Net Amount Payable definition

Net Amount Payable. ’ shall mean amount eligible to the contractor after deducting all applicable statutory recoveries like Income tax, cess etc. and all other recoveries applicable under ambit of the contract as the case may be.
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Net Amount Payable means the gross amount payable to a Participant by the Company or other Employer absent a deferral election under this Plan minus all amounts to be deducted from the gross amount other than income tax withholding, amounts deferred under a cash or deferred arrangement subject to Section 401(k) of the Internal Revenue Code and deferrals under this Plan.
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Net Amount Payable is defined in Section 3.2 of the Purchase Agreement.
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Examples of Net Amount Payable in a sentence

  • On the Delivery Date, subject to receipt of the payment of the Net Amount Payable and executed Purchaser’s Acceptance Certificate substantially in the form of Exhibit C (the “Purchaser’s Acceptance Certificate”) from the Purchaser by LATAM, LATAM shall procure that Seller delivers to Purchaser the ▇▇▇▇ of Sale substantially in the form of Exhibit A to this Purchase Agreement (the “▇▇▇▇ of Sale”) whereby title to the Aircraft shall be conveyed to the Purchaser.


More Definitions of Net Amount Payable

Net Amount Payable means the amount that otherwise would be payable in cash to a Participant absent a deferral election under Section 3.2.
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Related to Net Amount Payable

  • Amount Payable means, at any time, all amounts payable by the Customer to any member of the InfraBuild Group at that time (whether or not those amounts have become due for payment under clause 4 or any other provision of the Terms and Conditions) in connection with the Goods or a Contract (including, without limitation, any invoiced amount, interest, fees, costs or expenses);

  • Net Amount means the Distribution Amount less the sum of all quarterly payments received by the COP Swap Counterparties under the COP Swap Collateral Agreement in respect of amounts owed under the COP Swap Agreements since January 1, 2014.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

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

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;