Surcharge Payment definition

Surcharge Payment means the payment to Owner for Capital Items described in Section 8.1 for Condition 1 and Section 8.2 for Condition 2.
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Examples of Surcharge Payment in a sentence

  • Otherwise, Owner shall not be obligated to install any Capital Item unless ISO is obligated to pay a Surcharge Payment for the Capital Item.

Related to Surcharge Payment

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

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

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