Participation Payment Period definition

Participation Payment Period means each consecutive 12-month period during the Term. The first Participation Period starts on the later of:
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Participation Payment Period means the period beginning on the Participation Start Date and ending on the Participation End Date.
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Participation Payment Period is defined in Section 2.1(m).
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Examples of Participation Payment Period in a sentence

  • During the Participation Payment Period, on or before each Participation Payment Date, the Borrower shall (i) pay to Lender an amount equal the Total Participation Amount for the most recently completed Quarterly Participation Period (the “Participation Payment”), and (ii) deliver to Lender a statement of Net Cash Flows and calculation of the Total Participation Amount for the Quarterly Participation Period, certified by a Senior Financial Officer.

  • During the Participation Payment Period, on or before each Participation Payment Date, the Borrower shall (i) pay to Lender an amount equal the Total Participation Amount for the most recently completed Quarterly Participation Period (the "Participation Payment"), and (ii) deliver to Lender a statement of Net Cash Flows and calculation of the Total Participation Amount for the Quarterly Participation Period, certified by a Senior Financial Officer.


More Definitions of Participation Payment Period

Participation Payment Period means the period beginning on the first day of the fiscal year ending the Saturday closest to January 31, 2018, and ending on the last day of the third and final Calculation Period.
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Related to Participation Payment Period

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Payment Period means the three months following each Collection Quarter.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.