Installment Payment Amount Sample Clauses

Installment Payment Amount. Each installment payment shall constitute a payment of interest (at a rate of 9.50% per annum) and a partial repayment of principal on the Note, allocated as set forth in the schedule below. Scheduled Installment Payment Date Amount of Principal Amount of Interest March 15, 2011 $ 0.745703 $ 0.243880 June 15, 2011 $ 0.724166 $ 0.213334 September 15, 2011 $ 0.741365 $ 0.196135 December 15, 2011 $ 0.758973 $ 0.178527 March 15, 2012 $ 0.776998 $ 0.160502 June 15, 2012 $ 0.795452 $ 0.142048 September 15, 2012 $ 0.814344 $ 0.123156 December 15, 2012 $ 0.833684 $ 0.103816 March 15, 2013 $ 0.853484 $ 0.084016 June 15, 2013 $ 0.873755 $ 0.063745 September 15, 2013 $ 0.894506 $ 0.042994 December 15, 2013 $ 0.915751 $ 0.021749 Each installment payment in respect of the Notes shall be treated, for purposes of the Base Indenture and this Supplemental Indenture, as a partial payment of principal and a payment of interest, in each case, in an amount equal to the relevant amount set forth under the heading “Amount of Principal” and the heading “Amount of Interest” in the table above. Each installment payment for any Installment Payment Period shall be computed by the Company on the basis of a 360-day year of twelve 30-day months. If an installment payment is payable for any period shorter than a full Installment Payment Period, such installment payment shall be computed on the basis of the actual number of days elapsed per 30-day month. Furthermore, if any date on which an installment payment is payable is not a Business Day, then the installment payment on such date will be made on the next succeeding day that is a Business Day, and without any interest or other payment in respect of any such delay. However, if such Business Day is in the next succeeding calendar year, then such installment payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.
Sample 1
AutoNDA by SimpleDocs
Installment Payment Amount. Each installment shall constitute a payment of interest (at a rate of [ . ]% per annum) and a partial repayment of principal on the Note, allocated as set forth in the schedule below. Scheduled Installment Payment Date Amount of Principal Amount of Interest [ ], 2011 $ [ ] $ [ ] [ ], 2011 $ [ ] $ [ ] [ ], 2011 $ [ ] $ [ ] [ ], 2012 $ [ ] $ [ ] [ ], 2012 $ [ ] $ [ ] [ ], 2012 $ [ ] $ [ ] [ ], 2012 $ [ ] $ [ ] [ ], 2013 $ [ ] $ [ ] [ ], 2013 $ [ ] $ [ ] [ ], 2013 $ [ ] $ [ ] [ ], 2013 $ [ ] $ [ ] [ ], 2014 $ [ ] $ [ ] Each installment payment for any Installment Payment Period shall be computed on the basis of a 360-day year of twelve 30-day months. If an installment is payable for any period shorter than a full Installment Payment Period, such installment shall be computed on the basis of the actual number of days elapsed per 30-day month. Furthermore, if any date on which an installment is payable is not a Business Day, then payment of the installment on such date shall be made on the next succeeding day that is a Business Day, and without any interest or other payment in respect of any such delay. However, if such Business Day is in the next succeeding calendar year, then such installment payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on the scheduled Installment Payment Date.
Sample 1
Installment Payment Amount. (i) Each Installment Payment shall constitute a payment of interest (at a rate of 5.50% per annum) and a partial repayment of principal on the Note, allocated as set forth in the schedule below. Installment Payment Date Amount of Principal Amount of Interest March 1, 2015 $ 1.5303 $ 0.2752 June 1, 2015 $ 1.3983 $ 0.2267 September 1, 2015 $ 1.4176 $ 0.2074 December 1, 2015 $ 1.4371 $ 0.1879 March 1, 2016 $ 1.4568 $ 0.1682 June 1, 2016 $ 1.4769 $ 0.1481 September 1, 2016 $ 1.4972 $ 0.1278 December 1, 2016 $ 1.5177 $ 0.1073 March 1, 2017 $ 1.5386 $ 0.0864 June 1, 2017 $ 1.5598 $ 0.0652 September 1, 2017 $ 1.5812 $ 0.0438 December 1, 2017 $ 1.6030 $ 0.0220
Sample 1
Installment Payment Amount. Each installment shall constitute a payment of interest (at a rate of 6.15% per annum) and a partial repayment of principal on the Note, allocated as set forth in the schedule below. Installment Payment Date Amount of Principal Amount of Interest March 15, 2010 $ 1.441 $ 0.288 June 15, 2010 $ 1.585 $ 0.290 September 15, 2010 $ 1.610 $ 0.265 December 15, 2010 $ 1.634 $ 0.241 March 15, 2011 $ 1.660 $ 0.215 June 15, 2011 $ 1.685 $ 0.190 September 15, 2011 $ 1.711 $ 0.164 December 15, 2011 $ 1.737 $ 0.138 March 15, 2012 $ 1.764 $ 0.111 June 15, 2012 $ 1.791 $ 0.084 September 15, 2012 $ 1.819 $ 0.056 December 15, 2012 $ 1.847 $ 0.028 Each installment payment for any Installment Payment Period shall be computed on the basis of a 360-day year of twelve 30-day months. If an installment is payable for any period shorter than a full Installment Payment Period, such installment shall be computed on the basis of the actual number of days elapsed per 30-day month. Furthermore, if any date on which an installment is payable is not a Business Day, then payment of the installment on such date will be made on the next succeeding day that is a Business Day, and without any interest or other payment in respect of any such delay. However, if such Business Day is in the next succeeding calendar year, then such installment payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.
Sample 1

