Monthly Availability Payment definition

Monthly Availability Payment means an amount determined in accordance with Sub-
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Monthly Availability Payment has the meaning given to that term in clause 13.1 (Billing Statements);
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Monthly Availability Payment the Contractor‟s fee, in line with term 2.3.1 of the Payments Document.
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Examples of Monthly Availability Payment in a sentence

  • The Monthly Availability Payment and the Monthly Surcharge Payment shall each be computed in accordance with Schedule B.

  • The Monthly Availability Payment is calculated in accordance with Equation B-2 below: Monthly Availability Payment ($) = lesser ofEquation B-2 CurrentMonthly or AvailabilityPayment ($) 100% of AFRRminusCumulative Monthly Availability Payments Excluding Current Monthly Availability Payment ($) 2.

  • NUMBER(10,2) Y MONTHLY_PAYMENT_ GUARANTEE The Monthly Availability Payment for the FacilityThis field must have its value suppressed to 0 for transfer to System Management.

  • The authority herein granted to said officers to vote or represent on behalf of this Corporation any and all shares held by this Corporation in any other corporation or corporations may be exercised by such officers in person or by any person authorized so to do by proxy or power of attorney duly executed by said officers.

  • NCPA agrees that it will not seek to increase the level of the Monthly Availability Payment under any MRSA that is part of this Settlement Agreement, under Section 14.3 of such MRSA or by any other means, based on the ISO’s proposal to modify the ISO Tariff to provide for dispatch of Energy under an MRSA at any time prior to the ISO’s establishment of Final Schedules for the Day-Ahead Market operated by the California Power Exchange Corporation.

  • The FOPF for each Mirant RMR Unit under Condition 1, used since June 1999 to determine the Monthly Availability Payment, is an interim rate.

  • C2.1 Owner’s Obligation to Calculate Values The Owner shall calculate a value of the Annual Capacity Charge and Capacity Payment for each Unit and the Monthly Availability Payment for all Units in accordance with the rules set out in this Schedule C, save that if ETEDu < CYy then no value of CPuy shall be calculated for this Unit u (where ETEDU is the Unit Effective Term Completion Date, CYy is the Current Year and CPuy is the Capacity Payment).

  • MONTHLY_PAYMENT_ GUARANTEE The Monthly Availability Payment for the Facility NUMBER(10,2) Y This field must have its value suppressed to 0 for transfer to System Management.

Related to Monthly Availability Payment

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Average means the highest allowable average of “daily discharges” over a calendar month, calculated as the sum of all “daily discharges” measured during a calendar month divided by the number of “daily discharges” measured during that month. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Advance Payment shall have the meaning set forth in Clause 19.2; “Affected Party” shall have the meaning set forth in Clause 21.1;

  • 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.

  • Amount Available means, as to any Remittance Date, an amount equal to

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Sixty-Day Delinquency Rate As to any Payment Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Principal Balance of (a) Mortgage Loans that are 60 or more days delinquent, (b) Mortgage Loans that are 60 or more days delinquent and in bankruptcy or foreclosure and (c) all REO Property, in each case, as of the last day of the preceding month, and the denominator of which is the Pool Balance as of the last day of the related Due Period.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Immediately Available Funds Funds with good value on the day and in the city in which payment is received.

  • sufficient immediately available funds means either (i) sufficient cash denominated in U.S. dollars to purchase the necessary foreign currency, or (ii) sufficient applicable foreign currency, to settle the transaction. Custodian shall provide the Fund with immediately available funds each day which result from the actual settlement of all sale transactions, based upon advices received by Custodian from Subcustodians, Depositories, and Foreign Depositories. Such funds shall be in U.S. dollars or such other currency as the Fund may specify to Custodian.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Credit allowance date means with respect to any qualified equity investment:

  • Servicing Advance Reimbursement Amounts As defined in Section 3.22.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Monthly Remittance Amount The sum of the Group I Monthly Remittance Amount and the Group II Monthly Remittance Amount.