Examples of Net Payment Amount in a sentence

Where, Net Payment Amount shall mean, for a Calculation Period, the excess of the larger aggregate amount payable and currently owed by one party over the smaller aggregate amount payable and currently owed by the other party.
Determinations of any true-up amount set forth in Section 9.6 on an interim basis shall be included in the first Net Payment Amount Invoice delivered following such determination.
The Party owing the Net Payment Amount shall pay such amount to the other Party on or prior to 3:00 p.m. EPT on such day, subject to Section 9.9.
MSCG shall notify PBF of the Net Payment Amount and the Party to whom the Net Payment Amount is payable shall prepare and deliver to the other Party an invoice in respect of such net amount by 11:00 a.m. EPT on each Invoice Day (the “Net Payment Amount Invoice” for such day).
With respect to each Calculation Period, if a Net Payment Amount for such Calculation Period is owed by Party A, then such Net Payment Amount shall be paid by Party A to Party B on the Floating Amount Payer Payment Date, and if a Net Payment Amount for such Calculation Period is owed by Party B, then such Net Payment Amount shall be paid by Party B to Party A on the Fixed Amount Payer Payment Date.

More Definitions of Net Payment Amount

Net Payment Amount means in connection with any Sale Leaseback Transaction, at any time of determination thereof, the remaining aggregate amount of lease rental payments required to be made by a Loan Party pursuant to the terms of the original lease agreements pursuant to such Sale Leaseback Transaction, as appropriately discounted.

Net Payment Amount has the meaning specified in Section 3.6.3.

Net Payment Amount shall have the meaning assigned thereto in Section 2.4(b).

Net Payment Amount shall have the meaning ascribed thereto in Paragraph 14(c) (v) of this Agreement;

Net Payment Amount means a working capital assets and pro ration net payment amount corresponding to the “Net Payment Amount” set forth on Annex A, with such amount to be computed as of the close of business on the Business Day immediately prior to the Closing Date, in a manner consistent as to line items, accounting principles, methods of allocation and pro ration, and in all other significant respects, with the computation of Net Payment Amount set forth in Annex A. Such amount shall be expressed as a negative number if in favor of the Buyer or as a positive number if in favor of the Sellers.

Net Payment Amount equals the Holder’s Loan Pro Rata Share of all amounts received by the Issuer under the Corresponding Funding Agreement identified above (collectively the “Upstart Payments”) less any accrued account servicing fees due to the Issuer or the Servicer and any amounts received by the Issuer or the Servicer from the Upstart in connection with ACH or Check Return Fee, Late Payment Fees, Check Processing Fee, or any collection fees imposed by the Issuer or the Servicer and, in certain circumstances, less trustees’ fees and expenses.

Net Payment Amount means, with respect to any Annual Period or Measurement Period, as applicable, the amount equal to the sum of (i) all Contingent Support Payments paid to OpCo Purchaser in connection with such Annual Period or Measurement Period, as applicable, plus (ii) any Quarterly Adjustment Payments paid by Seller to OpCo Purchaser in connection with such Annual Period or Measurement Period, as applicable, minus (iii) any Quarterly Adjustment Payments paid by OpCo Purchaser to Seller in connection with such Annual Period or Measurement Period, as applicable.