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.
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Instalment Option means the method of payment of the Establishment Fees by instalment in accordance with the Terms Agreement.
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Instalment Option means paying for your funeral plan by 12, 18, 36, 60, 84 or 120 equal monthly instalments.
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Examples of Instalment Option in a sentence

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

  • Details of the specific due date and instalment dates are as follows:- Two Instalment Option Plan: Due Date/First Instalment15th September 2020Second Instalment17th November 2020 Four Instalment Option Plan: Due Date/First Instalment15th September 2020Second Instalment17th November 2020Third Instalment19th January 2021Fourth Instalment23rd March 2021 An interest rate of 2% per annum and an administration fee of $10.00 will apply to the second, third and fourth instalments.

  • Application No.: as per details below: From Scheme / Plan / Option To Scheme / Plan / Option Options (Please () appropriate box)Flexible Instalment Option Fixed Instalment Option Cheque / DD is subject to realisationINSTRUCTIONS FOR FILLING APPLICATION FORMMirae Asset Trigger Investment Plan (TRIP)6.

  • If such an election is not made, the Bond Financial Guarantees and the Loan Financial Guarantees will terminate 10 Business Days following Trust notice (or, if earlier, upon notice of termination) at the same time as the Instalment Option is exercised provided that the Financial Guarantors will have been reimbursed for all historic amounts due to them by that date.

  • Request and Authority to Debit Member Name: Member Number Instalment Option (please tick): Quarterly Half-Yearly Date / _ / _ I request and authorise Royal South Yarra Lawn Tennis Club to arrange, through its own financial institution, a debit to my nominated account or credit card as per the details below.

  • This is to reflect the administrative cost to Council.7. Instalment Option Interest LevyThe Local Government Act 6.45 (3) provides that Council may impose an additional charge (including an amount by way of interest) where payment of a rate or service charge is made by instalments.

  • If the Trust exercises the Instalment Option (as described in the section entitled “Description of the Project Documents — The Project Agreement” below), the Loan Financial Guarantees and the Bond Financial Guarantees shall terminate as described below unless the Financial Guarantors elect to not terminate within 10 Business Days of the Trust giving the Financial Guarantors initial notice of their intention to exercise the Instalment Option.

  • Payment in Instalments (requires a UK Guarantor) Instalment Option: August: 10% of total rent (or before Tenancy Agreement start date) September: 30% of total rent January: 30% of total rent April: 30% of total rent Option 2 – 10 instalments, usually monthly, in advance of each month.

  • Details of the specific due date and instalment dates are as follows:- Two Instalment Option Plan: • Due Date/First Instalment 6th October 2017• Second Instalment 7th February 2018Four Instalment Option Plan: • Due Date/First Instalment 6th October 2017• Second Instalment 7th December 2017• Third Instalment 7th February 2018• Fourth Instalment 10th April 20184.

  • Instalment Option Interest LevyThe Local Government Act 6.45 (3) provides that Council may impose an additional charge (including an amount by way of interest) where payment of a rate or service charge is made by instalments.


More Definitions of Instalment Option

Instalment Option means paying for your funeral plan by 12, 18 or 24 equal interest free monthly instalments.
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Instalment Option has the meaning given in Clause 43 (Definitions); Irrecoverable VAT has the meaning given to it in Clause 33.10.5 (VAT);
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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.
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Related to Instalment Option

  • Instalment Date means each date specified as such in the Final Terms.

  • 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 means LIBOR or the Reference Rate.

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • 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.

  • Parent Option means any option to purchase Parent Common Stock which was granted pursuant to a Parent Option Plan.