Examples of Down Payment Date in a sentence
Subject to Section 2.1.1, Supplier shall commence performance of its obligations under this Agreement on the Down Payment Date.
If Purchaser fails to deliver to Supplier the Down Payment on or before the Down Payment Date, then Purchaser’s right to purchase and Supplier’s obligation to sell and Deliver the Supply Items and related Services shall terminate at the option of Supplier and be of no further force or effect, provided that Supplier shall first give Purchaser five (5) days written notice to afford Purchaser the opportunity to correct its performance.
The Purchase Price shall bear interest at a rate of six per cent (6%) p.a. as from and including the Economic Transfer Date until and including the Closing Date ("PURCHASE PRICE INTEREST"), provided, however, that in case of a Down Payment in accordance with Section 4.3a, the amount subject to interest pursuant to this Section shall be, as from the Down Payment Date, reduced to the Purchase Price minus the Down Payment.
Subject to Section 2.1.1. Supplier shall commence performance of its obligations under this Agreement on the Down Payment Date.
The representations, warranties, and covenants contained in Articles 10 and 11 and elsewhere in this Agreement shall be true and correct as of the Down Payment Date and as of each Installment Payment Date.
The Debtor agrees to repay the Debt to the Creditor according to the following payment plan: - Initial Payment: A down payment of $[Down Payment Amount] to be paid on [Down Payment Date].
Any costs or loss and/or damage related to this will not be compensated for by The Greenery.
Each such written Draw Down Request shall specify (a) the aggregate principal amount of the requested Draw Down, (b) the applicable Original Issue Discount, (c) the net amount payable, (d) the funding date of the requested Draw Down (the "Draw Down Payment Date"), and (e) wire transfer information for the bank account or accounts which the funds are to be disbursed.
Draw Down Notional Amount: An amount specified by Party B to Party A upon five Scheduled Trading Days' notice prior to the Draw Down Payment Date; provided that the aggregate amount of all Draw Down Notional Amounts (the "AGGREGATE DRAW DOWN NOTIONAL AMOUNT") specified by Party B from time to time shall not exceed 75% of the Forward Price.
In addition to all other payment amounts set forth in Section 2.3 of the Agreement and the payment made to Landlord in connection with the First Amendment, Tenant shall be obligated to pay to Landlord the amount of $50,000 (the “Extension Fee”) as consideration for Landlord’s agreement to the extension of the Outside Down Payment Date and forbearance from exercising remedies in relation to the previous failure to pay the Down Payment against the Tenant Parties that are executing this Amendment.