Delivery Date Instalment definition

Delivery Date Instalment means the amount due and payable by the Borrower to the Builder under the Newbuilding Contract on the Delivery Date.
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Delivery Date Instalment means, in respect of a Vessel, the amount due and payable by the relevant Owner in accordance with the Shipbuilding Contract relating to that Vessel on or one (1) Business Day prior to the relevant Delivery Date under that Shipbuilding Contract.
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Delivery Date Instalment means, in respect of a Vessel, the amount due and payable by the Borrower in accordance with the relevant Shipbuilding Contract and to be deposited at a bank designated by the relevant Builder on or three (3) Business Days prior to the relevant Delivery Date under that Shipbuilding Contract. Dollars or US$ means the lawful currency for the time being of the United States of America. Earnings means, in respect of a Vessel, all present and future moneys and claims which are earned by or become payable to or for the account of the Borrower in connection with the operation or ownership of that Vessel and including but not limited to:
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Examples of Delivery Date Instalment in a sentence

  • Immediately following the date of a Drawing in respect of a Delivery Date Instalment the Borrower shall provide to the Facility Agent all documents and evidence set out in Schedule 3 (Conditions Subsequent to Delivery Date Instalment) in form and substance satisfactory to the Facility Agent.

  • A Drawing representing the amount of a Delivery Date Instalment may not occur until the Facility Agent has notified the Borrower and the Lenders that it has received all of the documents and evidence set out in Part 2 of Schedule 2 (Delivery Date Conditions Precedent Documents) in form and substance satisfactory to the Facility Agent or that it expects to receive outstanding documents or evidence on or before the relevant Delivery Date.

  • If the Borrower has made a Request in respect of a Delivery Date Instalment, the Borrower will not sign a Protocol of Delivery and Acceptance in respect of the Vessel to which the Request relates unless the Facility Agent has confirmed that the conditions precedent referred to in Clause 3.1(a) or Clause 3.1(b) (as applicable) above have been or will, simultaneously with such signing, be satisfied.

  • A Drawing under a Loan (other than in respect of a Delivery Date Instalment) may not occur until the Facility Agent has notified the Borrower and the Lenders that it has received all of the documents and evidence set out in Part 1 of Schedule 2 (Initial Conditions Precedent Documents) in form and substance satisfactory to the Facility Agent or that it expects to receive outstanding documents or evidence on or before the date of the relevant Drawing.


More Definitions of Delivery Date Instalment

Delivery Date Instalment means, in respect of a Vessel, the amount due and payable by the Borrower in accordance with the relevant Shipbuilding Contract and to be deposited at a bank designated by the relevant Builder on or at least three (3) Business Days prior to the relevant Delivery Date under that Shipbuilding Contract. Dollars or US$ means the lawful currency for the time being of the United States of America. Drawing means, in respect of any Loan under the Facility, the amount of each advance made by the Lenders.
Sample 1
Delivery Date Instalment means, in respect of a Vessel, the amount due and payable by the Borrower in accordance with the relevant Shipbuilding Contract and to be deposited at a bank designated by the Builder on or at least three (3) Business Days prior to the relevant Delivery Date under that Shipbuilding Contract. Dollars or US$ means the lawful currency for the time being of the United States of America. Drawing means, in respect of a Loan under the Facility, the amount of an advance made by the Lenders. Earnings means, in respect of a Vessel, all present and future moneys and claims which are earned by or become payable to or for the account of the Borrower in connection with the operation or ownership of that Vessel and including but not limited to:
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Delivery Date Instalment means the amount due and payable by the Borrower in accordance with the Schedule of Payments to the Memorandum of Agreement three banking days prior to the Delivery Date.
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Related to Delivery Date Instalment

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

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

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

  • Balloon Instalment has the meaning given in Clause 8.1;

  • 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.

  • First Delivery Date means the first date by which the commodity for a Futures Contract can be delivered in order for the terms of the Futures Contract to be fulfilled.

  • Delivery Date means the date or dates specified in the Purchase Order by which the Supplier is required to deliver the Work.

  • Settlement Price Date means the Valuation Date. "Valuation Date" means the Redemption Valuation Date.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Delivery Date(s) means the date or dates requested for delivery of Products as set forth in any Order.

  • Scheduled Delivery Date means the Date on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA;

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

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

  • Purchase Price Credit has the meaning set forth in Section 1.3 of the Agreement.

  • Purchase Price Date means the date the Purchase Price is delivered by Lender to Borrower.

  • Final Completion Date means the date on which Final Completion occurs.

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • 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.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.