Examples of Final Installment in a sentence
The Final Installment shall be payable within 30 days after Landlord’s receipt of the annual financial statements and other reports required to be delivered to Landlord pursuant to Section 17.2(b) for such Fiscal Year.
The Final Installment shall be deposited with the Builder’s Bank by telegraphic transfer remittance at least three (3) Business Days prior to the scheduled Delivery of the Vessel notified by the Builder, with instructions that the said installment is payable to the Builder against presentation by the Builder to the Builder’s Bank of a duplicate original copy of the Protocol of Delivery and Acceptance of the Vessel signed by the Builder and the Buyer.
In addition, after the Final Installment Date, any Debentures not converted may be redeemed by Fortis at a price equal to their principal amount plus unpaid interest accrued prior to the Final Installment Date.
Prior to the Final Installment Date, the Debentures are represented by Installment Receipts.
Provided NCC is satisfied with the Supporting Documentation it shall pay the Final Installment in the amount of [final installment amount] (being 15% of the total amount) and may transfer such payment directly to the account of the Land Trust.