Monthly Option Payment definition

Monthly Option Payment is defined in Section 8.1(a) for Condition 1 and Section 8.2(a) for Condition 2.
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Examples of Monthly Option Payment in a sentence

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Monthly Option Payment = Monthly Availability Payment Equation B-1 Monthly + Surcharge Payment Monthly – Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • In no event shall (i) the Monthly Option Payment for any month be less than zero, (ii) the sum of the Monthly Availability Payments for a Contract Year exceed the Annual Fixed Revenue Requirement for the Contract Year, or (iii) the sum of the Monthly Surcharge Payments for the Contract Year exceed the Annual Capital Item Cost (as defined in Schedule B) for the Contract Year.

  • In no event shall (i) the Monthly Option Payment for any month be less than zero, (ii) the sum of the Monthly Availability Payments for a Contract Year exceed the Annual Fixed Revenue Requirement for the Contract Year or (iii) the sum of the Monthly Surcharge Payments for the Contract Year exceed the Annual Capital Item Cost (as defined in Schedule B) for the Contract Year.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Monthly Option Payment = Monthly Availability Payment Equation B-1 Monthly + Surcharge Payment Monthly – Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies]‌ Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • If you decide not to purchase the home you will lose your Initial Option Payment Credit and your Monthly Option Payment Credit.

  • Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment Monthly Option Payment‌‌ The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero.

  • When you purchase the home 100% of your Initial Option Payment Credit and 100% of your Monthly Option Payment Credit is credited towards the purchase price of the home.

  • It does not matter whether the financial interest is positive or negative and when considering the existence of a “pecuniary interest”, quantum also does not matter.[37] The Courts have provided the following guidance with respect to what constitutes a “pecuniary interest”: Pecuniary interest is not defined by the MCIA.

Related to Monthly Option Payment

  • Termination Payment has the meaning set forth in Section 6.03.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;