Payment Installments Clause Samples

Payment Installments. Payment of the Contract Price shall be made by the Owner to the Builder by Three (3) installments as follows: 1st installment (10%) equal to US$1,091,700/- on 5 Jan 2005. 2nd installment (5%) equal to US$545,850/- on 31 March 2005. 3rd installment (85%) equal to US$9,279,450/- upon Delivery of Vessel

Payment Installments. The payment of $300,000 (the “Grant Payment”) will be paid […***…] days from execution of this agreement via check. The Grant Period shall commence upon receipt of the Grant Payment by Tocagen.

Payment Installments. 1. Paydays will be on the 6th and 21st of each month, for a total of twenty- four (24) pays in each school year. Any fraction that results from this is added to the final check in August. When a payday falls on a recess or holiday, the checks will be mailed. Teachers may select direct bank deposit. 2. Normally, summer pay will continue through August. Upon application by the teacher prior to May 15 and approval by the Superintendent, summer pay (July and August) shall be accumulated and paid on the second pay in June.

Payment Installments. A subscription for shares, whether made before or after the incorporation of a corporation, shall be paid in full at the time or times, or in the installments, if any, specified in the subscription agreement. In the absence of a provision in the subscription agreement specifying the time at which the subscription is to be paid, the subscription shall be paid at the time or times determined by the board, but a call made by the board for payment on subscriptions shall be uniform for all shares of the same class or for all shares of the same series.

Payment Installments. The Payment Obligations and Base Interest thereon are payable in the following installments: 3.5.1 On the first Business Day of each calendar month, commencing with the first such date after the Effective Date, the sum of $400,000 (each, a "Monthly Payment"), to be applied, first, to the payment of accrued and unpaid Base Interest, and thereafter, to the unpaid principal portion of the Payment Obligations; provided, however, that in the event of a refinancing and prepayment of the Payment Obligations as described in Section 8.3, the Monthly Payment shall be reduced to a monthly amount equal to the greater of (a) $100,000 and (b) the monthly amount necessary to amortize the unpaid principal amount of the Payment Obligations in equal monthly installments by the Final Maturity Date. 3.5.2 On or prior to March 31, 2005, and on each March 31 thereafter until payment in full of the Payment Obligations, an amount equal to 75% of the Free Cash Flow of ITG for the preceding ITG Accounting Year (each, an "Annual Sweep Payment"), beginning with the ITG Accounting Year which begins December 29, 2003, to be applied, first, to the payment of accrued and unpaid interest on the Payment Obligations, second, to the payment of the unpaid principal amount of the Payment Obligations, and thereafter, to the payment of any other Secured Obligations in such order and manner as the Trustee shall determine. (a) Each Annual Sweep Payment shall be accompanied by a calculation, in reasonable detail, of Free Cash Flow for the applicable ITG Accounting Year, certified as true and correct by the President or Chief Financial Officer of ITG. In the event of any dispute between ITG and the Trustee with respect to the calculation of Free Cash Flow, the parties shall engage, at ITG's expense, an independent certified public accountant mutually acceptable to the Trustee and ITG to perform the calculation. (b) After payment in full to the Trustee of an Annual Sweep Payment for any ITG Accounting Year, and assuming that (i) the calculation of Free Cash Flow in connection with such Annual Sweep Payment is not in dispute, (ii) no Restricted Payment Period is in effect, and (iii) no uncured Default or Event of Default exists under this Agreement, ITG may expend, transfer or otherwise dispose of the 25% balance of Free Cash Flow for such ITG Accounting Year in its sole discretion.

