Monthly Purchase Amount definition

Monthly Purchase Amount. Monthly dollar amount specified by the Program for payment by the Purchaser on a Monthly Purchase Contract by the 15th day of each month.
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Monthly Purchase Amount means the monthly dollar amount specified by MET for a monthly purchase contract.
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Monthly Purchase Amount has the meaning set forth in the Loan Purchase Agreement.
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Examples of Monthly Purchase Amount in a sentence

  • The Purchaser may choose to pay any difference in plan cost either in a Lump Sum or through an amendment in the remaining Monthly Purchase Amount payments.

  • If MET accepts the Contract, MET will advise the Purchaser of the term of the Contract, the Monthly Purchase Amount, and the dates the Monthly Purchase Amounts are due.

  • Residential customers are only eligible for the Monthly Purchase Amount.

  • Upon acceptance of a Monthly Purchase Amount or Lump Sum Payment, the Program will record payment in the Purchaser's account based on policies established by the Program Administrator.

  • A Purchaser under a Monthly Purchase option who makes a Lump Sum payment to complete the Total Contract Price before the final Monthly Purchase Amount is due will receive an Early Payoff Discount (currently 6.25%) on the unpaid remaining balance at the rate set annually by the Board (see Program Fee Chart).

  • Utilities shall notify customers 60 and 45 days prior to the end of their commitment period about their options for disenrollment, re- enrollment, and how to change their RNG Monthly Purchase Amount or Purchase Percentage.

  • Non-residential customers may elect either a flat Monthly Purchase Amount, or a Purchase Percentage, as defined in terms of the RNG Tariff program.

  • Monthly Purchase Amount: To calculate the customer’s monthly bill, the Utilities shall first calculate the RNG usage therms quantity by dividing the customer’s Monthly Purchase Amount by the current RNG rate.

  • Upon submittal of a Refund Request Form and acceptable documentation of the death or Disability, the Program will issue a Qualified Refund of the cumulative Monthly Purchase Amount or Lump Sum paid into the Contract, less any Program fees and contract benefits distributed on the Beneficiary’s behalf.

  • Residential customers, upon completion of the one-year commitment period, may re-enroll for another year, request to disenroll in the program, request to change their RNG Monthly Purchase Amount, or allow their commitment to continue on a month-to-month basis.


More Definitions of Monthly Purchase Amount

Monthly Purchase Amount means the monthly dollar amount specified by the Program for payment of a monthly purchase contract.
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Monthly Purchase Amount means a portion of the Available Amount equal to the Monthly Base Amount for such Monthly Period plus the Monthly Base Amount for any prior Monthly Periods which has not been previously used to purchase Common Stock pursuant to Section 2 hereof; provided, however, that to the extent that the Company exercises its Mandatory Purchase Rights, the Monthly Purchase Amount for any remaining Monthly Periods shall be reduced by any amount subject to the Mandatory Purchase Rights in reverse chronological order (i.e., the Monthly Purchase Amount for the last remaining Monthly Period shall be reduced first); provided further, on or after _____________, [INSERT DATE THAT IS TWELVE MONTHS FROM THE ISSUANCE DATE] or the announcement or consummation of a Major Transaction, the Monthly Purchase Amount shall thereafter be the entire remaining Available Amount.
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Monthly Purchase Amount means the monthly dollar‌
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Monthly Purchase Amount means a portion of the Available Amount equal to the Monthly Base Amount for such Monthly Period plus the Monthly Base Amount for any prior Monthly Periods which has not been previously used to purchase Common Stock pursuant to Section 2 hereof; PROVIDED, HOWEVER, that to the extent that the Company exercises its Mandatory Purchase Rights, the Monthly Purchase Amount for any remaining Monthly Periods shall be reduced by any amount subject to the Mandatory Purchase Rights in reverse chronological order (I.E., the Monthly Purchase Amount for the last remaining Monthly Period shall be reduced first); provided further, on or after the Maturity Date, the Monthly Purchase Amount shall thereafter be the entire remaining Available Amount.
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Monthly Purchase Amount has the meaning set forth in the Loan Purchase Agreement. “Non-Acceleration LPA Termination Event” has the meaning set forth in Section 9.7(a). “Non-Public Personal Information” means any “non-public personal information” (as such term is defined in the Xxxxx-Xxxxx-Xxxxxx Act and/or the regulations implementing the provisions of such law and relevant state law) 5 CONFIDENTIAL TREATMENT [***] indicates that text has been omitted which is the subject of a confidential treatment request. This text has been separately filed with the SEC. and other personally identifiable information relating to existing or prospective borrowers of the Company and its Subsidiaries and their existing or prospective co-signors and guarantors (if applicable). “Nonqualifying Income” means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not qualifying income that is described in Section 856(c)(3) of the Code. “Omnibus Agreement” means the Omnibus Agreement dated as of the date hereof by and among Warrant Holder, the Company and Prosper Funding. “OFAC” has the meaning set forth in Section 7.1(o)(iii). “Permit” means any, in each case material, permit, approval, consent, authorization, license, variance, or permission required by a Governmental Entity. “Person” means all natural persons, corporations, limited partnerships, general partnerships, joint stock companies, limited liability companies, joint ventures, associations, companies, trusts, banks, trust companies, land trusts, business trusts or other organizations, whether or not legal entities, and federal and state governments and agencies or regulatory authorities and political subdivisions thereof, or any other entity. “Pre-Closing Purchase Credit Amount” means an amount equal to $[***]. “Pre-Closing Purchase Credit Series F Warrant Shares” has the meaning set forth in Section 9.1. “Proposed Additional Warrant Exercisability Closing Statement” has the meaning set forth in Section 9.5(a). “Proposed End-Of-Term Closing Statement” has the meaning set forth in Section 9.5(a). “Proposed Monthly Closing Statement” has the meaning set forth in Section 9.5(a). “Prosper Funding” has the meaning set forth in the recitals to this Agreement. “Purchaser” has the meaning set forth in the recitals to this Agreement. [***] [***] [***] “Reorganization” has the meaning set forth in Section 4.1(c). “Related Party” means (a) any of the Company’s or any of its Subsidiaries’ current directors, “C-leve...
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Related to Monthly Purchase Amount

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Purchase Amount means the total amount being paid by the Investor on a particular Closing Date to purchase the Securities.

  • Repurchase Amount shall have the meaning set forth in Section 4.2 hereof.

  • Aggregate Supplemental Purchase Amount with respect to this Supplemental Transfer Agreement shall be $________; provided, however, that such amount shall not exceed the amount on deposit in the Supplemental Loan Account.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Sale Amount means, with respect to any Sold Receivable, the amount received from the related third-party purchaser as payment for such Sold Receivable.

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.

  • 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.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Principal Payment Any payment of principal on a Mortgage Loan other than a Principal Prepayment.

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Cumulative Servicing Amount means the sum of the Period Servicing Amounts for every consecutive twelve-month period prior to and ending on the True-Up Measurement Date in respect of each of the Shared-Loss Agreements during which the loss- sharing provisions of the applicable Shared-Loss Agreement is in effect.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.40% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Excess Servicing Fee For each calendar month, as to each Mortgage Loan, the portion of the related Excess Servicing Fee Rate applicable to such month (determined in the same manner as the applicable Mortgage Rate determined for such Mortgage Loan for such month) multiplied by the Scheduled Principal Balance of such Mortgage Loan immediately before the Due Date occurring in such month, but prorated for the number of days during the calendar month for such Mortgage Loan for which interest actually accrues on such Mortgage Loan and only from collections on such Mortgage Loan.

  • Class A Monthly Principal shall have the meaning specified in Section 4.03(a).