Second Installment Payment definition

Second Installment Payment has the meaning set forth in Section 2.6(d).

Second Installment Payment means $2,000,000 deposited into the MGI Payments Escrow Account within 21 days following entry of the Dismissal Order.

Second Installment Payment has the meaning given to that term in Section 3.06(d).

Examples of Second Installment Payment in a sentence

• If the Seller agrees to such calculation, then the Purchaser shall make the Second Installment Payment in accordance with Section 2.7(f).

• If, prior to the Second Installment Payment Date, Executive’s employment is terminated by the Company without Cause (as defined below) or Executive resigns for Good Reason (as defined below) then the Executive will be eligible to receive the Second Installment on the next regularly scheduled payroll date following the Release Effective Date (as defined below), provided that Executive has timely executed and has not revoked the Release by such date.

• To Show Cause Why This Case Should Not Be Dismissed For Failure To Pay The First & Second Installment Payment For A Total Amount Of $160.00Trustee: Scott F.

• Following the execution of this Agreement, Buyer shall execute and deliver to Seller a non-interest bearing promissory note, in the form attached hereto as Exhibit "B" (the "Promissory Note"), in the principal amount of FIVE MILLION DOLLARS ($5,000,000), payable in two installments of TWO MILLION DOLLARS ($2,000,000) on August 2, 1999 (the "First Installment Payment") and THREE MILLION DOLLARS ($3,000,000) on December 1, 1999 (the "Second Installment Payment").

• Notwithstanding anything to the contrary herein, (i) on or prior to the date that is ninety (90) days prior to the Second Installment Payment Date, the Issuer shall have funded the Insurance Reserve Account in an amount not less than the Second Installment Amount, and (ii) on or prior to the date that is ninety (90) days prior to the Third Installment Payment Date, the Issuer shall have funded the Insurance Reserve Account in an amount not less than the Third Installment Amount.

More Definitions of Second Installment Payment

Second Installment Payment means an aggregate amount equal to (x) Three Million Two Hundred Fifty Thousand Dollars ($3,250,000) minus (y) the total amount payable in the Second Year for claims made (or reserved for claims made, including disputed claims) pursuant to Section 9.1 in the Second Year, minus (z) the Second Installment Preferred Consideration multiplied by the Preferred Share Amount.

Second Installment Payment has the meaning ascribed to it in Section 2.7(f).

Second Installment Payment has the meaning given to such term in the Purchase Agreement.

Second Installment Payment means the payment on the Promissory Note made by Borrower or Borrower's Assigns to the Lender on or before July 30, 2004, in an amount which is greater than or equal to $437,500."

Second Installment Payment has the meaning specified in Sections 1.1 and 1.2 hereof.

Second Installment Payment has the meaning set forth in Section 3.1(a)(ii).

Second Installment Payment shall have the meaning ascribed to it on Annex 4.”