The First Payment Sample Clauses

The First Payment. Within five (5) Business Days after the Effective Date, the Purchaser shall pay RMB50,000,000 or equivalent US Dollars or HK Dollars to the Existing Shareholder;
Sample 1
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The First Payment on the date of completion, the Purchaser will pay the Sellers, out of the total consideration, a total of NIS 16,000,000 (hereinafter: “the First Payment”) (that is, a total of NIS 8,000,000 for Seller 1 and NIS 8,000,000 for Seller 2) through the ZAHAV transfer to the Sellers’ accounts.
Sample 1

Related to The First Payment

  • First Payment As of the Cut-off Date, the related Obligor has made the initial payment on such Receivable.

  • Interest Payment For the first Interest Payment Date, February 15, 2017, the amount of interest due with respect to the Class A(2017-2) Notes is $912,847.22. For each Interest Payment Date following the first Interest Payment Date for any Class A(2017-2) Note, the amount of interest due with respect to the Class A(2017-2) Notes shall be an amount equal to

  • Interest Payment Dates Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and on the Termination Date; provided that (i) interest accrued pursuant to Section 3.02(c) shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan (other than an optional prepayment of an ABR Loan prior to the Termination Date), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.

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