Installment method Sample Clauses

Installment method. In general.
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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.
Sample 1
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.
Sample 1
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.
Sample 1
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.
Sample 1
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.
Sample 1
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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...
Sample 1
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.
Sample 1

Related to Installment method

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.

  • Installment Payments For purposes of Code Section 409A, Employee’s right to receive any installment payments pursuant to this Agreement shall be treated as a right to receive a series of separate and distinct payments. Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of the Company.

  • Settlement Method Election Physical Settlement, Cash Settlement, or Net Share Settlement, at the election of Counterparty as set forth in a Settlement Notice that satisfies the Settlement Notice Requirements; provided that Physical Settlement shall apply (i) if no Settlement Method is validly selected, (ii) with respect to any Settlement Shares in respect of which Dealer is unable, in good faith and in its commercially reasonable discretion, to unwind its commercially reasonable hedge by the end of the Unwind Period (taking into account any Additional Transactions with overlapping “Unwind Periods” (as defined in the applicable Additional Confirmations)) (A) in a manner that, in the reasonable discretion of Dealer, based on advice of counsel, is consistent with the requirements for qualifying for the safe harbor provided by Rule 10b-18 under the Exchange Act (“Rule 10b-18”) or (B) in its commercially reasonable judgment, due to the occurrence of five or more Disrupted Days or to the lack of sufficient liquidity in the Shares on any Exchange Business Day during the Unwind Period, (iii) to any Termination Settlement Date (as defined under “Termination Settlement” in Paragraph 7(g) below) and (iv) if the Final Date is a Settlement Date other than as the result of a valid Settlement Notice, in respect of such Settlement Date; provided, further, that, if Physical Settlement applies under clause (ii) immediately above, Dealer shall provide written notice to Counterparty at least two Scheduled Trading Days prior to the applicable Settlement Date.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.

  • Civil Penalty Payment Method Xxxxxx shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. Xxxxxx is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to Xxxxxx in accordance with Paragraph 12 (Notices).

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