Release Payment definition

Release Payment. The funds referred to in a Warehouse Lender's Release or Seller's Release, as applicable.

Release Payment means, with respect to the sale or other disposition of any Property, or any direct or indirect interest owned therein by the Company or any Subsidiary, (i) 110% of the aggregate Allocated Amount for such Property less (ii) the amount of any distributions in respect of the Unrecovered Capital of the Class A Member that were previously made to the Class A Member with Net Sale Proceeds, Net Disposition Proceeds and/or Net Financing Proceeds from such Property.

Release Payment has the meaning ascribed to such term in Section 1.8(a)(i).

Examples of Release Payment in a sentence

• The Energy Consultant’s certification for payment shall constitute a representation to the Funding Agency, based on the Energy Consultant’s evaluations of the work and on the data comprising the ESCO’s Application for Release Payment, that the Work has progressed to the point indicated and that, to the best of the Energy Consultant’s knowledge, information and belief, the quality of the Work is in accordance with the Contract Documents.

• If the Claimant does not cure the deficiency, the Claimant is eligible for an Expedited Release Payment if he or she has a Covered Other Product.

• GC 8.02.03.05 Substantial Performance Payment and Substantial Performance Statutory Holdback Release Payment Certificates .01 When the Contract Administrator issues the Certificate of Substantial Performance, the Contract Administrator shall also issue the Substantial Performance Payment Certificate and the Substantial Performance Statutory Holdback Release Payment Certificate or where appropriate, a combined payment certificate.

• Inward investments that are structured and financed in more complex ways – typically acquisitions – can require formal approval; here the rationale is the need to assess the balance of longer-term benefits and risks for domestic companies and the economy more generally.

• Settling Covered Other Products Claimants are eligible for two separate compensation options, each of which is mutually exclusive: (a) the Expedited Release Payment Option OR (b) the Medical Condition Payment Option.

More Definitions of Release Payment

Release Payment has the meaning set forth in Section 2.4 hereof.

Release Payment shall have the meaning set out in Section 8.6(b).

Release Payment means the payment by the Company of the amounts referenced in Section 2.1.

Release Payment means a severance payment from the Company to the Participant in an amount equal to the sum of (1) the product of (x) the difference between (A) [_________________]2 and (B) the number of Units issued to Employee in settlement of his rights under this Agreement, multiplied by (y) $0.525, multiplied by (z) the number of quarterly distribution dates for the Partnership’s common units which would occur between (A) the date the Participant separates from Service, and (B) December 5, 2023, and (2) if the Employee separates

Release Payment. The amount necessary to effectuate a release under a Warehouse Lender's Release.

Release Payment has the meaning set forth in Section 7.4.1 hereof.

Release Payment means a severance payment from the Company to the Participant in an amount equal to the sum of (1) the product of (x) the difference between (A) [ ]1 and (B) the number of Units issued to Employee in settlement of his rights under this Agreement, multiplied by (y) $0.525, multiplied by (z) the number of quarterly distribution dates for the Partnership’s common units which would occur between (A) the date the Participant separates from Service, and (B) December 5, 2023, and (2) if the Employee separates