citibank as Defaulting Party and no Event of Default has occurred with respect to Counterparty as Defaulting Party, then Counterparty may designate any of Bank of America, NA, The Bank of Montreal, Barclays Bank plc, Canadian Imperial Bank of Commerce, Credit Suisse, Deutsche Bank AG, JPMorgan Chase Bank, N.A., UBS AG and Xxxxx Fargo Bank, National Association as Calculation Agent, which designation shall be effective only (a) if such designated entity accepts such appointment and agrees to perform the duties of the Calculation Agent hereunder and (b) so long as such Event of Default with respect to Citibank as Defaulting Party continues. Unless otherwise specified, the Calculation Agent shall make all determinations, calculation s and adjustments required pursuant to this Confirmation in good faith and on a commercially reasonable basis. Calculation Agent City: New York Initial Price: In relation to any Reference Obligation (and the related Transaction), the Initial Price specified in Annex I. The Initial Price will be determined as of the related Obligation Trade Date exclusive of accrued interest and will be expressed as a percentage of the Reference Amount. The Initial Price will be determined exclusive of Costs of Assignment that would be incurred by a buyer in connection with any purchase of the Reference Obligation and exclusive of any Delay Compensation.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Unpaid Realized Loss Amount With respect to any Class A Certificates and as to any Distribution Date, is the excess of Applied Realized Loss Amounts with respect to such Class over the sum of all distributions in reduction of the Applied Realized Loss Amounts on all previous Distribution Dates. Any amounts distributed to the Class A Certificates in respect of any Unpaid Realized Loss Amount shall not be applied to reduce the Certificate Principal Balance of such Class.

  • Like Amount means (a) with respect to a redemption of any Trust Securities, Trust Securities having a Liquidation Amount equal to the principal amount of Notes to be contemporaneously redeemed or paid at maturity in accordance with the Indenture, the proceeds of which will be used to pay the Redemption Price of such Trust Securities, (b) with respect to a distribution of Notes to Holders of Trust Securities in connection with a dissolution of the Trust, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities of the Holder to whom such Notes are distributed and (c) with respect to any distribution of Additional Interest Amounts to Holders of Trust Securities, Notes having a principal amount equal to the Liquidation Amount of the Trust Securities in respect of which such distribution is made.

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • amount when used in regard to securities, means the principal amount if relating to evidences of indebtedness, the number of shares if relating to capital shares and the number of units if relating to any other kind of security.

  • Principal Deficiency Amount For any Distribution Date and for any Undercollateralized Group, the excess, if any, of the aggregate Class Certificate Principal Balance of such Undercollateralized Group immediately prior to such Distribution Date over the sum of the Principal Balances of the Mortgage Loans in the related Loan Group immediately prior to such Distribution Date.

  • FX Reduction Amount is defined in Section 2.1.3.

  • Orderly Liquidation Value means the net amount (after all costs of sale), expressed in terms of money, which Agent, in its Permitted Discretion, estimates can be realized from a sale, as of a specific date, given a reasonable period to find a purchaser(s), with the seller being compelled to sell on an as-is/where-is basis, as reflected in the most recent appraisal delivered hereunder.