Installment Sales Sample Clauses

Installment Sales. AmeriFirst may purchase Installment Sale Contracts from Merchant. Neither this Agreement nor any past conduct between Merchant and AmeriFirst will at any time obligate AmeriFirst to purchase any Contract from Merchant. When Merchant wants AmeriFirst to purchase a Contract, Merchant will contact AmeriFirst and provide AmeriFirst with the information that AmeriFirst determines it needs in order to decide whether the Buyer meets AmeriFirst's standards of creditworthiness. In the event that AmeriFirst determines it will purchase the Contract, it will communicate that decision to Merchant either orally or in writing. AmeriFirst reserves the right to cancel or modify the terms and conditions of its Contract purchase approval at any time prior to the time the Contract is purchased. Any cancellation or modification of the terms and conditions of Contract purchase approval shall be promptly communicated by AmeriFirst to Merchant either orally or in writing
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Installment Sales. The Company will not be required to include any items of income in taxable income for any taxable period (or portion thereof) ending after the Closing Date as a result of any installment sale or open transaction disposition made on or prior to the Closing Date.
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Installment Sales. The cash portion of the sale price of the Project or any part thereof, together with all installments and payments of cash (including interest) of or against any deferred portion of such purchase price, shall be distributed in accordance with the levels provided above, with each person or entity entitled to payment under a level receiving the entire amount of such cash until the sum payable under such level shall have been discharged in cash.
Sample 1
Installment Sales. In November 1997, Fluid sold an Akelx xxxxx xx Ananx Xxxx Xxxvice in Madras, India under an installment sales contract ("Anand Installment Sales Contract"). Monthly payments in the approximate amount of $9677 per month are due through December 1, 1998 to Fluid under the agreement. In consideration of the agreement by Robexx Xxxxxxx, Xxchxxx Xxxxxxx xxx Robexx Xxxxxxx, Xx., to enter into consulting agreements with Buyer, as more particularly set forth in paragraph 2.7.7 herein, Buyer will assign and transfer to Seller at the closing all of Fluid's right, title and interest in the Anand Installment Sales Contract. The installment sales contract of Fluid with Louma L.A. shall remain the property of Fluid.
Sample 1
Installment Sales. If any assets are sold in transactions in which, by reason of Section 453 of the Code, gain is realized but not recognized, such gain shall be taken into account when realized in computing gain or loss of the Company for purposes of allocation of Net Profit or Net Loss under this Article 5 and, if such sales shall involve substantially all the assets of the Company, the Company shall be deemed to have been dissolved and terminated notwithstanding any election by the Members to continue the Company for purposes of collecting the proceeds of such sales.
Sample 1
Installment Sales. In connection with any transaction which, under the Code, the Joint Venture elects to treat as an installment sale, Gain or Loss shall be allocated under the above provisions of this Section as though the full amount of the deferred obligation had been received at the time of Sale, and, in any fiscal year in which a portion of the Gain or Loss is required to be recognized for federal income tax purposes, the portion to be recognized by the Joint Venture for such fiscal year shall be allocated among the Partners, as nearly as possible, in the proportions in which Net Cash Flow resulting from such Sale has been distributed or is distributable to the Partners for such fiscal year, until such time as the full amount of the Gain or Loss required to be allocated to a Partner has been so allocated. Anything herein to the contrary notwithstanding, the amount of interest income included in the income of the Joint Venture for federal income tax purposes by reason of the collection of interest on any deferred obligation resulting from a Sale shall be specially allocated to the Partners to whom and in such amount as such interest is distributable pursuant to Section 6.3.
Sample 1
Installment Sales. In connection with any Sale transaction whereby Net Cash Flow is received in installments, principal payments received with respect to the installment obligation shall be allocated among the Partners in the priority indicated in (and subject to the provisions of) Section 6.1 as of the date of such Sale, and interest payments received by the Joint Venture with respect to such deferred obligation shall be distributed among the Partners in the same proportion in which each is entitled to share in the principal portion of the deferred obligation.
Sample 1
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Installment Sales. AmeriFirst may purchase Installment
Sample 1
Installment Sales. If the Company sells any asset for an installment obligation (other than a de minimis obligation) and the Management Committee -- ------- determines to retain and collect the obligation in the Company, the Company shall account for obligations as if it distributed out the present value of the obligation as determined by the Management Committee. Any interest on such obligation shall be allocated to the Members in accordance with their share received in the deemed distribution.
Sample 1

Related to Installment Sales

  • 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.

  • 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.

  • Annual Payment During each calendar year, an employee may choose to receive payment for up to twenty (20) hours of accrued vacation leave or compensatory time. Request for payment may be made in November or December of each year. Such payment shall be made during the month of November or December and will be granted only if the employee has taken at least forty (40) hours of vacation/compensatory time during the calendar year. Such payment shall be at the base hourly rate only, no add-ons.

  • Treatment of Each Installment as a Separate Payment For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Executive is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments.

  • Initial Payment Interconnection Customer shall elect (and provide its election to the Transmission Provider within five days of the commencement of negotiation of the GIA pursuant to Section 11.2 of the GIP) to make either 1) an initial payment equal to twenty (20) percent of the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades (if the In-Service Date is less than or equal to five (5) years of the initial payment date); or 2) an initial payment equal to ten (10) percent of the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades (if the In-Service Date exceeds the initial payment date by more than five (5) years); or 3) the total cost of Network Upgrades, Transmission Owner Interconnection Facilities, Transmission Owner’s System Protection Facilities, Distribution Upgrades and/or Generator Upgrades in the form of security pursuant to Article 11.6. The initial payment shall be provided to Transmission Owner by Interconnection Customer pursuant to this Article 11.5 within the later of a) forty-five (45) Calendar Days of the execution of the GIA by all Parties, or b) forty-five (45) Calendar Days of acceptance by FERC if the GIA is filed unexecuted and the payment is being protested by Interconnection Customer, or c) forty-five (45) Calendar Days of the filing if the GIA is filed unexecuted and the initial payment is not being protested by Interconnection Customer. If the Interconnection Customer made its milestone payments in the form of cash and the Interconnection Customer elects a cash initial payment, then the Transmission Provider shall transfer those funds to the Transmission Owner on the Interconnection Customer’s behalf.

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ⮚ an interim technical report in accordance with the instructions laid down in Annex I; ⮚ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • PAYMENT TERMS/PRE-PAYMENT/QUANTITY DISOUNTS If discounts for accelerated payment, pre-payment, progress payment, or quantity discounts are offered, they must be clearly indicated in the Contractor’s submission prior to contract award. The applicability or acceptance of these terms is at the discretion of the Customer.

  • Purchase Price Payment The total Purchase Price for the Property is the amount of the successful bid for the parcel at public auction.

  • Payment Due Payment for services provided will be due on or before the next xxxx date (i.e., same date in the following month as the xxxx date) and is payable in immediately available funds. Payment is considered to have been made when received by BellSouth.

  • Annual Payments The Settling Distributors shall make eighteen (18) Annual Payments, each comprised of base and incentive payments as provided in this Section IV, as well as fifty percent (50%) of the amount of any Settlement Fund Administrator costs and fees that exceed the available interest accrued in the Settlement Fund as provided in Section V.C.5, and as determined by the Settlement Fund Administrator as set forth in this Agreement.

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