First Installment Sample Clauses
First Installment. In the event that the Executive ----------------- shall have been employed continuously by the Company during the period from the date of this Agreement through the first sixth month anniversary of the Effective Date, then the Company shall pay the Executive on the first sixth month anniversary of the Effective Date, but in no event prior to January 1, 2001, an amount equal to 23% of the Executive's weighted average base salary during the 6 month period ending on such first sixth month anniversary.
First Installment. Commencing one year after the Option Date, Optionee may exercise the Option for up to 25 percent of the number of Option Shares.
First Installment. Commencing on the Option Date, Optionee may exercise the Option for up to 50 percent of the number of Option Shares.
First Installment. Within five (5) Business Days after Buyer’s receipt of a photocopy of the Letter of Guarantee issued by the Guarantor under Article XI by facsimile, of which the original shall be simultaneously delivered to Buyer in accordance with Article XXVI, the Buyer shall remit by wire transfer the First Installment in the amount set forth in Schedule 1 to Xxxxxxx Xxxx, Xxxx Xxxxxx Xxxxx, Xxxxx (BIC:XXXXXXXX, A/C No. 181-000-051075) with Chase Manhattan Bank, New York (BIC: XXXXXX00, A/C No. 001-1-544-541) in favor of Samsung Heavy Industries Co., Ltd., or to such other bank which the Builder may designate in writing at least ten (10) days in advance of the Initiating Event defined in Schedule 1, in favor of Samsung Heavy Industries Co., Ltd (hereinafter called the “Builder’s Bank”) under advice by authenticated cable or facsimile to the Builder’s Bank.
First Installment. A lump sum Payment of One Hundred ----------------- Twenty Five Thousand Dollars ($125,000) shall be paid to Executive within 10 days following the Execution Date, subject to the repayment conditions and obligations in Section 4.1.3.
First Installment. On the date the Purchase Price reaches the Provisional Account in accordance with legal procedures and upon satisfaction of the following conditions, the Transferee shall pay 80% of the Purchase Price (“First Installment”) to the Transferors:
8.1.1 The Transferors has obtained written documents of Lishui municipal government’s consent to the Equity Stakes Transfer specified in Article 22.13 of the Contract
8.1.2 The Object Company shall have legally obtained the Social Insurance Registration Certificate and Water Procurement Certificate.
8.1.3 The Transferors and the Transferee agree that 80% yield from power generation of the Hydropower Project belongs to the Object Company from the date of the First Installment to the date of the second installment, and the Transferors shall not dispose of or reduce the aforesaid yield in whatever manner, for which the Transferee is entitled to pursue compensation directly from the Transferors.
First Installment. Up to 25% of the total optioned shares at any time on or after July 1, 1997;
First Installment. The FIRST INSTALLMENT shall be an aggregate of US$ 11,650,000 (eleven million six hundred fifty thousand U.S. Dollars).
First Installment. The first installment of the Purchase Price (the “First Installment”) shall be ninety percent (90%) of the Purchase Price calculated by reference to the Shipment Size and Base NCV. Buyer shall pay the First Installment within five (5) Working Days following receipt from Seller of a properly documented invoice therefor, which invoice shall be valid when Buyer has received each of the following with respect to the FOB Shipment that is the subject of the invoice:
(1) originals of the clean on board xxxx(s) of lading required pursuant to the FOB Schedule;
(2) original FOB Weight Certificate;
(3) copy of the mate’s receipt(s) duly signed by the officer in charge of loading the Vessel;
(4) Shipper Cargo Information Sheet (SCIS) as issued by Seller from time to time;
(5) statement of facts and NOR at Load Port signed by Seller (or its representative) and the Master; and
(6) copies of certificates of origin (using a first in-first out determination), if requested pursuant to Section 5(a)(vi).
First Installment. On the date the Purchase Price reaches the Provisional Account in accordance with legal procedures, the Object Company obtains the power business permit issued by the Power Regulatory Commission and the social insurance registration certificate, the Transferee shall pay 80% of the Purchase Price (“First Installment”) to the Transferors; both of the Transferee and the Transferors agree that 80% of the yield generated by Yingchuan Hydropower Project shall belong to the Object Company from the date of the First Installment to next installment, and the Transferors shall not dispose of, reduce or damage the aforesaid yield in any manner, otherwise, the Transferee is entitled to directly pursue the Transferors for compensation.