Reservation Payment definition

Reservation Payment. Means any payment made to Applicant at the conclusion of each Capability Period based on an Aggregation’s Portfolio Quantity, its Incentive Rate, and its Average Season Performance Factor, which will be calculated, by Aggregation, at a dollar amount equal to the applicable Incentive Rate per kW per Capability Period multiplied by Applicant’s Portfolio Quantity multiplied by Applicant’s Average Season Performance Factor.
Reservation Payment has the meaning set forth in Section 5.1.
Reservation Payment means, for each Billing Period, the payment to be made by Purchaser to Seller for the Contract Capacity available to Purchaser from the Dedicated Unit or Replacement Power delivered by Seller to Purchaser during such Billing Period, in accordance with Section 10.1(b) subject to the other terms of this Agreement. The Reservation Payment includes all of Seller's fixed costs associated with the Dedicated Unit and the Common Facilities, including, but not limited to, fixed operating and maintenance costs and property taxes.

Examples of Reservation Payment in a sentence

  • If your reservation is declined, you will be notified and your Reservation Payment will be refunded.

  • If we are held liable for any damages related to your reservation or this Agreement, your sole and exclusive remedy will be limited to reimbursement of the Reservation Payment paid to us.

  • At the time you enter into the Purchase Agreement, you may, at your sole option, notify us that you would like to take your Reservation Payment and apply it to your deposit.

  • You may make your Reservation Payment by the means described in the Payment Instructions.

  • This Agreement is formed and becomes effective when we receive both your: (1) validly executed Agreement and (2) Reservation Payment in the amount and form stated in the Payment Instructions provided to you in connection with this Agreement.

  • The Reservation Payment is fully refundable by us to you at any time (for example, if you choose to cancel or abandon your reservation, or if we decline to maintain you as a reservation holder).

  • We will not hold your Reservation Payment separately or in an escrow or trust fund or pay any interest on Reservation Payments, except to the extent required by law.

  • The Reservation Payment is fully refundable by us to you at any time (for example, if you choose to abandon your reservation, or if we decline to maintain you as a reservation holder).

  • This Agreement is formed and becomes effective when we receive both your: (1) validly executed Agreement and (2) Reservation Payment in the amount stated in clause 2 of the “Instructions and Bank Accounts for Reservation Payments” on page 3 of this Agreement.

  • You may make your Reservation Payment by PayPal or credit card, or by bank check or electronic transfer in accordance with the payment instructions that are attached to this Agreement or provided to you online.


More Definitions of Reservation Payment

Reservation Payment. Payment equal to the enrolled event dekatherm reduction multiplied by the corresponding Reservation Rate and adjusted by the then applicable Performance Factor for each month of the winter season.
Reservation Payment means, for each Billing Period, the payment to be made by Purchaser to Seller for the Contract Capacity of a Dedicated Unit available to Purchaser or for Replacement Capacity during such Billing Period, in accordance with Section 10.1.
Reservation Payment. For rentals of 1 week or less, a $500 deposit is due within 5 business days from the time the reservation is made. For rentals of 2 weeks or more, an additional $500 deposit is required. The remaining balance is due 8 weeks prior to the arrival date. For reservations made within 60 days of arrival, full payment is due within 5 days. Damages: An accidental damage waiver is included in your Xxxx Beach Rental reservation. The damage waiver covers up to $1000 of accidental damage per stay. All damage, outside of what is deemed normal wear and tear, must be reported prior to your departure. If damage is not reported, this waiver is void. Should Xxxx Beach Rentals deem the damage to be intentional, the guest will be held responsible for the repair, replacement, and/or cleaning. Upon arrival, guests should inspect the property and report any noticeable issues as soon as possible.
Reservation Payment. Individuals: X Room, Tax and Incidentals or routed to a master account, by direction of client. Concessions based on 80% consumption of Room Block
Reservation Payment has the meaning given in Section 3.2(a) of this Agreement.
Reservation Payment means the Auction Clearing Price, multiplied by the Portfolio Quantity, multiplied by the Annual Performance Factor.

Related to Reservation Payment

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Exception Payments means payments to deposit accounts or brokerage accounts, payments to settle securities transactions (including, without limitation, stocks, bonds, securities, futures (forex), options, or an investment interest in any entity or property).

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Accommodation Payment as defined in Section 10.21(d).

  • Delta Payment means as it is described in this Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Principal Relocation Payment A payment from any Loan Group to REMIC 1 Regular Interests other than those of their corresponding Loan Group as provided in the Preliminary Statement. Principal Relocation Payments shall be made of principal allocations comprising the Principal Amount from a Loan Group.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Termination Payment has the meaning set forth in Section 6.03.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Past Due Rent Payment is defined in Section 2.2(g).