Future Payment definition
Examples of Future Payment in a sentence
Parent may instruct its transfer agent to stop the transfer of any shares of Parent Common Stock issued as part of the Initial Stock Consideration or as part of the Third Future Payment, if any, to provide for compliance with the provisions of this paragraph.
To the extent an Indemnified Party has provided a Claims Notice before a payment is due under Future Payment Note #3 and/or Section 1.9(c)(iv), and such Claims Notice is not resolved, Purchasers shall be permitted to withhold from such payment, and any subsequent payments, until such Claims Notice is resolved, a reasonable amount as a reserve to cover the potential indemnification obligations of Sellers, Company and Holdco with respect to such Claims Notice.
You may schedule a payment to be initiated on any future Business Day (a "Future Payment").
The Importance of Financial Analysis in Installment Agreements (IAs) in Minimizing Defaults and Preventing Future Payment Noncompliance, vol.
For example, if you enter a Future Payment that results in a Transmit Date of August 5th, and August 5th is a Saturday, then the Transmit Date for that Future Payment would be rescheduled on August 7th (provided that August 7th is a business day).