Examples of Upfront Amount in a sentence
Payment of the Project Development Fee, First instalment of Upfront Amount and First initial “base Year Annual Lease Rental”, First Year Advance Annual Lease Rental, submission of Performance Security Bank Guarantee, shall be preconditions for the signing of the Authorisation Agreement.
Within sixty (60) days of the Effective Date of this Agreement, COMPANY shall pay UNIVERSITY an upfront payment of [Upfront Amount] as partial consideration for this agreement.
In consideration for the option granted herein, COMPANY agrees to pay UNIVERSITY [Upfront Amount].
The disbursement of the second Tranche is furthermore conditional upon the delivery by the Bank to the Borrower, following receipt of the relevant Allocation Requests, of the Allocation Letter confirming the eligibility of Sub-Projects fi- nanced under the Upfront Amount for an amount at least of or equivalent to EUR 5,000,000.00 (five million euros).
This is a one time Upfront Amount and is not refundable under any circumstances at any time and place.