Fee Installment definition
Examples of Fee Installment in a sentence
The Base Alternative Compensation Payment (henceforth referred to as the Base Payment) is the sum of the performance (observation) payment, Site Goal Payment, and PLC payment.
The severance benefit shall be payable in Termination Fee Installment Payments; that is, in equal monthly installments over the Applicable Severance Period (as defined in Section 6(b)) with the first payment due within five business days after the date of the Executive’s termination of employment.
MORPHO will issue its invoice for the Annual Fee Installment for each month on or about the first day of such month.
Notwithstanding the foregoing sentence, the Parties agree that the 2010 R&D Fee Installment shall be disbursed upon execution of this Agreement and shall be considered an R&D Disbursement for all purposes hereunder.
License Fees in excess of the applicable Quarterly Minimum License Fee Installment will be payable in respect of a particular calendar quarter only if and to the extent the aggregate amount of license fees accrued in respect of such quarter, together with the license fees accrued during all prior calendar quarters during the year in question, exceed the sum of the Quarterly Minimum License Fee Installment payable for such quarter and all such prior quarters in such year.
Any such Quarterly Minimum License Fee Installment that is so withheld as provided in clause (x) above will be payable by Reuters to TSI (without interest) promptly after TSI shall have cured any and all such material breaches or if the breach is not capable of such cure, TSI shall have taken remedial measures to substantially mitigate any adverse impact on the Reuters Parties of such breach to Reuters' reasonable satisfaction.
The severance benefit shall be payable in Termination Fee Installment Payments; that is, in equal monthly installments over the Applicable Severance Period (as defined in Section 11(b)) with the first payment due within five business days after the date of Executive’s termination of employment.
For the avoidance of doubt, the Customer acknowledges that it cannot commence Live Use of the Software until the third License Fee Installment has been paid to Triple G.
For the Sukuk Ijarah bought back by the Issuer for custody, the Issuer cannot vote in RUPSI and it shall not be calculated in the quorum of attendance in RUPSI and does not obtain the Ijarah Fee Installment.
Upon Tenant’s delivery to Landlord of the First Assignment Fee Installment, the Sublease Rent pursuant to Section 2(b) above and the Letter of Credit, Tenant will be entitled to a return of the Deposit (as defined in the Lease) by way of cancellation of the Security Deposit Letter of Credit originally delivered by Tenant to Landlord pursuant to the Lease.