Balance Payment definition
Balance Payment means the balance of the Advertised Rate payment plus any extras not already paid for due after the Booking Payment is made by The Client. This is approximately 50% to 60% of the Advertised Rate. This is due for payment 6 calendar months before the Check-In Date. If the Check-In Date falls in under 6 calendar months, then this payment will be collected as part of the Booking Payment;
Balance Payment balance payment representing at maximum the difference between the sum of the 1st and 2nd payments and the total grant for the Partner, as specified in Article 5, Clause 1 hereinbefore; due within 30 days after the remittance of the balance payment by DZS to the Beneficiary, provided that the Partner will have fulfilled all duties with deadlines scheduled before the final report date; the balance payment may amount to a lower sum than the assumed one if the balance payment from DZS to the Beneficiary also amounts to a lower sum than assumed; the balance payment may amount to a higher sum than the assumed one if the 2nd payment is reduced, provided that the Partner will have fulfilled all duties with deadlines scheduled before the final report date and that the reduction of the 2nd payment will not result in reduction of the total grant contribution provided by DZS to the Beneficiary; the maximum amount of the balance payment is specified in Annex 4, Clause 3c) of this contract. All payments shall be regarded as advances pending explicit approval by DZS of the final report, the corresponding cost statement and the quality of the project results. The Partner is responsible for providing financial resources for the project implementation in the case that the advances are delayed after the real spending of the budget. The Beneficiary and the Partner have agreed that all financial transactions which the Beneficiary is entitled to claim under this contract will be made by means of bank transfer to the bank account of the Partner as specified in Annex 4, Clause 4 of this contract.
Balance Payment shall have the meaning set forth in Section 4.
Examples of Balance Payment in a sentence
Any payments in respect of the Settlement Balance Payment shall first be applied to payment of accumulated unpaid interest.
The Deposit Instalments and any amount of Balance Payment made by the Purchaser is non-refundable other than in the circumstances set out in Clause 3.3 above.
The Deposit and any amount of Balance Payment made by the Purchaser(s) is non-refundable other than in the circumstances set out in Clause 3.3 above.
Time is of the essence for the Initial Payment and Settlement Balance Payment.
Provided that the entire Settlement Balance Payment is made in full by November 30, 2024, within five (5) days thereafter Bxxxxxxx shall file a Notice of Dismissal of the Litigation with prejudice.
More Definitions of Balance Payment
Balance Payment has, in respect of each Aircraft, the meaning assigned to it in Clause 6.2.8.
Balance Payment. If no other payment is received 30 days prior to arrival, we will automatically run the balance on the credit card on file. Balance is due no later than days prior to your arrival date. We can keep the balance payment on the same credit card used for the initial payment, you can call with a different card, or a check or money order can be issued at least 30 days prior to your arrival. Please send your check or money order with a signed copy of the rental agreement. DAMAGE POLICY: Every reservation requires either (1) a $29 damage protection policy
Balance Payment means the balance of the Advertised Rate payment plus any Extras not already paid for due to the Property Provider from the Renter after the Booking Payment has been paid. This will be approximately 60% of the Advertised Rate. If applicable, this is payable 6 (six) calendar months before the Check-In Date. If the Check-In Date is within 6 calendar months from the initial booking date, then this payment will be collected as part of the Booking Payment. We will collect this on behalf of the Property Provider in most instances via online card payment facilities. Occasionally it is paid direct to the Property Provider;
Balance Payment means with respect to any Pool of Purchased Receivables an amount equal to the excess, if any, of:
Balance Payment for a Tranche means the Loan Principal Amount for that Tranche minus (less) the Advanced Funds and any Origination Fee, costs or expenses, if applicable then due and as set forth in the Closing Statement for that Tranche.
Balance Payment means the balance of the Trip Cost after payment of the Deposit and Interim Payment. “Booking Conditions” means these booking conditions. “Booking Confirmation” means the paper or electronic document issued by STC on receipt of the Deposit which confirms that the Contract has come into existence. "Code of Conduct" means the set of rules and guidelines that the School and every Participant agrees to abide by whilst on the Trip.