Payment Proportion definition

Payment Proportion means the value calculated in accordance with Paragraph 6 of Part B of this Schedule 2 in respect of WPD Dynamic Services and/or WPD Secure Services, and/or in Paragraph 2 of Part C of this Schedule 2 in respect of WPD Restore Services below;
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Payment Proportion means the proportion, which the export credit amount to finance our export contract(s), any Finnvera guarantee premium and any related local costs bears to the export credit amount to finance the same items under the total Export Transaction.
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Payment Proportion means the value calculated in accordance with S2.4.4.4 in respect of the Company's Dynamic Services and/or the Company's Secure Services, and/or in S2.5.6 in respect of the Company's Restore Services below;
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Examples of Payment Proportion in a sentence

  • In the event that Denbighshire Council fails to pay Denbighshire's Payment Proportion within the fifteen (15) Business Day period referred to above (the "Due Date") Denbighshire Council shall be liable to pay interest to Flintshire Council at the Default Interest Rate, calculated from the Due Date until (but excluding) the actual date of payment.

  • The following exceptions apply:The EU contribution will take the form of a fixed lump sum of EUR 75 000 as defined in the Decision authorising the use of financing not linked to costs for the Women TechEU actions under the Horizon Europe Programme (2021-2027).Evaluation ProcedureThe final score of a proposal will be the median of the individual scores of the individual evaluators; and the report will comprise a collation of the individual reports, or extracts from them.

  • Thus, the Payment Proportion is a value between 0 and 1 (or 0 and 100%).

  • The amount of the principal of the Balance After First Installment will be paid in up to five (5) annual and successive installments, each installment in an amount equivalent to sixteen per cent (16%) of the Total Limit of Overall Payment, pursuant to the Payment Proportion and the Individual Limit for Overall Payment.

  • Accordingly, for direct comparison purpose, we have compared the Notes Payment Proportion for the four months ended 30 April 2013 with the four months ended 30 April 2014.

  • The remaining balance of the Class III Credits in US Dollars for each Class III Secured Creditor after the payment of the First Installment (“Balance After First Installment”) shall be paid according to the items (i) to(iii) below up to the total limit of Class III Credits in US Dollars, equivalent to 80% (eighty per cent) of the Total Limit for Overall Payment, pursuant to the Payment Proportion and the Individual Limit for Overall Payment.

  • Within 30 days after the end of each fiscal year of Holdings and its Subsidiaries or immediately upon the consummation of a “Change of Control” as defined in Section 409A of the Code, Holdings shall pay to each Eligible Optionee an amount equal to the Current Payable Amount (as defined below) multiplied by such Optionee’s Payment Proportion (as defined below).

  • Upon our enquiry, the management of the Company advised us that the Notes Payment Proportion is affected by seasonal factors.

  • As illustrated in the above table, the Notes Payment Proportion increased from approximately 10.72% for the four months ended 30 April 2013 to approximately 12.22% for the four months ended 30 April 2014.

  • A third value, the Variable Capacity Payment Proportion (VCPPy) is implicitly derived from the values of FCPPy and ECPPy. This is set such that: VCPPy = (1 – FCPPy – ECPPy) The VCPP sets the proportion of each monthly Capacity Period Payment Sum to be allocated according to the forecast LOLP for each Trading Period in the month.


More Definitions of Payment Proportion

Payment Proportion means the proportion that the export credit amount to finance our export contract(s) (including any Finnvera guarantee premium relating to our export contract(s) and any related local costs) bears to the export credit amount to finance the total Export Transaction (including any Finnvera guarantee premium and any local costs).
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Related to Payment Proportion

  • Relevant Proportion means, at any time, the proportion which one Note bears to the number of all of the Notes outstanding;

  • Proportion in relation to a Lender, means:

  • Proportionate Percentage means, with respect to any Shareholder as of any given date with respect to an Eligible Offering, the number (expressed as a percentage) obtained by dividing (A) the number of shares of Common Stock owned by such Shareholder as of such date by (B) the total number of shares of Common Stock held by all Shareholders.

  • Pro Rata Fraction means a fraction, the numerator of which shall be equal to the number of days between the Grant Date and the Participant’s Date of Termination and the denominator of which shall be 1095.

  • Allocable Share means Allocable Share as that term is defined in the Master Settlement Agreement.

  • Final Payment Percentage is five percent (5.00%).

