Examples of Payment Agreement Payments in a sentence
Accordingly, the amount of interest deemed to be payable 19 on any Parity Bonds with respect to which a Payment Agreement is in force shall be an amount equal to the amount of interest that would be payable at the rate or 20 rates stated in those Parity Bonds plus Payment Agreement Payments minus 21 Payment Agreement Receipts.
The interest due for all outstanding Parity Bonds (i) on all interest payment dates (other than January 1) in such calendar year, and (ii) on January 1 of the next succeeding year, and any Payment Agreement Payments due on those dates in respect of any Parity Payment Agreements, minus any Payment Agreement Receipts due in such period in respect of such Parity Payment Agreements.
The interest due for all outstanding Parity Bonds and Parity Lien Obligations (i) on all interest payment dates (other than January 1) in that calendar year, and (ii) on January 1 of the next year, and any Payment Agreement Payments due on those dates in respect of any Parity Payment Agreements and Parity Lien Obligation Payment Agreements, minus any Payment Agreement Receipts due in that period in respect of any Parity Payment Agreements and Parity Lien Obligation Payment Agreements.
If the City is obligated to make Payment Agreement Payments based on a variable rate index and the Qualified Counterparty is obligated to make payments based on a fixed rate, payments by the City will be based on a rate equal to the average rate determined by the variable rate index specified by the Payment Agreement during the fiscal quarter preceding the quarter in which the calculation is made, and the Qualified Counterparty will make payments based on the fixed rate specified by the Payment Agreement.
The wheeled bins will have a sticker on them identifying the property number it is supplied for.
Cascade may create sinking fund accounts or other accounts in the Bond Fund for the payment or securing the payment of Parity Bonds or Payment Agreement Payments so long as the maintenance of those accounts does not conflict with the rights of the Registered Owners.
The amount of interest deemed to be payable on any Parity Bonds with respect to which a Payment Agreement is in force shall be an amount equal to the amount of interest that would be payable at the rate or rates stated in those Parity Bonds plus Payment Agreement Payments minus Payment Agreement Receipts.
No additional debt service shall be taken into account with respect to a Parity Payment Agreement for any period during which Payment Agreement Payments on that Parity Payment Agreement are taken into account in determining Annual Debt Service on related Parity Bonds under subparagraph (iii)(D) of this definition.
As shown in Table A-1, the estimate of Payment Agreement payments to the Agency during the period 2012-2036 totals $35,066,577 on a present value basis, broken out as follows: Prepaid Payment Agreement Payments (1)AmountRetail Mall Stores$8,024,826Parking Facilities$27,041,750Total (allow for rounding error)$35,066,577 (1) Present value figures expressed in 2010-2011 dollars.
Accordingly, the amount of8 interest deemed to be payable on any Parity Bonds with respect to which a Payment Agreement9 is in force shall be an amount equal to the amount of interest that would be payable at the rate or10 rates stated in those Parity Bonds plus Payment Agreement Payments minus Payment Agreement11 Receipts.