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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

  • If this Agreement is not canceled and the Second Payment is made when required, all of Buyer's conditions and contingencies will be deemed satisfied.

  • Unless this Agreement is canceled by Buyer pursuant to the terms hereof, if Buyer fails to make the Second Payment, Seller shall be entitled to retain the First Payment and Buyer irrevocably will be deemed to be in default under this Agreement.

  • Before ISR effects the Second Payment (as defined in the payment schedule in Section 9 above), and as a condition thereto, the Supplier shall furnish ISR with a bank guarantee in the full amount of the payment then due in the form attached hereto as Annex G1 (the "Payment Guarantee").

  • The minimum monthly payment for each fixed rate loan option shall commence the first month following the date of the advance and shall be in addition to the minimum monthly payment described herein for the amounts outstanding under the Credit Line at a variable rate during the First Payment Stream or during the Second Payment Stream, as applicable.

  • If this Agreement is not canceled and the First Payment and the Second Payment is made when required, all of Buyer's conditions and contingencies will be deemed satisfied.


More Definitions of Second Payment

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 Clause 3.2.2;
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 $65,000,000, which shall be paid by the Purchasers on the Second Purchaser Payment Date in accordance with Section 2.03(a)(ii).