Adjusted Estimated Fair Value of the Contract definition

Adjusted Estimated Fair Value of the Contract means the Estimated Fair Value of the Contract, less an amount equal to the aggregate of:
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Adjusted Estimated Fair Value of the Contract. “Affiliate” “Assets”
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Adjusted Estimated Fair Value of the Contract means the Estimated Fair Value of the Contract, less an amount equal to the aggregate of: [the Post Termination Service Amounts (if a positive number)’] the Tender Costs; and amounts that the Authority is entitled to set off or deduct under Clause 24.9 (Set-Off), plus an amount equal to the aggregate of: all credit balances on any bank accounts held by or on behalf of PPP Co. on the date that the Estimated Fair Value of the Contract is calculated; any insurance proceeds and other amounts owing to PPP Co. (and which PPP Co. is entitled to retain), to the extent non included in (I); and the Post Termination Service Amounts (if a negative number), to the extent that: (i), (ii) and (iii) have not been directly taken into account in calculating the Estimated Fair Value; and the Authority has received such amounts in accordance with the Project Agreement or such amounts are standing to the credit of the Joint Insurance Account.
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Examples of Adjusted Estimated Fair Value of the Contract in a sentence

  • Payment of Outstanding Element If the Authority has elected to pay in accordance with clause 56.2 (Instalments) it may (on twenty (20) Business Days' prior written notice to the Contractor) elect to pay any outstanding element of the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) together with any interest accrued pursuant to clause 56.3 (Interest) in full on any Instalment Date.

  • Interest Where the Authority elects to pay the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) element of the Termination Sum in instalments pursuant to clause 56.2 (Instalments), from the Notice Date until the date of payment, interest shall accrue on any unpaid element of the Termination Sum at the Senior Debt Rate and be payable on the next occurring Instalment Date.

  • To the extent that the Adjusted Estimated Fair Value of the Contract, less an amount equal to the Lifecycle Surplus as at the Termination Date, is less than zero, then an amount equal to the Adjusted Estimated Fair Value of the Contract, less an amount equal to the Lifecycle Surplus as at the Termination Date, shall be due and payable by the Contractor to the Authority on the Compensation Date.

  • If the Parties cannot agree on the Adjusted Estimated Fair Value of the Contract on or before the date falling twenty (20) Business Days after the date on which the Authority elected to require an expert determination in accordance with this clause 51.3, then the Adjusted Estimated Fair Value of the Contract shall be determined in accordance with the Dispute Resolution Procedure.

  • The Authority may elect to pay the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount (as relevant) element of the Termination Sum: in instalments, on the dates (“Instalment Dates”) and in the amounts that PPP Co. would have been required to pay principal to the Senior Lenders (under the terms of the Senior Funding Agreements) had the Termination date not occurred; or as the Parties may agree.

  • The Authority shall pay to the Contractor the Termination Sum, together with interest at the Prescribed Rate on or before the date falling forty (40) Business Days after the Notice Date provided that it may elect to pay the Adjusted Estimated Fair Value of the Contract in accordance with paragraph 4.2 of this Part 7 (General).

  • If the Authority has elected to pay in accordance with paragraph 4.2 it may (on twenty (20) Business Days’ prior written notice to the Contractor) elect to pay the outstanding part of the Adjusted Estimated Fair Value of the Contract or the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) element of the Termination Sum in full on any Instalment Date.

  • If the Authority has elected to pay in accordance with clause 42.2 (Instalments) it may (on twenty (20) Working Days’ prior to written notice to the Contractor) elect to pay any outstanding element of the Adjusted Estimated Fair Value of the Contract Base or the Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) in full on any Instalment Date.

  • If the Authority: fails to make a payment to PPP Co. in accordance with paragraphs (a) and/or (b) above; or breaches Clause 48 (Assignment), PPP Co. may issue a notice to the Authority declaring any unpaid and outstanding element of (as applicable) the Adjusted Estimated Fair Value of the Contract, the Base Senior Debt Termination Amount or the Revised Senior Debt Termination Amount (as relevant) element of the Termination Sum to be immediately due and payable.

  • If the Authority has elected to pay in accordance with paragraph 3.2 it may (on twenty (20) Business Days’ prior written notice to the Contractor) elect to pay the outstanding part of the Adjusted Estimated Fair Value of the Contract in full on any Instalment Date.

Related to Adjusted Estimated Fair Value of the Contract

  • Adjusted Fair Market Value means, in the event of a Change in Control, the greater of (i) the highest price per Share paid to holders of the Shares in any transaction (or series of transactions) constituting or resulting in a Change in Control or (ii) the highest Fair Market Value of a Share during the ninety (90) day period ending on the date of a Change in Control.

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of eighty one million dollars ($81,000,000).

  • Fair Market Value Excess With respect to each Mortgage Loan to be purchased pursuant to Section 10.01(a), the excess, if any, of the Fair Market Value Call Price for such Mortgage Loan, over the Par Call Price for such Mortgage Loan. Any Fair Market Value Excess will not become part of the related Group Available Funds, but shall instead be distributed directly to the Holders of the Class A-LR Certificates pursuant to Section 4.02(g).