Subsequent Payment Date definition

Subsequent Payment Date means the Third Installment Date and the first Business Day of each calendar quarter thereafter, commencing with the second calendar quarter after the Third Installment Date.

Subsequent Payment Date means the date which is four weeks after the last of: if the approval of the HM Revenue and Customs is required to the making of a transfer or payment from the Former Scheme to the Incoming Contractor’s Scheme, the date upon which such approval is obtained (and the TSP shall procure that application for such approval is made on (if not before) the requests referred to in clause 3.6(B) being made); if any transfer or payment to be made pursuant to a provision in clause 3.6, includes any amount in respect of the liability for contracted-out benefits a transfer in respect of such contracted-out benefits may be made to the Incoming Contractor’s Scheme in accordance with the Pension Schemes Act 1993; and the date upon which the Subsequent Transfer Value is determined by the Former Scheme Actuary (which determination the TSP shall procure that such actuary makes as soon as reasonably practical) and verified by the actuary to the Incoming Contractor’s Scheme.

Subsequent Payment Date means the Payment Date falling one month following a month in which You pay less than the Balance Outstanding or make further drawings against the Credit Limit.

Examples of Subsequent Payment Date in a sentence

• Each Cash Investor has, and will have on the Closing Date and on any Subsequent Payment Date, cash available to it in an amount sufficient to make its Initial Cash Contribution or Subsequent Cash Contribution, as the case may be, in accordance with the terms of Article 2.

• In the event that the Maker is employed by Aspect on a Subsequent Payment Date, Aspect shall forgive the amount of the Subsequent Payment relating to such Subsequent Payment Date and any and all such amounts shall be considered and treated as compensation to the Maker by Aspect such that in the event that the Maker is still employed by Aspect on September 24, 2001, this Promissory Note will be considered cancelled with all principal and interest forgiven by Aspect.

• If a Change of Control Event occurs at any time prior to the Subsequent Payment Date, then at the election of Sellers’, the Sellers shall be immediately entitled to receive the Post-Closing Payment Amount in the form of a United States cash currency payment.

• Purchaser shall pay to Seller the amount of $2,500,000 in cash in consideration for the sale of the Membership Interest (the "Purchase Price"), $1,000 of which is payable at Closing (as defined herein) and the balance of which is payable on the six month anniversary of the Commencement Date (as defined in the Joint Venture Agreement) (the "Subsequent Payment Date").

• Principal and interest shall be paid as follows: principal and interest shall be paid by the Maker in four equal annual installments in the amount of $8,151.86 each, with the first such installment (the "First Payment") due and payable on September 24, 1998 (the "First Payment Date") and the next three installments (each a "Subsequent Payment") due and payable on September 24 of each year thereafter (each a "Subsequent Payment Date"), with such final payment due and payable on September 24, 2001.

More Definitions of Subsequent Payment Date

Subsequent Payment Date means any date after the Initial ----------------------- Payment Date (i) that is set by the Disbursing Agent under the direction of the Debtors, or is otherwise ordered by the Bankruptcy Court, and (ii) upon which the Disbursing Agent makes a distribution to any holders of Allowed Claims in accordance with Article V of the Plan.

Subsequent Payment Date has the meaning set forth in Section 3.01.2(a).

Subsequent Payment Date means any date after the Initial Payment Date (i) that is set by the Disbursing Agent under the direction of the Committee, or is otherwise ordered by the Court, and (ii) upon which the Disbursing Agent makes a

Subsequent Payment Date means each of the First Subsequent Payment Date, Second Subsequent Payment Date, Third Subsequent Payment Date, Fourth Subsequent Payment Date, and Fifth Subsequent Payment Date, as applicable.

Subsequent Payment Date means, if any, the first June 30 to occur after the First Payment Date and each June 30 thereafter until and including the Final Date.

Subsequent Payment Date means the earlier to occur of the date that (i) the Target Equityholders have arranged for the sale of the Subsequent Consideration Shares in a block sale (i.e., sales not in the open market) pursuant to and subject to the terms of the Registration Statement and (ii) Parent shall have cash in excess of Parent’s cash requirements as determined by reference to Parent’s operating budget approved by the Parent Board of Directors for the succeeding twelve (12) months.

Subsequent Payment Date has such meaning as set forth in Section 2.6(a)(ii)(3)