Installment Payment. If the Agreement provides, and if the Participant is employed by the Company on the date the Option is exercised, payment of all or part of the Option price may be made in installments. In that event the Company may, if so determined by the Administrator, lend the Participant an amount equal to not more than 90% of the Option price of the shares acquired by the exercise of the Option. This amount shall be evidenced by the Participant's promissory note and shall be payable in not more than five equal annual installments, unless the amount of the loan exceeds the maximum loan value for the shares purchased, which value shall be established from time to time by regulations of the Board of Governors of the Federal Reserve System. In that event, the note shall be payable in equal quarterly installments over a period of time not to exceed five years. The Participant shall pay interest on the unpaid balance at the minimum rate necessary to avoid imputed interest or original issue discount under the Code. All shares acquired with cash borrowed from the Company shall be pledged to the Company as security for the repayment thereof. In the discretion of the Administrator, shares of stock may be released from such pledge proportionately as payments on the note (together with interest) are made, provided the release of such shares complies with the regulations of the Federal Reserve System relating to securities credit transactions then applicable. While shares are so pledged, and so long as there has been no default in the installment payments, such shares shall remain registered in the name of the Participant, and he shall have the right to vote such shares and to receive all dividends thereon.
Installment Payment. Lessee shall have the right to execute in the name of the Lessor and as its attorney in fact such agreement or agreements or other instrument which may be required or permitted by law to permit the payment of such taxes or assessments in installments, but Lessee shall not be liable to pay any installments for taxes not due at the end of this original or any renewed term after occupancy of the Lessee has closed.
Installment Payment. If the Agreement provides, and if the ------------------- Participant is employed by the Company on the date the Option is exercised, payment of all or part of the Option price may be made in installments. In that event the Company shall lend the Participant an amount equal to not more than ninety percent (90%) of the Option price of the shares acquired by the exercise of the Option. This amount shall be evidenced by the Participant's promissory note and shall be payable in not more than five equal annual installments, unless the amount of the loan exceeds the maximum loan value for the shares purchased, which value shall be established from time to time by regulations of the Board of Governors of the Federal Reserve System. In that event, the note shall be payable in equal quarterly installments over a period of time not to exceed five years. The Board, however, may vary such terms and make such other provisions concerning the unpaid balance of such purchase price in the case of hardship, subsequent termination of employment, absence on military or government service, or subsequent death of the Participant as in its discretion are necessary or advisable in order to protect the Company, promote the purposes of the Plan and comply with regulations of the Board of Governors of the Federal Reserve System relating to securities credit transactions. The Participant shall pay interest on the unpaid balance at the minimum rate necessary to avoid imputed interest or original issue discount under the Code. All shares acquired with cash borrowed from the Company shall be pledged to the Company as security for the repayment thereof. In the discretion of the Board, shares of stock may be released from such pledge proportionately as payments on the note (together with interest) are made, provided the release of such shares complies with the regulations of the Federal Reserve System relating to securities credit transactions then applicable. While shares are so pledged, and so long as there has been no default in the installment payments, such shares shall remain registered in the name of the Participant, and he shall have the right to vote such shares and to receive all dividends thereon.
Installment Payment. If Sunrise and the customer have concluded an installment payment agreement, the num- ber and amount of the monthly installments and any initial payment shall be specified in the purchase and installment payment agree- ment. The monthly installments will be char- ged to the bill for the mobile phone contract. The payment terms are governed by section 6 GTC. The installment payment is interest- and charge-free. The installment payment agreement is contingent on the existence of the asso- ciated mobile phone contract (see also sec- tion 12). The customer is entitled to pay any outstanding installments at once at any time. The financed device is the property of the customer. Theft, loss, surrender or transfer of ownership of the device shall not release the customer from the obligation to fulfill the in- stallment payment agreement or from paying the installments.
Installment Payment. If you elect to pay your premium in monthly, quarterly, or semi-annual installments, we will charge you the non-refundable transaction fee listed on the declarations page. This fee is waived if you pay annually.
Installment Payment. If, by any law, any such tax is payable or may at the option of the taxpayer be paid in installments, Lessee may pay the tax, together with any accrued interest on the unpaid balance of the tax, in installments as they become due.
Installment Payment. Buyer agrees it shall pay Seller $100,000 on or before the 12-month anniversary of the Closing Date, for the purpose of paying its remaining creditors, including without limitation, M Advertising. In the event that the Buyer closes on a financing equal to or greater than $3 million, the Installment Payment shall be accelerate to include the entire balance at the time of Closing.
Installment Payment. On January 4, 2016, Landmark shall pay the amount of $1,118,628.98 to the seller of Asset Number BB154338, as further shown herein on Exhibit A, as a final installment payment of the purchase price related thereto (the “BB154338 Payment”). Landmark shall indemnify, defend and hold harmless OpCo and the OpCo Indemnitees (as more specifically defined in Section 9.1 herein) from any Loss actually suffered or incurred by, related to or arising out of the BB154338 Payment. Notwithstanding anything to the contrary as set forth herein, the BB154338 Payment shall not be subject to the limitation on indemnities as set forth in Section 9.3 of this Agreement.
Installment Payment. On a date no later than five (5) business days from the date the Company completes a bridge financing of no less than $1.5 million USD, the Lender shall pay to Lender an amount equal to £115,000 GBP as an installment payment on the principal of the Loan, and the balance of the principal of the Loan shall be paid at the Maturity Date.
Installment Payment a. An installment payment of $200 must be submitted prior to the first semester of occupancy. This installment payment will be applied to the room and board charges of the first semester of occupancy.
