Supply Payment definition

Supply Payment has the meaning set forth in Section 7.4.
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Supply Payment means the total amount paid by Kissei pursuant to Section 7.4.3 (a)(ii)(Supply Payment) in a calendar quarter divided by the total units of Products purchased by Kissei in the same quarter. Schedule 7.4.3(d) provides (i) a table showing the relationship between the Supply and Sales Fraction and the Effective Royalty Rate, and (ii) an example to demonstrate the calculations of this Section 7.4.3(d) (Royalty Floor).
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Supply Payment in relation to any Supply Service, means the consideration for the supply by the Supplier of that Supply Service, including:
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Examples of Supply Payment in a sentence

  • The SoLR process and the Licensing Framework Under SLC 9.1 of the Supply Licence, licensed suppliers are entitled, provided the Authority consents, to make a claim for a Last Resort Supply Payment (“LRSP”) from each Relevant Gas Transporter and Electricity Distribution Operator.

  • Claim for Last Resort Supply Payment Under SLC 9.1 of the Supply Licence, SoLRs are entitled, with Ofgem’s consent, to make a claim for a Last Resort Supply Payment (“LRSP”) from each Relevant Gas Transporter and Electricity Distribution Network Operator.

  • In the last 12 months there have been a number of Supplier of Last Resort (SoLR) events that have resulted in claims from SoLR suppliers for their outstanding costs (Last Resort Supply Payment or LRSP).

  • Claim for Last Resort Supply PaymentUnder SLC 9.1 of the Supply Licence, SoLRs are entitled, with Ofgem’s consent, to make a claim for a Last Resort Supply Payment (“LRSP”) from each Relevant Gas Transporter and Electricity Distribution Network Operator.

  • For Foreign Suppliers: Main Supply: Payment term is 100% payment on CAD basis after 60 days from the date of receipt of documents, specified in PO, at BHEL bank and submission of PBG valid for the warranty period.

  • Notification of Vertical Integration 137Condition 41: Prohibition of Cross-Subsidies 138Condition 42: Not used 139Condition 43: Restriction on Activity and Financial Ring Fencing 140Condition 44: Availability of Resources 143Condition 45: Undertaking from Ultimate Controller 151Condition 46: Credit Rating of Licensee 153Condition 47: Indebtedness 155Condition 48: Last Resort Supply: Payment Claims 161 PART II.

  • In the recent Supplier of Last Resort (SoLR) process Co-operative Energy requested almost £15 million from the Last Resort Supply Payment for costs such as emergency fuel purchasing and IT systems integration.11 Anyone who bids for SoLR customers must be able to handle the influx of customers and obtain the best possible deal for them.

  • To date, Ofgem has undertaken an auction process to determine who the SoLR supplier will be, which means that the amount of cost to be recovered from the industry varies, as set out below:This indicates the likelihood of a number of further material SoLR claims over the coming years, supporting the need for a specific cost recovery mechanism.LRSP processSoLR suppliers can make a claim for a Last Resort Supply Payment (LRSP) to cover its costs once the customers have been transferred.

  • Notification of Vertical Integration 137Condition 41: Prohibition of Cross-Subsidies 138Condition 42: Not used 139Condition 43: Restriction on Activity and Financial Ring Fencing 140Condition 44: Availability of Resources 143Condition 45: Undertaking from Ultimate Controller 151Condition 46: Credit Rating of Licensee 152Condition 47: Indebtedness 155Condition 48: Last Resort Supply: Payment Claims 161 PART II.

  • The Supplier may increase the Supply Payment for any Extra Supply under this provision by an amount calculated in compliance with this Agreement.


More Definitions of Supply Payment

Supply Payment means amounts then due and payable to EDF by ESCO for natural gas, electricity, capacity, RECs, Ancillary Services or other commodities or products delivered pursuant to any Gas Transaction, Power Transaction, Capacity Transaction or REC Transaction, as applicable, prior to any Early Termination Date with respect to such Transaction.
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Supply Payment means the payments to be made under Monthly/Periodic Bills as referred to in Article 11 and the relevant Supplementary Bills;
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Related to Supply Payment

  • Royalty Payment has the meaning set forth in Section 6.1.

  • 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.

  • Untimely payment means a payment to a subcontractor that is more than 90 days past due under the terms and conditions of a subcontract for supplies and services for which the Government has paid the prime contractor.

  • Monthly Payment The scheduled monthly payment of principal and interest on a Mortgage Loan.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Milestone Payment has the meaning set forth in Section 4.2.

  • 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”.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

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

  • Lease Payment means any form of payment, including a land lease, by a public entity to the private entity for the use of a qualifying project.

  • Bill Payment is the online service that enables the scheduling of bill payments using a personal computer;

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

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

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

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • 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.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the Master Servicer or the Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • 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.

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

  • Monthly Payments has the meaning set forth in Section 7.2B.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

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

  • 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;