Net Payable Amount definition

Net Payable Amount means, in respect of a Billing Period, the amount calculated in accordance with Condition 22.7;
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Net Payable Amount means, in respect of a Billing Period, the amount calculated in accordance with Clause 11.9[.][; and
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Net Payable Amount shall, in respect of each Billing Period, be an amount expressed in pounds calculated in accordance with the following formula: Net Payable Amount = ADA + RA + CIA where: (i) positive, it shall represent an amount payable by the CfD Counterparty to the Generator; or (ii) negative, it shall represent an amount payable by the Generator to the CfD Counterparty.
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Examples of Net Payable Amount in a sentence

  • If a Monthly Net Payable Amount is payable to the reinsurers, PHL shall pay to VFL an amount equal to one-third of such Monthly Net Payable Amount.

  • If a Monthly Net Payable Amount is payable by the reinsurers, VFL shall pay to PHL an amount equal to one-third of such Monthly Net Payable Amount.

  • If the Net Payable Amount is due to Partner, MoneyGram shall pay the Net Payable Amount to the Banking Account.

  • If the Net Payable Amount is due from Partner, Partner shall pay the Net Payable Amount to the Settlement Account.

  • If the Net Payable Amount is a positive number, no later than twenty-eight (28) calendar days following the Billing Period to which the Billing Statement relates, the CfD Counterparty shall pay to the Generator the Net Payable Amount by direct bank transfer or equivalent transfer of immediately available funds into the account notified to the CfD Counterparty pursuant to Condition 25.1(B).

  • Based upon the calculation on the Net Payable Amount or the Net Receivable Amount as determined in the audited financial statements of the Company prepared by Coopers & Lybr▇▇▇ ▇▇▇ for the year ending December 31, 1997, the Net Payable Amount or the Net Receivable Amount, as applicable, shall be paid by the appropriate party as set forth above, without interest, within five (5) business days following receipt of such audited financial statements.

  • If the required day for remittance falls outside a Banking Day, the Net Payable Amount shall be paid the next Banking Day.

  • MoneyGram shall remit to Walmart by wire transfer the applicable CPS Net Payable Amount for Cash Payout Services on a daily basis, no later than the first business day after the applicable Cash Payout Service transaction.

  • If the Net Payable Amount is a positive number, no later than twenty-eight (28) calendar days following the Billing Period to which the Billing Statement relates, the CfD Counterparty shall pay to the Generator the Net Payable Amount by direct bank transfer or equivalent transfer of immediately available funds into the account notified to the CfD Counterparty pursuant to Condition 27.1(B).


More Definitions of Net Payable Amount

Net Payable Amount means the difference between (i) the amount owed by Partner (Transfer Amount and Fees relating to Transfer Sends initiated by Partner); and (ii) the amount owed to Partner (money actually disbursed by Partner pursuant to Transfer Receives and Partners Share of Fee and Partner’s Share of Foreign Exchange Profit for Transfer Sends as applicable).
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Net Payable Amount shall, in respect of each Billing Period, be an amount expressed in pounds calculated in accordance with the following formula: Net Payable Amount = ADA + RA + CIA where: ADA is the Aggregate Difference Amount in respect of such Billing Period; RA is any Reconciliation Amount in respect of such Billing Period; and CIA is any Compensatory Interest Amount in respect of such Billing Period, and if such amount is: (i) positive, it shall represent an amount payable by the CfD Counterparty to the Generator; or (ii) negative, it shall represent an amount payable by the Generator to the CfD Counterparty.
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Related to Net Payable Amount

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Applicable Amount means, at any time (the “Applicable Amount Reference Time”), an amount equal to (a) the sum, without duplication, of:

  • Available Amount of any Letter of Credit means, at any time, the maximum amount available to be drawn under such Letter of Credit at such time (assuming compliance at such time with all conditions to drawing).

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Allowable Amount means the maximum amount determined by HMO to be eligible for consideration of payment for a particular Covered Drug. As applied to Participating Pharmacies the Allowable Amount is based on the provisions of the contract between HMO and the Participating Pharmacy in effect on the date of service. As applied to Prescription Drugs Purchased Outside of the Service Area, the Allowable Amount is based on the Participating Pharmacy contract rate.