Payment Periods definition
Examples of Payment Periods in a sentence
The initial Term of the Lease shall expire at the end of the number of Payment Periods, specified as "Term" in the Supplement, after the Rent Commencement Date.
Notwithstanding any other provision of this Section 8(a)(4) to the contrary, the Company shall not be obligated to make any payments hereunder for Payment Periods in excess of an aggregate of 548 days.
For ages, Guaranteed Payment Periods, payment frequencies and annualized effective interest rates not shown in these examples, income payment factors will be calculated on a basis consistent with the factors shown.
For modified ages, combinations of genders, Guaranteed Payment Periods, Annuity Payment Frequencies, and interest rates not shown in these tables, Annuity Payments will be calculated in a manner consistent with the values in these Annuity Tables.
Subject to the requirements of the Financing Agreements, the Borrower shall make equal installments of $[Payment Amount] to the Lender each [Payment Period] beginning on [First Payment Due Date]; and continuing each [Payment Period] thereafter for [Number of Payments] consecutive [Payment Periods] (each such date of payment, a “Repayment Date,” and the final Repayment Date, the “Maturity Date.”).
The initial Term for each Item begins on the date of your acceptance and ends alter completion of the above Total Number of Payment Periods The Term and payment obligations are not cancellable and may not be terminated except as stated in this Agreement.
Throughout the term hereof, the Licensor has the right to send its employees, or engage a registered accountant at its own cost, to audit the Licensee’s books and records, including without limitation the income statements of the Licensee for the Payment Periods.
The Authority intends that the Outreach Education service be reviewed after six (6) Payment Periods of operation, with the express intention of recalibrating the service to ensure it is operating as effectively and efficiently as possible.
If the Company fails to pay in full all accrued and unpaid interest at the conclusion of the 20 consecutive Interest Payment Periods, and such failure continues for 30 days, an Event of Default that gives rise to acceleration of principal and interest on the Notes will occur under this Indenture.
The Authority shall notify the Contractor, by giving not less than twelve (12) weeks notice ("Notification Period"), if it wishes to vary the Commissioned Volume Band for subsequent Payment Periods.