Installment Payment Dates Clause Samples

Installment Payment Dates. On the first, second, third, fourth and fifth anniversaries of the Conversion Date, the then value of the Seller's aggregate remaining phantom stock units shall be determined, and the Seller shall receive a cash

Installment Payment Dates. On each Installment Payment Date, the Company shall pay, in cash, equal quarterly installments of $1.875 on each Note, subject to the Company’s right to extend the Installment Payment Period at any time and from time to time under the circumstances, and subject to the conditions, set forth in Section 2.03.

Installment Payment Dates. March 1, June 1, September 1 and December 1 of each year, commencing on March 1, 2015, with a final installment payment date of December 1, 2017. Preferred Stock Installment Payments on the Mandatory Redeemable Preferred Stock: Kindred will make quarterly preferred stock installment payments of $18.75 per share of Mandatory Redeemable Preferred Stock (except for the March 1, 2015 preferred stock installment payment, which will be $20.00 per share of Mandatory Redeemable Preferred Stock) (equivalent to a 7.50% cash payment per year) in cash, shares of the Common Stock, or a combination thereof, at Kindred’s election, to the extent that Kindred has funds lawfully available for such purpose with respect to any such payments in cash and, with respect to the dividend portion of such payment, such dividend is declared by Kindred’s board of directors. Dividends on the Mandatory Redeemable Preferred Stock will accumulate at a rate of 7.25% per annum on the outstanding liquidation preference (after giving effect to any prior reductions therein) of the Mandatory Redeemable Preferred Stock. Each preferred stock installment payment will constitute a payment of dividends and a payment of consideration (the “Redemption Amount”) for the partial reduction in the liquidation preference of the Mandatory Redeemable Preferred Stock, allocated as set forth in the following table: March 1, 2015 $ 16.10 $ 3.90 June 1, 2015 $ 15.39 $ 3.36 September 1, 2015 $ 15.67 $ 3.08 December 1, 2015 $ 15.95 $ 2.80 March 1, 2016 $ 16.24 $ 2.51 June 1, 2016 $ 16.54 $ 2.22 September 1, 2016 $ 16.83 $ 1.92 December 1, 2016 $ 17.14 $ 1.61 March 1, 2017 $ 17.45 $ 1.30 June 1, 2017 $ 17.77 $ 0.98 September 1, 2017 $ 18.09 $ 0.66 December 1, 2017 $ 18.42 $ 0.33 Redemption of Mandatory Redeemable Preferred Stock at the Option of the Holder: If Kindred elects to settle the Purchase Contracts early or in the event of a Merger Termination Redemption, holders of Mandatory Redeemable Preferred Stock (whether as components of Units or separate Mandatory Redeemable Preferred Stock) will have the right to require Kindred to redeem their Mandatory Redeemable Preferred Stock for cash, shares of Common Stock or a combination thereof, at Kindred’s election at a redemption price per share of Mandatory Redeemable Preferred Stock equal to the liquidation preference per share of Mandatory Redeemable Preferred Stock as of the Redemption Date plus accumulated and unpaid dividends on such share to, but excluding, the r...

Installment Payment Dates. Each March 7, June 7, September 7 and December 7, commencing on September 7, 2015, with a final installment payment date of June 7, 2018. Payments on the Amortizing Notes: The Amortizing Notes will pay holders equal quarterly cash installments of $0.9375 per Amortizing Note (except for the September 7, 2015 installment payment, which will be $0.9063 per Amortizing Note), which in the aggregate will be equivalent to a 7.50% cash payment per year with respect to each $50 Stated Amount of Units. Each installment will constitute a payment of interest (at an annual rate of 1.50%) and a partial repayment of principal on the Amortizing Notes, allocated with respect to each Amortizing Note as set forth in the following amortization schedule: September 7, 2015 $ 0.8666 $ 0.0397 December 7, 2015 $ 0.8997 $ 0.0378 March 7, 2016 $ 0.9031 $ 0.0344 June 7, 2016 $ 0.9064 $ 0.0311 September 7, 2016 $ 0.9098 $ 0.0277 December 7, 2016 $ 0.9133 $ 0.0242 March 7, 2017 $ 0.9167 $ 0.0208 June 7, 2017 $ 0.9201 $ 0.0174 September 7, 2017 $ 0.9236 $ 0.0139 December 7, 2017 $ 0.9270 $ 0.0105 March 7, 2018 $ 0.9305 $ 0.0070 June 7, 2018 $ 0.9340 $ 0.0035 Indenture Indenture for Debt Securities with The Bank of New York Mellon Trust Company, N.A. dated September 19, 2006, as supplemented by that certain Third Supplemental Indenture dated as of June 10, 2015. Public Offering Price: $50 per Unit $400,000,000 in the aggregate (or $460,000,000 in the aggregate if the underwriters of the Units Offering exercise their over-allotment option in full). Underwriting Discount: $1.50 per Unit $12,000,000 in the aggregate (or $13,800,000 in the aggregate if the underwriters of the Units Offering exercise their over-allotment option in full). The underwriters of the Units Offering propose to offer the Units to dealers at the public offering price less a concession not in excess of $0.90 per Unit. Closing Date: June 10, 2015. Lock-Up Period and Securities 45 days; WGP Common Units, including securities convertible into, or exchangeable for WGP Common Units, or options, rights or warrants with respect to any WGP Common Units. Applicable Time: 4:45 p.m. Eastern Time, on the date of this Terms Agreement. Estimated Net Proceeds to Anadarko from the Units Offering: Estimated net proceeds from the sale of Units in the Units Offering, after deducting underwriting discounts and commissions and estimated offering expenses, will be approximately $387.1 million (or approximately $445.3 million if the underwri...

Installment Payment Dates. On each Installment Payment Date, the Company shall pay, in cash, installments on each Note of $0.406250 (each, an “Installment Payment”); provided that the Installment Payment on each Note on August 15, 2012 shall equal $0.424306. Installments will be paid to the person in whose name a Note is registered on the Regular Record Date corresponding to such Installment Payment Date.

Installment Payment Dates. March 1, June 1, September 1 and December 1 of each year, commencing on March 1, 2015, with a final installment payment date of December 1, 2017. Preferred Stock Installment Payments on the Mandatory Redeemable Preferred Stock: Kindred will make quarterly preferred stock installment payments of $18.75 per share of Mandatory Redeemable Preferred Stock (except for the March 1, 2015 preferred stock installment payment, which will be $20.00 per share of Mandatory Redeemable Preferred Stock) (equivalent to a 7.50% cash payment per year) in cash, shares of the Common Stock, or a combination thereof, at Kindred’s election, to the extent that Kindred has funds lawfully available for such purpose with respect to any such payments in cash and, with respect to the dividend portion of such payment, such dividend is declared by Kindred’s board of directors. Dividends on the Mandatory Redeemable Preferred Stock will accumulate at a rate of 7.25% per annum on the outstanding liquidation preference (after giving effect to any prior reductions therein) of the Mandatory Redeemable Preferred Stock.

Installment Payment Dates. The three installments determined under Section 1.3 shall be paid to the Participating Shareholders on the following dates: (a) First Installment. At Closing.

Installment Payment Dates. On each Installment Payment Date, the Company shall pay, in cash, equal quarterly installments of $1.875 on each Note, subject to the Company’s right to extend the Installment Payment Period at any time and from time to time under the circumstances, and subject to the conditions, set forth in Section 2.03.