Net Payments means an amount equal, at any time and from time to ------------- time and for each respective Subsidiary Guarantor, to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Subsidiary Guarantor in respect of the Liabilities, as a Subsidiary Guarantor, and in respect of its obligations contained in this Guaranty Agreement, less (ii) the sum of all such payments previously returned to such Subsidiary Guarantor by operation of law or otherwise and including payments received by such Subsidiary Guarantor by way of its rights of subrogation and contribution under Section 2.9 of any other Guaranty Agreements.
Net Payments means an amount equal, at any time and from time to time and for each respective Guarantor, to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Guarantor in respect of the Obligations and in respect of its obligations contained in this Agreement, less (ii) the sum of all such payments previously returned to such Guarantor by operation of law or otherwise and including payments received by such Guarantor by way of its rights of subrogation and contribution hereunder.
Net Payments means direct payments—
Examples of Net Payments in a sentence
You may change the allocation of subsequent Net Payments at any time, without charge, by giving us written notice in a form acceptable to us.
ALLOCATION OF NET PAYMENTS When we receive Payments, the Net Payments will be allocated among Investment Options in accordance with the allocation percentages shown on the Specifications Page.
We will determine the guaranteed rates from time to time for Net Payments, renewal amounts and amounts transferred to a fixed Investment Option.
Due to this, the amount shown in the Estimated Net Payments column may be overstated.Great-West may provide unit valuation and custody services for certain of the above investment options under an agreement with the plan sponsor.
Nothing in this Section 3.04(d) shall affect or postpone any of the obligations of the Borrower or the right of such Lender provided in Section 3.04(b) (Increased Costs, Illegality, etc.) or Section 3.06 (Net Payments; Taxes).
More Definitions of Net Payments
Net Payments. As to any Distribution Date and Loan Group or Subgroup, the sum of the Net Principal Payment Amount and the Net Principal Prepayment Amount for such Distribution Date and Loan Group or Subgroup.
Net Payments means an amount, at any time and from time to time and for each respective Guarantor, equal to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Guarantor in respect of the Obligations, as a Guarantor, and in respect of its obligations contained in this Guaranty, less (ii) the sum of all such payments previously returned to such Guarantor by operation of law or otherwise and including payments received by such Guarantor by way of its rights of subrogation and contribution under Section 2.9 of this Guaranty.
Net Payments means an amount equal, at any time and from time to time and for each respective Guarantor, to the difference of (i) the sum of all payments made previous to or at the time of calculation by such Guarantor in respect to the Obligations and in respect of its obligations contained in this Agreement, less (ii) the sum of all such payments previously returned to such Guarantor by operation of law or otherwise and including payments received by such Guarantor by way of its rights of subrogation and contribution hereunder.
Net Payments. Section 2(c)(ii) of this Agreement will apply.
Net Payments. All payments due Red Rock shall not be reduced by any taxes, whether sales, use, ad valorum or otherwise, fees or other obligations, including royalties to third parties (all of which shall be the obligation of Hi-Tech), other than the payment by Red Rock's members of income tax, which shall be paid by Red Rock's members.
Net Payments means amounts paid by Licensees or other third parties to either party as a direct result of IPM's Licensing Activities or as Enforcement Proceeds, less the applicable amount of Reimbursables then due to either party, if any.
Net Payments means all payments or dollar value of consideration, including revenue, received or entitled to be received by Parent or any Affiliate of Parent from any merchant, vendor, supplier or partner based upon a specific transaction or action taken by a school supporter or organization supporter minus the rebate or the cost of consideration paid or to be paid to the supporter's school or organization based upon the specific transaction or action taken by such supporter. For the absence of doubt, Net Payments specifically exclude any and all bonus or promotional payments to the schools or organizations which are either based upon: (1) an aggregation of transactions or actions taken by school supporters or organization supporters and (2) an event or action that does not result in Parent or any Affiliate of Parent being entitled to value or consideration provided by a merchant, vendor, supplier or partner.