Turnover Amount definition

Turnover Amount has the meaning set forth in Section 11.01(a).
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Turnover Amount means an amount of Cash that Time Warner would otherwise be entitled to receive had they not agreed to the Turnover, which, when turned over to Holders of Accepting Class 4 Claims, would yield to such Holders, together with the PR Distribution Amount and the Additional Distribution Amount, an amount equal to 100% of the Allowed amount of each such Holder’s Class 4 Claim.
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Turnover Amount has the meaning set forth in Section 17.1.
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Examples of Turnover Amount in a sentence

  • Lessee shall also apply the Turnover Amount to the cost of the repair or restoration prior to the escrow holder being obligated to make any disbursements from the Proceeds Reserve.

  • Tenant shall also apply the Turnover Amount to the cost of the repair or restoration prior to the escrow holder being obligated to make any disbursements.

  • Instead, the Monitor shall distribute: (i) the Non-Participating Term Loan Lender Pro Rata Shares of the Turnover Amounts to the Non-Participating Term Loan Claim Holders (collectively, the “Term Loan Turnover Amount”); and (ii) the Turnover Amounts, less the Term Loan Turnover Amount, to the beneficiaries of the General Unsecured Creditor Cash Pool.

  • Tenant will be responsible for the amount of the insurance deductible or any self-insured retention amount plus any shortfall needed to complete the repair or restoration, and Tenant shall deposit such amounts in accordance with the above provisions, less the Turnover Amount with respect to each Site so damaged, with the escrow holder prior to the escrow holder being obligated to make any disbursements.

  • Tenant will be responsible for the amount of the insurance deductible or any self-insured retention amount plus any shortfall needed to complete the repair or restoration, and Tenant shall deposit such amounts in accordance with the above provisions, less the Turnover Amount, with the escrow holder prior to the escrow holder being obligated to make any disbursements.

  • Seller shall be obligated to pay the Turnover Amount solely out of dividends received by Seller following the Turnover Payment Trigger Date and shall make payments in respect of such obligation until the Turnover Amount shall have been paid in full, with each such payment being made within two Business Days following the payment of any dividend to Seller or any of its Affiliates on any Share.


More Definitions of Turnover Amount

Turnover Amount means, where a Turnover Recipient has Received or Recovered a Turnover Receipt, the amount that is necessary to be paid by any relevant person in order to fully give effect to the Agreed Distributions or an amount equal to such an amount;
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Related to Turnover Amount

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Offset Amount means the amount or amounts which the Joint Venturers may be entitled to offset against future royalty payments pursuant to subclause (3) of this Clause;

  • Minimum Transfer Amount means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

  • Transfer Amount means, as of any Transfer Date, any of the Issuer Expenses Transfer Amount, the Taxation Expenses Transfer Amount, the Servicer Fee Transfer Amount, the Reserve LC Expenses Transfer Amount, any Debt Service Reserve Account Transfer Amount, any Series Senior Interest Transfer Amount for any Series of Securities, any Series Senior Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Excess Scheduled Principal Transfer Amount for any Series of Securities, any Series Senior Accelerated Principal Transfer Amount for any Series of Securities, any Series Senior Excess Accelerated Principal Transfer amount for any Series of Securities, any Series Subordinated Interest Transfer Amount for any Series of Securities, any Series Subordinated Scheduled Principal Transfer Amount for any Series of Securities, and/or any Series Subordinated Accelerated Principal Transfer Amount for any Series of Securities, each as of such Transfer Date.

  • Turnover Rate means the period of time (usually in hours) required to circulate a volume of water equal to the pool or spa capacity.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Maximum Available Amount means, on any date of determination, an amount equal to the lesser of:

  • After Tax Amount means the amount of the Aggregate Payments less all federal, state, and local income, excise and employment taxes imposed on the Executive as a result of the Executive’s receipt of the Aggregate Payments. For purposes of determining the After Tax Amount, the Executive shall be deemed to pay federal income taxes at the highest marginal rate of federal income taxation applicable to individuals for the calendar year in which the determination is to be made, and state and local income taxes at the highest marginal rates of individual taxation in each applicable state and locality, net of the maximum reduction in federal income taxes which could be obtained from deduction of such state and local taxes.