Last Installment definition

Last Installment means a payment totaling fifty (50) percent of the Settlement Amount, that is, eight million, two hundred, fifty thousand U.S. dollars ($8,250,000) in immediately available funds.
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Last Installment means the last installment in the amount equal to fifteen (15)% of the Initial Sublease Fee to be payable by the Sublessee to KMIC in accordance with the Installment Schedule.
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Examples of Last Installment in a sentence

  • From Scheme (from where you wish to transfer) To Scheme (to where you wish to transfer) Frequency (Please ) Scheme Scheme Weekly M M Y Y Y Y (1st business day of each week) Monthly* Plan Option Quarterly STP Date ( ) 3rd Option 10th 15th* 20th 25th (*Default Option) M M Y Y Y Y Period of Enrollment Transfer Amount No. of Installments From (1st Installment) Rs. Total Transfer (Rs.) To (Last Installment) Rs. (in words) >.

  • The amount of the installment payable on the Last Installment Date shall be equal to the balance of the principal sum then outstanding, together with all interest accrued thereon.

  • First 26 Installment of ₹ 9.32 lacs each and Last Installment of ₹ 7.62 lacs.

  • For the avoidance of doubt and by way of example, if Munich Re’s First Installment were to be paid on December 31, 2010, its Last Installment would be due twenty (20) days later, on January 20, 2011.

  • For the avoidance of doubt and by way of example, if, for example, Mutual Marine’s First Installment were to be paid on December 31, 2010, its Last Installment would be due twenty (20) days later, on January 20, 2011.

  • The Revised Forestry Code (PD 705) of the Philippines released mangroves and other swamps not needed for shore protection for fishpond purposes and placed under the Bureau of Fisheries and Aquatic Resources (BFAR).According to Kraft (1997), the FLA issuance is one of the “forerunners of contemporary government efforts to ‘privatize’ or ‘semi-privatize’ state owned assets.” Before 1972, many of the FLA areas were declared Alienable and Disposable and were sold and eventually titled (Hishmunda et al.

  • For the avoidance of doubt and by way of example, if the CNA Parties’ First Installment were to be paid on December 31, 2010, its Last Installment would be due twenty (20) days later, on January 20, 2011.

  • In addition, the Company promises to pay to the order of the Director a monthly service fee equal to one-twelfth (1/12) of one percent (1.0%) of the principal balance outstanding from time to time under this Note (the “Service Fee”), and such Service Fee shall be due and payable on the first day of each calendar month commencing on the first day of the second month after the first Escrow Funding Date and continuing each following month until and including the Last Installment Date.

  • NOTE 3 : RESERVES AND SURPLUS NOTE 4 : LONG TERM BORROWINGS Particulars Terms of Borrowing and other details Outstanding Balance as on31/03/2015 (`) Term Loan From Bank a)Repayble in monthly 60 equal installments, Last Installment falling due 31st March 2018, Interest Rate 16.40%.

  • In case of the foregoing, on the Last Installment Due Date, Sublessee shall pay to Developer the difference between the Adjusted Sublease Fee and the Sublease Fee actually paid by Sublessee to Developer prior to the Last Installment Due Date.

Related to Last Installment

  • 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 Date as defined in Section 2.12.

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

  • 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.

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

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

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

  • Installment as defined in Section 2.12.

  • 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).

  • Prepaid Installment With respect to any Mortgage Loan, any installment of principal thereof and interest thereon received prior to the scheduled due date for such installment, intended by the Mortgagor as an early payment thereof and not as a Prepayment with respect to such Mortgage Loan.

  • Payable in installments means that payment is required or permitted by agreement to be made in more than four periodic payments, excluding a down payment. If any periodic payment other than the down payment under an agreement requiring or permitting two or more periodic payments is more than twice the amount of any other periodic payment excluding the down payment, a transaction is “payable in installments”.

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

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • 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.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

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

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

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

  • Scheduled Principal Payment Date means, with respect to any Series, Class or Tranche of Notes, the scheduled due date of any payment of principal on such Notes, as specified in the related Indenture Supplement, or if such day is not a Business Day, the next following Business Day, unless such day is in the next calendar month, in which case such Scheduled Principal Payment Date, unless otherwise specified in the related Indenture Supplement, will be the last Business Day of the current calendar month.

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

  • Retail installment contract means an equipment retail installment contract or retail installment loan, including any consumer installment loan, secured by Financed Equipment.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Scheduled Principal Payment Amount means, for the Notes of any Series or Class, as applicable, on any Payment Date, the excess, if any, of (x) the then Outstanding Principal Balance of such Series or Class of Notes, as applicable, over (y) the Scheduled Targeted Principal Balance of such Series or Class, as applicable, for such Payment Date.