Year 1 Payment definition

Year 1 Payment means the amount of cash paid by Purchasers to the holder of the Year 1 Note, which shall be a minimum amount of Five Million Dollars ($5,000,000) and may, at the sole option of Purchasers, be up to a maximum amount equal to the Year 1 Principal Amount.
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Year 1 Payment means any sum payable as Additional Consideration under paragraph 2.1 of this part of this schedule;
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Examples of Year 1 Payment in a sentence

  • January 1st after the first calendar year that begins after Company has complied with the payment conditions for Year 1.* * By way of example, if the Year 1 Payment Conditions are met on March 1, 2016, the Year 1 City Incentive Payment would be made after January 1, 2018 (which is the first January after the 1st anniversary date of the completion of the Year 1 Payment Conditions).

  • Year 1, Payment 1 March 15, 2016: Integrated Math I - $369,522.76Year 2, Payment 2 February 25, 2017: Integrated Math I & II - $491,491.64 Year 3, Payment 3 February 15, 2018: Integrated Math III - $190,119.15 High Schools - Jurupa Valley High, Patriot High, Rubidoux HighLiterature: An Introduction to Fiction, Poetry, Drama, and Writing - Cost $71,117.28X.J. Kennedy and Dana Gioia Publisher: Pearson Copyright: 2016Total Cost: $1,122,250.82 ADOPTION OF RESOLUTIONS1.

  • This text, which can give rise to all sorts of abuses, especially considering that civil status registration still does not fully conform to required standards of rigour, certainly needs to be revised.

  • SCHEDULE 2 Authorized Park Expenditures Payments (Entitlements Deemed Approved After 12-13-11) Year 1 Payment Year 2 Payment Year 3 Payment Year 4 Payment Year 5 Payment Year 6 Payment Total Authorized Park Expenditures Payments* $500,000 $7,600,000 $7,600,000 $9,350,000 $8,850,000 $6,600,000 $40,500,000 *The Year 1 payment is due on the second anniversary of the date on which the Entitlements are Deemed Approved (“Anniversary Date”).

  • Direct Development(PWLB)Income StripDEVELOPER/OPERATOR£7,527,407£6,364,121£12,643,794£524,533£443,471£881,058£158 per unit per week£99 per unit per week£266 per unit per week£158 per unit per week£155 per unit per week£266 per unit per week Present Value of Costs Equivalent Annual Cost Year 1 Payment Average Payment • This demonstrates significant variances in the real costs of each model .

  • Year 1 Payment shall be due and owing net thirty (30) days after the date of receipt of a valid invoice.

  • Service UsersService useroccupancyCare ServiceDeveloper /OperatorLCCBlock contractLand(LCC or Partner)Finance(Debt & Equity)ConstructionPresent Value of Costs Equivalent Annual Cost Year 1 Payment Average Payment  This demonstrates significant variances in the real costs of each model .

  • TABLE A.1 Summary of State Payment Accuracy Rates for the Centers for Medicare and Medicaid Services’ Year 1 Payment Accuracy Measurement Project Payment AccuracyState Rate Error Rate Sample Size Sampling Approach Verification of Services*Louisiana 97.8%2.2%600Stratified, random sample ofNo. denied and paid claims.

  • Service UsersService useroccupancyCare ServiceDeveloper /OperatorLCCBlock contractLand(LCC or Partner)Finance(Debt & Equity)ConstructionPage 88Present Value of Costs Equivalent Annual Cost Year 1 Payment Average Payment ▪ This demonstrates significant variances in the real costs of each model .

  • The first business day following January 1st after the first anniversary date that Company complied with the payment conditions for Year 1.* * By way of example, if the Year 1 Payment Conditions are met on March 1, 2017, the Year 1 City Incentive Payment would be made on January 2, 2019 (which is the first business day after January 1 after the 1st anniversary date of the completion of the Year 1 Payment Conditions).

Related to Year 1 Payment

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

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

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

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

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

  • 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.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Make-Whole Payment means, with respect to any Series 2015-1 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2015-1 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2015-1 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

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

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

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

  • Payment month means, for all programs except EA, the calendar month for which benefits are issued.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Payment Amount as defined in Section 3.5.

  • Interim Payment has the meaning specified in Section 10.1.

  • 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.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • 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.