Phase II Prepayment definition

Phase II Prepayment shall have the meaning set forth in Section 7.3 of this Agreement.
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Examples of Phase II Prepayment in a sentence

  • For the avoidance of doubt: the Phase II Prepayment amount is an estimate only and shall not limit Customer’s obligation to pay Company for all Company Reimbursable Costs actually incurred by Company and/or its Affiliates.

  • Promptly following issuance of the Phase II Notice, Customer shall determine whether it wishes to (a) deliver an unconditional written direction to Company to commence and complete performance of the Phase II Portion of the Company Work accompanied by payment in full of the invoiced Phase II Prepayment amount (“Notice to Proceed”) or (b) terminate this Agreement for convenience by delivering a written notice thereof to Company (“Convenience Termination Notice”).

  • Company shall provide Customer with a written notice (the “Phase II Notice”) of the Company’s good faith estimate of the additional total Company Reimbursable Costs to perform the Phase II Portion of the Company Work (the “Phase II Prepayment”), which notice will include a reasonable summary of the anticipated work to be performed for the Phase II Portion of the Company Work, and the related costs and expenses, and an invoice for the Phase II Prepayment amount.

  • I Portion of the Company Work, Company shall provide Customer with a written notice (the “Phase II Notice”) of the Company’s good faith estimate of the additional total Company Reimbursable Costs to perform the Phase II Portion of the Company Work (the “Phase II Prepayment”), which notice will include a reasonable summary of the anticipated work to be performed for the Phase II Portion of the Company Work, and the related costs and expenses, and an invoice for the Phase II Prepayment amount.

  • Deliver Notice to Proceed and pay Phase II Prepayment 30 Days following completion of Task 3 Customer The dates above represent the Parties’ preliminary schedule, which is subject to adjustment, alteration, and extension.

  • Deliver Notice to Proceed and pay Phase II Prepayment 30 Days following completion of Task 3 Customer Exhibit B: Preliminary Milestone Schedule PRELIMINARY MILESTONE SCHEDULE The dates above represent the Parties’ preliminary schedule, which is subject to adjustment, alteration, and extension.

Related to Phase II Prepayment

  • Initial Prepayment shall have the meaning set forth in Section 7.2 of this Agreement.

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Optional Prepayment Price shall have the meaning set forth in Section 14.02(a).

  • Prepayment means any prepayment, whether in part or in full, in respect of any Receivable.

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Mandatory Prepayment is defined in Section 2.4(a).

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.