Payment Installments. The Purchaser has agreed to pay the total consideration of Rs. /- (Rupees Only) to The Promoters/Developers and Builders against the said Flat. And out of the total consideration amount the purchaser has paid ▇▇▇▇▇▇▇ money to The Promoters/Developers and Builders at the time of this agreement in the following manner:- Rs. 0,00,000/- Rupees only paid by Cheque No. dated drawn on Bank Branch. ============== Rs. 00,00,000/- ============== RUPEES ONLY. That The Promoters/Developers and Builders doth herby admit and acknowledge of the ▇▇▇▇▇▇▇ money from the Purchaser and the Purchaser has agreed and assured that he/she/they/its shall pay the balance consideration amount of Rs. /- in following manner :- “ARTICLE OF AGREEMENT” PAGE NO :- 9 1 Booking Amount or ▇▇▇▇▇▇▇ money at the time of Booking. 10 % 2 At the time of Execution of Agreement. 20 % 3 On Completion of the Plinth ▇▇▇▇▇. ▇▇ % 4 On Completion of Basement Level Slab. 05 % 5 On Completion of First Level Slab. 05 % ▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇. 05 % ▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇. 05 % 8 On Completion of Sixth Level Slab. 05 % 9 On Completion of the Walls & Internal Plaster. 05 % 10 On Completion of the Sanitary Fittings, Staircases, Lift ▇▇▇▇▇, Lobbies. 05 % 11 On Completion of the External Plumbing and External Plaster, Terraces with Waterproofing, of the building or wing in which the said Flat is located. 05 %

Payment Installments. Registration Fee and New Student Fee (if applicable) due at time of registration. A post-­‐dated cheque for the balance of tuition fees, including activity fees are due September 1st.

Payment Installments. If the Borrower will be required to submit equal payments for the loan amount across a span of time as “Installments,” then select the second checkbox of Section III. This selection will require that some clarification is provided by selecting one of the installment plans it defines. If Applicable, Select And Complete Item 15 Or Item 16 Or Item 17 Or Item 18 (15) First Installment. To set an installment plan for payments on the concerned IOU loan, several details will be needed beginning with the dollar amount of the Borrower’s first payment to the Lender.

Payment Installments. 4.4.1 The payment required by this Section and Section 4.4.2 for each Share Installment shall be made to the account in the name the Company set forth In Annex 4 to this Agreement or at the bank notified by the Company to the Investor reasonably prior to the relevant Closing Date. It is noted that (a) not less than 75% of each Share Installment shall be for Subscription Shares and (b) the aggregate number of Subscription Shares and Outstanding Shares shall not exceed the number of shares listed below in this Section 4.4. The number of Subscription Shares and Outstanding Shares to be subscribed for and purchased, respectively, by the Investor, and the amount to be paid therefor by the Investor, are as follows (it being understood that not more than 1,000,000 (in words: one million) Outstanding Shares shall be purchased under the terms of this Agreement): (i) $500,000 will be paid for 500,000 Common Shares on or before the later of the Fulfillment Date or July 31, 2012; (ii) $500,000 will be paid for 500,000 Common Shares on or before the later of the Fulfillment Date or August 10, 2012; (iii) $1,000,000 will be paid for 1,000,000 Common Shares on or before the later of the Fulfillment Date or August 31, 2012; (iv) $1,000,000 will be paid for 1,000,000 Common Shares on or before the later of the Fulfillment Date or September 30, 2012; (v) $1,000,000 will be paid for 1,000,000 Common Shares on or before the later of the Fulfillment Date or October 31, 2012; (vi) $1,000,000 will be paid for 1,000,000 Common Shares on or before the later of the Fulfillment Date or November 30, 2012; and (vii) $1,000,000 will be paid for 1,000,000 Common Shares on or before December 31, 2012. 4.4.2 If the Investor fails to comply with its obligations to purchase any Share Installment at a Closing on a Closing Date set forth above (after giving effect to a grace period of five (5) full Business Days), then the Issue Price shall increase to USD$1.20 (in words: one US dollar and twenty US cents) per share for such Share Installment, unless such increase is waived by the Company. For the avoidance of doubt, the Issue Price for all remaining Share Installments shall remain unchanged, unless the Investor shall fail to comply with its obligations to purchase any later Share Installment, at which point the Issue Price for such Share Installment shall increase as aforesaid. If the Investor further fails to comply with its obligations to purchase any Share Installment at a Closing on a Cl...