Initial Installment Payment definition

Initial Installment Payment means the payment of 50% of the amount of the Accepted Claim payable by Coalspur in cash on the Initial Distribution Date to a General Unsecured Creditor who has made an Installment Distribution Election;
View Source
Initial Installment Payment is applicable only if Student chooses and is accepted by VSA to pay VSA Course tuition in financed installments and means a fee in the amount specified on Exhibit A hereto, which must be timely paid in order to facilitate access to the VSA Course as described in Section 2 below.
View Source
Initial Installment Payment means an amount equal to fifty percent (50%) of the Initial Gross Profits Amount; (x) "Final Installment Payment" shall mean an amount equal to fifty percent (50%) of the Final Gross Profits Amount; (xi) "Service Revenues Earned" shall mean the fees earned for provision of the following services ("Services"): bill ▇▇▇it, DRG audit, credit balance review, outpatient review, trauma review, infusion therapy audit, focus audit, consulting services and new services for which Shareholder has direct management responsibility during the term of her employment with Purchaser in accordance with the agreement attached hereto as Exhibit 5.11, net of any write-offs required due to client adjustment to billed amounts; and (xii) "Direct Cost of Providing Services" shall mean salaries, benefits and payroll taxes related to the auditors and preppers employed by Purchaser, fees paid to contract auditors or preppers in connection with Services, travel and automobile allowances for all auditors and preppers and any other cost of supplies, or copies directly relating to the provision of Services.
View Source

Examples of Initial Installment Payment in a sentence

  • Failure to pay the Initial Installment Payment by the due date will result in the removal of the student from the DTC course.

  • In consideration for and subject to Student’s timely payment of the Registration Fee and Student’s continued advanced payment thereafter of the Initial Installment Payment (if applicable) and the full Tuition Balance – either in full or via mutually-agreed financing terms – VSA will provide Student access to the VSA Course during the Enrollment Period according to the terms and conditions provided herein.

  • In consideration of the services provided by WP under Sections 1 and 2 of this Management Agreement and the mutual promises otherwise contained herein, the City agrees to pay to WP, within 30 days of receipt, the amount of such Initial Installment Payment (as defined in Recital Clause I) actually received by City.

  • The City shall notify WP in writing within five business days after the City’s receipt of each Initial Installment Payment.

  • If Student chooses to pay tuition in installments via VSA or Climb Credit, the Initial Installment Payment is due no later than four (4) weeks prior to the In-Person Track Registration Deadline.

  • Either the full Tuition Balance in the amount of Five Thousand Four Hundred Fifty Six Dollars ($5,456) or the Initial Installment Payment (if student is financing tuition) is due no later than four (4) weeks prior to the date on which the student chooses to begin the online- only portion of the DTC or the In-Person Track Registration Deadline, whichever is earlier.

  • Interest on Capitalized Interest shall commence accruing at the WIFIA Interest Rate on the date such Capitalized Interest is added to the unpaid Principal Components of the Installment Payments during the Capitalized Interest Period pursuant to this Section 8(c) (and the corresponding Section 4.4(c) (Installment Payments – Initial Installment Payment Schedule; Adjustments to Installment Payment Schedule) of the ISA).

  • To exercise and make effective any option, the Owner shall, prior to the expiration of the then current Option Validity Date set forth on Exhibit A, deliver to the Builder (i) a written notice of the Owner’s exercise of the option at the address set forth in Article 21.1 specifying the number of Option Vessel(s) so ordered, and (ii) if required, pay to the Builder in immediately available funds the applicable Initial Installment Payment indicated on Exhibit Q for each such Option Vessel.

  • Either the full Tuition Balance in the amount of Five Thousand Four Hundred Fifty Five Dollars ($5,455) or the Initial Installment Payment (if student is financing tuition) is due no later than four (4) weeks prior to the Course Start Date.

  • Preliminary Closing Payment; Net Working Capital Adjustment; Initial Installment Payment; Final Installment Payment..............................................