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.
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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

  • Revolving fund means a self-supporting fund which provides services or sells goods to state agencies, other governmental jurisdictions, or the public.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

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

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.