Quarterly Settlement Amount definition

Quarterly Settlement Amount shall have the meaning specified in Section 7.03(c).
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Quarterly Settlement Amount means, (i) for any Quarter other than the Initial Period, the sum of (a) any Required Closure Payments accrued in that Quarter plus (b) [twenty-five percent (25%) multiplied by the Settlement System Revenue Value multiplied by (one plus the Annual Percentage Adjustment) multiplied by (one minus the Quarterly System in Service Percentage)]; and (ii) for the Initial Period, the sum of (a) any Required Closure Payments accrued in that Quarter plus (b) [the Initial Period Percentage of the Settlement System Revenue Value multiplied by (one plus the Annual Percentage Adjustment) multiplied by (one minus the Quarterly System in Service Percentage)].
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Quarterly Settlement Amount shall have the meaning set forth in Section 4.5.4.
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Examples of Quarterly Settlement Amount in a sentence

  • Any Quarterly Settlement Amount due to the City by the Concessionaire shall accrue as a credit (the “Settlement Credit”) against future Quarters in which the City owes a Quarterly Settlement Amount to the Concessionaire.

  • Each such Quarterly Settlement Amount shall bear interest at the Bank Rate from the last Day of the Quarter in which such amount is calculated until such amount is discharged.

  • Interest on such deposits shall not be included in calculating the Quarterly Settlement Amount.

  • The City will calculate and report in writing to the Concessionaire: the Monthly System in Service Percentages, the Quarterly System in Service Percentage, and the Quarterly Settlement Amount for each Quarter no later than the first Business Day of the third month after the end of the Quarter; and the Settlement System Revenue Value no later than the first Business Day of August of each Reporting Year.

  • If the Quarterly Settlement Amount is a negative number for that Quarter, then the Concessionaire shall owe the City the Quarterly Settlement Amount for that Quarter.

  • Convenience fees shall not be included in calculating the Quarterly Settlement Amount.

  • A Required Closure Payment arising in connection with any Quarter shall be due and payable as part of the Quarterly Settlement Amount for such Quarter.

  • If the Quarterly Settlement Amount for any Quarter is a positive number, then the City shall owe the Concessionaire the Quarterly Settlement Amount for that Quarter.

  • Any such Quarterly Settlement Amount shall be reduced by the application of the amount of any available Settlement Credit and any Quarterly Settlement Amount remaining after such reduction must be paid within 60 Days following the final determination of such Quarterly Settlement Amount in accordance with Section 7.4 or Section 7.15.


More Definitions of Quarterly Settlement Amount

Quarterly Settlement Amount means, for any Quarter, the sum of (a) any Required Closure Payments accrued in that Quarter plus (b) [twenty-five percent (25%) multiplied by the Settlement System Revenue Value multiplied by (one plus the Annual Percentage Adjustment) multiplied by (one minus the Quarterly System in Service Percentage)].
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Quarterly Settlement Amount means, with respect to any Quarterly Settlement Period, the product of: (i) the Quarterly Settlement Quantity; and (ii) and the Settlement Price as set forth in the Transaction Confirmation.
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Quarterly Settlement Amount means, (i) for any Quarter other than the Initial Period, the sum of (a) any Required Closure Payments accrued in that Quarter plus
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Quarterly Settlement Amount means the amount with respect to an Accounting Period owing from the Ceding Company to the Reinsurer or the Reinsurer to the Ceding Company (other than any Funds Withheld Reserves Adjustment), as reflected in the quarterly settlement report for such Accounting Period, delivered in accordance with Section 5.2. (ss) “Reconciliation Amount” has the meaning set forth in Section 3.1(d).
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Related to Quarterly Settlement Amount

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Early Settlement has the meaning specified in Section 5.9(a).