Final Lump Sum Payment Sample Clauses

Final Lump Sum Payment any amount of your Outstanding Loan Balance that remains at the end of your Amortization Period; and
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Final Lump Sum Payment any amount of your Outstanding Loan Balance that remains at the end of your Amortization Period will be paid by you in a final lump sum.
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Final Lump Sum Payment. Duke will pay the Executive a final lunp-sum payment equal to the sum of (a) One Million Four Hundred Eight Thousand Two Hundred Forty-Seven and No/100 Dollars ($1,408,247), plus (b) the excess (if any) of (x) One Million Eighty Thousand and No/100 Dollars ($1,080,000) over (y) the amount previously paid to the Executive under the 2003 annual bonus plan pursuant to Paragraph 2(b) above, such lump-sum to be made as provided in Paragraph 8 below.
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Final Lump Sum Payment any amount of your Outstanding Loan Balance that remains at the end of your Amortization Period; and (x) Prime Rate Variance: if the Prime Rate changes significantly it may result in:(1) your loan being paid in full early; (2) the lengthening of your Amortization Period [to a maximum of fourteen and one-half (14½) years]; or (3) you being required to pay a Final Lump Sum Payment.
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Related to Final Lump Sum Payment

  • Lump Sum Payment If an individual JOC Task Order is scheduled for Completion within forty-five (45) days or less, the County will make one payment after thirty (30) days of Work to the Contractor, exclusive of retention. Contractor may request for one payment (including retention payment); however, payment will be made after Final Acceptance of the JOC Task Order.

  • Lump Sum Payments The retiring allowance shall be paid in annual instalments, to a maximum of three

  • Lump Sum Severance Payment Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in ▇▇▇▇▇ ▇; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Minimum Payment Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.