Initial Sum definition

Initial Sum is the original sum specified in this Deed; and
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Initial Sum means the amount specified in the Schedule;
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Initial Sum the initial sum settled upon the Custodian Trustee by the Settlor to establish the SIMAID Fund
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Examples of Initial Sum in a sentence

  • When the Initial Sum is paid Stagecoach will surrender their rights as set out above.

  • Stagecoach will use Initial Sum to repay a loan made by L&G and to also build a new bus depot.

  • It is likely that the Initial Sum will be paid in January 2012 when NBC receive grant funding from WNDC but no later than 30th March 2012.

  • The Trustee hereby acknowledges receipt of the Initial Sum to constitute the Fund.

  • The Initial Sum, Fitting-Out Deposit and Electricity Deposit shall be adjusted in accordance with Clause 2.2.2 of this Lease based on S$ <Value> per square metre per month.

  • Cost of Service We always work on a Client Fees basis; and our Service Charges are calculated as follows:  Hourly Rate@ £55 per Hour subject to an Initial Minimum of £220  Valuation Rate @ 1% of the Initial Sum subject to a Minimum of £220 at outset only, We offer an Initial Consultation without any charge or further obligation; and thereafter will agree our costs with you before completing any chargeable work on your behalf.


More Definitions of Initial Sum

Initial Sum means the sum of $1.00 paid to the Trustee by the Settlor on or before the Commencement Date;
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Initial Sum means the sum of $10.00paid to the Trusteeby the Settloron or before
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Initial Sum means the amount of $20 paid or to be paid by the Church to the Trustee upon or before the execution of this Deed to constitute the Trust.
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Initial Sum means the amount of $10.00.
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Initial Sum means the amount described as such in paragraph 1 of schedule 7;
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Initial Sum the sum payable under clause 8.5 "Know-how" the chemicals and the oral and written instructions, diagrams and similar information relevant to the use of the Plant, its controlling apparatus and in order to manufacture and use of the System
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Related to Initial Sum

  • Principal Sum means the Maximum Benefit.

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • Initial Advance means the first Advance made pursuant to Article II.

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

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Provisional Sum means a sum (if any) which is specified in the Contract as a provisional sum, for the execution of any part of the Works or for the supply of Plant, Materials or services under Sub-Clause 13.5 [Provisional Sums].

  • Initial Sale is defined in the recitals of this Agreement.

  • Final Payment is a payment (in addition to and not a substitution for the regular monthly payments of principal plus accrued interest) due on the earliest to occur of (a) the Maturity Date, or (b) the acceleration of any Term Loan, or (c) the prepayment of a Term Loan pursuant to Section 2.2(c) or (d), equal to the original principal amount of such Term Loan multiplied by the Final Payment Percentage, payable to Lenders in accordance with their respective Pro Rata Shares.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Disbursement Date is defined in Section 2.6.2.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

  • Interest Drawing has the meaning assigned to such term in Section 3.6(a).

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Lender Expenses are all audit fees and expenses, costs, and expenses (including reasonable attorneys’ fees and expenses) for preparing, amending, negotiating, administering, defending and enforcing the Loan Documents (including, without limitation, those incurred in connection with appeals or Insolvency Proceedings) or otherwise incurred with respect to Borrower.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Additional Payment is as defined in Section 6 of the Agreement.

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

  • Default Loan shall have the meaning provided in Section 5.2(b)(1).

  • Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender.

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

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.