Progress Payment Agreement definition

Progress Payment Agreement means any agreement that is entered into by and between Parent or any Subsidiary and any commercial or investment bank, commercial lending company or finance company providing for progress payments or similar payments with respect to equipment to be leased by Parent or such Subsidiary.
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Progress Payment Agreement an agreement substantially in the form of Exhibit D, as amended, supplemented or otherwise modified from time to time, which may be executed as to any one, more or all items of Equipment pursuant to Section 3(a) of the Lease.
Sample 1

Examples of Progress Payment Agreement in a sentence

  • The Progress Payment Certificate references the Master Lease, Schedule and Progress Payment Agreement, but it does not incorporate any of those documents.Upon execution of the Progress Payment Certificate, Taxpayers fund the progress payment, and the lessee's obligation to make interim payments commences.All of the foregoing documentation requires the signature of the lessee.

  • The Progress Payment Agreement contains a promise to pay interim rental payments, as set forthin the Schedule.

  • The Acceptance Certificate references the Master Lease, but it is not incorporated into the Master Lease, nor does it incorporate the Master Lease by reference.When a vendor desires progress payments in advance of the delivery of the equipment, Taxpayer and the lessee execute a Progress Payment Agreement.

  • Pursuant to paragraph five of the Progress Payment Agreement, the lessee's obligation to pay the lessor commences on the date of funding.

  • Obtained June 2010 reports from the Treasury Integrated Management Information System1 and the GDI to identify all occupied facilities.

  • After removal to this Court, AMTEC served a third-party complaint against Mazuma, alleging breach of the Master Progress Payment Agreement and related agreements by Mazuma.

  • This means that the stages should be the standard progress payments, or if you have agreed to different stages and or percentages from the standard, that you have signed a Progress Payment Agreement (which is an approved form).

  • Plaintiff Republican Bank (“Plaintiff”) is the successor in interest to Mazuma.1Docket No. 16.On or about February 3, 2006, Defendant and Mazuma entered into a Master Lease Agreement No. MCC0909 (“MLA”) in which Mazuma agreed to purchase certain equipment for Defendant’s use in exchange for Defendant leasing the equipment from Mazuma.In connection with the MLA, Defendant and Mazuma also entered into a Master Progress Payment Agreement (“PPA”).

  • Ex. C.) Pursuant to the terms of the Progress Payment Agreement, Norfleet DDS PC would submit purchase orders to its vendors and cause its vendors to invoice Matsco.

Related to Progress Payment Agreement

  • Payment Agreement means a written agreement which provides

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Repayment Agreement means an agreement

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Development Agreement has the meaning set forth in the Recitals.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • New Management Agreement means the management agreement to be entered into between Buyer and the Manager for the operation and management of the Hotel on and after the Closing Date.

  • Secondment Agreement is defined in Section 2.2.

  • SWS wage assessment agreement means the document in the form required by the Department of Education, Employment and Workplace Relations that records the employee’s productive capacity and agreed wage rate

  • Expense Agreement means the Agreement as to Expenses and Liabilities between the Depositor and the Trust, substantially in the form attached as Exhibit D, as amended from time to time.

  • Joint Development Agreement has the meaning provided in Section 5.3.

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • MCIP Agreement means the Agreement for the Development of a Joint County Industrial and Business Park (2010 Park) dated as of December 1, 2010, as amended, between the County and Xxxxxxxx County, South Carolina, as the same may be further amended or supplemented from time to time, or such other agreement as the County may enter with respect to the Project to offer the benefits of the Special Source Revenue Credits to the Company hereunder.

  • Indemnity, Subrogation and Contribution Agreement means the Indemnity, Subrogation and Contribution Agreement among Xxxxx 0, the Borrower, the Subsidiary Loan Parties and the Collateral Agent, substantially in the form of Exhibit C-3.

  • Training Agreement means an agreement registered under the provisions of the Industrial and Commercial Training Act 1985.

  • Consent Agreement shall have the meaning set forth in Section 14.2.

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Construction Management Agreement means the Construction Management Agreement, dated as of the date of the Common Agreement, between Construction Manager and the Project Company.

  • Settlement Agreements means any settlement reached in the U.S. Litigation with any of the Settling Defendants.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Settlement Agreement means this agreement, including the recitals and schedules.