Two Installments Clause Samples

The "Two Installments" clause establishes that a payment or obligation will be divided into two separate parts, each due at different times or upon completion of specific milestones. Typically, this means the first installment is paid upfront or at the start of a project, while the second is paid upon completion or delivery of agreed-upon goods or services. This structure helps manage cash flow for both parties and ensures that the provider has an incentive to fulfill their obligations, while the payer does not have to commit the full amount before receiving results.
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Two Installments. This plan allows Late Purchasers to pay, if purchasing their Membership for a Season prior to April 30th of that Season, for their Membership in two equal installments. The first installment will be due at the time of Membership purchase and the second will be due on May 1st of the current Season. These payments may be made using a Credit Card, Visa debit, Mastercard debit or electronic funds transfer.
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Two Installments. This plan allows Late Purchasers to pay for their Membership in two equal installments. The first installment will be due at the time of Membership purchase and the second will be due on the dated identified on the Membership invoice. These payments may be made using a Credit Card, or cheque.
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Two Installments. Payments are due August 1, 2016 and January 1, 2017.
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Related to Two Installments

  • Installments For purposes of Section 409A of the Code (including, without limitation, for purposes of Treasury Regulation Section 1.409A-2(b)(2)(iii)), Executive’s right to receive any installment payments under this Agreement shall be treated as a right to receive a series of separate payments and, accordingly, each such installment payment shall at all times be considered a separate and distinct payment.

  • Payment of Final Installment The final installment of principal (whether payable by wire transfer or check) of each Note on a Payment Date, the Redemption Date or the Final Scheduled Payment Date will be payable only on presentation and surrender of the Note, subject to Section 2.7(a). The Indenture Trustee will notify each Registered Noteholder of the date the Issuer expects to pay the final installment on any of the Notes, which notice will be delivered no later than five days before that date, and the place where the Notes may be presented and surrendered for payment.

  • 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.

  • 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 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.