Fifth Instalment definition

Fifth Instalment means an amount:
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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;
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Fifth Instalment means the sum representing 60% of the estimate of costs provided by Activeworlds to ASCM under clause 8.3(2);
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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.

  • It is understood by the parties that (i) upon complete payment of any Instalment as defined by the Sale and Purchase Agreement, Shares corresponding as closely as possible to 20% of the Shares will be released and (ii) upon payment of the Fifth Instalment or a Sixth Instalment, if any, the Shares will be released.

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

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

  • Sixth Instalment Maximum Consideration × (Profit Before Tax for the thirty-six month period ending 31 December 2019) ÷ RMB58,000,000 – the First Instalment – the Second Instalment – the Third Instalment – the Fourth Instalment – the Fifth Instalment The Company shall pay the Sixth Instalment to the Vendors in proportion to their respective Sale Shares within 60 Business Days after 31 December 2019.

  • In the Report and Recommendations Made by the Panel of Commissioners Concerning the Fifth Instalment of “E3” Claims (the “Fifth Report”, S/AC.26/1999/2), this Panel adopted the presumption that for contracts performed in Iraq, the other contracting party was an Iraqi Government entity.

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

  • 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).

  • 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”.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • 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 has the meaning specified in Section 2.01(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.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by 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 a drawdown of a Facility.

  • 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 the period commencing on the Execution Date and ending on the earlier of (i) 30 April 2012 and (ii) any date on which the Commitment is finally cancelled or fully drawn under the terms of this Agreement;

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