Metals Payment definition

Metals Payment means, for any Precious Metal, (a) the Company’s payment at the office of Sensata herein set forth or such other place as Sensata may from time to time specify in writing in the form of immediately available United States dollars in an amount equal to the Value of such Precious Metal on the date of such payment (or, if the Company had previously provided notice to Sensata of its intention to purchase or settle such Precious Metal on a particular date and Sensata had fixed the Value of such Precious Metal or otherwise acted in reliance on such notice, and at Sensata’s election, the Value of such Precious Metal on the date of fix of Value or other action), plus any applicable premium, or any other purchase price to which the parties have agreed in writing, or (b) after notice to and agreement to the same by Sensata, delivery of like Precious Metal delivered to Sensata’s designated pool accounts, loco London.
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Metals Payment means, for any Precious Metal:
Sample 1
Metals Payment means, for any Precious Metal, (a) the Company’s payment at the Consignor’s Address or such other place as the Consignor may from time to time specify in writing in the form of immediately available United States dollars in an amount equal to the Value of such Precious Metal on the date of such payment (or, if the Company had previously provided notice to the Consignor by telephone or telecopier of its intention to purchase or settle such Precious Metal on a particular date and the Consignor had fixed the Value of such Precious Metal or otherwise acted in reliance on such notice, and at the Consignor’s election, the Value of such Precious Metal on the date of fix of Value or other action), plus any applicable premium, or any other purchase price to which the parties have agreed in writing, or (b) after notice by telephone or telecopier to an agreement to the same by the Consignor, delivery of like Precious Metal to the Consignor’s designated pool accounts, loco London or through a recognized third party acceptable to the Consignor.
Sample 1

Examples of Metals Payment in a sentence

  • The Companies shall make a Metals Payment within two (2) Business Days for all Consigned Precious Metal so purchased (but HSBC may permit the Companies to pay prior to such time without premium or discount).

  • The Consignees shall make a Metals Payment within two (2) Business Days for all Consigned Precious Metal so purchased (but the Bank may permit the Consignees to pay prior to such time without premium or discount).

  • The Company shall make a Metals Payment daily for all Consigned Precious Metal so purchased.

  • Until such time as Metals Payment has been made for the Consigned Precious Metal , the Consignees will afford the Consigned Precious Metal no less safekeeping protection than it affords Consigned Precious Metal held for its own account and Consignees shall bear all risk of loss or damage to the Consigned Precious Metal.

  • The Company shall make a Metals Payment within two (2) Business Days for all Consigned Precious Metal so purchased (but the Consignor may permit the Company to pay prior to such time without premium or discount).

  • The Company shall make a Metals Payment within two (2) Business Days for all Consigned Precious Metal so purchased (but HSBC may permit the Company to pay prior to such time without premium or discount).

  • Payment of such Consigned Precious Metal shall be made by paying to Bank the applicable Metals Payment of the Consigned Precious Metal then held by the Consignees as of the date and time of termination and by so paying such amount, the Consignees shall be deemed to have purchased the Consigned Precious Metal.


