Deferred Amount Clause Samples
A Deferred Amount clause defines a portion of a payment or obligation that is postponed to a later date rather than being settled immediately. In practice, this clause specifies the conditions under which the deferred sum will be paid, such as upon the occurrence of certain events, the passage of time, or the fulfillment of specific milestones. By structuring payments in this way, the clause helps manage cash flow, incentivize performance, or address uncertainties, ultimately providing flexibility and risk management for the parties involved.
Deferred Amount. For any Class of Subordinate Certificates (other than the Class X Certificates) and Distribution Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the sum of (i) the aggregate of amounts previously paid in reimbursement thereof and (ii) any additions to the Class Principal Balance pursuant to Section 4.03(b) on such Distribution Date or any previous Distribution Date. Any payment of Deferred Amount pursuant to Section 4.02(e) shall not result in a reduction to the Class Principal Balance of the Class of Certificate to which it is distributed.
Deferred Amount. For any Class of Class M or Class B Certificates and any Distribution Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.
Deferred Amount. For any Class of Subordinate Certificates entitled to principal and any Distribution Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Certificate Principal Balance thereof exceeds (y) the sum of (a) the aggregate of amounts previously paid in reimbursement thereof and (b) any additions to the Certificate Principal Balance thereof due to Subsequent Recoveries. Any payment of Deferred Amount pursuant to Section 5.06(d) shall not result in a reduction to the Certificate Principal Balance of the Class of Certificate to which it is distributed.
Deferred Amount. The amount of your benefit under this Agreement shall be equal to one hundred thirteen thousand five hundred ten dollars ($113,510) (the "Deferred Amount"). This Agreement makes no change in the amounts credited on your behalf under the Net Worth Agreement as of March 31, 2006. No additional amounts will be deferred on your behalf under this Agreement for any reason, including, without limitation, interest or earnings on the Deferred Amount.
Deferred Amount. The Deferred Amount shall be due and payable on the refinance, sale or transfer of the Property if the Project ceases to be used in whole or part for the purpose set forth in this Agreement prior to the Termination Date, unless prior written consent of the County is obtained.
Deferred Amount. Deferred Amount" shall mean $25,000,000.00.
Deferred Amount. For any Class of Subordinate Notes (other then the Class SB Notes), the Class 2A-1 Notes and the Class G Certificates and any Payment Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.
Deferred Amount. Buyer shall pay the Deferred Amount at Closing to the Escrow Agent pursuant to Section 2.3.
Deferred Amount. The term "Deferred Amount" shall mean a portion of the Western Water Purchase Price equal to the sum of One Million Three Hundred Thirty-Six Thousand Dollars ($1,336,000).
Deferred Amount. For any Class of Subordinate Notes and Payment Date, will equal the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the aggregate of amounts previously paid in reimbursement thereof.