Outstanding Future Payments definition

Outstanding Future Payments. (total of outstanding Monthly Fleet Fees until the end of the initial Tool Period) minus (applicable service fees for the respective FM Tool until the end of the initial Tool Period) plus a non-collection fee of 15% of the respective FM Tool’s list price applicable at the start of the Tool Contract (“Non-Collection Fee”), plus any applicable taxes. If the FM Tool is received by Hilti for any reason after this payment, Hilti will neither return the FM Tool nor the Non-Collection Fee to the Customer.
Sample 1Sample 2Sample 3
Outstanding Future Payments. (total of outstanding Monthly Fleet Fees until the end of the initial Tool Period) minus (applicable service fees for the respective Tool until the end of the initial Tool Period) plus a non-collection fee of 10% of the respective Tool’s list price applicable at the end of the (extended) Tool Period (“Non- Collection Fee”).
Sample 1

Examples of Outstanding Future Payments in a sentence

  • It was assumed that the temperature at the top surface follows the trend of Eqn.(6) over time.

  • The following is the selection timetable: August 18 - Questions DUEAugust 22 - Questions AnsweredSept.

Related to Outstanding Future Payments

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Outstanding Amount means the aggregate principal amount of all Notes, or Class of Notes, as applicable, Outstanding at the date of determination.