User Payment definition

User Payment means, collectively, the Service Payment and the Operating Payment due in any year, except to the extent such amounts are rebated to a User due to abatement of such User's obligations hereunder as provided in Section 3.04 hereof.
User Payment means a payment made or to be made by a User for the use of a Public Parking Facility.
User Payment means a payment to be paid by a user of the PPP Project in respect of the service received from Operator;

Examples of User Payment in a sentence

  • No board member, officer or employee of User shall be individually or personally liable for the User Payment, but nothing contained herein shall relieve any board member, officer or employee of User from the performance of any official duty provided by any applicable provisions of law or hereby.

  • The payment in any Operating Period by a User of its User Payment shall be for use of the Project by such User during such Operating Period.

  • Each Initial Payment and User Payment shall be payable by the User in accordance with the terms hereof and at the times required herein in lawful money of the United States of America.

  • The User Payment coming due and payable during each Operating Period shall constitute the total payment for service to such User provided by the Project for such Operating Period, and shall be paid by each User in each Operating Period for and in consideration of the right of the use and service provided by the Project during each Operating Period.

  • Such User will pay a combined User Payment that includes the Service Payment and Operating Payment components, with an estimated combined payment of $45 per month for each radio it subscribes to the Project.

  • The Authority will notify the User of the amount of the required User Payment in January of the fiscal year preceding the fiscal year for such payment.

  • Payment Category #2 – If the User does not prepay its Service Payment, it will be responsible for both the Service Payment and Operating Payment components of the User Payment.

  • The parties hereto have agreed and determined that the total User Payment represents not more than the fair value of the cost of the service provided by the Project.

  • The User Payment will be due by August 31st of the fiscal year in which such payment is due.

  • From time to time, we may make a deposit into the User Payment Accounts on a Company’s behalf in an amount that is equal to: (i) the total amount that we have received such Company under all of their Channel Program Agreements with User for deposit into the User Payment Accounts; less (ii) all transaction costs required to facilitate the transfer of such amounts referred to in paragraph (i) from such Company to us, and subsequently from us to User (the “Channel Program Agreement Commission”).

Related to User Payment

  • Transfer Payment Either or both of a Transfer Payment Made or a Transfer Payment Received.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

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

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Improper Payment means: (a) any payment, offer, gift or promise to pay or authorization of the payment or transfer of other things of value, including without limitation any portion of the compensation, fees or reimbursements received hereunder or the provision of any service, gift or entertainment, directly or indirectly to (i) a Government Official; (ii) any director, officer, employee or commercial partner of a Party or its Affiliates; or, (iii) any other person at the suggestion, request or direction or for the benefit of any of the above-described persons and entities, for purposes of obtaining or influencing official actions or decisions or securing any improper advantage in order to obtain, retain or direct business; (b) payments made and expenses incurred in connection with performance of obligations under this Agreement that are not made and recorded with sufficient accuracy, detail, and control to meet the standards in applicable Anti-Corruption Laws; or, (c) any other transaction in violation of applicable Anti- Corruption Laws.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Debit Payment means a particular transaction where a debit is made.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

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

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Application for Payment means Contractor’s monthly partial invoice for payment that includes any portion of the Work that has been completed for which an invoice has not been submitted and performed in accordance with the requirements of the Contract Documents. The Application for Payment accurately reflects the progress of the Work, is itemized based on the Schedule of Values, bears the notarized signature of Contractor, and shall not include subcontracted items for which Contractor does not intend to pay.

  • Payment Recipient has the meaning assigned to it in Section 8.09(a).

  • relevant payment means either a student loan or an amount intended for the maintenance of dependants referred to in paragraph 76(7) or both.

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

  • NERC Interchange Distribution Calculator means the NERC mechanism that is in effect and being used to calculate the distribution of energy, over specific transmission interfaces, from energy transactions.

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.