Participation Payment definition

Participation Payment means the amount funded as a Participant Share in the Loan in the dollar amount set forth beside its name in Exhibit A.

Participation Payment means the sum of $20,000 (ex GST).

Participation Payment has the meaning set forth in Section 2(a).

Examples of Participation Payment in a sentence

• Each Participant’s “Participant Share” is defined as such Participant’s Participation Payment divided by the original principal amount of the Loan, expressed as a percentage (%).

• Following receipt of such notice, the Administrative Agent shall promptly notify each Alternative Currency Participating Lender of the Dollar Equivalent of its Alternative Currency Risk Participation purchased with respect to each such Revolving Loan (determined at the Spot Rate on the date of advance of such Revolving Loan) and the applicable Alternative Currency Participation Payment Date.

• Lessee expressly agrees that its obligations hereunder, including the payment of the Lessor’s Participation Payment and any other sums due hereunder, shall continue as though said Premises and/or Improvements had not been damaged or destroyed and without abatement, suspension, diminution or reduction of any kind, but with an appropriate reduction to be made to the Minimum Event Levels as mutually agreed upon in good faith by Lessor and Lessee.

• The Program Extension Participation Payment shall be an amount equal to such Fund’s Fund Designated Asset Base multiplied by the percentage designated by the Treasury for such Program Extension Period in the Extension Announcement or, at the Treasury’s sole and absolute discretion, an amount based on any other formula described in the Extension Announcement.

• Following receipt of such notice, the Administrative Agent shall promptly notify each Alternative Currency Participating Lender of the Dollar Equivalent of its Alternative Currency Risk Participation purchased with respect to each such Loan (determined at the Spot Rate on the date of advance of such Loan) and the applicable Alternative Currency Participation Payment Date.

More Definitions of Participation Payment

Participation Payment means a payment of money made or advanced to another participant or promoters of the business, directly or indirectly, in order to belong to the business practice or in order to become a member or take part in the activities of such business practice including receiving of any form of consideration; and

Participation Payment means for each calendar quarter during the Term, an amount payable to the Buyer equal to the product of Net Sales of the Product during such calendar quarter in each country prior to the expiration of the Royalty Term in such country multiplied by the Royalty Rate.

Participation Payment shall have the meaning ascribed to it in Section 4(a) hereof.

Participation Payment means, for each quarter, an amount payable to the Buyer equal to the sum of the Net Sales during such quarter of each Product in each country, worldwide, during the Payment Period for such Product and such country, multiplied by the Revenue Participation Rate. [ * ] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

Participation Payment means the payments specified in clause 4.1; Peak Demand Event means time of day when the demand for energy is higher than the available generation from the market; Peak Price Event means a time of day when wholesale energy prices are high; Premises means your residential or business supply address that you provide us with and update from time to time; Regulatory Authority means any Australian or state or territory or local government electricity regulatory authority; Regulatory Authority Requirements means any relevant Regulatory Authority regulation, including all laws, regulations, subordinate legislation, proclamations, orders in council, licence conditions, codes, guidelines or standards applicable from time to time to the supply or performance of the VPP Plan Services at the Supply Address; Relevant Agent means a party authorised by the owner or operator of an electricity generating plant connected to the distribution network to remotely disconnect, and later reconnect, that plant when directed by a party with the legal right to issue such a direction. Small Business Owner has the meaning given in sections 2 and 5(2)(b) of the Retail Law.

Participation Payment means the payments specified in clause 3.1; Premises means your residential or business supply address that you provide us with and update from time to time; Regulatory Authority means any Australian or state or territory or local government electricity regulatory authority; Regulatory Authority Requirements means any relevant Regulatory Authority regulation, including all laws, regulations, subordinate legislation, proclamations, orders in council, licence conditions, codes, guidelines or standards applicable from time to time to the supply or performance of the VPP Plan Services at the Supply Address; Relevant Agent means a party authorised by the owner or operator of an electricity generating plant connected to the distribution network to remotely disconnect, and

Participation Payment means monthly payment by Westlake to Dealer for Dealer’s portion of payments made by Customer on Partner Program Contracts.