Instalment Option definition

Instalment Option means the provision of the Project Agreement whereby the Authority may elect to pay the termination sum payable upon termination of the Project Agreement in instalments.
Instalment Option means paying for your funeral plan by 12, 18, 36, 60, 84 or 120 equal monthly instalments.
Instalment Option means the method of payment of the Establishment Fees by instalment in accordance with the Terms Agreement.

Examples of Instalment Option in a sentence

  • If you have selected the Instalment Option your payments should be shown on the Payment Form.

  • In addition, graduates are able to offer advice and plan treatment programmes designed to reduce the incidence of injury.

  • Unless the Instalment Option or other payment arrangement has been agreed in writing, payment must be made in full at the time you place your order.

  • It has been assumed that the Establishment Fee is paid on Application and not by instalments pursuant to the Instalment Option.

  • The Instalment Option is a payment in advance until all of the instalments are received and is therefore not a regulated credit activity.

  • If the Responsible Entity provisionally approves an Instalment Option Application, the Responsible Entity will forward to you an agreement setting out the terms on which the Responsible Entity will allow the Establishment Fee to be satisfied by instalments (‘Terms Agreement’).

  • Further, Applications for the Instalment Option will be reviewed on an Application by Application basis.If you choose the Instalment Option, you must complete and return the Instalment Option Letter contained in this PDS at Section 12 together with the Application Form to the Responsible Entity.

  • A limit may be imposed by the Responsible Entity on the number of Applications that will be accepted under the Instalment Option.

  • Payments pursuant to the Instalment Option are paid by direct debit.

  • When you decide to place an order for the Plan with us by completing, signing and submitting the Application Form together with payment (either in full or pursuant to the Instalment Option), this is when you offer to buy the Plan from us.


More Definitions of Instalment Option

Instalment Option means paying for your funeral plan by 12, 18 or 24 equal interest free monthly instalments.
Instalment Option has the meaning given in Clause 43 (Definitions); Insurance Undertaking has the meaning given in the rules from time to time of the Financial Services Authority Intellectual Property Rights means any and all patents, trade marks, service marks, copyright, moral rights, rights in a design, know how, confidential information and all or any other intellectual or industrial property rights whether or not registered or capable of registration and whether subsisting in the United Kingdom or any other part of the world together with all or any goodwill relating or attached thereto; Irrecoverable VAT has the meaning given to it in Clause 33.10.5 (VAT); Issuer means Alpha Schools (Highland) Project plc a company incorporated in England and Wales with registered number 05516176 having its registered office at Xxxxxxx Xxxxx, Xxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxxxxx, XX00 0XX; Joint Insurance Account means an account in the joint names of the Authority and the Contractor to which shall be credited all insurance proceeds from any Physical Damage Insurance Policies; Judicial Review means judicial review under Chapter 58 of the Rules of the Court of Session or any statutory challenge or appeal against the Authority or the Scottish Executive which proceeds on principles similar to judicial review, which concerns the legality of any grant of planning permission.
Instalment Option means the provision of the Project Agreement whereby Leeds City Council may elect to pay the termination sum payable upon termination of the Project Agreement in instalments pursuant to clause 49.2 (Instalments) of the Project Agreement.

Related to Instalment Option

  • Instalment Date means each date (if any) specified as such opposite each Instalment Amount in the Issue Memorandum.

  • Instalment Amount has the meaning given to it in Condition 1.07 (Bearer Covered Bonds);

  • Instalment means with respect to each Mortgage Loan Agreement, each instalment due from the relevant Debtor thereunder and which consists of an Interest Instalment and a Principal Instalment.

  • Repayment Instalment means any instalment of the Loan to be repaid by the Borrower under Clause 5.1 (Repayment of Loan).

  • Investment Option means any of the guaranteed investments and variable investment funds available under the Plan.

  • Interest Option has the meaning given such term in Section 2.5(c).

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Over-Allotment Option means the option of the Underwriters to purchase up to an additional 15 per cent of the firm units (as described in the Articles) issued in the IPO at a price equal to US$10 per unit, less underwriting discounts and commissions.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • 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.

  • 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.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Director Option means an Option granted pursuant to Section 6.

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

  • Call Option Date As defined in Section 10.01(a) hereof.

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

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Installment Date as defined in Section 2.12.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Exercise Payment means the amount of money equal to the Exercise Price multiplied by the number of Optioned Shares specified in the Notice of Exercise;

  • Purchase Period means a period of time specified within an Offering, generally beginning on the Offering Date or on the first Trading Day following a Purchase Date, and ending on a Purchase Date. An Offering may consist of one or more Purchase Periods.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);