Balloon definition
Examples of Balloon in a sentence
Fly High is engaged in the business of operating Tethered Helium Balloon amusement rides of different configurations.
The Servicer shall also advance in respect of each Payment Date following (x) a delinquency in the payment of the Balloon Payment of the Mortgage Loan or foreclosure (or acceptance of a deed-in-lieu of foreclosure or comparable conversion) of the Whole Loan or (y) not later than the related Remittance Date, to the Distribution Account, the amount of any Assumed Monthly Payment deemed due with respect to the Mortgage Loan on such Payment Date (net of the Servicing Fees).
Fly High is UAE franchisee of Big Balloon Holdings & holds the rights to use “Big Balloon” Trademark.
Fly High has been authorized by Big Balloon to use “Big Balloon Carnival”, “Big Balloon Café”, “Big Balloon VR” & “Big Balloon Kids Games” trade names.
Fly High has acquired by way of lease space/ acquiring rights in UAE as specified in Annexure A hereto for operating their Tethered Helium Balloon amusement rides (“locations”) in accordance with the terms and conditions as set out in the Agreement executed between Fly High and each of the location owner for leasing the locations (“said lease”).