Payment Sum definition

Payment Sum means the sum equal to a the Acquired Percentage of the Market Value of the Premises as at a date no more than eight weeks prior to either the date of exchange of contracts for the assignment or the date of surrender of this Lease (as the case may be) assessed by a Valuer on the instruction of the Leaseholder provided that in assessing the Market Value the Valuer shall not disregard the matters referred to in paragraph (c) and paragraph (d) of the definition of “Market Value”.
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Payment Sum means the sum equal to a the Acquired Percentage of the Market Value of the Property as at a date no more than eight weeks prior to either the date of exchange of contracts for the assignment or the date of surrender of this Lease (as the case may be) assessed by a Valuer on the instruction of the Leaseholder provided that in assessing the Market Value the Valuer shall not disregard the matters referred to in paragraph (c) and paragraph (d) of the definition of "Market Value".
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Payment Sum means the Buyers Payment Percentage of the amount which is the higher of: (a) the Market Value of the Property at the Payment Date; and (b) the amount you receive from a Sale
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Examples of Payment Sum in a sentence

  • Where the Credit Limit has been exceeded, the Minimum Payment Sum shall be inclusive of the amount in excess of the Credit Limit.

  • Payment for Core M&O Services includes Non-Key Deliverables, Reports, and Transition Deliverables, which are not tied to an Incremental Payment Sum.

  • For and in consideration of the matters set forth ------------- herein, Employer hereby agrees to pay to Employee within the next thirty days the Payment Sum, less applicable payroll deductions.

  • Lightwave agrees to and shall deliver to Arrow payment in the amount of $371,021.81 (the "Payment Sum") in full settlement and satisfaction of the Amount Due.

  • The Payment Sum shall be distributed to Arrow by check or wire transfer within three (3) business days of the date hereof.

  • The Payment Sum is the amount (if any) due to the Consultant under the Consultancy Agreement for the Services performed prior to the Execution Date.

  • The Payment Sum is determined: by agreement between the Department and the Consultant; or if no agreement has been concluded by the Execution Date, by the Department, acting reasonably (as adjusted through any dispute resolution under clause 3.3).

  • Surrender by Leaseholder Restart Numbering Applied If the Landlord serves notice on the Leaseholder pursuant to Clause 3.19.4(c) completion of the surrender to the Landlord shall take place and vacant possession shall be given on a date agreed between the Landlord and the Leaseholder but failing agreement on the date four weeks from the date the Payment Sum is determined.

  • For Contractor to receive the Incremental Payment Sum for the Key Deliverables (as delineated in this Attachment B), Contractor shall include the associated deliverable acceptance document signed by the State in the invoice submission.

  • SVB agrees that if payment is made not later than close of business on the Deadline Date SVB shall accept the Discounted Payment Sum in satisfaction of IMSI’s obligations under the Revised Promissory Note and the SVB Loan Agreement.


More Definitions of Payment Sum

Payment Sum means the amount determined in accordance with clause 3.1. Capitalised terms used but not defined in this Deed have the meanings given in the Consultancy Agreement. From the Effective Date: the Incoming Party is a party to the Consultancy Agreement instead of the Department; all references to the Department in the Consultancy Agreement are references to the Incoming Party; the Incoming Party: enjoys all of the rights and benefits of the Department under the Consultancy Agreement; is bound by the terms of the Consultancy Agreement as if the Incoming Party had originally been a party to the Consultancy Agreement; and must perform all obligations of the Department under the Consultancy Agreement which are to be performed after the Effective Date; and the Consultant is bound by the Consultancy Agreement as if the Incoming Party had originally been a party to the Consultancy Agreement.
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Payment Sum means the aggregate sum of:
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Related to Payment Sum

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.