NTP2 Payment Bond Amount definition

NTP2 Payment Bond Amount means the amount set forth in Section 5.1.4 of this DBA.
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NTP2 Payment Bond Amount has the meaning set forth in Section 8.1.4 of the Agreement.
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NTP2 Payment Bond Amount is $[insert the portion of the Price allocable to Construction Work less the portion of the Price allocable to Construction Work performed by Utility Owners].
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Examples of NTP2 Payment Bond Amount in a sentence

  • Notwithstanding Sections 3.4.3 and 3.4.4 of the General Conditions, upon issuance of Limited NTP2 the amount of the Payment Bond and Performance Bond shall increase automatically to the NTP2 Payment Bond Amount and NTP2 Performance Bond Amount, respectively.

  • Upon exercise of the H-West Option, the NTP2 Payment Bond Amount shall be increased in an amount equal to the Option Price for the H-West Option.

  • If TxDOT issues a DWC NTP during the Option Period, the Price and Maximum Payment Schedule will be adjusted in accordance with Sections 4.1 and 4.2.1 of this DBA and DB Contractor shall deliver a new Payment Bond and Performance Bond (or riders thereto) increasing the NTP2 Payment Bond Amount and NTP2 Performance Bond Amount, respectively, by the amounts specified for the applicable DWC in Section 5.1 of this DBA.

  • Upon exercise of any of Options 3A-3I, the NTP2 Payment Bond Amount shall be increased in an amount equal to the Option Price allocable to Construction Work for such Option(s) (including any associated Authority Options).

  • DB Contractor shall not commence or permit or suffer commencement of any Design Work or Construction Work in Segment 2 until DB Contractor obtains from its Sureties and provides to TxDOT written confirmation that the Performance Bond and Payment Bond amounts have been increased to equal the NTP2 Performance Bond Amount and the NTP2 Payment Bond Amount, respectively, in accordance with this Section 8.

  • DB Contractor shall not commence or permit or suffer commencement of any Design Work or any Construction Work, until DB Contractor delivers obtains from its Sureties and provides to TxDOT written confirmation that the fully executed Performance Bond and Payment Bond amounts have been increased to equal the NTP2 Performance Bond Amount and NTP2 Payment Bond Amount, respectively, in accordance with this Section 3.4.

  • Upon exercise of the Xxxxxx Road Option, the NTP2 Payment Bond Amount shall be increased in an amount equal to the Option Price for the Xxxxxx Road Option.


More Definitions of NTP2 Payment Bond Amount

NTP2 Payment Bond Amount means the amount set forth in Section 5.1.4 of this DBA. NTP2 Performance Bond Amount means the amount set forth in Section 5.1.3 of this DBA. Performance and Measurement Table means Table 27-1 in the Special Provisions. Persistent DB Contractor Default has the meaning set forth in Exhibit 16 to this DBA.
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NTP2 Payment Bond Amount means the amount set forth in Section 5.1.4 of this DBA, as may be increased by the amount for the applicable DWC set forth in Section 5.1.4.1 of this DBA. means the amount set forth in Section 5.1.3 of this DBA, as may be increased by the amount for the applicable DWC set forth in Section 5.1.3.1 of this DBA. means Attachment 27-1 to the Design-Build Specifications.
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NTP2 Payment Bond Amount means the amount set forth in Section 5.1.4 of this DBA. means the amount set forth in Section 5.1.3 of this DBA. means DB Contractor completed, as determined under Section 2.4.2.2, the Old Bee Cave Road Offsite Detention Area described on the Schematic Design. has the meaning set forth in Section 2.4.1 of this DBA. means Attachment 27-1 in the Design-Build Specifications. the condition is worse than the specified threshold, a Warranty Defect is deemed to exist and Warranty Action is required. Performance Warranty(ies) has the meaning set forth in Section 2 of Exhibit 4 to this DBA. means an Element subject to a Performance Warranty. has the meaning set forth in Section 4 of Exhibit 16 to this DBA.
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Related to NTP2 Payment Bond Amount

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Payment Amount as defined in Section 3.5.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • CVR Payment Amount means with respect to each CVR Payment and each Holder, an amount equal to such CVR Payment divided by the total number of CVRs and then multiplied by the total number of CVRs held by such Holder as reflected on the CVR Register.

