Offset Amount definition

Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

Offset Amount has the meaning set forth in Section 2.1(a)(iii).

Offset Amount has the meaning set forth in Section 9.6(c)(i) hereof.

Examples of Offset Amount in a sentence

• Production Year (commencing 1st January) Quarter Scheduled Offset Amount 1986 .

• The SEP Offset Amount identified in this Attachment A and in the attached Agreed Order has not been, and shall not be, included as a SEP for Respondent under any other Agreed Order negotiated with the TCEQ or any other agency of the state or federal government.

• If an Offset Amount or Close Out Amount is payable in respect of a Defaulting Participant in relation to a Transaction, and that amount is paid by or set off in respect of that Defaulting Participant in Settlement, the other party to that Transaction has no claim or remedy against the Defaulting Participant under this agreement referable to the same Transaction.

• Respondent shall provide additional information as requested by TCEQ staff and shall allow access to all records related to the SEP Offset Amount.

• Offset Amount An amount payable by or to a defaulting Trading Participant in respect of an Offset Quantity in respect of a Gas Day, calculated in accordance with the Rules Methodology.

More Definitions of Offset Amount

Offset Amount means the annual benefit to which Executive would be entitled under the "offset plans" if his benefit under the offset plans commenced as of the Determination Date and was paid in the Normal Form, based on the terms of the offset plans in effect and applicable to Executive on the Determination Date or, if earlier, as of the effective date of the termination of an offset plan. If the Determination Date is before the earliest date on which Executive's benefit could commence under an offset plan, the Offset Amount with respect to that offset plan shall be determined by calculating the Offset Amount as of the earliest date on which Executive's benefit could commence under the offset plan and then reducing that benefit by one fourth of one percent for each month by which the offset date precedes the earliest date on which Executive's benefit could commence under the offset plan. The Offset Amount shall be determined without regard to the actual timing of commencement and form of Executive's benefit pursuant to the offset plans. For the purpose of this Section 3.04(i)(5), the offset plans are the Retirement Plan, the Ceridian Corporation Benefit Equalization Plan and any defined benefit pension plan maintained by any previous employer of Executive which was or is operated by such previous employer as a qualified plan pursuant to Section 401(a) of the Code (within the meaning of Section 7.01(e)), or any successor to any such plans.

Offset Amount means the sum of the annual "primary insurance amount" and the annual "Company-provided pension."

Offset Amount shall have the meaning set forth in Section 7.6(a).

Offset Amount has the meaning specified in Section 5.2(f).

Offset Amount means, in respect of, or in satisfaction of the obligations of Grupo TFM, the Company or any Restricted Subsidiary in respect of, the Put, any amounts that (i) are paid or agreed to be paid by the Company, any Restricted Subsidiary, Grupo TFM, TFM or any Subsidiary of TFM to the Mexican Government, or (ii) are offset by the Company, any Restricted Subsidiary, Grupo TFM, TFM or any Subsidiary of TFM, in each case in a single transaction or a series of related transactions, with respect to or against any receipt of proceeds from, or settlement of, the VAT Claim; provided, that any such amounts paid, agreed to be paid or offset by the Company, any Restricted Subsidiary, Grupo TFM, TFM or any Subsidiary of TFM prior to or within three (3) months following receipt of proceeds from, or settlement of, the VAT Claim shall be deemed to be part of a single transaction or series of related transactions.

Offset Amount has the meaning assigned that term in Section 5.07(a).

Offset Amount means an amount equal to the amount by which (a) the sum of the Intercompany Payable Amount, exceeds (b) the Intercompany Receivables.