Installment method Clause Samples

Installment method. (1) In general. (2) Limitation on amount subject to tax. (3) Rollover rule.

Installment method. The amount of each installment shall be equal to one- 20th (cannot be less than one-fortieth) of the Distributable Balance immediately preceding the first installment payment. Installment payments (to be completed only if item ii) – Installment Method was selected above): shall shall not be paid or continue to be paid to the Executive’s spouse after the death of the Executive.

Installment method. The amount of each installment shall be equal to one- 20th (cannot be less than one-twentieth) of the value of the Deferred Compensation Account immediately preceding the first installment payment, plus accrued interest compounded monthly for the current calendar quarter. Installment payments (to be completed only if item ii) – Installment Method is selected above): shall shall not be paid or continue to be paid to the Executive’s spouse after the death of the Executive.

Installment method. (i) To the Company. After Investor has filed his or her I-526 Petition, then Investor’s Capital Contribution shall be released to the Company according to the following method: (1) Initial Release Triggers. All capital released to the Company pursuant to this Agreement will be made available for loan by the Company to MALF for use as provided in the sources and uses table located in MALF’s Business Plan. All amounts of Investor’s Capital Contribution released to the Company prior to Investor’s acceptance as a member of the Company shall be considered a down payment for Investor’s Unit in the Company. A. Up to $200,000.00 of each Investor’s Capital Contribution Funds. If MALF obtains a loan, line of credit, or is able to obtain MALF Reserve Account and at least 13 Investors have filed or caused to file I-526 Petitions based upon their investment in the Company, then an amount up to $200,000.00 of Investor’s $500,000.00 Capital Contribution shall be released to the Company. B. Up to $400,000.00 of each Investor’s Capital Contribution Funds. An amount up to $400,000.00 of Investor’s $500,000.00 Capital Contribution (which includes those amounts released as described immediately above) shall be released to the Company if: (I) Investor Holdings Account Agent has received a copy of Form I-797, Notice of Action, evidencing the USCIS approval of at least one of the Company’s Investor’s I-526 Petition; or (II) Investor Holdings Account Agent has received a copy of Form I-797, Notice of Action, evidencing the USCIS approval of an exemplar filing based upon an investment in the Company. (2) Complete Release Trigger. If Investor Holdings Account Agent has received a copy of Form I-797, Notice of Action, evidencing USCIS approval of the Investor’s I-526 Petition, then that Investor’s full $500,000.00 Capital Contribution shall be due and all amounts of that Investor’s Capital Contribution remaining in the Investor Holdings Account shall be released to the Company. (ii) To the Investor. The installment portions of Investor’s Capital Contribution deposited into the Investor Holdings Account shall be released by Investor Holdings Agent to Investor, without interest, pursuant to Investor’s wiring instructions which do not violate U.S. laws and regulations as follows: (1) The total amount of the installment portions of Investor’s Capital Contribution deposited into the Investor Holdings Account, less wiring fees and without interest, shall be returned to Investor in the eve...

Installment method. The amount of each installment shall ----- be equal to one-twentieth (cannot be less than one- twentieth) of the Ending Balance plus accrued interest compounded monthly for the preceding calendar quarter. If the Executive does not fully complete the blanks shown in paragraph 2(e), it will be assumed that he has chosen the lump sum option.

Installment method. Holders of Claims constituting installment obligations for tax purposes may be required to recognize currently any gain remaining with respect to the obligation if pursuant to the Plan the obligation is considered to be satisfied at other than its face value, distributed, transmitted, sold, or otherwise disposed of within the meaning of section 453B of the IRC.

Installment method. Notwithstanding the foregoing, the Sellers may, by notice to the Buyer not later than four Business Days prior to Closing, elect to receive payment of the Cash Consideration and Initial Adjustment Amount Payment in two installments, the first such installment being in an amount specified in such notice and payable on the Closing Date and the second such installment being payable on or before January 1, 1998. If Sellers elect to receive payments in installments pursuant to this paragraph, at the Closing, the Buyer shall pay the first installment in cash and shall execute and deliver to the Sellers a promissory note for the principal amount of the second installment (after deduction of all letter of credit issuance fees and expenses (including associated attorneys' fees) actually payable to the issuer of the letter of credit securing such promissory note). Such promissory note shall bear interest at a rate equal to the same rate the Buyers would be able to obtain by investing an amount equal to the principal amount of the note in the letter of credit bank's money market funds and shall be secured by an irrevocable letter of credit authorizing Sellers to draw thereon upon certification to the issuer thereof that Buyer has failed to pay such note when due. Such promissory note and letter of credit shall be on terms and pursuant to written documents mutually agreed by Sellers and Buyer.

Installment method involves the selling of some assets, paying the liabilities of the partnership, dividing the available cash to the partners, selling additional assets and making further payments to partners. This process continues until all the assets have been sold and all cash has been distributed to the creditors and to the partners.