Related to Installment Payment Amount

  • Installment Payments Notwithstanding Section 3.01, the Executive may elect by written notice to receive any payments due to him hereunder by way of periodic or installment payments.

  • Payment Amount Each Restricted Stock Unit represents one (1) Share of Common Stock.

  • Treatment of Installment Payments Each payment of termination benefits under this Agreement shall be considered a separate payment, as described in Treas. Reg. Section 1.409A‑2(b)(2), for purposes of Section 409A of the Code.

  • Purchase Price Payment Purchaser shall deliver to SAFEDOX the sum of $5,000 in payment of the 16,667 shares of Common Stock purchased by Purchaser hereunder, a per share price of $.30, which payment shall be delivered as provided in paragraphs VI and VII hereinbelow.

  • Settlement Payment If the resulting net amount is positive, it shall be payable by the Defaulting Party to the Non-Defaulting Party, and if it is negative, then the absolute value of such amount shall be payable by the Non-Defaulting Party to the Defaulting Party.

  • Deferred Purchase Price On each Business Day on and after the Final Payout Date, the Servicer, on behalf of the Agent, shall pay to the SPV an amount equal to the Collections of Receivables received by the SPV less the accrued and unpaid Servicing Fee (and the SPV (or the Servicer on its behalf) shall apply such Collections in the manner described in Section 2.14).

  • Earn-Out Payment As part of the Consideration, the Acquirer shall cause the REIT to pay to the Contributor (or its designee), within sixty (60) days after the "Calculation Date" (as defined below), an amount equal to the Earn-Out Payment (as calculated below); provided, however, that the amount of the Earn-Out Payment shall not exceed $1,800,000. If during the period beginning on the date on which the Project is open for business and available for use by paying overnight guests and ending on the date which is thirty-six (36) full calendar months after the last day of the month in which such opening date occurs (the "Calculation Date") the cumulative "Operating Profit" for the Project (as that term is defined in that certain Management Agreement to be entered into as of Closing (the "Management Agreement") between the TRS Affiliate (as defined below) and Crestline Hotels & Resorts, Inc.) is more than $9,500,000, then the Earn-Out Payment shall be equal to fifty percent (50%) of the difference between (a) the actual amount of the cumulative Operating Profit (as of the Calculation Date) for such 3-year period, and (b) $9,500,000. In the event the cumulative Operating Profit for such 3-year period is $9,500,000 or less, then no Earn-Out Payment shall be payable. If the Contributor is entitled to the Earn-Out Payment pursuant to this Section 1.3, then the Contributor (or its designee) shall receive the Earn-Out Payment in the form of Units, provided the Contributor (or its designee) continues to be an "accredited investor" as described herein. The number of Units delivered to the Contributor (or its designee) shall be equal to the calculated amount of the Earn-Out Payment divided by the average closing price per Common Share of the REIT for the twenty (20) trading days immediately preceding the Calculation Date.

  • Settlement Amount See §2.9.1.

  • Adjustment Payment If the Closing Working Capital exceeds the Target Working Capital, the Purchase Price shall be increased by the amount by which Closing Working Capital exceeds the Target Working Capital, and if the Closing Working Capital is less than the Target Working Capital, the Purchase Price shall be decreased by the amount by which Closing Working Capital is less than the Target Working Capital. In addition to the foregoing adjustment, (i) the Purchase Price shall be decreased by an amount equal to the Debt Amount and (ii) the Purchase Price shall be increased by an amount equal to the Closing Eligible Capital Expenditures. The Purchase Price as so increased or decreased under this Section 2.03(c) shall hereinafter be referred to as the “Adjusted Purchase Price”. If the Closing Date Payment is less than the Adjusted Purchase Price, Purchaser shall, and if the Closing Date Payment is more than the Adjusted Purchase Price, Seller shall, within 10 Business Days after the Statement becomes final and binding on the parties, make payment by wire transfer in immediately available funds in an amount equal to the absolute value of the difference between the Adjusted Purchase Price and the Closing Date Payment to one or more accounts designated in writing at least two Business Days prior to such payment by the party entitled to receive such payment, plus interest thereon at a rate of 5% per annum, calculated on the basis of the actual number of days elapsed divided by 365, from and including the Closing Date to but excluding the date of payment.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!