Seller Payments definition

Seller Payments has the meaning set forth in Section 9.1(c).
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Seller Payments has the meaning set forth in Section 3.4 of the Indenture.
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Seller Payments means the (i) the Closing Payment and (ii) the payments contemplated by Section 2.02(d)(vii)(A). “Spare Parts” means spare parts and spare equipment (including spare tail-end shaft(s) and/or spare propellers/propeller blade(s)), machinery, instruments, rigging, anchors, chains, cables, accessories, equipment, appliances, unused stores and provisions, and all other appurtenances associated with each Vessel, and in each case, whether existing on such Vessel or on shore. “Specified Amount” means $5,000,000. “Specified Closing Date Indebtedness” means the Indebtedness set forth on Section 1.01(SCDI) of the Sellers Disclosure Schedule, in each case, to be calculated as of immediately prior to the Closing. “Subject Agreements” means each of the Contracts set forth on Section 1.01(SA) of the Sellers Disclosure Schedule. “Subject Charter” means each of the Xxxxx Xxxxx Charter and Methane Princess Charter. “Subject Guarantee” means each of the Contracts set forth on Section 1.01(SG) of the Sellers Disclosure Schedule. “Subsidiary” when used with respect to any party, means any corporation, limited liability company, partnership, association, trust or other entity of which securities or other ownership interests representing more than fifty percent (50%) of the equity or more than fifty percent (50%) of the ordinary voting power (or, in the case of a partnership, more than fifty percent (50%) of the general partnership interests) are, as of such date, owned by such party or one or more Subsidiaries of such party or by such party and one or more Subsidiaries of such party. Notwithstanding anything to the contrary in the Agreement, the Excluded Entities shall be deemed not to be Subsidiaries of any Company Group Member.
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Examples of Seller Payments in a sentence

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice that separately states the following for the preceding month: (i) the Actual Output during this period; (ii) the monthly Lump Sum Payment for this period; and (iii) the monthly metering charge as set forth in Article 7 (Seller Payments) of this Agreement.

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice for the payment obligations incurred by Company and Seller during the preceding month pursuant to Article 4 (Compensation; Performance Metrics) and Section 5.2 (Sales of Electric Energy by Company to Seller; Seller Payments), together with all supporting documentation and calculations reasonably necessary to evidence all amounts charged thereunder.

  • Buyer will be responsible for all payments, rebates, administrative fees or chargebacks due in connection with any and all sales of Products by or on behalf of Buyer, other than Seller Payments.

  • By the tenth (10th) Business Day of each calendar month, Seller shall submit to Company an invoice that separately states the following for the preceding month: (i) the Actual Output during this period; (ii) the charge for electric energy purchased by Company, as set forth in Attachment J (Company Payments for Energy and Dispatchability) of this Agreement; (iii) the monthly Lump Sum Payment for this period; and (iv) the monthly metering charge as set forth in Article 7 (Seller Payments) of this Agreement.

  • A U.S. person is a citizen or resident of the United Report all interest received on the mortgage as received from States, a domestic partnership or corporation, or a nonforeign the borrower, except as explained under Seller Payments estate or trust.

  • Buyer and Seller agree that, for purposes of the calculation and payment of the Net Seller Payments pursuant to Section 2.08, the Pre-Tax Profit shall initially be determined using an estimated MSR Value equal to the fair market value of the MSR of applicable Mortgage Loans, as determined by Buyer in good faith.

  • Seller may submit invoices electronically and it is not required to provide a hard copy of the invoice.Unless expressly agreed and in writing by Seller, Payments must be in U.S. currency (USD), via electronic fund transfer and payment by credit card is not permitted, unless accepted in writing by the Seller.

  • In order to facilitate the payment of any Other Seller Payments pursuant to this Agreement, such funds shall be paid to an account designated by the Paying Agent (on behalf of the Sellers) for distribution to the Sellers entitled thereto on a pro rata basis (based on each Seller’s Pro Rata Share), subject to such Sellers delivering to Parent a duly completed and executed Letter of Transmittal and Surrendered Certificate(s) prior to such time.

  • If the cash portion of the Purchase Price, as adjusted by the Purchase Price Adjustment, is greater than the sum of the Related Seller Payments, the Closing Date Payment and the Escrow Funds, Buyer shall pay such difference to Seller (without recourse to the Escrow Funds) by wire transfer to an account designated by Seller to Buyer in writing, not less than three (3) days prior to the Closing Date.

  • The 3L Gen 2 Lessee Payments, 2L Seller Payments and 3L Seller Payments will be made based primarily on the information the Claims Administrator has received in the implementation of the 2L Settlement and 3L Settlement.


More Definitions of Seller Payments

Seller Payments has the meaning set forth in Section 12(e) below.
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Related to Seller Payments

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Cure Amounts means all cure amounts payable in order to cure any monetary defaults required to be cured under Section 365(b)(1) of the Bankruptcy Code or otherwise to effectuate, pursuant to the Bankruptcy Code, the assumption by the applicable Seller and assignment to Purchaser of the Purchased Contracts.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Upper payment limit means the maximum ceiling imposed by

  • 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).

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • Contract Adjustment Payments means the payments payable by the Company on the Special Payment Date or the Payment Dates in respect of each Purchase Contract, at a rate per year of [•]% of the Stated Amount per Purchase Contract.

  • Payments refers to anything of value, including cash, gifts, travel expenses, entertainment, offers of employment, provision of free services, and business meals. It may also include event sponsorships, consultant contracts, fellowship support, job offers, and charitable contributions made at the request of, or for the benefit of, an individual, his or her family, or other relations, even if made to a legitimate charity.

  • Contingent Payments has the meaning set forth in Section 2.05(b).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Prepaid Expenses has the meaning set forth in Section 1.2(f).

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

  • Excess Penalty Charges With respect to any Serviced Loan and any Collection Period, the sum of (A) the excess of (i) any and all Penalty Charges collected in respect of such Serviced Loan during such Collection Period, over (ii) all unpaid or unreimbursed Advances and Additional Trust Fund Expenses (including, without limitation, interest on Advances to the extent not otherwise paid or reimbursed by the related Mortgagor, but excluding Special Servicing Fees, Workout Fees and Liquidation Fees) outstanding or previously incurred on behalf of the Trust (and, if applicable, the related Serviced Companion Loan Holder) with respect to such Serviced Loan and reimbursed from such Penalty Charges (which such Advances and Additional Trust Fund Expenses shall be reimbursed from such Penalty Charges) in accordance with Section 3.14 of this Agreement and (B) Advances and expenses previously paid or reimbursed from Penalty Charges as described in the immediately preceding clause (A), which Advances and expenses have been recovered from the related Mortgagor or otherwise.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Transaction Fees means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services ordinarily carried out by investment banks in the context of mergers and acquisitions transactions.

  • 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;

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Scheduled Contracts has the meaning set forth in Section 4.16.