Liquidated Sum definition

Liquidated Sum has the meaning specified in Section 7.03(a).
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Liquidated Sum means an amount treated as liquidated damages recoverable on demand as compensation. Operating Hours means 8.00am to 2.00pm which includes the , unless specified otherwise in the Application Form or by the Club and/or Council in writing. Permitted Use means the permitted use of the Allocated Space, specified for the sale of items as part of the Event. Site means the site of the Event, being the Lane Cove Civic accessible via the public carpark from Little Street and Phoenix Street. Term means the period from the Commencement Date to the Terminating date, as specified being for the duration of the Event and only during the Operating Hours.
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Examples of Liquidated Sum in a sentence

  • If Sponsor elects to cancel, then Sponsor shall have the right to retain, as and for liquidated damages, the Down Payment plus the cost of any special work in the Unit ordered by Purchaser, together with any interest earned thereon (hereinafter called the "Liquidated Sum"), and any sums in excess thereof (but without any interest earned thereon) shall be returned to Purchaser promptly thereafter.

  • Therefore, it is the provisions of Article 242(1)(a) which are important in this case, and in particular, the question of whether the statutory demand was in “the prescribed form”.[7] The prescribed form of the statutory demand discloses that it applies to “Debt for Liquidated Sum Payable Immediately”.

  • Other costs The Club is solely responsible for the cost of any repairs to the Allocated Space unless such repairs are made necessary by your use of the Allocated Space or any act, neglect or default by You, in which case such repairs must be paid by You and if such repairs are paid for by the Club, such payment may be recovered from you as a Liquidated Sum payable on demand.

  • The Club may recover from You, any loss or damages in respect of any damage to the Allocated Space where the damage was caused by your negligence or wilful act or omission and where such costs or charges shall be recoverable as a Liquidated Sum.

  • If the Buyer fails to perform any covenants or obligation of this Agreement, the xxxxxxx money deposit paid (the "Liquidated Sum"), or agreed to be paid, may be retained by the Seller as agreed upon liquidated damages as consideration for the execution of this Agreement and full settlement of any claims arising from or related to this Agreement.

  • The Club has the right to impose additional charges where the Allocated Space and their surrounds are not left in a clean and tidy condition, where garbage is not correctly disposed of, and where You access the Allocated Space prior to the Commencement Date, or fail to vacate after the Terminating Date or use the Allocated Space outside of the Operating Hours and where such costs or charges shall be recoverable from you as a Liquidated Sum.

  • Any fees and charges that are outstanding at any time may be recovered from You by the Club as a Liquidated Sum and payable on demand together with the cost of any required legal action seeking demand for payment where payment is not made within the time required.

  • There was a lot of detail to be collated, mistakes in the rights of way officer’s report to be corrected and statements about consultations to be clarified as she had been unaware of them.

  • See, generally, Annotation, Validity and Construction of Lease Provision Requiring Lessee to Pay Liquidated Sum for Failure to Vacate Premises or Surrender Possession at Expiration of Lease (1952), 23 A.L.R.2d 1318.

Related to Liquidated Sum

  • Liquidated Loan A Mortgage Loan with respect to which the related Mortgaged Property has been acquired, liquidated or foreclosed and with respect to which the applicable Servicer determines that all Liquidation Proceeds which it expects to recover have been recovered.

  • Liquidated Lease means a 2016-B Lease that is terminated and charged off by the Servicer prior to its Maturity Date following a default thereunder.

  • Consolidated Cash Interest Charges means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis, that portion of Consolidated Interest Charges that is either paid or required to be paid in cash during such period, but excluding prepayment or similar premiums paid in connection with any prepayment, repurchase or redemption of Consolidated Funded Indebtedness.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Liquidated Student Loan means any defaulted Trust Student Loan liquidated by the Servicer (which shall not include any Trust Student Loan on which Guarantee Payments are received) or which the Servicer has, after using all reasonable efforts to realize upon such Trust Student Loan, determined to charge off.

  • Consolidated Interest Incurred for any period means the sum, without duplication, of (1) Consolidated Interest Expense and (2) interest capitalized for such period (including interest capitalized with respect to discontinued operations).

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs).

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Consolidated Interest Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the most recently completed four fiscal quarters to (b) Consolidated Interest Charges for the most recently completed four fiscal quarters.

  • Liquidated Mortgage Loan With respect to any Distribution Date, a defaulted Mortgage Loan (including any REO Property) which was liquidated in the calendar month preceding the month of such Distribution Date and as to which the Master Servicer has determined (in accordance with this Agreement) that it has received all amounts it expects to receive in connection with the liquidation of such Mortgage Loan, including the final disposition of an REO Property.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Interest Charges means, for any period, for the Consolidated Group, all interest expense, including the amortization of debt discount and premium, the interest component under capital leases and the implied interest component under Securitization Transactions, in each case on a consolidated basis determined in accordance with GAAP.

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Consolidated Non-cash Charges means, with respect to any Person for any period, the aggregate depreciation, amortization (including amortization of goodwill and other intangibles) and other non-cash expenses of such Person and its Restricted Subsidiaries reducing Consolidated Net Income of such Person and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP (excluding any such charges constituting an extraordinary item or loss).

  • Consolidated Rentals means, with reference to any period, the Rentals of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Consolidated Rental Expense means, for any period, the total rental expense for operating leases of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis for such period; provided that Consolidated Rental Expense shall not be reduced by any rental income.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Amortization Expense means, for any period, the amortization expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Consolidated Interest Income means, with respect to any period, total interest income of the Borrower and its Subsidiaries, determined on a consolidated basis in accordance with GAAP for such period.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.