Payment Adjustments definition

Payment Adjustments. Chase shall pay to Taconic its 12.5 % and 6.25% amount plus the 50% + 75% amount otherwise payable to Insync and the 6.25% + 3.125% amounts to Internet Solutions and Salvani Investments until such xxxx xx the amount drawn has been repaid in full to Taconic with interest thereon, as provided herein. The terms of the Transfer Agreement shall provide that Taconic may notify the Chase of the occurrence of a Drawing Event and upon receipt of such notification, the Payment Adjustments shall be made until the amount drawn has been repaid in full with interest thereon, as provided herein. In order to facilitate the transfer of funds from the Chase Account each of the parties hereto shall have established prior to closing an account at the Chase to receive the distributions from the Chase Account.
Sample 1
Payment Adjustments means the net amount of all charge backs, take backs, and negative and positive adjustments on the Pre-Closing Receivables or Transferor Cross-Over Receivables.
Sample 1
Payment Adjustments has the meaning given in Section 14.5.
Sample 1

Examples of Payment Adjustments in a sentence

  • The following sections are deleted from the Standard Specifications: 2-1.02, Bid Ineligibility2-1.06, Bid Documents2-1.18, Small Business and Non-Small Business Subcontractor Preferences 2-1.27, California Companies2-1.33D, Opt Out of Payment Adjustments for Price Index Fluctuations 3-1.08, Small Business Participation Report3-1.11, Payee Data Record, Delete the numbered list in Section 3-1.18, Contract Execution Deleted the second and third paragraphs of Section 2-1.33A, Bid Document Completion - General.

  • Payments between the parties and any adjustments to Service Payments in respect of Supervening Events will be made in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments).

  • The Province will review the Contractor’s submitted Payment Calculation and may conduct its own audit or assessment to determine the appropriate Payment Adjustments to be applied.

  • Nothing in this Section shall operate to relieve the Contractor against any Payment Adjustments arising prior to the replacement of the O&M Subcontractor.

  • If no basis for payment is included in the Change Certificate, payment will be made in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments) of this Agreement.

  • If payments between the parties in respect of Changes, Minor Works and Innovation Proposals include an adjustment to payments (if any) during the Construction Period, Service Payments or otherwise require an update to the Financial Model, Project Co will expeditiously update and will provide such updated Financial Model to the Authority, all in accordance with Section 10 (Lump Sum Payments and Service Payment Adjustments) of this Agreement.

  • In the event of any inconsistency between the criteria for and descriptions of the Payment Adjustments set out in Schedule 18 and the summaries of such criteria and such descriptions included in Schedule 15, the more detailed provisions of Schedule 18 shall govern.

  • Such payment adjustments are called Low Utilization Payment Adjustments (LUPAs).

  • The Province acknowledges that where it becomes necessary for the Contractor to replace the subcontractor performing the O&M (the “O&M Subcontractor”), a replacement O&M Subcontractor can most efficiently be procured only if the consequences of future Payment Adjustments are “reset” to zero.

  • The Contractor shall provide not later than five Business Days prior to the end of the month, as part of its Payment Calculation, a report detailing the Payment Adjustments and other adjustments to be made to the Payment relating to the previous month.

Related to Payment Adjustments

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Contract Adjustment Payments means the payments payable by the Company on the Special Payment Date or the Payment Dates in respect of each Purchase Contract, at a rate per year of [•]% of the Stated Amount per Purchase Contract.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Adjustment Payment means, in respect of any Security, the payment (if any) determined by the Determination Agent as is required in order to reduce or eliminate, to the extent reasonably practicable, any transfer of economic value to or from the Issuer as a result of the replacement of the Index by the Alternative Pre-nominated Index. The Determination Agent may determine that the Adjustment Payment is zero.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • RENT ADJUSTMENT Any amounts owed by Tenant for payment of Operating Expenses. The Rent Adjustments shall be determined and paid as provided in Article Four.

  • Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Purchase Price Adjustment has the meaning set forth in Section 2.6.

  • Spread Adjustment means 100 basis points.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Adjustments means all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor with respect to any Purchased Receivable.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Adjustment Price means the lowest Underlying Price within the Adjustment Period after the Underlying Price is for the first time equal to or below the Adjustment Threshold.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Adjustment Escrow Account means the escrow account established by the Escrow Agent pursuant to the Escrow Agreement for purposes of holding the Adjustment Escrow Amount and any interest or earnings accrued thereon or in respect thereof.