Lump Sum Payments means payments of sums of money by either or both Parties to the other for a Developer Variation or ESCo Variation against a timetable to be agreed between the Parties in accordance with this Schedule 15 or determined pursuant to the Dispute Resolution Procedure;
Lump Sum Payments means the payments provided for in the First District Act Amendment calculated under the formula set forth in Appendix F.
Lump Sum Payments means up-front or lump-sum license fees paid by the Glass Supplier to the Asserting Party (e.g., annual license fees, but excluding, in any event, Running Royalty Payments) in consideration of, and to the extent reasonably attributable to, the grant of license rights by the Asserting Party to the Glass Supplier, under the Asserting Party's Patents covering Covered Excluded Glass Products, to make and sell Covered Excluded Glass Products. For the avoidance of doubt, if, under the applicable license agreement, the Asserting Party grants any rights, or provides any consideration, other than only the right to manufacture and sell Covered Excluded Glass Products, only such portion of any up-front or recurring lump-sum license fees shall be taken into account, for purposes of calculating Lump-Sum Payments, that is reasonably attributable to the grant of the right to manufacture and sell Covered Excluded Glass Products (but not any portion of such license fees that is reasonably attributable to other rights granted, or other consideration provided, to the Glass Supplier under such license agreement).
Examples of Lump Sum Payments in a sentence
A Lump Sum Payments: After the final inspection and acceptance of all work under the Contract, by the City, including clean-up, the Contractor shall prepare his statement for final payment and submit it to the Owner for approval.
Payments between the parties and any adjustments to Service Payments in respect of Supervening Events will be made in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments).
Lump Sum Payments by the Company Payment of the amount of any Surrender, partial withdrawal, Death Benefit Proceeds, loan, or payment methods will usually be made within seven days after receipt of all of the applicable Acceptable Notices, and/or due proofs of death.
If no basis for payment is included in the Change Certificate, payment will be made in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments) of this Agreement.
If payments between the parties in respect of Changes, Minor Works and Innovation Proposals include an adjustment to payments (if any) during the Construction Period, Service Payments or otherwise require an update to the Financial Model, Project Co will expeditiously update and will provide such updated Financial Model to the Authority, all in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments) of this Agreement.
More Definitions of Lump Sum Payments
Lump Sum Payments means up-front or lump-sum license fees paid by the Glass Supplier to the Asserting Party (e.g., annual license fees, but excluding, in any event, Running Royalty Payments) in consideration of, and to the extent reasonably attributable to, the grant of license rights by the Asserting Party to the Glass Supplier, under the Asserting Party’s Patents covering Covered Excluded Glass Products, to make and sell Covered Excluded Glass Products. For the avoidance of doubt, *** - indicates material omitted pursuant to a confidential treatment request and filed separately with the Securities and Exchange Commission. if, under the applicable license agreement, the Asserting Party grants any rights, or provides any consideration, other than only the right to manufacture and sell Covered Excluded Glass Products, only such portion of any up-front or recurring lump-sum license fees shall be taken into account, for purposes of calculating Lump-Sum Payments, that is reasonably attributable to the grant of the right to manufacture and sell Covered Excluded Glass Products (but not any portion of such license fees that is reasonably attributable to other rights granted, or other consideration provided, to the Glass Supplier under such license agreement).
Lump Sum Payments. A Member may request a distribution of all or a part of his Account no more frequently than once per calendar year by filing the proper Request for Distribution with the TPA. In the event the Employer has elected to provide an annuity option under the Plan, no distributions may be made from a married Member's Account without the written consent of such married Member's spouse (which consent shall be subject to the procedures set forth below). Installment Payments - To the extent designated by the Employer in the Adoption Agreement and in lieu of any lump sum payment of his total Account, a Member who has terminated his Employment may elect in his Request for Distribution to be paid in up to 20 annual installments, provided that a Member shall not be permitted to elect an installment period in excess of his remaining life expectancy and if a Member attempts such an election, the TPA shall deem him to have elected the installment period with the next lowest multiple within the Member's remaining life expectancy. The amount of each installment will be equal to the value of the total Units in the Member's Account, multiplied by a fraction, the numerator of which is one and the denominator of which is the number of remaining annual installments including the one then being paid, so that at the end of the installment period so elected, the total Account will be liquidated. The value of the Units will be determined in accordance with the Unit values on the Valuation Date on or next following the TPA's receipt of his Request for Distribution and on each anniversary thereafter subject to applicable Regulations under Code Section 401(a)(9). Payment will be made as soon as practicable after each such Valuation Date, but in no event shall payment commence later than April 1 of the calendar year following the calendar year in which the Member attains age 70 1/2 subject to the procedure for making such distributions described below. The election of installments hereunder may not be subsequently changed by the Member, except that upon written notice to the TPA, the Member may withdraw the balance of the Units in his Account in a lump sum at any time, notwithstanding the fact that the Member previously received a distribution in the same calendar year. Annuity Payments - The Employer may, at its option, elect to provide an annuity option under the Plan. To the extent so designated by the Employer in the Adoption Agreement and in lieu of any lump sum payment of his total A...
Lump Sum Payments. All lump sum payments shall be considered earned wages for pension purposes under the Ontario Municipal Employees’ Retirement System (OMERS) and the Teachers’ Pension Plan (OTPP).
Lump Sum Payments. All lump sum payments shall be considered earned wages for pension purposes under the Teachers' Pension Plan.
Lump Sum Payments. Any purchase payment of $5,000 or more. EASY PAY PAYMENT: $50 or more per month. MAXIMUM TOTAL PURCHASE PAYMENTS: The maximum total of all purchase payments is $500,000 without our prior consent.]
Lump Sum Payments. Any purchase payment of $5,000 or more. Easy Pay Payment: $50 or more per month. Maximum Total Purchase Payments: The maximum total of all purchase payments is $500,000 without our prior consent.]
Lump Sum Payments. At the Closing, the amount of US$100,000 (one hundred thousand US dollars) will be paid by the Purchaser to the Company. Furthermore, an aggregate amount of US $150,000 (one hundred and fifty thousand US dollars) will be paid by the Purchaser to the Shareholders the amount payable to the Shareholders to be divided between the Shareholders in equal shares. On each of April 30th, 1999 and July 31, 1999, the Purchaser shall also pay to Company $ 37,500( thirty seven thousand five hundred US dollars) and to the Shareholders $ 37,500( thirty seven thousand five hundred US dollars) , to be divided between the Shareholders in equal shares.