Monthly Minimum Amount definition

Monthly Minimum Amount means ***.
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Monthly Minimum Amount means: (i) for each month that ends between the Effective Date and the day prior to the first anniversary of the Effective Date, [***] dollars ($[***]); (ii) for each month ends between the first anniversary of the Effective Date and the day prior to the second anniversary of the Effective Date, [***] dollars ($[***]); and (iii) for each month that ends on or after the second anniversary of the Effective Date, [***] dollars ($[***]).
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Monthly Minimum Amount means the minimum guaranteed amount payable monthly to the Operator (i) under the INS Contract or (ii) under any replacement or successor contract for providing services at the Detention Facility. The Monthly Minimum Amount under the INS Contract is initially $1,140,650.
Sample 1

Examples of Monthly Minimum Amount in a sentence

  • For the additional avoidance of doubt, business purpose Loan Accounts and Lending Club Access Loan Accounts are not included in the calculation of whether the Monthly Minimum Amount is reached in a given month, and there is no minimum monthly payment with respect to business purpose Loan Accounts or Lending Club Access Loans.

  • Shareholders should note that the values as indicated in the Minimum Purchase Scenario are not representative of the actual amount PT KP may in fact be able to receive from DPP under the Power Purchase Agreement because DPP may purchase more than the Monthly Minimum Amount every month.

  • Notwithstanding that under the Minimum Purchase Scenario, the value of the Power Purchase Agreement does not exceed 5% of the Group’s latest NTA, the Company has decided to seek Shareholders’ approval for the Power Purchase Agreement as an Interested Person Transaction because of, amongst others, the possibility that DPP may purchase more than the Monthly Minimum Amount in the future.

  • Under the Power Purchase Agreement, DPP shall purchase and pay the electric power sold by PT KP at the Monthly Minimum Amount.

  • The increase of the Monthly Minimum Amount may be adjusted at any time during the term of the Power Purchase Agreement as agreed in writing by the parties and based on the format of purchase order of Electric Power as agreed in writing by the parties.

  • Assuming solely for illustrative purposes only that DPP purchases the Monthly Minimum Amount for a period of 12 months at the Purchase Price (“Minimum Purchase Scenario”) and based on the Group’s latest audited NTA attributable to the equity holders of the Company of S$113,091,000 as at 31 December 2015, the value of the Power Purchase Agreement is approximately S$3,000,000, which represents approximately 2.7% of the Group’s latest NTA attributable to the equity holders of the Company.

  • The Monthly Minimum Amount under the INS Contract is initially $1,140,650.

  • Notwithstanding anything to the contrary in the foregoing, Reseller's aggregate monthly charge for the Dial-Up Services shall be equal the greater of (i) the aggregate combined charges for the Local Dial-Up Service and the Toll Free Dial-Up Service as determined above, or (ii) the monthly minimum amount ("Monthly Minimum Amount") corresponding to the applicable billing cycle set forth in the following table.

  • In the event of failure in the distribution of the Electric Power at the Monthly Minimum Amount, due to certain stipulated circumstances, penalty shall be imposed on the defaulting party which shall be calculated proportionately based on the sale and purchase price of Electric Power, using a certain stipulated pre-determined formula as set out in the Power Purchase Agreement.

  • If the Entity is owned by a unit of government, for example, a state agency or university or college, county health department, or public school, only Part 1 of this disclosure must be completed.

Related to Monthly Minimum Amount

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Maximum Amount means the Maximum Amount as specified in § 1 of the Product and Underlying Data.

  • Adjusted Maximum Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty or a Related Guaranty, in each case determined in accordance with the provisions hereof and thereof; provided that, solely for purposes of calculating the “Adjusted Maximum Amount” with respect to any Contributing Guarantor for purposes of this paragraph 2, the assets or liabilities arising by virtue of any rights to or obligations of contribution hereunder or under any similar provision contained in a Related Guaranty shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty and the Related Guaranties (including, without limitation, in respect of this paragraph 2 or any similar provision contained in a Related Guaranty). The amounts payable as contributions hereunder and under similar provisions in the Related Guaranties shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this paragraph 2 or any similar provision contained in a Related Guaranty shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder or under a Related Guaranty. Each Contributing Guarantor under a Related Guaranty is a third party beneficiary to the contribution agreement set forth in this paragraph 2.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.

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

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • 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.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Scheduled Amount means the Day-Ahead Schedule comprised of the quantity (in MWh) of electric energy expected to be produced by the Generating Facility that is scheduled from Seller or Seller’s Scheduling Coordinator to Buyer in a Physical Trade in the IFM.

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

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

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.