Second Payment definition
Second Payment as defined in Section 2.6 (a).
Second Payment shall have the meaning set forth in Section 2(iv).
Second Payment. Has the meaning given to it in Section 3.1(b).
Examples of Second Payment in a sentence
No later than [***] following delivery by Viridian to the Buyer of written notice of the occurrence of the Second Payment Triggering Event and the Third Payment Triggering Event [***] Buyer will deliver (or cause to be delivered) to Viridian (or any Affiliate of Viridian designated by Viridian in writing) payment of $15,000,000 -11- (such amount, the “Fourth Payment”) by wire transfer of immediately available funds to one or more accounts designated in writing by Viridian (or such designee).
As of the last day of any calendar month, the Borrower shall not permit the Second Payment Default Rate for two or more of the three Vintages in the most recent Set of Vintages to be greater than 4%.
More Definitions of Second Payment
Second Payment has the meaning set forth in Clause 3.2.2;
Second Payment means a TV licence payment paid in respect of a TV licence whose TV licence period overlaps (in whole or in part) with A.
Second Payment has the meaning set forth in Section 5.1(b).
Second Payment means the payment due on or before October 17th, 2005 as described in Section 5 below.
Second Payment means the sum of three hundred thousand pounds (£300,000.00) exclusive of any VAT payable on such amount.
Second Payment means an amount equal to the greater of (a) the IRR Calculated Price (as defined below) and (b) the MOIC Calculated Price (as defined below). The Second Payment is exclusive of VAT. To the extent VAT is chargeable on the Second Purchase, Bridger shall pay any applicable VAT to Owner or directly to the relevant tax authority, as applicable.
Second Payment means $75,000,000, which shall be paid by the Purchasers on the Second Purchaser Payment Date in accordance with Section 2.03(a)(ii).