Interim Payment definition

Interim Payment has the meaning specified in Section 10.1.

Interim Payment means, with respect to each Loan, an amount equal to the initial Loan Amount multiplied by the percentage equal to the product of (i) the quotient derived from dividing the initial Loan Factor with respect to such Loan by 30, and (ii) the number of days from (and including) the Funding Date of such Loan to (but not including) the first Payment Date with respect to such Loan.

Interim Payment means any payment of the Implementation Charges made by the Purchaser to the Contractor other than the final payment scheduled under the Contract.

Examples of Interim Payment in a sentence

• The Engineer shall then certify in accordance with sub-clause 14.6 [Issue of Interim Payment Certificates].

• However if, following discussions between the Engineer and the Contractor and any changes to the draft final statement which are agreed, it becomes evident that a dispute exists, the Engineer shall deliver to the Employer (with a copy to the Contractor) an Interim Payment Certificate for the agreed parts of the draft final statement.

• Thereafter, the Engineer shall, within 28 days after receiving a Statement and supporting documents, issue to the Employer an Interim Payment Certificate which shall state the amount which the Engineer determines to be due in accordance with the Contract, with supporting particulars.

• However, prior to issuing a Taking-Over Certificate for the Works, the Engineer shall not be bound to issue an Interim Payment Certificate in an amount which would (after any deductions) be less than the minimum amount of Interim Payment Certificates (if any) stated in the Appendix to Tender.

• The Engineer shall issue an Interim Payment Certificate for the Advance Payment after receiving a Statement (under Sub-Clause 14.3 [Application for Interim Payment Certificates]) and after the Employer receives the Advance Payment Bond for the value of the Advance Payment.

More Definitions of Interim Payment

Interim Payment shall have the meaning set forth in section 2.2(c) hereof.

Interim Payment means the interim reimbursement rates to Contracting Clinics as established 11 in Paragraph VI of Exhibit B to the Agreement for services provided in accordance with the Agreement.

Interim Payment for any Royalty Calculation Year, an amount equal to eighty percent (80%) of the Royalty Payment for such Royalty Calculation Year, as estimated in good faith by WSI on the basis of the best information reasonably available thirty (30) calendar days after the end of such Royalty Calculation Year;

Interim Payment. An Interim Payment will accrue from the date each Loan Term commences until the next following first day of a month (unless the Loan Term commences on the first day of a month). The Interim Payment will be calculated at the daily equivalent of the currently adjusted Monthly Payment.

Interim Payment means the payment in respect of the period from each Drawdown Date (where the Drawdown Date is not the first day of a calendar month) to the First Monthly Repayment Date being the amount of interest accruing at the Applicable Interest Rate on the amount drawn down for the period from the and including the Drawdown Date to First Monthly Repayment Date;

Interim Payment means a payment to be made by Federated to Alliance with respect to all Interim Period Transferred Assets transferred to a Surviving Fund (or, in the case of Insured Account assets, as contemplated in this Agreement) during any calendar month during which there is an Interim Transfer Date, which payment shall equal the product of (a) an amount equal to the quotient of (i) Interim Period Transferred Assets transferred to a Surviving Fund (or, in the case of Insured Account assets, as contemplated in this Agreement) since the First Closing Date (in the case of the first Interim Payment) or the last Interim Transfer Date (in the case of all subsequent Interim Payments), divided by (ii) Total Alliance Fund Assets, multiplied by (b) twenty five million dollars ($25,000,000).

Interim Payment means any payments made towards the cost of the Trip between the Deposit Payment and the Balance payment