Fifth Instalment definition

Fifth Instalment means an amount:
Fifth Instalment means the fifth instalment of the Contract Price to be paid by the Guarantor to the Seller under the Building Contract in the amount of $8,773,000 upon the Vessel's delivery thereunder;
Fifth Instalment means the sum representing 60% of the estimate of costs provided by Activeworlds to ASCM under clause 8.3(2);

Examples of Fifth Instalment in a sentence

  • If the Protocol of Delivery and Acceptance of the Vessel shall not have been signed within ten (10) days of the deposit of the Fifth Instalment it, together with accrued interest (if any), shall be returned to Buyer unless otherwise agreed.

  • The Owner shall accept Redelivery immediately upon the completion of Commissioning at anchorage, and make payment of the Fifth Instalment and all other amounts then due to the Contractor from the Owner.

  • In the event that the ND Target Group can fulfil the revenue of HK$51,000,000 and the net profit of HK$23,000,000 in a financial year subsequent to the acquisition date and before the end of the Third Period, any amount of the Third Instalment, the Fourth Instalment and the Fifth Instalment which has been reduced by adjustment will become payable by the Company to the vendors in proportion to their shareholding in Empire Access.

  • The Deutsche Mark amount of the Fifth Instalment shall be calculated as the difference between the Interest Price less the Aggregate Value, and shall be transferred in OTI Shares in accordance with the provisions of Section 2.4 above.

  • So, Euro360,000.00 is payable upon signing of the Shipbuilding contract; Second Instalment : Upon laying of the keel; Third Instalment : Upon completion of the hull; Fourth Instalment : Upon delivery of the main engines to the Builder Fifth Instalment : Upon acceptance of delivery of the vessel by the Buyer, exworks Singapore.

  • In case the BUYER shall fail to take delivery of the VESSEL as provided in Paragraph 1 (c) of this Article, the BUYER shall be deemed to be in default of payment of the Fifth Instalment and shall pay interest thereon at the same rate as aforesaid from and including the day on which the VESSEL is duly tendered for delivery by the BUILDER.

  • The Deutsche Mark amount of the Fifth Instalment shall be calculated as the dxxxxrence between the Interest Price less the Aggregate Value, and shall be transferred in OTI Shares in accordance with the provisions of Section 2.4 above.

  • On 26 March 2004, the Group entered into a supplementary agreement with the purchaser of the Disposed Subsidiaries (the “Purchaser”), following which the fifth instalment of HK$230,000,000, instead of being satisfied by the Units, shall be satisfied by the Purchaser by two instalments of HK$140,000,000 and HK$90,000,000, namely the Revised Fifth Instalment and the Sixth Instalment, respectively, in cash.

  • The Secured Amount xxxxx xx xxxxx from the xxxxxx of the Fifth Instalment or the last Instalment effected in the year 2000.

  • CID Report for 8 and 9 March, 1947, in File 137, Delhi Police Records, Fifth Instalment, NMML.44.

Related to Fifth 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 specified as such in the Final Terms.

  • Instalment Amount means, in respect of a Note and an Instalment Date, an amount determined by the Calculation Agent equal to the amount specified as such in the applicable Issue Terms or the amount determined in accordance with the formula or method for determining such amount specified therein.

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

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • 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).

  • Home improvement installment contract or "contract" means an agreement covering a home improvement installment sale, whether contained in 1 or more documents, together with any accompanying promissory note or other evidence of indebtedness, pursuant to which the buyer promises to pay in installments all or any part of the time sale price or prices of goods and services, or services. It does not include such an agreement:

  • 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”.

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

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

  • Term Advance has the meaning specified in Section 2.01(a).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Tranche B Note means a promissory note of the Borrower payable to any Tranche B Lender and its registered assigns, delivered pursuant to a request made under Section 2.16 in substantially the form of Exhibit A-3 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Tranche B Loans made by such Lender to the Borrower.

  • Facility C means the term loan facility made available under this Agreement as described in paragraph (c) of Clause 2.1 (Facilities).

  • Drawdown means any principal amount borrowed or to be borrowed (by any means) under the provisions hereof.

  • Loan Advance The meaning specified in Section 2.2(a).

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

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Drawdown Period means, in relation to an Advance, the period commencing on the date of this Agreement and ending on the relevant Termination Date or the period ending on such earlier date (if any) on which (a) the aggregate amount of all Advances is equal to the Commitment or (b) the Commitment is reduced to zero pursuant to clauses 4.3, 10.2 or 12 or (c) Delivery of the Ship relevant to such Advance occurs;

  • Balloon means a non-power-driven lighter-than-air aircraft;

  • Bill Due Date means thirty (30) calendar days from the bill date.