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Principal Payment Amount For any Distribution Date, the sum of (i) the scheduled principal payments (if any) on the Mortgage Loans due on the related Due Date, (ii) the principal portion of proceeds received with respect to any Mortgage Loan which was purchased or repurchased pursuant to a Purchase Obligation or as permitted by this Agreement during the Prior Period and (iii) any other unscheduled payments of principal which were received with respect to any Mortgage Loan during the Prior Period, other than Payoffs, Curtailments, Liquidation Principal and Subsequent Recoveries.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

  • Monthly Excess Interest Amount With respect to each Distribution Date, the amount, if any, by which the Group 1 Interest Remittance Amount and Group 2 Interest Remittance Amount for such Distribution Date exceed the aggregate amount distributed on such Distribution Date pursuant to paragraphs (a) through (c) under Section 4.02(d) hereof, plus interest on the Overcollateralization Amount accrued during the Interest Accrual Period related to that Distribution Date.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Final Payment Percentage is five percent (5.00%).

  • Auction Amount has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Coupon Amount means (i) in respect of a Coupon Payment, the amount of interest payable on a Security for the relevant Coupon Period in accordance with Condition 5 and (ii) for the purposes of Conditions 8(c) and 8(d), any interest accrued from (and including) the preceding Coupon Payment Date (or, if none, the Issue Date) to (but excluding) the due date for redemption if not a Coupon Payment Date as provided for in Condition 5(b);

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Interest Distribution Amount With respect to any Distribution Date and any Class A Certificates, any Mezzanine Certificates and any Class CE Certificates, the aggregate Accrued Certificate Interest on the Certificates of such Class for such Distribution Date.

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Calculation Amount means the amount specified as such on the face of any Note, or if no such amount is so specified, the Denomination Amount of such Note as shown on the face thereof;

  • Interest Rate Cap Payment (a) With respect to the Class A-2, Class A-3 and Class A-4 Certificates, beginning on the first Distribution Date and continuing through the immediately succeeding 35 Distribution Dates thereafter, the amount, if any, equal to the product of (i) the excess, if any, of the lesser of (A) one-month LIBOR rate as of the related reset date under the Class A-2, Class A-3 and Class A-4 Cap Agreement and (B) the applicable cap ceiling rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date over the applicable cap strike rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date, calculated on an "actual/360" basis, (ii) the applicable Class A-2 and Class A-3 notional amount set forth on Schedule A to the Class A-2, Class A-3 and Class A-4 Cap Agreement for that Distribution Date and (iii) the multiplier set forth on Schedule A to such Interest Rate Cap Agreement; (b) with respect to the Class M Certificates, beginning on the first Distribution Date and continuing through the immediately succeeding 43 Distribution Dates thereafter, the amount, if any, equal to the product of (i) the excess, if any, of the lesser of (A) one-month LIBOR rate as of the related reset date under the Class M Cap Agreement and (B) the applicable cap ceiling rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date over the applicable cap strike rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date, calculated on an "actual/360" basis; (ii) the applicable Class M notional amount set forth on Schedule A to the Class M Cap Agreement for that Distribution Date and (iii) the multiplier set forth on Schedule A to such Interest Rate Cap Agreement; and (c) with respect to the Class B Certificates, beginning on the first Distribution Date and continuing through the immediately succeeding 43 Distribution Dates thereafter, the amount, if any, equal to the product of (i) the excess, if any, of the lesser of (A) one-month LIBOR rate as of the related reset date under the Class B Cap Agreement and (B) the applicable cap ceiling rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date over the applicable cap strike rate set forth on Schedule A to such Interest Rate Cap Agreement for such Distribution Date, calculated on an "actual/360" basis; (ii) the applicable Class B notional amount set forth on Schedule A to the Class B Cap Agreement for that Distribution Date and (iii) the multiplier set forth on Schedule A to such Interest Rate Cap Agreement.

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • 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).

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