Quarterly Payment Cycle definition

Quarterly Payment Cycle means, with respect to a Designated System, either Payment Cycle A, Payment Cycle B or Payment Cycle C as specified by the IPA for such Designated System pursuant to Section 3.4.
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Quarterly Payment Cycle means, with respect to a Designated System, either Payment Cycle A, Payment Cycle B or Payment Cycle C as specified by the IPA for such Designated System pursuant to Section 3.4. 3 For avoidance of doubt, the Price Adder related to the Community Solar Subscription Mix is applied only to the Non-Anchor Tenant Contract Price component of the Contract Price calculation, and the Price Adder related to a 100% Low-Income Subscriber Owned Project is applied to the overall Contract Price.
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Examples of Quarterly Payment Cycle in a sentence

  • This Agreement may include multiple Quarterly Payment Cycles, but each Designated System shall be associated with only one (1) Quarterly Payment Cycle.

  • If there are outstanding amounts eligible for payment by Buyer to Seller during the Term of this Agreement, Seller shall render to Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or after the first (1st) day, but no later than the tenth (10th) day of the first month in a Quarterly Period of a Quarterly Payment Cycle.

  • To be successful using EOQ, a company needs to know the usage of units, ordering cost in $/order, annual carrying cost, unit cost in $ and order unit quantity.Without each of these values, the EOQ method is unable to be used.

  • Notwithstanding, the IPA may in its reasonable discretion designate a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month following Energization.

  • The IPA shall endeavor, on a commercially reasonable efforts basis, to designate for each Designated System a Quarterly Payment Cycle that includes a Quarterly Period that concludes on the month of Energization of the Designated System so that Seller may invoice and be paid for RECs associated with the Designated System in the month following the date of Energization.

  • For purposes of invoicing and payment, each Designated System shall be associated with one of the following payment cycles: Upon Energization of a Designated System, the IPA shall designate a Quarterly Payment Cycle to such Designated System and shall indicate such Quarterly Payment Cycle in Schedule B to the Product Order applicable to such Designated System.

  • With respect to a Quarterly Payment Cycle, no more than one (1) invoice is rendered or the last Business Day of the following month if thewill be processed for payment is the first payment made under this Agreement; provided that all Seller’s invoices must be accompanied by the latest Quarterly Netting Statement issued to Seller by the IPA and the invoice amount shall not cause the payment to be made to cumulatively exceed the Maximum Allowable Payment specified in such Quarterly Netting Statement.

  • Specifically, with respect of a Quarterly Payment Cycle, invoices are to be submitted no later than the following dates (each an “Invoice Due Date”): For Payment Cycle A, the 10th of the month of January, April, July or October; For Payment Cycle B, the 10th of the month of February, May, August or November; For Payment Cycle C, the 10th of the month of March, June, September or December.

  • DuringThis Agreement may include multiple Quarterly Payment Cycles, but each Designated System shall be associated with only one (1) Quarterly Payment Cycle.

  • If there are outstanding amounts eligible for payment by Buyer to Seller during the Term of this Agreement, Seller willshall render to the Buyer an invoice by electronic mail for the payment obligations of Buyer to Seller on or after the first (1st) day of the month, but no later than the tenth (10th) day of the month (thefirst month in a Quarterly Period of a Quarterly Payment Cycle.

Related to Quarterly Payment Cycle

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

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

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Early Payment Date (k) means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Monthly Reporting Period The period during which servicers report Mortgage payments to the Administrator, generally consisting of the calendar month preceding the related Payment Date for Gold PCs and the second calendar month preceding the related Payment Date for ARM PCs, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement; provided, however, that with respect to prepayments on PCs issued before September 1, 1995, the Monthly Reporting Period generally is from the 16th of a month through the 15th of the next month.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Party A Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.