Annual Installment definition

Annual Installment means the portion of the PACE loan that is due and payable for a particular year under the supplemental agreement.
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Annual Installment shall have the meaning assigned to such term in the Indenture.
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Annual Installment means any installment payment required to be paid to a Participant, the amount of each of which shall be determined by multiplying each Account Balance as of the Valuation Date immediately preceding the date of the Annual Installment by a fraction, the numerator of which shall be one (1) and the denominator of which shall be the number of Annual Installments remaining to be paid to the Participant.
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Examples of Annual Installment in a sentence

  • The Provider will invoice the Fee for the first Subscription Term (or the first Annual Installment if the Fee is divided into Annual Installments) after acceptance of the Quote by the Customer.

  • If the Customer does not agree with the increased Annual Installment, the Customer is entitled to terminate the Agreement by written notice served to the Provider within 15 days of delivery of the notice of the increased Annual Installment under the terms set out with respect to the Changes in the section "Changes" hereof.

  • The amount of the Annual Installment specified in the Quote applies only to the first year of provision of the Service, unless otherwise explicitly stated in the Quote.

  • If the Fee is divided into Annual Installments, the Provider will invoice the Annual Installments always before the beginning of the year of provision of the Service to which the relevant Annual Installment relates.

  • The Provider shall notify the increased Annual Installment to the Customer always no later than 30 days prior to the start of the following year of provision of the Service.


More Definitions of Annual Installment

Annual Installment means the annual installment payment of the Operations and Maintenance Assessment as calculated by the Administrator and approved by the City Council, plus Annual Collection Costs.
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Annual Installment means, with respect to each Assessed Property, each annual payment of: (i) the principal of and interest on the Assessments as shown on the Assessment Roll or in an Annual Service Plan Update, and as shown in Exhibit F-2 to the Service and Assessment Plan, and calculated as provided in Section VI of the Service and Assessment Plan, (ii) Annual Collection Costs and (iii) the Additional Interest.
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Annual Installment means the annual installment payment of an Assessment as calculated by the Administrator and approved by the City Council, that includes: (1) principal; (2) interest; (3) Annual Collection Costs; and (4) Additional Interest, if applicable.
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Annual Installment means, with respect to each Parcel, the annual installment payment of an Assessment as calculated by the Administrator, approved by the City Council, and shown on an Assessment Roll, and includes: (1) principal; (2) interest; and (3) Annual Collection Costs.
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Annual Installment means, with respect to each Parcel, each annual payment of the Assessment, as shown on the Assessment Roll attached hereto as Appendix C or an Annual Service Plan Update, and calculated as provided in Section VI of this Service and Assessment Plan.
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Annual Installment is defined in the SAP.
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Annual Installment means the portion of the loan amount that is due for a particular year under the loan agreement.
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