Total Payment definition

Total Payment shall have the meaning set forth in Section 2.4(a).

Total Payment means, for any Lease, a level amount set forth in the Lease and payable monthly in advance by the related Lessee equal to the sum of the Base Payment plus the Local Fees and Taxes.

Total Payment means the total sum payable by the Customer pursuant to this Contract as specified overleaf, as varied by changes to VAT (if any).

Examples of Total Payment in a sentence

• For County and Town and special district purposes, the tax rates used to determine the allocation of the Total Payment shall be the tax rates relating to the calendar year which includes the Total Payment due date.

• Upon the earlier of substantial completion, or the issuance of a certificate of occupancy for any such Future Addition to the Facility, the Company shall become liable for payment of an increase in the Total Payment if the Future Addition shall cause an increase in the assessed value of the Facility, as determined by the Agency or applicable tax assessor.

• For the term of this Tax Agreement, the Company agrees to pay on or before February 1 of each year beginning February 1, 2022 (for County and Town Taxes), on or before July 1 of each year beginning July 2021 (for Village Taxes), and on or before October 1 of each year beginning October 1, 2021 (for School Taxes) (collectively, the "Payment Date"), an amount equal to the payment calculated as described on Schedule A (the "Total Payment").

• For purposes of determining the allocation of the Total Payment among the Affected Tax Jurisdictions, the Agency shall use the last tax rate utilized for levy of taxes by each such jurisdiction.

• For Village and School purposes, the tax rates used to determine the Total Payment shall be the rate relating to the village and school year which includes the Total Payment due date.

More Definitions of Total Payment

Total Payment means (a) the Offering Amount multiplied by (b) the Investment Multiple.

Total Payment means the net proceeds of a sale actually paid to a transferor, including the fair market value of any property transferred to the transferor.

Total Payment means the sum (before taxes) of the following: (i) any Cancellation Amount received by Grantee pursuant to Section 2(b) hereof, (ii)(x) the net cash amounts received by Grantee pursuant to the sale of Option Shares (or any other securities into which such Option Shares shall be converted or exchanged) pursuant to Section 12 or otherwise to any unaffiliated party, less (y) the aggregate Option Price for such shares, (iii) any amounts received by Grantee upon transfer of the Option (or any portion thereof) to any unaffiliated party, and (iv) the amount actually received by Grantee pursuant to Section 6.3(a) of the Merger Agreement; and (2) "Notional Total Payment" with respect to any number of Option Shares as to which Grantee may propose to exercise the Option shall be the Total Payment determined as of the date of such proposed exercise assuming that the Option were exercised on such date for such number of shares and assuming further that such shares, together with all other Option Shares held by Grantee as of such date, were sold for cash at the closing market price for the Issuer Common Stock as of the close of business on the preceding trading day (less customary brokerage commissions). For purposes of this Section 2, references to Grantee shall be deemed to include references to any affiliate of Grantee.

Total Payment means the aggregate amount of the First Closing Payment, any Interim Payments, and the Final Closing Payment, which shall equal, in all events (subject to the terms hereof), twenty-five million dollars ($25,000,000).

Total Payment means those payments described in Section 6.2 hereof.

Total Payment shall have the meanings set forth in Section 5.1.

Total Payment has the meaning set forth in Section 2.8.