  • Cash Value means the greater of (i) the amount that the policyholder is entitled to receive upon surrender or termination of the contract (determined without reduction for any surrender charge or policy loan), and (ii) the amount the policyholder can borrow under or with regard to the contract. Notwithstanding the foregoing, the term “Cash Value” does not include an amount payable under an Insurance Contract as: (1) a personal injury or sickness benefit or other benefit providing indemnification of an economic loss incurred upon the occurrence of the event insured against; (2) a refund to the policyholder of a previously paid premium under an Insurance Contract (other than under a life insurance contract) due to policy cancellation or termination, decrease in risk exposure during the effective period of the Insurance Contract, or arising from a redetermination of the premium due to correction of posting or other similar error; or (3) a policyholder dividend based upon the underwriting experience of the contract or group involved.

  • Pro Rata Share As to any Distribution Date, the Subordinated Principal Distribution Amount and any Class of Subordinated Certificates, the portion of the Subordinated Principal Distribution Amount allocable to such Class, equal to the product of the Subordinated Principal Distribution Amount on such Distribution Date and a fraction, the numerator of which is the related Class Certificate Balance thereof and the denominator of which is the aggregate of the Class Certificate Balances of the Subordinated Certificates.

  • CAM Percentage means, as to each Lender, a fraction, expressed as a decimal, of which (a) the numerator shall be the aggregate Dollar Equivalent of the Designated Obligations owed to such Lender (whether or not at the time due and payable) immediately prior to the CAM Exchange Date and (b) the denominator shall be the aggregate Dollar Equivalent amount of the Designated Obligations owed to all the Lenders (whether or not at the time due and payable) immediately prior to the CAM Exchange Date.

  • Allocable Percentage means, on any date of determination thereof, a fraction the denominator of which shall be equal to the number of Borrowers who are parties to this Agreement on such date and the numerator of which shall be 1; provided, however, that such percentages shall be modified in the event that contribution from a Borrower is not possible by reason of insolvency, bankruptcy or otherwise by reducing such Borrower’s Allocable Percentage equitably and by adjusting the Allocable Percentage of the other Borrowers proportionately so that the Allocable Percentages of all Borrowers at all times equals 100%.

  • Proportional Share means the annual revenue of a health care institution received in the form of medical assistance reim- bursement or public employee insurance from the state, divided by the total annual revenue of the health care institution.

  • Percentage means, for any Lender on any date of determination, the percentage obtained by dividing such Lender’s Commitment on such day by the total of the Commitments on such date, and multiplying the quotient so obtained by 100%.

  • Class B-3 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-3 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-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Percentage for such Distribution Date will be zero.

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

  • Percentage Share means, when used:

  • Class B-4 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-4 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-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Percentage for such Distribution Date will be zero.

  • Class B-2 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Percentage by (ii) a fraction, the numerator of which is the Class B-2 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-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Percentage for such Distribution Date will be zero.

  • Actual Cash Value means purchase price less depreciation.

  • Allocable Amount has the meaning specified in Section 10.21(d).

  • Ratable means the delivery of Natural Gas Liquids throughout each Month in daily quantities that are approximately equal to the volume of Natural Gas Liquids delivered during the Month divided by the number of Days in that Month.

  • controlling percentage means the ownership of, and the right to vote, stocks possessing at least 50% of the total combined voting power of all classes of Tenant's stock issues, outstanding and permitted to vote for the election of directors;

  • Voting Percentage means, as to any Lender, (a) at any time when the Commitments are in effect, such Lender’s Pro Rata Share and (b) at any time after the termination of the Commitments, the percentage (carried out to the ninth decimal place) which (i) the sum of (A) the Outstanding Amount of such Lender’s Loans (including for purposes of this definition, such Lender’s risk participation in outstanding Swing Line Loans), plus (B) such Lender’s Pro Rata Share of the Outstanding Amount of L/C Obligations, then constitutes of (ii) the Outstanding Amount of all Loans and L/C Obligations; provided, however, that if any Lender is a Defaulting Lender, then such Lender’s Voting Percentage shall be deemed to be zero percent (0%), and the respective Pro Rata Shares and Voting Percentages of the other Lenders shall be recomputed for purposes of this definition and the definition of “Required Lenders” without regard to such Lender’s Commitment or the outstanding amount of its Loans, and L/C Advances, as the case may be; provided further that, the amount of any risk participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or L/C Issuer, as the case may be, in making such determination.

  • Pro-rata Liquidation means an amount equal to the liquidation of the relevant Collateral Assets held in the Margin Account for a Series of ETP Securities, pro rata to the amount of ETP Securities being redeemed divided by the total number of ETP Securities for such Series, after the pro rata deduction of all costs and expenses incurred by the Issuer in connection with the liquidation of such Collateral Assets, the pro rata deduction of the Arranger Fee and any Funding and Brokerage Fees.

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

  • Class B-5 Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated 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 Percentage for such Distribution Date will be zero.

  • Sharing Percentage means, with respect to any Member, a percentage, expressed as a fraction the numerator of which is the number of Units held by such Member and the denominator of which is the aggregate number of Units held by all Members.