Initial Down Payment definition

Initial Down Payment means an amount equal to $100,000,000.
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Initial Down Payment means the payment made by Buyer pursuant to Section 4.3.1.
Sample 1
Initial Down Payment means Two Hundred Fifty Thousand -------------------- and No/100 Dollars ($250,000.00) to be paid to Escrow Agent.
Sample 1

Examples of Initial Down Payment in a sentence

  • The "REPURCHASE PRICE" for an Ineligible Account (a "REPURCHASED ACCOUNT") shall be equal to (i) the sum of the Initial Down Payment for such Account plus the amount of Purchaser's discount fees for such Account accrued through the date of Provider's repurchase of such Account, less (ii) any amount collected by the Purchaser with respect to such Ineligible Account.

  • Purchaser shall pay to the Provider the Initial Down Payment for the applicable Purchased Accounts on the Weekly Closing Date, less the Purchaser's minimum discount fee.

  • Buyer agrees to pay by certified check, bank treasurer’s check, or other check satisfactory to Seller, or by wire transfer to Seller, A) a deposit equal to 10% of the accepted bid price minus the Initial Down Payment (with the Initial Down Payment, the “Deposit”), within five days from this date, and B) the balance of the accepted bid price, within forty-five days from this date.

  • Tenant understands that occupancy dates are not reserved or confirmed until Licensor receives the Initial Down Payment.

  • Unless otherwise agreed by Licensor, the Initial Down Payment shall be paid via Visa, MasterCard, Debit card (“Major Credit Card”) or Amex.

  • Feedback received in the public consultation indicates that market participants welcome the reference to a joint assessment process, but also that they would like the outcome of this assessment to be binding to all supervisors.

  • If, upon a material condemnation or casualty prior to the end of the Review Period, Purchaser elects to terminate this Agreement, the Initial Down Payment shall be returned to Purchaser by the Seller, in which event this Agreement shall, without further action of the parties, become null and void and neither party shall have any further rights or obligations under this Agreement.

  • If Purchaser fails to timely terminate this Agreement in accordance with Section 10.A. hereof, and fails to timely deposit the Final Down Payment, Purchaser shall be in default, Seller may retain the Initial Down Payment and the Interim Down Payment, as Seller's sole remedy, and this Agreement shall automatically terminate.

  • Purchaser shall, within one (1) business day from the date of this Agreement, deliver to Seller the sum of One Hundred Thousand and No/100 Dollars ($100,000.00) (the "Initial Down Payment").

  • The Initial Down Payment and the Interim Down Payment and, if delivered to Seller or required to be delivered to Seller, the Final Down Payment, together with interest on such payments at the rate per annum equal to 5.5%, are collectively referred to as the "Down Payment".


More Definitions of Initial Down Payment

Initial Down Payment has the meaning ascribed to it in Section 4.2.1.
Sample 1

Related to Initial Down Payment

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Completion Payment means the payment for the 20% of the Charges for each Apprenticeship that under the ESFA Rules is only paid once an Apprentice takes their end point assessment, including as the case may be Apprenticeships funded by Transferred Levy Funds;

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Delta Payment means as it is described in this Agreement.

  • Initial Trip Payment means the first payment made to the Insured’s Travel Supplier toward the cost of the Insured’s Trip.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Initial Fee means any applicable one-off initial or installation fee, as may be stated in an Order;

  • Introduction Fee means the fee payable by the Client to the Agency for an Introduction resulting in an Engagement;

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • L/C Fee Payment Date the last day of each March, June, September and December and the last day of the Revolving Credit Commitment Period.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Additional Payment has the meaning given in clause 11.1 (Right to repay the Facility early).

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Initial Amount means, with respect to the Proposition 1A Receivable, the amount of property tax revenue reallocated away from the Seller pursuant to the provisions of Section 100.06 of the Revenue and Taxation Code, as certified by the County Auditor pursuant to the Act.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Interim Payment has the meaning specified in Section 10.1.

  • Initial Notional Amount With respect to any Class or Subclass of Interest Only Certificates, the amount initially used as the principal basis for the calculation of any interest payment amount, as more specifically defined in the Series Supplement.

  • Disbursement Date is defined in Section 2.6.2.

  • Upfront Payment has the meaning set forth in Section 4.1.