Second Instalment definition

Second Instalment means the second instalment of the ECA Premium as more particularly described in paragraph (a)(ii) of Clause 11.5 (ECA Premium).

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Second Instalment means the second instalment of the SACE Premium as more particularly described in Clause 8.1(b).

Second Instalment has the meaning ascribed thereto in Section 2.2(a)(ii) .

Examples of Second Instalment in a sentence

• Consequently, the Borrower hereby irrevocably instructs the Agent on behalf of the Lenders to pay the Second Instalment to SACE on the Drawdown Date and to reimburse themselves by drawing under the Loan the amount of the Second Instalment in accordance with Clause 2.1(b) of this Agreement.

• If the Venue Operator fails to pay on or before 31 May 2019: the Second Instalment; and any interest accrued and payable in accordance with clause 5.2, then the Entitlement(s) with respect to which the Venue Operator is in default are forfeited to the State.

• The Second Instalment financed by the Loan will be repayable in any event by the Borrower to the Lenders in the manner specified in Clause 5 and under any and all circumstances including but without limitation in the event of prepayment or acceleration of the Loan.

• Consequently, the Borrower hereby irrevocably instructs the Agent on behalf of the Lenders to pay the Second Instalment to SACE on the Drawdown Date in accordance with Clause 2.1(c) of this Agreement and to reimburse the Borrower by the Borrower drawing under the Loan the amount of the First Instalment in accordance with Clause 2.1(b) of this Agreement.

• The Seller must make timing of the payment of the Second Instalment an essential condition of the Contract by serving on the Buyer a Default Notice requiring the Buyer to pay the Second Instalment within 14 days after service of the Default Notice (excluding date of service).

More Definitions of Second Instalment

Second Instalment means an amount which:

Second Instalment means, the second instalment of the Contract Price to be paid by the Guarantor to the Seller under the Building Contract in the amount of $8,160,000 following cutting of the first steel plate of the Vessel;

Second Instalment. A payment of the outstanding amount shall be made within thirty days after Grant Recipients submits research outputs herein stated as well as produces works based on such research, Grant Provider approves or deems appropriate.

Second Instalment means the sum of US$ 300,000.-;

Second Instalment means the instalment of SEK 4,000,000 scheduled to be made on 31 October 2025, whereby the Nominal Amount (including any capitalised Interest) of each Bond will be reduced in accordance with Clause 9.5 (Voluntary repayment).

Second Instalment means such further amount of Consideration Shares to be held in escrow by the Escrow Agent and issued to the Vendor in accordance with clause 5.5(D).

Second Instalment. Has the meaning set out in Clause 2.3(b);