Participation Payments definition

Participation Payments means a payment by UKPN in consideration of the Provider making the DER Unit available for participation in Wave 1, as calculated under Part 2a of Schedule 2 (Payments);
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Participation Payments means, collectively, Profit Participation and the Fixed Profit Payments.
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Participation Payments has the meaning given to that term in clause 8.1
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Examples of Participation Payments in a sentence

  • The Participation Payments shall be used solely to perform the HRP Initiative.

  • Recoverable advance payments in respect of Guaranteed Deferments, Participation Payments or Residuals.

  • Upon any termination of this Agreement, any portion of the Participation Payments made by a Participant which has not been spent in performance of the HRP Initiative, after deducting amounts committed for non-cancelable commitments, shall be promptly refunded by BGM to Participant.

  • Any disputes with respect to the calculation of any payment amounts in this Section 2.5 shall be resolved by means of the process set forth in this Section 2.5. For the avoidance of doubt, hypothetical examples of the calculation of Participation Payments are set forth in Exhibit C hereof.

  • Purchaser shall retain such records with respect to the Participation Payments for at least seven (7) years from each such payment.

  • This payment and the purchase of the Price Participation Payments were added to the purchase price.

  • Participation Payments will be made in line with the monthly settlement process where the cumulative number of hours a DER was available for will be calculated and settled for accordingly, in line with Table 2 below.

  • Seller shall have the right, twice annually, through its accredited auditors, to make an examination, during normal business hours, of all records and accounts bearing upon the amount of Participation Payments payable to it under this Agreement.

  • He opens the Word of God in such a simple manner, making every subject reveal its true importance.” {E.

  • We will work with DER to schedule these as soon as possible to maximise a DER chances of maximising their Participation Payments for Optional Technical Trial.


More Definitions of Participation Payments

Participation Payments means the
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Participation Payments has the meaning set forth in Section 2.5(c).
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Participation Payments means the sum of the Tier 1 Participation Payments and the Tier 2 Participation Payments.
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Participation Payments means with respect to each of the fiscal years of LaBaxxx xxxing in June, 1999 through 2003 the amount (if any) which the product of (i) 35% of the net income of Acquisition Sub for such year (calculated as provided on Schedule I hereto) as determined by the independent accountants then auditing LaBaxxx'x xxxancial statements times (ii) a fraction, the numerator of which is the aggregate principal amount of Convertible Notes outstanding at the end of such fiscal year, and the denominator of which is $5.8 million (the "Fraction") exceeds the product of $435,000 times the Fraction.
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Related to Participation Payments

  • Participation Amount as defined in Section 3.4(b).

  • 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 Percentages means the 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 percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, 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.

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

  • 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 Interest means the purchase by a Lender of a participation interest in Letters of Credit as provided in Section 2.2 and in Swingline Loans as provided in Section 2.3.

  • Swing Line Participation Amount as defined in Section 2.7.

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

  • Unfunded Advances/Participations means (a) with respect to the Administrative Agent, the aggregate amount, if any (i) made available to the Borrowers on the assumption that each Lender has made its portion of the applicable Borrowing available to the Administrative Agent as contemplated by Section 2.02(d) of the Credit Agreement and (ii) with respect to which a corresponding amount shall not in fact have been returned to the Administrative Agent by the Borrowers or made available to the Administrative Agent by any such Lender, (b) with respect to any Swingline Lender, the aggregate amount, if any, of participations in respect of any outstanding Swingline Loan that shall not have been funded by the Revolving Credit Lenders in accordance with Section 2.22(e) of the Credit Agreement and (c) with respect to any Issuing Bank, the aggregate amount, if any, of participations in respect of any outstanding L/C Disbursement that shall not have been funded by the Revolving Credit Lenders in accordance with Sections 2.23(d) and 2.02(f) of the Credit Agreement.

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

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

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Period has the meaning set forth in Section 4.2 hereof.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

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

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Facility means any facility in which the applicable party (or a Subsidiary of it) participates in the management (including all property held as trustee or in any other fiduciary capacity) and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Underlying and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 15 November 2017 is 100% (in any case, it will not be below 80%).

  • Class B Prepayment Percentage Any of the Class B-1 Prepayment Percentage, Class B-2 Prepayment Percentage, Class B-3 Prepayment Percentage, Class B-4 Prepayment Percentage, Class B-5 Prepayment Percentage or Class B-6 Prepayment Percentage.

  • Class B-5 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Prepayment Percentage for such Distribution Date will be zero.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.