More Definitions of Metals Payment

Metals Payment means, for any Precious Metal, (a) the Companies’ payment at HSBC’s Address or such other place as HSBC may from time to time specify in writing in the form of immediately available United States dollars in an amount equal to the Value of such Precious Metal on the date of such payment (or, if the Companies had previously provided notice to HSBC by telephone or telecopier of their intention to purchase or settle such Precious Metal on a particular date and HSBC had fixed the Value of such Precious Metal or otherwise acted in reliance on such notice, and at HSBC’s election, the Value of such Precious Metal on the date of fix of Value or other action), plus any applicable premium, or any other purchase price to which the parties have agreed in writing, or (b) after notice by telephone or telecopier to and agreement to the same by HSBC, delivery of like Precious Metal delivered to HSBC’s designated pool accounts, loco London or through a recognized third party acceptable to HSBC.
Sample 1
Metals Payment means, for any Precious Metal, (a) the Consignees' payment at the address of the Bank set forth herein or such other place as the Bank may from time to time specify in writing in the form of immediately available United States dollars in an amount equal to the Dollar Value of such Precious Metal on the date of such payment (or, if the Consignees had previously provided notice to the Bank by telephone or telecopier of their intention to purchase or settle such Precious Metal on a particular date and the Bank had fixed the Dollar Value of such Precious Metal or otherwise acted in reliance on such notice, and at the Bank's election, the Dollar Value of such Precious Metal on the date of fix of Dollar Value or other action), plus any applicable premium, or any other purchase price to which the parties have agreed in writing, or (b) after notice by telephone or telecopier to and agreement to the same by the Bank, delivery of like Precious Metal delivered to the Bank's designated pool accounts, loco London or through a recognized third party acceptable to the Bank.
Sample 1
Metals Payment means, without duplication: (i) with respect to Applicable Metals produced from the Property purchased by an Offtaker from a Colossus Entity, the receipt by a Colossus Entity of payment or other consideration from the Offtaker in respect of any Applicable Metals produced from the Property, and (ii) with respect to Applicable Metals produced from the Property and refined, smelted or otherwise beneficiated by an Offtaker on behalf of a Colossus Entity, the receipt by a Colossus Entity of Refined Metals from the Offtaker. For greater certainty and without limitation a Metals Payment with respect to Applicable Metals produced from the Property includes the receipt by a Colossus Entity of insurance proceeds with respect to an insured loss with respect to such Applicable Metals. In addition, for greater certainty, if a Colossus Entity receives Refined Metals as payment from an Offtaker (including a credit of unallocated ounces in a metals account), then the receipt of those metals shall be deemed to be a Metals Payment and subsequent sales of those Refined Metals shall not be deemed to be a Metals Payment.
Sample 1
Metals Payment means, for any Consigned Precious Metal, (a) the Companies' payment at the office of HSBC herein set forth or such other place as HSBC may from time to time specify in writing in the form of immediately available United States dollars in an amount equal to the Value of such Consigned Precious Metal on the date of such payment (or, if the Companies had previously provided notice to HSBC of their intention to purchase or settle such Precious Metal on a particular date and HSBC had fixed the Value of such Consigned Precious Metal or otherwise acted in reliance on such notice, and at HSBC's election, the Value of such Precious Metal on the date of fix of Value or other action), plus any applicable premium, or any other purchase price to which the parties have agreed in writing, or (b) after notice to and agreement to the same by HSBC, delivery of like Precious Metal delivered to HSBC's designated pool accounts, loco London.
Sample 1

Related to Metals Payment

  • Interim Payment has the meaning specified in Section 10.1.

  • Delta Payment means as it is described in this Agreement.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Progress Payment means a payment by a public agency to a contractor for work in place under the terms of a construction contract.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Bonus Payments means that portion of the bonus payments received by the

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • Excess Payment means the amount paid by any Guarantor in excess of its Ratable Share of any Obligations; (b) “Ratable Share” shall mean, for any Guarantor in respect of any payment of Obligations, the ratio (expressed as a percentage) as of the date of such payment of Obligations of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of all of the Loan Parties exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties hereunder) of the Loan Parties; provided, however, that, for purposes of calculating the Ratable Shares of the Guarantors in respect of any payment of Obligations, any Guarantor that became a Guarantor subsequent to the date of any such payment shall be deemed to have been a Guarantor on the date of such payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such payment; and (c) “Contribution Share” shall mean, for any Guarantor in respect of any Excess Payment made by any other Guarantor, the ratio (expressed as a percentage) as of the date of such Excess Payment of (i) the amount by which the aggregate present fair salable value of all of its assets and properties exceeds the amount of all debts and liabilities of such Guarantor (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of such Guarantor hereunder) to (ii) the amount by which the aggregate present fair salable value of all assets and other properties of the Loan Parties other than the maker of such Excess Payment exceeds the amount of all of the debts and liabilities (including contingent, subordinated, unmatured, and unliquidated liabilities, but excluding the obligations of the Loan Parties) of the Loan Parties other than the maker of such Excess Payment; provided, however, that, for purposes of calculating the Contribution Shares of the Guarantors in respect of any Excess Payment, any Guarantor that became a Guarantor subsequent to the date of any such Excess Payment shall be deemed to have been a Guarantor on the date of such Excess Payment and the financial information for such Guarantor as of the date such Guarantor became a Guarantor shall be utilized for such Guarantor in connection with such Excess Payment. This Section 10.06 shall not be deemed to affect any right of subrogation, indemnity, reimbursement or contribution that any Guarantor may have under Law against the Borrower in respect of any payment of Obligations.

  • Cure Payment shall have the meaning set forth in Section 11(b).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Check casher means a person or entity that, for compensation, engages, in whole

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph

  • Cash Exchange Payment means with respect to a particular Call Exchange for which the Corporation has elected to make a Cash Exchange Payment in accordance with SECTION 2.1 of this Agreement or a particular Put Exchange for which the Shareholder has elected to receive a Cash Exchange Payment (and such Cash Exchange Payment is capable of being made) in accordance with SECTION 2.2 of this Agreement:

  • 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.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.