NPV Payment definition

NPV Payment means, in respect of a business day and a ForexClear STM Contract that is settled-to-market daily in accordance with Regulation 106A, the amount or amounts paid by either the relevant FXCCM or the Clearing House to the other on such business day in respect of the change in the net present value of that ForexClear STM Contract (or the obligations thereunder) in accordance with the ForexClear STM Terms applicable to that ForexClear STM Contract.
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NPV Payment. : means the payment in full of the following: (a) to the Holders of the Class A-2 Notes and the Holders of the Class B Notes, in each case an amount equal to the amount intended to approximate the net present value of all payments that the Collateral Manager reasonably determines, in accordance with the methodology set out below, would have been payable to such Holders pursuant to the Priority of Payments assuming no Collateral Debt Securities had been sold pursuant to Section 12.1 of the Indenture on or after [], 2015; and (b)
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Examples of NPV Payment in a sentence

  • School Improvement Payment $5 MM (NPV) Payment due at the start of refurbishment work on the school grounds for purposes of opening a K-8 school.

Related to NPV Payment

  • Delta Payment means as it is described in this Agreement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Upfront Payment has the meaning set forth in Section 8.1.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • AHYDO Payment means any mandatory prepayment or redemption pursuant to the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code.