Contract Instalment definition

Contract Instalment means an instalment of the Contract Price of the Ship payable under the Shipbuilding Contract;
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Contract Instalment means, in relation to each Contract, each instalment (including for the avoidance of doubt each relevant First Instalment, each relevant Steel Cutting Instalment, each relevant Launching Installment each relevant Keel Laying Installment and each relevant Delivery Installment) of the relevant Contract Price due and payable to the relevant Builder pursuant to such Contract by the relevant Owner in such amount and upon such terms as set out in such Contract;
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Examples of Contract Instalment in a sentence

  • Definition of Revenue and Expense; Measurement of Revenue and Expense; Identification of the Transaction; Sale of Goods; Rendering of Services; Interest; Royalties/Franchise and Dividends and Disclosures Requirements as per IAS 18; Basic Issues in Revenue and Expense Recognition for Construction Contract; Instalment Sale; Hire Purchase; Consignment.

  • Single car collisions can result in driver and passenger injuries, pedestrian injuries, and often extensive property damage.

  • Contract Number Contract Instalment InstalmentSequence Date Amount216015667 APK-MTS-AOD-2018 1013425340 30/09/2019 1500.00217028531 ANGMA DFC372 1013812140 31/10/2019 3581.00 • The Financial Officer did not ensure that an ID copy of the person who is responsible for paying the fees was received for 8% (2 out of 25) of the students, as detailed in the table below:Student no.

  • However, he remained liable for defective and incomplete work, for at the time of rescission the builder had claimed the dwelling was substantially complete as evidenced by the Form 21 Final Inspection Certificate.[63] The builder alleges that the owner was in breach of the Contract by not paying the Final Contract Instalment.

  • The obligation of the Lenders to make any Tranche (including the first Tranche) which is a Contract Instalment Tranche shall be subject to the condition that the Facility Agent, or its duly authorised representative, shall have received, on or prior to the day on which that Tranche is intended to be made, the documents and evidence specified in Part 2 of Schedule 3 in form and substance (including as to all commercial terms) satisfactory to the Facility Agent or (as the case may be) the Lenders.

Related to Contract Instalment

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Balloon Instalment has the meaning given in Clause 8.1;

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Total contract dollars means the final anticipated dollar value, including the dollar value of all options.

  • The Tenderer means the individual or firm supplying the Goods under this Contract.

  • Letter of Acceptance of Tender means letter giving intimation to the tenderer that his tender has been accepted in accordance with the provisions contained in that letter.

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • Contract Date means the date set for bid opening or, if this is a negotiated contract or a modification, the effective date of this contract or modification.

  • Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Contract Item or “Contract Items” means the list of items identified in Section

  • Vessel means the vessel/craft belonging to the Contractor for carrying out the work.

  • Fixed price contract means a contract that provides a price, for each

  • Builder means the general contractor.

  • Performance Bank Guarantee means the irrevocable unconditional bank guarantee to be submitted by the successful bidder as per the RfS.

  • Assessment instrument means the form provided for under the Supported Wage System that records the assessment of the productive capacity of the person to be employed under the Supported Wage System.

  • Contracted Vendors means all vendors who contract or who have contracted with the Owners pursuant to Bid No. 17-245 for Annual Supply - Power and Hand Tools.

  • Utilisation Date means the date of a Utilisation, being the date on which the relevant Loan is to be made.