First Installment definition

First Installment has the meaning set forth in Section 7.1.

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First Installment means the amount to be paid at the First Installment Payment Date as determined by Section 2.02(d).

First Installment shall have the meaning specified in Section 3.1(b).

Examples of First Installment in a sentence

• The Installment Due Date for the first monthly installment payment under Section 3(d) of interest only or principal and interest, as applicable, will be the First Installment Due Date set forth in Section 1(a) of this Note.

• The Installment Due Date for the first monthly installment payment under Section 3(d) of interest-only or principal and interest, as applicable, will be the First Installment Due Date set forth in Section 1(a) of this Note.

• On or before the date of payment of the First Installment, Seller shall provide Agent with a certificate of insurance evidencing Seller’s insurance coverage and naming Buyer as an additional insured and loss payee.

• An undertaking or statement from the Land Trust or Land Trust’s legal representative that First Installment funds will be held solely for the purposes of completing the acquisition of the Property interest described in the Project, and that First Installment Funds will be returned to WHC in the event that the acquisition of the Property interest cannot be completed for any reason whatsoever.

• Upon completion of the First Installment of the Winning Bid payment, the third party auction service provider will issue an authorization code to the winning registrant.

More Definitions of First Installment

First Installment shall have the meaning given in Section 2.02(a)(i).

First Installment has the meaning set forth in Section 2(c)(ii). ***

First Installment shall have the meaning set forth in Section 1.4(a)(i).

First Installment means a payment totaling fifty (50) percent of the Settlement Amount, that is, four million, one hundred six thousand, four hundred dollars ($4,106,400.00).

First Installment has the meaning set forth in Section 5.

First Installment means (i) zero percent (0%) of this option if the Initial Vesting Date occurs before the first anniversary of the Reference Date, (ii) twenty percent (20%) of this option if the Initial Vesting Date occurs on or after the first anniversary of the Reference Date but before the second anniversary of the Reference Date, (iii) forty percent (40%) of this option if the Initial Vesting Date occurs on or after the second anniversary of the Reference Date but before the third anniversary of the Reference Date, (iv) sixty percent (60%) of this option if the Initial Vesting Date occurs on or after the third anniversary of the Reference Date but before the fourth anniversary of the Reference Date, (v) eighty percent (80%) of this option if the Initial Vesting Date occurs on or after the fourth anniversary of the Reference Date but before the fifth anniversary of the Reference Date, or (vi) one hundred percent (100%) of this option if the Initial Vesting Date occurs on or after the fifth anniversary of the Reference Date;

First Installment has the meaning set forth in Section 9(c)(i).