Delay Amount definition

Delay Amount shall equal 0.75% of the amount which is the Initial Purchase Price, less any portion of the Initial Purchase Price which has been received by Sellers pursuant to any Closings which have occurred prior to the time such payment is due. "DEPOSIT RELEASE DATE" is the date on which a Closing has occurred for Radio Groups for which more than forty-five percent (45%) of the Initial Purchase Price has been paid to Sellers.
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Delay Amount means [****];
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Delay Amount shall equal 0.75% of the Initial Purchase Price. "DEPOSIT RELEASE DATE" is the date on which a Closing under this Agreement and the Multi-Stations Agreement has occurred for which more than forty-five percent (45%) of the Aggregated Initial Purchase Price has been paid to Sellers.
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Examples of Delay Amount in a sentence

  • In addition, the Initial Value will be adjusted upward by the amount of any Estimated Cash, adjusted downward by the amount of any Estimated Indebtedness, any Estimated Transaction Expenses, any Estimated Unspent Capital Expenditure Amount, the Cap Gemini Excess Amount, the Esfel Amount, the Separation Delay Amount and the Debt Swap Amount.

  • If any Delay Amount payment, including any interest payment in respect thereof, is due on a day that is not a Business Day, the payment shall be due on the next succeeding Business Day, and the extension of time shall be included in the period of time used for purposes of calculating the amount of interest payable under this Confirmation Amendment.

  • Subject to the occurrence of the CL Realty Conveyance Date, Seller shall pay to or otherwise cause Buyer to receive 100% of the sales proceeds of all Hydrocarbons produced by the CL Realty Assets since the Effective Time, less any amounts that would qualify as downward adjustments under Section 4.01(b) (excluding any downward adjustment for Asserted Defects under Section 4.01(b)(iii) or the CL Realty Delay Amount under Section 4.01(b)(iv)) with respect to the CL Realty Assets.

  • Concurrent with or following payment of any Delivery Delay Amount, Development Manager may deliver a consent to an amendment to the Letter of Credit providing for a reduction in the stated amount of Letter of Credit by the amount of the Delivery Delay Amount paid.

  • In addition, the Initial Value will be adjusted upward by the amount of any Final Cash and any Earn-Out Amount, and adjusted downward by the amount of any Final Indebtedness, any Final Transaction Expenses, any Final Unspent Capital Expenditure Amount, the Cap Gemini Excess Amount, the Esfel Amount, the Separation Delay Amount and the Debt Swap Amount.

  • Failure by Owner to provide such written notice to Development Manager within seven (7) days after the applicable Guaranteed Delivery Date shall constitute a full and final waiver by Owner to claim such Delivery Delay Amount.

  • On or before October 25, 2002, Nevada Power shall make a mandatory prepayment of the Delay Amount to DETM equal to DETM's Pro Rata Portion of Nevada Power's September Excess Cash.

  • If Development Manager fails to pay the Delivery Delay Amount within thirty (30) days after Shell and Core Delivery occurs, then Owner may, without notice to Development Manager, draw upon the Letter of Credit and use the proceeds from such draw to pay Owner the Delivery Delay Amount.

  • In addition, the Initial Value will be adjusted upward by the amount of any Estimated Cash, adjusted downward by the amount of any Estimated Indebtedness, any Estimated Transaction Expenses, any Estimated Unspent Capital Expenditure Amount, the Cap Gemini Excess Amount, the Esfel Amount and the Separation Delay Amount.

  • Any optional prepayment shall be applied first to accrued and unpaid interest on the amount of the prepayment, calculated as of the date of the prepayment, and then to the Delay Amount.


More Definitions of Delay Amount

Delay Amount means, in respect of a Premises, an amount equal to the Deferred Premises Amount for that Premises divided by the number of calendar days in the term of the relevant Deal Module each as at the relevant date on which this Agreement requires calculation of the Delay Amount.
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Delay Amount shall be determined as follows: an additional $30,000 if Closing is after July 31, 1996 and before September 1, 1996; an additional $50,000 if Closing is after August 31, 1996 and before September 15, 1996; or an additional $70,000 if Closing is after September 15, 1996 and before October 1, 1996, (such additional amount referred to herein as the "Delay Amount"); Buyer grants to Seller or its assignee piggyback registration rights with regard to any securities issued to it under this section and shall give Seller at least 30 days advance notice of any such registration and the exact terms and conditions of such offering of securities all at the expense of Buyer. "Piggyback registration rights" granted hereunder means that Buyer shall exercise its best efforts to obtain registration of the securities issued to Seller hereunder in the event Buyer registers with the Securities and Exchange Commission any of the same class of securities for sale to the public. Buyer and Buyer Shareholders agree that in the event Buyer registers any securities for sale to the public by the Buyer shareholders, Buyer shall cause the registration of an equal number of securities to be registered for Seller. Therefore, if Closing is after October 1, 1996, then the Purchase Price shall be the same as if Closing occurred prior to August 1, 1996)
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Delay Amount shall have the meaning given to it in clause 2.1.1 (Settlement, Release and Agreement Not to Sue) of the Settlement Deed. "GLNG Guarantee" means that certain guarantee dated 27 September 2019 relating to the FLNG Facility provided by GLNG in favour of the Lessee.
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Related to Delay Amount

  • 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.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

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

  • 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.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).