Initial Installment Payment definition

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.
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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;
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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 xxxit, 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.
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Examples of Initial Installment Payment in a sentence

  • General Unsecured Creditors with Accepted Claims as of the Initial Distribution Date who have made the Installment Distribution Election, shall receive a distribution from the General Unsecured Creditor Cash Fund in the amount of the Initial Installment Payment in accordance with Section 5.2 of this Plan.

  • 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.

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

  • First, the era was characterized by financial euphoria.135 A technological revolution occurred that altered means and methods of doing business and of many forms of human activity.

  • 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.

  • 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).

  • The sixth and final payment of thirty-five thousand dollars ($35,000) is due four hundred and fifty (450) calendar days after the Initial Installment Payment Deadline (Maturity Date).

  • The Initial Installment Payment in the amount of Three-Hundred and Twenty-Five Dollars ($325) is due within thirty (30) days of the Effective Date.

  • So I commend Pam Scott of the Clerk’s office for her work in this.

  • The County will take such action as is necessary to ensure that the proceeds of the Series 2022 Bonds and Initial Installment Payment are applied solely to pay the costs of the 2022 Project and will take such action as is necessary to assure that the 2022 Project is completed.

Related to Initial Installment Payment

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Installment Date as defined in Section 2.12.

  • Installment Due Date means, for any monthly installment of interest-only or principal and interest, the date on which such monthly installment is due and payable pursuant to Section 3 of this Note.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Installment buyer or "buyer" means a person that buys, hires, or leases a motor vehicle for personal, family, or household use, and not for commercial, business, or agricultural use, under an installment sale contract or a legal successor in interest to that person.

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

  • Retail installment sale means every sale of one or more motor vehicles to a buyer for his use and

  • Installment seller or "seller" means a person engaged in the business of selling, offering for sale, hiring, or leasing motor vehicles under installment sale contracts or a legal successor in interest to that person. As used in this subdivision, "business" does not include an isolated sale.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Individual Settlement Payment means the amount payable from the Net

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

  • Installment as defined in Section 2.12.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.